Autodesk (Brazil) Market Value

A1UT34 Stock  BRL 435.93  17.71  3.90%   
Autodesk's market value is the price at which a share of Autodesk trades on a public exchange. It measures the collective expectations of Autodesk investors about its performance. Autodesk is trading at 435.93 as of the 13th of January 2025, a 3.9% down since the beginning of the trading day. The stock's open price was 453.64.
With this module, you can estimate the performance of a buy and hold strategy of Autodesk and determine expected loss or profit from investing in Autodesk over a given investment horizon. Check out Autodesk Correlation, Autodesk Volatility and Autodesk Alpha and Beta module to complement your research on Autodesk.
For information on how to trade Autodesk Stock refer to our How to Trade Autodesk Stock guide.
Symbol

Please note, there is a significant difference between Autodesk's value and its price as these two are different measures arrived at by different means. Investors typically determine if Autodesk is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Autodesk'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.

Autodesk '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 Autodesk'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 Autodesk.
0.00
10/15/2024
No Change 0.00  0.0 
In 3 months and 1 day
01/13/2025
0.00
If you would invest  0.00  in Autodesk on October 15, 2024 and sell it all today you would earn a total of 0.00 from holding Autodesk or generate 0.0% return on investment in Autodesk over 90 days. Autodesk is related to or competes with Micron Technology, Spotify Technology, METISA Metalrgica, Trade Desk, Technos SA, and Palantir Technologies. Autodesk, Inc. provides 3D design, engineering, and entertainment software and services worldwide More

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

Autodesk Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Autodesk's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Autodesk's standard deviation. In reality, there are many statistical measures that can use Autodesk historical prices to predict the future Autodesk's volatility.
Hype
Prediction
LowEstimatedHigh
434.11435.93437.75
Details
Intrinsic
Valuation
LowRealHigh
392.34512.28514.10
Details
Naive
Forecast
LowNextHigh
433.32435.14436.96
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
435.71451.30466.89
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Autodesk. Your research has to be compared to or analyzed against Autodesk's peers to derive any actionable benefits. When done correctly, Autodesk'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 Autodesk.

Autodesk Backtested Returns

At this point, Autodesk is very steady. Autodesk secures Sharpe Ratio (or Efficiency) of 0.0819, which signifies that the company had a 0.0819% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Autodesk, which you can use to evaluate the volatility of the firm. Please confirm Autodesk's Risk Adjusted Performance of 0.0727, downside deviation of 2.3, and Mean Deviation of 1.31 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. Autodesk has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0147, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Autodesk are expected to decrease at a much lower rate. During the bear market, Autodesk is likely to outperform the market. Autodesk right now shows a risk of 1.82%. Please confirm Autodesk total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Autodesk will be following its price patterns.

Auto-correlation

    
  -0.5  

Modest reverse predictability

Autodesk has modest reverse predictability. Overlapping area represents the amount of predictability between Autodesk time series from 15th of October 2024 to 29th of November 2024 and 29th of November 2024 to 13th 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 Autodesk price movement. The serial correlation of -0.5 indicates that about 50.0% of current Autodesk price fluctuation can be explain by its past prices.
Correlation Coefficient-0.5
Spearman Rank Test-0.52
Residual Average0.0
Price Variance76.3
Autodesk ReturnsAutodesk Lagged ReturnsDiversified AwayAutodesk ReturnsAutodesk Lagged ReturnsDiversified Away100%

Autodesk lagged returns against current returns

Autocorrelation, which is Autodesk 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 Autodesk's stock expected returns. We can calculate the autocorrelation of Autodesk returns to help us make a trade decision. For example, suppose you find that Autodesk 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   
JavaScript chart by amCharts 3.21.15DecDec 09Dec 16Dec 23Dec 30JanJan 130%2%4%6%8%10%12%14%16%
JavaScript chart by amCharts 3.21.15Volume Lagged Volume Prices Lagged Prices
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Autodesk 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 Autodesk stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Autodesk stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Autodesk stock over time.
   Current vs Lagged Prices   
JavaScript chart by amCharts 3.21.15DecDec 09Dec 16Dec 23Dec 30JanJan 13410420430440450460
JavaScript chart by amCharts 3.21.15Regression Prices Lagged Regression Prices
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Autodesk Lagged Returns

When evaluating Autodesk's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Autodesk stock have on its future price. Autodesk 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, Autodesk autocorrelation shows the relationship between Autodesk stock current value and its past values and can show if there is a momentum factor associated with investing in Autodesk.
   Regressed Prices   
JavaScript chart by amCharts 3.21.15OctNovDec410420430440450460470
JavaScript chart by amCharts 3.21.15Lagged Returns Returns
       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.

Additional Information and Resources on Investing in Autodesk Stock

When determining whether Autodesk is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Autodesk Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Autodesk Stock. Highlighted below are key reports to facilitate an investment decision about Autodesk Stock:
Check out Autodesk Correlation, Autodesk Volatility and Autodesk Alpha and Beta module to complement your research on Autodesk.
For information on how to trade Autodesk Stock refer to our How to Trade Autodesk Stock guide.
You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.
Autodesk 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 Autodesk technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Autodesk 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...
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