AAA Technologies (India) Market Value
| AAATECH Stock | 71.94 3.55 5.19% |
| Symbol | AAA |
AAA Technologies '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 AAA Technologies' 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 AAA Technologies.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in AAA Technologies on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding AAA Technologies Limited or generate 0.0% return on investment in AAA Technologies over 90 days. AAA Technologies is related to or competes with Computer Age, HT Media, Max Financial, ICICI Bank, AU Small, Entertainment Network, and Radiant Cash. AAA Technologies is entity of India. It is traded as Stock on NSE exchange. More
AAA Technologies 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 AAA Technologies' 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 AAA Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 17.1 | |||
| Value At Risk | (5.27) | |||
| Potential Upside | 2.74 |
AAA Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AAA Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AAA Technologies' standard deviation. In reality, there are many statistical measures that can use AAA Technologies historical prices to predict the future AAA Technologies' volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | (8.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AAA Technologies' 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.
AAA Technologies Backtested Returns
AAA Technologies retains Efficiency (Sharpe Ratio) of -0.27, which signifies that the company had a -0.27 % return per unit of risk over the last 3 months. AAA Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AAA Technologies' market risk adjusted performance of (8.26), and Variance of 7.44 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0946, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AAA Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding AAA Technologies is expected to be smaller as well. At this point, AAA Technologies has a negative expected return of -0.77%. Please make sure to confirm AAA Technologies' coefficient of variation, value at risk, rate of daily change, as well as the relationship between the total risk alpha and kurtosis , to decide if AAA Technologies performance from the past will be repeated at some future date.
Auto-correlation | 0.77 |
Good predictability
AAA Technologies Limited has good predictability. Overlapping area represents the amount of predictability between AAA Technologies time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 AAA Technologies price movement. The serial correlation of 0.77 indicates that around 77.0% of current AAA Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 100.96 |
AAA Technologies lagged returns against current returns
Autocorrelation, which is AAA Technologies 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 AAA Technologies' stock expected returns. We can calculate the autocorrelation of AAA Technologies returns to help us make a trade decision. For example, suppose you find that AAA Technologies 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 |
AAA Technologies 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 AAA Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AAA Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AAA Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
AAA Technologies Lagged Returns
When evaluating AAA Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AAA Technologies stock have on its future price. AAA Technologies 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, AAA Technologies autocorrelation shows the relationship between AAA Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in AAA Technologies Limited.
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 AAA Stock
AAA Technologies financial ratios help investors to determine whether AAA 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 AAA with respect to the benefits of owning AAA Technologies security.