Akso Health Group Stock Market Value
| AHG Stock | USD 1.12 0.11 8.94% |
| Symbol | Akso |
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Akso Health. If investors know Akso will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Akso Health listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.08) | Revenue Per Share 0.056 | Quarterly Revenue Growth 6.76 | Return On Assets (0.04) | Return On Equity |
The market value of Akso Health Group is measured differently than its book value, which is the value of Akso that is recorded on the company's balance sheet. Investors also form their own opinion of Akso Health's value that differs from its market value or its book value, called intrinsic value, which is Akso Health's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Akso Health's market value can be influenced by many factors that don't directly affect Akso Health's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Akso Health's value and its price as these two are different measures arrived at by different means. Investors typically determine if Akso Health is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Akso Health's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Akso Health 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Akso Health's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Akso Health.
| 07/16/2023 |
| 07/05/2025 |
If you would invest 0.00 in Akso Health on July 16, 2023 and sell it all today you would earn a total of 0.00 from holding Akso Health Group or generate 0.0% return on investment in Akso Health over 720 days. Akso Health is related to or competes with Atmos Energy, United Parks, WT Offshore, Vistra Energy, Solstad Offshore, Jutal Offshore, and Thor Industries. Akso Health Group operates a social e-commerce mobile platform in China More
Akso Health Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Akso Health's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Akso Health Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.33 | |||
| Information Ratio | 0.0051 | |||
| Maximum Drawdown | 45.64 | |||
| Value At Risk | (10.17) | |||
| Potential Upside | 10.37 |
Akso Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akso Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akso Health's standard deviation. In reality, there are many statistical measures that can use Akso Health historical prices to predict the future Akso Health's volatility.| Risk Adjusted Performance | 0.0424 | |||
| Jensen Alpha | 0.1939 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0056 | |||
| Treynor Ratio | (0.25) |
Akso Health Group Backtested Returns
Akso Health appears to be abnormally volatile, given 3 months investment horizon. Akso Health Group secures Sharpe Ratio (or Efficiency) of 0.0835, which signifies that the company had a 0.0835 % return per unit of risk over the last 3 months. By analyzing Akso Health's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please makes use of Akso Health's Downside Deviation of 6.33, risk adjusted performance of 0.0424, and Mean Deviation of 4.74 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Akso Health holds a performance score of 6. The firm shows a Beta (market volatility) of -0.56, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Akso Health are expected to decrease at a much lower rate. During the bear market, Akso Health is likely to outperform the market. Please check Akso Health's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Akso Health's price patterns will revert.
Auto-correlation | 0.25 |
Poor predictability
Akso Health Group has poor predictability. Overlapping area represents the amount of predictability between Akso Health time series from 16th of July 2023 to 10th of July 2024 and 10th of July 2024 to 5th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Akso Health Group price movement. The serial correlation of 0.25 indicates that over 25.0% of current Akso Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Akso Health Group lagged returns against current returns
Autocorrelation, which is Akso Health stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Akso Health's stock expected returns. We can calculate the autocorrelation of Akso Health returns to help us make a trade decision. For example, suppose you find that Akso Health has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Akso Health regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Akso Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akso Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akso Health stock over time.
Current vs Lagged Prices |
| Timeline |
Akso Health Lagged Returns
When evaluating Akso Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akso Health stock have on its future price. Akso Health autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Akso Health autocorrelation shows the relationship between Akso Health stock current value and its past values and can show if there is a momentum factor associated with investing in Akso Health Group.
Regressed Prices |
| Timeline |
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Check out Akso Health Correlation, Akso Health Volatility and Akso Health Alpha and Beta module to complement your research on Akso Health. You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Akso Health technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.