AFRIQUIA GAZ's market value is the price at which a share of AFRIQUIA GAZ trades on a public exchange. It measures the collective expectations of AFRIQUIA GAZ investors about its performance. AFRIQUIA GAZ is trading at 3780.00 as of the 18th of January 2025. This is a 0.53% down since the beginning of the trading day. The stock's open price was 3800.0. With this module, you can estimate the performance of a buy and hold strategy of AFRIQUIA GAZ and determine expected loss or profit from investing in AFRIQUIA GAZ over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in producer price index.
Symbol
AFRIQUIA
AFRIQUIA GAZ '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 AFRIQUIA GAZ'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 AFRIQUIA GAZ.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in AFRIQUIA GAZ on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding AFRIQUIA GAZ or generate 0.0% return on investment in AFRIQUIA GAZ over 30 days.
AFRIQUIA GAZ 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 AFRIQUIA GAZ'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 AFRIQUIA GAZ upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFRIQUIA GAZ's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFRIQUIA GAZ's standard deviation. In reality, there are many statistical measures that can use AFRIQUIA GAZ historical prices to predict the future AFRIQUIA GAZ's volatility.
AFRIQUIA GAZ secures Sharpe Ratio (or Efficiency) of -0.0138, which signifies that the company had a -0.0138% return per unit of risk over the last 3 months. AFRIQUIA GAZ exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AFRIQUIA GAZ's mean deviation of 0.4904, and Risk Adjusted Performance of (0.01) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0044, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AFRIQUIA GAZ are expected to decrease at a much lower rate. During the bear market, AFRIQUIA GAZ is likely to outperform the market. At this point, AFRIQUIA GAZ has a negative expected return of -0.0104%. Please make sure to confirm AFRIQUIA GAZ's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if AFRIQUIA GAZ performance from the past will be repeated in the future.
Auto-correlation
0.44
Average predictability
AFRIQUIA GAZ has average predictability. Overlapping area represents the amount of predictability between AFRIQUIA GAZ time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 AFRIQUIA GAZ price movement. The serial correlation of 0.44 indicates that just about 44.0% of current AFRIQUIA GAZ price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
-0.25
Residual Average
0.0
Price Variance
806.88
AFRIQUIA GAZ lagged returns against current returns
Autocorrelation, which is AFRIQUIA GAZ 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 AFRIQUIA GAZ's stock expected returns. We can calculate the autocorrelation of AFRIQUIA GAZ returns to help us make a trade decision. For example, suppose you find that AFRIQUIA GAZ 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
AFRIQUIA GAZ 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 AFRIQUIA GAZ stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFRIQUIA GAZ stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFRIQUIA GAZ stock over time.
Current vs Lagged Prices
Timeline
AFRIQUIA GAZ Lagged Returns
When evaluating AFRIQUIA GAZ's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFRIQUIA GAZ stock have on its future price. AFRIQUIA GAZ 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, AFRIQUIA GAZ autocorrelation shows the relationship between AFRIQUIA GAZ stock current value and its past values and can show if there is a momentum factor associated with investing in AFRIQUIA GAZ.
Regressed Prices
Timeline
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