Audio Pixels Holdings Stock Market Value
| ADPXF Stock | USD 7.10 0.00 0.00% |
| Symbol | Audio |
Please note, there is a significant difference between Audio Pixels' value and its price as these two are different measures arrived at by different means. Investors typically determine if Audio Pixels is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Audio Pixels' 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.
Audio Pixels '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 Audio Pixels' otc 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 Audio Pixels.
| 12/06/2022 |
| 04/29/2024 |
If you would invest 0.00 in Audio Pixels on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding Audio Pixels Holdings or generate 0.0% return on investment in Audio Pixels over 510 days. Audio Pixels is related to or competes with Microsoft, Apple, NVIDIA, Alphabet, Amazon, and Meta Platforms. More
Audio Pixels 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 Audio Pixels' otc 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 Audio Pixels Holdings upside and downside potential and time the market with a certain degree of confidence.
Audio Pixels Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Audio Pixels' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Audio Pixels' standard deviation. In reality, there are many statistical measures that can use Audio Pixels historical prices to predict the future Audio Pixels' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Audio Pixels' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Audio Pixels Holdings Backtested Returns
We have found three technical indicators for Audio Pixels Holdings, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. the returns on MARKET and Audio Pixels are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Audio Pixels Holdings has no correlation between past and present. Overlapping area represents the amount of predictability between Audio Pixels time series from 6th of December 2022 to 18th of August 2023 and 18th of August 2023 to 29th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Audio Pixels Holdings price movement. The serial correlation of 0.0 indicates that just 0.0% of current Audio Pixels price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.99 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Audio Pixels Holdings lagged returns against current returns
Autocorrelation, which is Audio Pixels otc 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 Audio Pixels' otc stock expected returns. We can calculate the autocorrelation of Audio Pixels returns to help us make a trade decision. For example, suppose you find that Audio Pixels has exhibited high autocorrelation historically, and you observe that the otc 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 |
Audio Pixels 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 Audio Pixels otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Audio Pixels otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Audio Pixels otc stock over time.
Current vs Lagged Prices |
| Timeline |
Audio Pixels Lagged Returns
When evaluating Audio Pixels' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Audio Pixels otc stock have on its future price. Audio Pixels 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, Audio Pixels autocorrelation shows the relationship between Audio Pixels otc stock current value and its past values and can show if there is a momentum factor associated with investing in Audio Pixels Holdings.
Regressed Prices |
| Timeline |
Pair Trading with Audio Pixels
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Audio Pixels position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Audio Pixels will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Audio Pixels could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Audio Pixels when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Audio Pixels - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Audio Pixels Holdings to buy it.
The correlation of Audio Pixels is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Audio Pixels moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Audio Pixels Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Audio Pixels can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Audio Pixels Correlation, Audio Pixels Volatility and Audio Pixels Alpha and Beta module to complement your research on Audio Pixels. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Complementary Tools for Audio OTC Stock analysis
When running Audio Pixels' price analysis, check to measure Audio Pixels' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Audio Pixels is operating at the current time. Most of Audio Pixels' value examination focuses on studying past and present price action to predict the probability of Audio Pixels' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Audio Pixels' price. Additionally, you may evaluate how the addition of Audio Pixels to your portfolios can decrease your overall portfolio volatility.
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Audio Pixels technical otc 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, otc market cycles, or different charting patterns.