Ainsworth Game (Australia) Market Value
| AGI Stock | 0.87 0.02 2.35% |
| Symbol | Ainsworth |
Ainsworth Game '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 Ainsworth Game'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 Ainsworth Game.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Ainsworth Game on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Ainsworth Game Technology or generate 0.0% return on investment in Ainsworth Game over 90 days. Ainsworth Game is related to or competes with Hansen Technologies, Homeco Daily, Data3, and Dug Technology. Ainsworth Game is entity of Australia. It is traded as Stock on AU exchange. More
Ainsworth Game 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 Ainsworth Game'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 Ainsworth Game Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.52 | |||
| Information Ratio | 0.0757 | |||
| Maximum Drawdown | 23.82 | |||
| Value At Risk | (5.33) | |||
| Potential Upside | 6.58 |
Ainsworth Game Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ainsworth Game's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ainsworth Game's standard deviation. In reality, there are many statistical measures that can use Ainsworth Game historical prices to predict the future Ainsworth Game's volatility.| Risk Adjusted Performance | 0.0525 | |||
| Jensen Alpha | 0.1454 | |||
| Total Risk Alpha | 0.7065 | |||
| Sortino Ratio | 0.068 | |||
| Treynor Ratio | (0.41) |
Ainsworth Game Technology Backtested Returns
Ainsworth Game appears to be abnormally volatile, given 3 months investment horizon. Ainsworth Game Technology secures Sharpe Ratio (or Efficiency) of 0.0487, which signifies that the company had a 0.0487 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Ainsworth Game Technology, which you can use to evaluate the volatility of the firm. Please makes use of Ainsworth Game's Downside Deviation of 4.52, mean deviation of 2.86, and Risk Adjusted Performance of 0.0525 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Ainsworth Game holds a performance score of 3. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ainsworth Game are expected to decrease at a much lower rate. During the bear market, Ainsworth Game is likely to outperform the market. Please check Ainsworth Game's jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to make a quick decision on whether Ainsworth Game's price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Ainsworth Game Technology has very good reverse predictability. Overlapping area represents the amount of predictability between Ainsworth Game time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Ainsworth Game Technology price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Ainsworth Game price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ainsworth Game Technology lagged returns against current returns
Autocorrelation, which is Ainsworth Game 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 Ainsworth Game's stock expected returns. We can calculate the autocorrelation of Ainsworth Game returns to help us make a trade decision. For example, suppose you find that Ainsworth Game 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 |
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Ainsworth Game 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 Ainsworth Game stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ainsworth Game stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ainsworth Game stock over time.
Current vs Lagged Prices |
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Ainsworth Game Lagged Returns
When evaluating Ainsworth Game's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ainsworth Game stock have on its future price. Ainsworth Game 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, Ainsworth Game autocorrelation shows the relationship between Ainsworth Game stock current value and its past values and can show if there is a momentum factor associated with investing in Ainsworth Game Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Ainsworth Stock Analysis
When running Ainsworth Game's price analysis, check to measure Ainsworth Game'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 Ainsworth Game is operating at the current time. Most of Ainsworth Game's value examination focuses on studying past and present price action to predict the probability of Ainsworth Game's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ainsworth Game's price. Additionally, you may evaluate how the addition of Ainsworth Game to your portfolios can decrease your overall portfolio volatility.