A1DI34 (Brazil) Market Value
| A1DI34 Stock | BRL 644.48 0.00 0.00% |
| Symbol | A1DI34 |
A1DI34 '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 A1DI34'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 A1DI34.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in A1DI34 on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding A1DI34 or generate 0.0% return on investment in A1DI34 over 30 days. A1DI34 is related to or competes with NVIDIA, Qualcomm, and Intel. Analog Devices, Inc. designs, manufactures, tests, and markets integrated circuits , software, and subsystems that lever... More
A1DI34 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 A1DI34'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 A1DI34 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0326 | |||
| Maximum Drawdown | 10.84 | |||
| Value At Risk | (2.00) | |||
| Potential Upside | 2.58 |
A1DI34 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for A1DI34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A1DI34's standard deviation. In reality, there are many statistical measures that can use A1DI34 historical prices to predict the future A1DI34's volatility.| Risk Adjusted Performance | 0.0611 | |||
| Jensen Alpha | 0.0866 | |||
| Total Risk Alpha | 0.0135 | |||
| Treynor Ratio | 3.76 |
A1DI34 Backtested Returns
At this point, A1DI34 is very steady. A1DI34 secures Sharpe Ratio (or Efficiency) of 0.0752, which signifies that the company had a 0.0752% return per unit of risk over the last 3 months. We have found eighteen technical indicators for A1DI34, which you can use to evaluate the volatility of the entity. Please confirm A1DI34's mean deviation of 0.6075, and Variance of 1.85 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. A1DI34 has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0233, which signifies not very significant fluctuations relative to the market. As returns on the market increase, A1DI34's returns are expected to increase less than the market. However, during the bear market, the loss of holding A1DI34 is expected to be smaller as well. A1DI34 today shows a risk of 1.43%. Please confirm A1DI34 standard deviation, information ratio, and the relationship between the coefficient of variation and variance , to decide if A1DI34 will be following its price patterns.
Auto-correlation | 0.72 |
Good predictability
A1DI34 has good predictability. Overlapping area represents the amount of predictability between A1DI34 time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 A1DI34 price movement. The serial correlation of 0.72 indicates that around 72.0% of current A1DI34 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 38.02 |
A1DI34 lagged returns against current returns
Autocorrelation, which is A1DI34 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 A1DI34's stock expected returns. We can calculate the autocorrelation of A1DI34 returns to help us make a trade decision. For example, suppose you find that A1DI34 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 |
A1DI34 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 A1DI34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A1DI34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A1DI34 stock over time.
Current vs Lagged Prices |
| Timeline |
A1DI34 Lagged Returns
When evaluating A1DI34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A1DI34 stock have on its future price. A1DI34 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, A1DI34 autocorrelation shows the relationship between A1DI34 stock current value and its past values and can show if there is a momentum factor associated with investing in A1DI34.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in A1DI34 Stock
A1DI34 financial ratios help investors to determine whether A1DI34 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 A1DI34 with respect to the benefits of owning A1DI34 security.