AFREXIMBANK (Mauritius) Market Value
| AEIB Stock | 2.78 0.02 0.71% |
| Symbol | AFREXIMBANK |
AFREXIMBANK '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 AFREXIMBANK'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 AFREXIMBANK.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in AFREXIMBANK on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding AFREXIMBANK or generate 0.0% return on investment in AFREXIMBANK over 90 days.
AFREXIMBANK 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 AFREXIMBANK'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 AFREXIMBANK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1991 | |||
| Maximum Drawdown | 6.48 | |||
| Value At Risk | (0.37) | |||
| Potential Upside | 0.7463 |
AFREXIMBANK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFREXIMBANK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFREXIMBANK's standard deviation. In reality, there are many statistical measures that can use AFREXIMBANK historical prices to predict the future AFREXIMBANK's volatility.| Risk Adjusted Performance | 0.0538 | |||
| Jensen Alpha | 0.0172 | |||
| Total Risk Alpha | 0.1287 | |||
| Treynor Ratio | (0.20) |
AFREXIMBANK Backtested Returns
At this point, AFREXIMBANK is somewhat reliable. AFREXIMBANK secures Sharpe Ratio (or Efficiency) of 0.0682, which signifies that the company had a 0.0682 % return per unit of risk over the last 3 months. We have found twenty-three technical indicators for AFREXIMBANK, which you can use to evaluate the volatility of the firm. Please confirm AFREXIMBANK's risk adjusted performance of 0.0538, and Mean Deviation of 0.2583 to double-check if the risk estimate we provide is consistent with the expected return of 0.0533%. AFREXIMBANK has a performance score of 5 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, returns on owning AFREXIMBANK are expected to decrease at a much lower rate. During the bear market, AFREXIMBANK is likely to outperform the market. AFREXIMBANK now shows a risk of 0.78%. Please confirm AFREXIMBANK value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if AFREXIMBANK will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
AFREXIMBANK has weak reverse predictability. Overlapping area represents the amount of predictability between AFREXIMBANK time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 AFREXIMBANK price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current AFREXIMBANK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AFREXIMBANK lagged returns against current returns
Autocorrelation, which is AFREXIMBANK 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 AFREXIMBANK's stock expected returns. We can calculate the autocorrelation of AFREXIMBANK returns to help us make a trade decision. For example, suppose you find that AFREXIMBANK 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 |
AFREXIMBANK 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 AFREXIMBANK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFREXIMBANK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFREXIMBANK stock over time.
Current vs Lagged Prices |
| Timeline |
AFREXIMBANK Lagged Returns
When evaluating AFREXIMBANK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFREXIMBANK stock have on its future price. AFREXIMBANK 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, AFREXIMBANK autocorrelation shows the relationship between AFREXIMBANK stock current value and its past values and can show if there is a momentum factor associated with investing in AFREXIMBANK.
Regressed Prices |
| Timeline |
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