Aqua America (Germany) Market Value
| A2A Stock | 33.92 0.22 0.64% |
| Symbol | Aqua |
Aqua America '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 Aqua America'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 Aqua America.
| 02/01/2023 |
| 01/21/2025 |
If you would invest 0.00 in Aqua America on February 1, 2023 and sell it all today you would earn a total of 0.00 from holding Aqua America or generate 0.0% return on investment in Aqua America over 720 days. Aqua America is related to or competes with Charter Communications, Beazer Homes, COMPUTERSHARE, TELECOM ITALRISP, ADDUS HOMECARE, Hisense Home, and Singapore Telecommunicatio. More
Aqua America 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 Aqua America'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 Aqua America upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.33 | |||
| Value At Risk | (3.59) | |||
| Potential Upside | 2.41 |
Aqua America Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aqua America's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aqua America's standard deviation. In reality, there are many statistical measures that can use Aqua America historical prices to predict the future Aqua America's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (4.59) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aqua America's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aqua America Backtested Returns
Aqua America secures Sharpe Ratio (or Efficiency) of -0.0887, which signifies that the company had a -0.0887 % return per unit of risk over the last 3 months. Aqua America exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aqua America's Standard Deviation of 1.52, risk adjusted performance of (0.01), and Mean Deviation of 1.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0068, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aqua America's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aqua America is expected to be smaller as well. At this point, Aqua America has a negative expected return of -0.14%. Please make sure to confirm Aqua America's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Aqua America performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.67 |
Very good reverse predictability
Aqua America has very good reverse predictability. Overlapping area represents the amount of predictability between Aqua America time series from 1st of February 2023 to 27th of January 2024 and 27th of January 2024 to 21st 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 Aqua America price movement. The serial correlation of -0.67 indicates that around 67.0% of current Aqua America price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 3.31 |
Aqua America lagged returns against current returns
Autocorrelation, which is Aqua America 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 Aqua America's stock expected returns. We can calculate the autocorrelation of Aqua America returns to help us make a trade decision. For example, suppose you find that Aqua America 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 |
Aqua America 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 Aqua America stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aqua America stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aqua America stock over time.
Current vs Lagged Prices |
| Timeline |
Aqua America Lagged Returns
When evaluating Aqua America's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aqua America stock have on its future price. Aqua America 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, Aqua America autocorrelation shows the relationship between Aqua America stock current value and its past values and can show if there is a momentum factor associated with investing in Aqua America.
Regressed Prices |
| Timeline |
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Additional Tools for Aqua Stock Analysis
When running Aqua America's price analysis, check to measure Aqua America's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aqua America is operating at the current time. Most of Aqua America's value examination focuses on studying past and present price action to predict the probability of Aqua America's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aqua America's price. Additionally, you may evaluate how the addition of Aqua America to your portfolios can decrease your overall portfolio volatility.