AVIC UAS (China) Market Value
| 688297 Stock | 41.44 0.14 0.34% |
| Symbol | AVIC |
AVIC UAS '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 AVIC UAS'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 AVIC UAS.
| 12/29/2022 |
| 12/18/2024 |
If you would invest 0.00 in AVIC UAS on December 29, 2022 and sell it all today you would earn a total of 0.00 from holding AVIC UAS Co or generate 0.0% return on investment in AVIC UAS over 720 days. AVIC UAS is related to or competes with Industrial, Agricultural Bank, China Construction, Bank of China, Postal Savings, Bank of Communications, and China Merchants. AVIC UAS is entity of China. It is traded as Stock on SHG exchange. More
AVIC UAS 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 AVIC UAS'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 AVIC UAS Co upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.25 | |||
| Information Ratio | 0.1171 | |||
| Maximum Drawdown | 29.63 | |||
| Value At Risk | (7.03) | |||
| Potential Upside | 11.67 |
AVIC UAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AVIC UAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AVIC UAS's standard deviation. In reality, there are many statistical measures that can use AVIC UAS historical prices to predict the future AVIC UAS's volatility.| Risk Adjusted Performance | 0.1058 | |||
| Jensen Alpha | 0.6798 | |||
| Total Risk Alpha | 0.5361 | |||
| Sortino Ratio | 0.153 | |||
| Treynor Ratio | (1.27) |
AVIC UAS Backtested Returns
AVIC UAS appears to be not too volatile, given 3 months investment horizon. AVIC UAS secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of return volatility over the last 3 months. By reviewing AVIC UAS's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please makes use of AVIC UAS's Semi Deviation of 3.7, mean deviation of 3.8, and Risk Adjusted Performance of 0.1058 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AVIC UAS holds a performance score of 10. The firm shows a Beta (market volatility) of -0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AVIC UAS are expected to decrease at a much lower rate. During the bear market, AVIC UAS is likely to outperform the market. Please check AVIC UAS's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether AVIC UAS's price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
AVIC UAS Co has poor reverse predictability. Overlapping area represents the amount of predictability between AVIC UAS time series from 29th of December 2022 to 24th of December 2023 and 24th of December 2023 to 18th of December 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 AVIC UAS price movement. The serial correlation of -0.37 indicates that just about 37.0% of current AVIC UAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 35.67 |
AVIC UAS lagged returns against current returns
Autocorrelation, which is AVIC UAS 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 AVIC UAS's stock expected returns. We can calculate the autocorrelation of AVIC UAS returns to help us make a trade decision. For example, suppose you find that AVIC UAS 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 |
AVIC UAS 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 AVIC UAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AVIC UAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AVIC UAS stock over time.
Current vs Lagged Prices |
| Timeline |
AVIC UAS Lagged Returns
When evaluating AVIC UAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AVIC UAS stock have on its future price. AVIC UAS 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, AVIC UAS autocorrelation shows the relationship between AVIC UAS stock current value and its past values and can show if there is a momentum factor associated with investing in AVIC UAS Co.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AVIC Stock
AVIC UAS financial ratios help investors to determine whether AVIC 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 AVIC with respect to the benefits of owning AVIC UAS security.