A1PD34's market value is the price at which a share of A1PD34 trades on a public exchange. It measures the collective expectations of A1PD34 investors about its performance. A1PD34 is trading at 448.50 as of the 28th of December 2024, a No Change since the beginning of the trading day. The stock's open price was 448.5. With this module, you can estimate the performance of a buy and hold strategy of A1PD34 and determine expected loss or profit from investing in A1PD34 over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as various price indices.
Symbol
A1PD34
A1PD34 '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 A1PD34'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 A1PD34.
0.00
01/08/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/28/2024
0.00
If you would invest 0.00 in A1PD34 on January 8, 2023 and sell it all today you would earn a total of 0.00 from holding A1PD34 or generate 0.0% return on investment in A1PD34 over 720 days.
A1PD34 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 A1PD34'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 A1PD34 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 A1PD34's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as A1PD34's standard deviation. In reality, there are many statistical measures that can use A1PD34 historical prices to predict the future A1PD34's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as A1PD34. Your research has to be compared to or analyzed against A1PD34's peers to derive any actionable benefits. When done correctly, A1PD34's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in A1PD34.
A1PD34 Backtested Returns
At this point, A1PD34 is very steady. A1PD34 secures Sharpe Ratio (or Efficiency) of 0.0592, which signifies that the company had a 0.0592% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for A1PD34, which you can use to evaluate the volatility of the entity. Please confirm A1PD34's Semi Deviation of 1.24, mean deviation of 1.04, and Coefficient Of Variation of 1148.62 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. A1PD34 has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning A1PD34 are expected to decrease at a much lower rate. During the bear market, A1PD34 is likely to outperform the market. A1PD34 today shows a risk of 2.65%. Please confirm A1PD34 total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if A1PD34 will be following its price patterns.
Auto-correlation
-0.5
Modest reverse predictability
A1PD34 has modest reverse predictability. Overlapping area represents the amount of predictability between A1PD34 time series from 8th of January 2023 to 3rd of January 2024 and 3rd of January 2024 to 28th 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 A1PD34 price movement. The serial correlation of -0.5 indicates that about 50.0% of current A1PD34 price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.5
Spearman Rank Test
-0.42
Residual Average
0.0
Price Variance
3960.58
A1PD34 lagged returns against current returns
Autocorrelation, which is A1PD34 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 A1PD34's stock expected returns. We can calculate the autocorrelation of A1PD34 returns to help us make a trade decision. For example, suppose you find that A1PD34 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
A1PD34 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 A1PD34 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if A1PD34 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in A1PD34 stock over time.
Current vs Lagged Prices
Timeline
A1PD34 Lagged Returns
When evaluating A1PD34's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of A1PD34 stock have on its future price. A1PD34 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, A1PD34 autocorrelation shows the relationship between A1PD34 stock current value and its past values and can show if there is a momentum factor associated with investing in A1PD34.
Regressed Prices
Timeline
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