An Gia (Vietnam) Market Value
| AGG Stock | 17,400 300.00 1.69% |
| Symbol | AGG |
An Gia '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 An Gia'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 An Gia.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in An Gia on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding An Gia Real or generate 0.0% return on investment in An Gia over 90 days. An Gia is related to or competes with Phuoc Hoa, Viet Thanh, Tay Ninh, Vinhomes JSC, Danang Rubber, Materials Petroleum, and Hai An. More
An Gia 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 An Gia'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 An Gia Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.41 | |||
| Information Ratio | 0.1609 | |||
| Maximum Drawdown | 6.95 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.29 |
An Gia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for An Gia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as An Gia's standard deviation. In reality, there are many statistical measures that can use An Gia historical prices to predict the future An Gia's volatility.| Risk Adjusted Performance | 0.076 | |||
| Jensen Alpha | 0.1175 | |||
| Total Risk Alpha | 0.2574 | |||
| Sortino Ratio | 0.1465 | |||
| Treynor Ratio | 0.5166 |
An Gia Real Backtested Returns
As of now, AGG Stock is very steady. An Gia Real retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13 % return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for An Gia, which you can use to evaluate the volatility of the firm. Please confirm An Gia's Market Risk Adjusted Performance of 0.5266, standard deviation of 1.28, and Coefficient Of Variation of 1196.46 to double-check if the risk estimate we provide is consistent with the expected return of 0.15%. An Gia has a performance score of 10 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, An Gia's returns are expected to increase less than the market. However, during the bear market, the loss of holding An Gia is expected to be smaller as well. An Gia Real at this time owns a risk of 1.13%. Please confirm An Gia Real sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if An Gia Real will be following its current price history.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
An Gia Real has almost perfect reverse predictability. Overlapping area represents the amount of predictability between An Gia time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 An Gia Real price movement. The serial correlation of -0.78 indicates that around 78.0% of current An Gia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 464.3 K |
An Gia Real lagged returns against current returns
Autocorrelation, which is An Gia 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 An Gia's stock expected returns. We can calculate the autocorrelation of An Gia returns to help us make a trade decision. For example, suppose you find that An Gia 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 |
An Gia 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 An Gia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if An Gia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in An Gia stock over time.
Current vs Lagged Prices |
| Timeline |
An Gia Lagged Returns
When evaluating An Gia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of An Gia stock have on its future price. An Gia 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, An Gia autocorrelation shows the relationship between An Gia stock current value and its past values and can show if there is a momentum factor associated with investing in An Gia Real.
Regressed Prices |
| Timeline |
Pair Trading with An Gia
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 An Gia 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 An Gia will appreciate offsetting losses from the drop in the long position's value.Moving together with AGG Stock
The ability to find closely correlated positions to An Gia could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace An Gia 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 An Gia - 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 An Gia Real to buy it.
The correlation of An Gia 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 An Gia moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if An Gia Real 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 An Gia 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.Other Information on Investing in AGG Stock
An Gia financial ratios help investors to determine whether AGG 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 AGG with respect to the benefits of owning An Gia security.