Ascendas India Trust Stock Market Value
| ACNDF Stock | USD 0.79 0.02 2.60% |
| Symbol | Ascendas |
Ascendas India '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 Ascendas India's pink sheet 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 Ascendas India.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Ascendas India on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Ascendas India Trust or generate 0.0% return on investment in Ascendas India over 540 days. Ascendas India is related to or competes with IRSA Inversiones, Anywhere Real, Newmark, New York, CBRE Group, Frp Holdings, and Marcus Millichap. Ascendas India Trust was listed on the Singapore Exchange Securities Trading Limited in August 2007 as the first Indian ... More
Ascendas India 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 Ascendas India's pink sheet 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 Ascendas India Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 11.01 | |||
| Value At Risk | (3.85) | |||
| Potential Upside | 3.9 |
Ascendas India Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascendas India's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascendas India's standard deviation. In reality, there are many statistical measures that can use Ascendas India historical prices to predict the future Ascendas India's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.40) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Ascendas India'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.
Ascendas India Trust Backtested Returns
Ascendas India Trust secures Sharpe Ratio (or Efficiency) of -0.0285, which signifies that the company had a -0.0285% return per unit of standard deviation over the last 3 months. Ascendas India Trust exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ascendas India's risk adjusted performance of (0.03), and Mean Deviation of 0.9639 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.46, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Ascendas India's returns are expected to increase less than the market. However, during the bear market, the loss of holding Ascendas India is expected to be smaller as well. At this point, Ascendas India Trust has a negative expected return of -0.0571%. Please make sure to confirm Ascendas India's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to decide if Ascendas India Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Ascendas India Trust has weak reverse predictability. Overlapping area represents the amount of predictability between Ascendas India time series from 8th of June 2023 to 4th of March 2024 and 4th of March 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 Ascendas India Trust price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Ascendas India price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ascendas India Trust lagged returns against current returns
Autocorrelation, which is Ascendas India pink sheet'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 Ascendas India's pink sheet expected returns. We can calculate the autocorrelation of Ascendas India returns to help us make a trade decision. For example, suppose you find that Ascendas India has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ascendas India 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 Ascendas India pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascendas India pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascendas India pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ascendas India Lagged Returns
When evaluating Ascendas India's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascendas India pink sheet have on its future price. Ascendas India 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, Ascendas India autocorrelation shows the relationship between Ascendas India pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ascendas India Trust.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ascendas Pink Sheet
Ascendas India financial ratios help investors to determine whether Ascendas Pink Sheet 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 Ascendas with respect to the benefits of owning Ascendas India security.