Aeroclean Stock Market Value

AERC
 Stock
  

USD 3.54  0.55  13.45%   

Aeroclean Technologies' market value is the price at which a share of Aeroclean Technologies stock trades on a public exchange. It measures the collective expectations of Aeroclean Technologies investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Aeroclean Technologies and determine expected loss or profit from investing in Aeroclean Technologies over a given investment horizon. Please continue to Aeroclean Technologies Correlation, Aeroclean Technologies Volatility and Aeroclean Technologies Alpha and Beta module to complement your research on Aeroclean Technologies.
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Is Aeroclean Technologies' industry 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 Aeroclean Technologies. If investors know Aeroclean 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 Aeroclean Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Aeroclean Technologies is measured differently than its book value, which is the value of Aeroclean that is recorded on the company's balance sheet. Investors also form their own opinion of Aeroclean Technologies' value that differs from its market value or its book value, called intrinsic value, which is Aeroclean Technologies' 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 Aeroclean Technologies' market value can be influenced by many factors that don't directly affect Aeroclean Technologies' 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 Aeroclean Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine Aeroclean Technologies value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aeroclean Technologies' 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.

Aeroclean Technologies '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 Aeroclean Technologies' 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 Aeroclean Technologies.
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09/07/2022
No Change 0.00  0.0 
In 31 days
10/07/2022
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If you would invest  0.00  in Aeroclean Technologies on September 7, 2022 and sell it all today you would earn a total of 0.00 from holding Aeroclean Technologies or generate 0.0% return on investment in Aeroclean Technologies over 30 days. Aeroclean Technologies is related to or competes with Amazon. AeroClean Technologies, Inc., an interior space air purification technology company, provides air purification solutions... More

Aeroclean Technologies 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 Aeroclean Technologies' 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 Aeroclean Technologies upside and downside potential and time the market with a certain degree of confidence.

Aeroclean Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeroclean Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeroclean Technologies' standard deviation. In reality, there are many statistical measures that can use Aeroclean Technologies historical prices to predict the future Aeroclean Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Aeroclean Technologies' 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. Please use the tools below to analyze the current value of Aeroclean Technologies in the context of predictive analytics.
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0.234.5419.60
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Intrinsic
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LowReal ValueHigh
0.203.9318.99
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aeroclean Technologies. Your research has to be compared to or analyzed against Aeroclean Technologies' peers to derive any actionable benefits. When done correctly, Aeroclean Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Aeroclean Technologies.

Aeroclean Technologies Backtested Returns

Aeroclean Technologies secures Sharpe Ratio (or Efficiency) of -0.076, which signifies that the company had -0.076% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Aeroclean Technologies exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Aeroclean Technologies mean deviation of 7.73, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 4.0272, which signifies a somewhat significant risk relative to the market. Let's try to break down what Aeroclean's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aeroclean Technologies will likely underperform. Even though it is essential to pay attention to Aeroclean Technologies historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Aeroclean Technologies exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Aeroclean Technologies has an expected return of -1.15%. Please be advised to confirm Aeroclean Technologies semi variance, rate of daily change, and the relationship between the value at risk and kurtosis to decide if Aeroclean Technologies performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.7  

Very good reverse predictability

Aeroclean Technologies has very good reverse predictability. Overlapping area represents the amount of predictability between Aeroclean Technologies time series from 7th of September 2022 to 22nd of September 2022 and 22nd of September 2022 to 7th of October 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aeroclean Technologies price movement. The serial correlation of -0.7 indicates that around 70.0% of current Aeroclean Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient-0.7
Spearman Rank Test-0.6
Residual Average0.0
Price Variance1.03

Aeroclean Technologies lagged returns against current returns

Autocorrelation, which is Aeroclean Technologies 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 Aeroclean Technologies' stock expected returns. We can calculate the autocorrelation of Aeroclean Technologies returns to help us make a trade decision. For example, suppose you find that Aeroclean Technologies stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
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Aeroclean Technologies 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 Aeroclean Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeroclean Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeroclean Technologies stock over time.
   Current vs Lagged Prices   
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Aeroclean Technologies Lagged Returns

When evaluating Aeroclean Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeroclean Technologies stock have on its future price. Aeroclean Technologies 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, Aeroclean Technologies autocorrelation shows the relationship between Aeroclean Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Aeroclean Technologies.
   Regressed Prices   
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Be your own money manager

Our tools can tell you how much better you can do entering a position in Aeroclean Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Pair Trading with Aeroclean Technologies

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 Aeroclean Technologies 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 Aeroclean Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against Aeroclean Technologies

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The ability to find closely correlated positions to Aeroclean Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aeroclean Technologies 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 Aeroclean Technologies - 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 Aeroclean Technologies to buy it.
The correlation of Aeroclean Technologies is a statistical measure of how it moves in relation to other equities. 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 Aeroclean Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aeroclean Technologies 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 Aeroclean Technologies 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.
Pair CorrelationCorrelation Matching
Please continue to Aeroclean Technologies Correlation, Aeroclean Technologies Volatility and Aeroclean Technologies Alpha and Beta module to complement your research on Aeroclean Technologies. You can also try CEO Directory module to screen CEOs from public companies around the world.

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Aeroclean Technologies 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.
A focus of Aeroclean Technologies technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Aeroclean Technologies trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...