Amedeo Air (UK) Market Value
| AA4 Stock | 53.50 0.20 0.38% |
| Symbol | Amedeo |
Amedeo Air '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 Amedeo Air'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 Amedeo Air.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Amedeo Air on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Amedeo Air Four or generate 0.0% return on investment in Amedeo Air over 30 days. Amedeo Air is related to or competes with Zinc Media, Litigation Capital, Liontrust Asset, One Media, United Utilities, National Beverage, and Hollywood Bowl. Amedeo Air is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Amedeo Air 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 Amedeo Air'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 Amedeo Air Four upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6863 | |||
| Information Ratio | 0.0772 | |||
| Maximum Drawdown | 3.02 | |||
| Value At Risk | (0.79) | |||
| Potential Upside | 1.17 |
Amedeo Air Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amedeo Air's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amedeo Air's standard deviation. In reality, there are many statistical measures that can use Amedeo Air historical prices to predict the future Amedeo Air's volatility.| Risk Adjusted Performance | 0.2236 | |||
| Jensen Alpha | 0.1388 | |||
| Total Risk Alpha | 0.0734 | |||
| Sortino Ratio | 0.0644 | |||
| Treynor Ratio | 0.8866 |
Amedeo Air Four Backtested Returns
At this point, Amedeo Air is very steady. Amedeo Air Four secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had a 0.3% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Amedeo Air Four, which you can use to evaluate the volatility of the firm. Please confirm Amedeo Air's risk adjusted performance of 0.2236, and Mean Deviation of 0.3965 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Amedeo Air has a performance score of 23 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Amedeo Air's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amedeo Air is expected to be smaller as well. Amedeo Air Four right now shows a risk of 0.58%. Please confirm Amedeo Air Four mean deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if Amedeo Air Four will be following its price patterns.
Auto-correlation | 0.88 |
Very good predictability
Amedeo Air Four has very good predictability. Overlapping area represents the amount of predictability between Amedeo Air time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Amedeo Air Four price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Amedeo Air price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 1.2 |
Amedeo Air Four lagged returns against current returns
Autocorrelation, which is Amedeo Air 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 Amedeo Air's stock expected returns. We can calculate the autocorrelation of Amedeo Air returns to help us make a trade decision. For example, suppose you find that Amedeo Air 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 |
Amedeo Air 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 Amedeo Air stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amedeo Air stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amedeo Air stock over time.
Current vs Lagged Prices |
| Timeline |
Amedeo Air Lagged Returns
When evaluating Amedeo Air's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amedeo Air stock have on its future price. Amedeo Air 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, Amedeo Air autocorrelation shows the relationship between Amedeo Air stock current value and its past values and can show if there is a momentum factor associated with investing in Amedeo Air Four.
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 Amedeo Stock
Amedeo Air financial ratios help investors to determine whether Amedeo 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 Amedeo with respect to the benefits of owning Amedeo Air security.