ARITZIA INCSUBVTGSHS's market value is the price at which a share of ARITZIA INCSUBVTGSHS trades on a public exchange. It measures the collective expectations of ARITZIA INCSUBVTGSHS investors about its performance. ARITZIA INCSUBVTGSHS is trading at 38.20 as of the 7th of January 2025. This is a 1.06 percent up since the beginning of the trading day. The stock's lowest day price was 38.0. With this module, you can estimate the performance of a buy and hold strategy of ARITZIA INCSUBVTGSHS and determine expected loss or profit from investing in ARITZIA INCSUBVTGSHS over a given investment horizon. Check out ARITZIA INCSUBVTGSHS Correlation, ARITZIA INCSUBVTGSHS Volatility and ARITZIA INCSUBVTGSHS Alpha and Beta module to complement your research on ARITZIA INCSUBVTGSHS.
Please note, there is a significant difference between ARITZIA INCSUBVTGSHS's value and its price as these two are different measures arrived at by different means. Investors typically determine if ARITZIA INCSUBVTGSHS is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, ARITZIA INCSUBVTGSHS'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.
ARITZIA INCSUBVTGSHS '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 ARITZIA INCSUBVTGSHS'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 ARITZIA INCSUBVTGSHS.
0.00
12/08/2024
No Change 0.00
0.0
In 31 days
01/07/2025
0.00
If you would invest 0.00 in ARITZIA INCSUBVTGSHS on December 8, 2024 and sell it all today you would earn a total of 0.00 from holding ARITZIA INCSUBVTGSHS or generate 0.0% return on investment in ARITZIA INCSUBVTGSHS over 30 days. ARITZIA INCSUBVTGSHS is related to or competes with Methode Electronics, Meiko Electronics, UET United, Southwest Airlines, UMC Electronics, and Gol Intelligent. Aritzia Inc., together with its subsidiaries, designs apparels and accessories for women More
ARITZIA INCSUBVTGSHS 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 ARITZIA INCSUBVTGSHS'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 ARITZIA INCSUBVTGSHS upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARITZIA INCSUBVTGSHS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARITZIA INCSUBVTGSHS's standard deviation. In reality, there are many statistical measures that can use ARITZIA INCSUBVTGSHS historical prices to predict the future ARITZIA INCSUBVTGSHS's volatility.
ARITZIA INCSUBVTGSHS appears to be very steady, given 3 months investment horizon. ARITZIA INCSUBVTGSHS secures Sharpe Ratio (or Efficiency) of 0.0996, which signifies that the company had a 0.0996% return per unit of return volatility over the last 3 months. We have found twenty-nine technical indicators for ARITZIA INCSUBVTGSHS, which you can use to evaluate the volatility of the firm. Please makes use of ARITZIA INCSUBVTGSHS's Semi Deviation of 1.74, risk adjusted performance of 0.0792, and Mean Deviation of 1.85 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ARITZIA INCSUBVTGSHS holds a performance score of 7. The firm shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ARITZIA INCSUBVTGSHS are expected to decrease at a much lower rate. During the bear market, ARITZIA INCSUBVTGSHS is likely to outperform the market. Please check ARITZIA INCSUBVTGSHS's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether ARITZIA INCSUBVTGSHS's price patterns will revert.
Auto-correlation
-0.11
Insignificant reverse predictability
ARITZIA INCSUBVTGSHS has insignificant reverse predictability. Overlapping area represents the amount of predictability between ARITZIA INCSUBVTGSHS time series from 8th of December 2024 to 23rd of December 2024 and 23rd of December 2024 to 7th of January 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 ARITZIA INCSUBVTGSHS price movement. The serial correlation of -0.11 indicates that less than 11.0% of current ARITZIA INCSUBVTGSHS price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.11
Spearman Rank Test
0.57
Residual Average
0.0
Price Variance
1.45
ARITZIA INCSUBVTGSHS lagged returns against current returns
Autocorrelation, which is ARITZIA INCSUBVTGSHS 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 ARITZIA INCSUBVTGSHS's stock expected returns. We can calculate the autocorrelation of ARITZIA INCSUBVTGSHS returns to help us make a trade decision. For example, suppose you find that ARITZIA INCSUBVTGSHS 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
ARITZIA INCSUBVTGSHS 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 ARITZIA INCSUBVTGSHS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARITZIA INCSUBVTGSHS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARITZIA INCSUBVTGSHS stock over time.
Current vs Lagged Prices
Timeline
ARITZIA INCSUBVTGSHS Lagged Returns
When evaluating ARITZIA INCSUBVTGSHS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARITZIA INCSUBVTGSHS stock have on its future price. ARITZIA INCSUBVTGSHS 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, ARITZIA INCSUBVTGSHS autocorrelation shows the relationship between ARITZIA INCSUBVTGSHS stock current value and its past values and can show if there is a momentum factor associated with investing in ARITZIA INCSUBVTGSHS.
ARITZIA INCSUBVTGSHS financial ratios help investors to determine whether ARITZIA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in ARITZIA with respect to the benefits of owning ARITZIA INCSUBVTGSHS security.