Adiuvo Investment (Poland) Market Value
| ADV Stock | 0.36 0.01 2.70% |
| Symbol | Adiuvo |
Adiuvo Investment '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 Adiuvo Investment'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 Adiuvo Investment.
| 06/04/2024 |
| 12/01/2024 |
If you would invest 0.00 in Adiuvo Investment on June 4, 2024 and sell it all today you would earn a total of 0.00 from holding Adiuvo Investment SA or generate 0.0% return on investment in Adiuvo Investment over 180 days. Adiuvo Investment is related to or competes with Asseco Business, Movie Games, and 3R Games. More
Adiuvo Investment 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 Adiuvo Investment'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 Adiuvo Investment SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.36 | |||
| Information Ratio | 0.014 | |||
| Maximum Drawdown | 50.76 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 15.38 |
Adiuvo Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adiuvo Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adiuvo Investment's standard deviation. In reality, there are many statistical measures that can use Adiuvo Investment historical prices to predict the future Adiuvo Investment's volatility.| Risk Adjusted Performance | 0.032 | |||
| Jensen Alpha | 0.3655 | |||
| Total Risk Alpha | (1.20) | |||
| Sortino Ratio | 0.0165 | |||
| Treynor Ratio | (0.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adiuvo Investment'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.
Adiuvo Investment Backtested Returns
Adiuvo Investment appears to be out of control, given 3 months investment horizon. Adiuvo Investment secures Sharpe Ratio (or Efficiency) of 0.0448, which signifies that the company had a 0.0448% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Adiuvo Investment SA, which you can use to evaluate the volatility of the firm. Please makes use of Adiuvo Investment's Risk Adjusted Performance of 0.032, mean deviation of 5.55, and Downside Deviation of 7.36 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adiuvo Investment holds a performance score of 3. The firm shows a Beta (market volatility) of -0.91, which signifies possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Adiuvo Investment are expected to decrease slowly. On the other hand, during market turmoil, Adiuvo Investment is expected to outperform it slightly. Please check Adiuvo Investment's jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Adiuvo Investment's price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
Adiuvo Investment SA has below average predictability. Overlapping area represents the amount of predictability between Adiuvo Investment time series from 4th of June 2024 to 2nd of September 2024 and 2nd of September 2024 to 1st of December 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 Adiuvo Investment price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Adiuvo Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Adiuvo Investment lagged returns against current returns
Autocorrelation, which is Adiuvo Investment 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 Adiuvo Investment's stock expected returns. We can calculate the autocorrelation of Adiuvo Investment returns to help us make a trade decision. For example, suppose you find that Adiuvo Investment 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 |
Adiuvo Investment 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 Adiuvo Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adiuvo Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adiuvo Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Adiuvo Investment Lagged Returns
When evaluating Adiuvo Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adiuvo Investment stock have on its future price. Adiuvo Investment 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, Adiuvo Investment autocorrelation shows the relationship between Adiuvo Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Adiuvo Investment SA.
Regressed Prices |
| Timeline |
Pair Trading with Adiuvo Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Adiuvo Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Adiuvo Investment will appreciate offsetting losses from the drop in the long position's value.Moving against Adiuvo Stock
| 0.46 | PKN | Polski Koncern Naftowy | PairCorr |
| 0.46 | PCO | Pepco Group BV | PairCorr |
| 0.39 | CDR | CD PROJEKT SA | PairCorr |
| 0.34 | PZU | Powszechny Zaklad | PairCorr |
The ability to find closely correlated positions to Adiuvo Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Adiuvo Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Adiuvo Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Adiuvo Investment SA to buy it.
The correlation of Adiuvo Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Adiuvo Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Adiuvo Investment moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Adiuvo Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Adiuvo Stock Analysis
When running Adiuvo Investment's price analysis, check to measure Adiuvo Investment'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 Adiuvo Investment is operating at the current time. Most of Adiuvo Investment's value examination focuses on studying past and present price action to predict the probability of Adiuvo Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adiuvo Investment's price. Additionally, you may evaluate how the addition of Adiuvo Investment to your portfolios can decrease your overall portfolio volatility.