Aboitiz Equity (Philippines) Market Value

AEV Stock   33.00  0.30  0.92%   
Aboitiz Equity's market value is the price at which a share of Aboitiz Equity trades on a public exchange. It measures the collective expectations of Aboitiz Equity Ventures investors about its performance. Aboitiz Equity is trading at 33.00 as of the 23rd of December 2024, a 0.92 percent increase since the beginning of the trading day. The stock's lowest day price was 33.0.
With this module, you can estimate the performance of a buy and hold strategy of Aboitiz Equity Ventures and determine expected loss or profit from investing in Aboitiz Equity over a given investment horizon. Check out Aboitiz Equity Correlation, Aboitiz Equity Volatility and Aboitiz Equity Alpha and Beta module to complement your research on Aboitiz Equity.
Symbol

Please note, there is a significant difference between Aboitiz Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aboitiz Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aboitiz Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Aboitiz Equity '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 Aboitiz Equity'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 Aboitiz Equity.
0.00
08/01/2023
No Change 0.00  0.0 
In 1 year 4 months and 25 days
12/23/2024
0.00
If you would invest  0.00  in Aboitiz Equity on August 1, 2023 and sell it all today you would earn a total of 0.00 from holding Aboitiz Equity Ventures or generate 0.0% return on investment in Aboitiz Equity over 510 days. Aboitiz Equity is related to or competes with Easycall Communications, Philippine National, Century Pacific, RFM Corp, DDMP REIT, Metro Retail, and Axelum Resources. More

Aboitiz Equity 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 Aboitiz Equity'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 Aboitiz Equity Ventures upside and downside potential and time the market with a certain degree of confidence.

Aboitiz Equity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aboitiz Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aboitiz Equity's standard deviation. In reality, there are many statistical measures that can use Aboitiz Equity historical prices to predict the future Aboitiz Equity's volatility.
Hype
Prediction
LowEstimatedHigh
31.1633.0034.84
Details
Intrinsic
Valuation
LowRealHigh
32.2834.1235.97
Details

Aboitiz Equity Ventures Backtested Returns

Aboitiz Equity Ventures secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Aboitiz Equity Ventures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aboitiz Equity's Mean Deviation of 1.5, standard deviation of 1.91, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0307, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aboitiz Equity are expected to decrease at a much lower rate. During the bear market, Aboitiz Equity is likely to outperform the market. At this point, Aboitiz Equity Ventures has a negative expected return of -0.19%. Please make sure to confirm Aboitiz Equity's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Aboitiz Equity Ventures performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.11  

Insignificant predictability

Aboitiz Equity Ventures has insignificant predictability. Overlapping area represents the amount of predictability between Aboitiz Equity time series from 1st of August 2023 to 12th of April 2024 and 12th of April 2024 to 23rd 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 Aboitiz Equity Ventures price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Aboitiz Equity price fluctuation can be explain by its past prices.
Correlation Coefficient0.11
Spearman Rank Test-0.03
Residual Average0.0
Price Variance4.35

Aboitiz Equity Ventures lagged returns against current returns

Autocorrelation, which is Aboitiz Equity 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 Aboitiz Equity's stock expected returns. We can calculate the autocorrelation of Aboitiz Equity returns to help us make a trade decision. For example, suppose you find that Aboitiz Equity 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  

Aboitiz Equity 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 Aboitiz Equity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aboitiz Equity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aboitiz Equity stock over time.
   Current vs Lagged Prices   
       Timeline  

Aboitiz Equity Lagged Returns

When evaluating Aboitiz Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aboitiz Equity stock have on its future price. Aboitiz Equity 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, Aboitiz Equity autocorrelation shows the relationship between Aboitiz Equity stock current value and its past values and can show if there is a momentum factor associated with investing in Aboitiz Equity Ventures.
   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 Aboitiz Stock

Aboitiz Equity financial ratios help investors to determine whether Aboitiz 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 Aboitiz with respect to the benefits of owning Aboitiz Equity security.