Airasia Group Berhad Stock Market Value
| AIABF Stock | USD 0.15 0.01 7.14% |
| Symbol | AirAsia |
AirAsia Group '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 AirAsia Group's pink sheet 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 AirAsia Group.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in AirAsia Group on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding AirAsia Group Berhad or generate 0.0% return on investment in AirAsia Group over 90 days. AirAsia Group is related to or competes with Air New, ANA Holdings, Air France-KLM, Finnair Oyj, EasyJet Plc, Norse Atlantic, and Air New. Capital A Berhad, an investment holding company, provides air transportation services in Malaysia, Indonesia, the Philip... More
AirAsia Group 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 AirAsia Group's pink sheet 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 AirAsia Group Berhad upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0307 | |||
| Maximum Drawdown | 102.22 | |||
| Value At Risk | (15.00) | |||
| Potential Upside | 5.88 |
AirAsia Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AirAsia Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AirAsia Group's standard deviation. In reality, there are many statistical measures that can use AirAsia Group historical prices to predict the future AirAsia Group's volatility.| Risk Adjusted Performance | 0.0294 | |||
| Jensen Alpha | 0.2499 | |||
| Total Risk Alpha | 1.91 | |||
| Treynor Ratio | (0.82) |
AirAsia Group Berhad Backtested Returns
AirAsia Group appears to be out of control, given 3 months investment horizon. AirAsia Group Berhad secures Sharpe Ratio (or Efficiency) of 0.056, which signifies that the company had a 0.056 % return per unit of risk over the last 3 months. By analyzing AirAsia Group's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please makes use of AirAsia Group's Risk Adjusted Performance of 0.0294, standard deviation of 12.96, and Mean Deviation of 3.79 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AirAsia Group holds a performance score of 4. The firm shows a Beta (market volatility) of -0.35, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AirAsia Group are expected to decrease at a much lower rate. During the bear market, AirAsia Group is likely to outperform the market. Please check AirAsia Group's kurtosis, day typical price, and the relationship between the potential upside and rate of daily change , to make a quick decision on whether AirAsia Group's price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
AirAsia Group Berhad has poor reverse predictability. Overlapping area represents the amount of predictability between AirAsia Group 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 AirAsia Group Berhad price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current AirAsia Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AirAsia Group Berhad lagged returns against current returns
Autocorrelation, which is AirAsia Group pink sheet'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 AirAsia Group's pink sheet expected returns. We can calculate the autocorrelation of AirAsia Group returns to help us make a trade decision. For example, suppose you find that AirAsia Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
AirAsia Group 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 AirAsia Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AirAsia Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AirAsia Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AirAsia Group Lagged Returns
When evaluating AirAsia Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AirAsia Group pink sheet have on its future price. AirAsia Group 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, AirAsia Group autocorrelation shows the relationship between AirAsia Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AirAsia Group Berhad.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AirAsia Pink Sheet
AirAsia Group financial ratios help investors to determine whether AirAsia Pink Sheet 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 AirAsia with respect to the benefits of owning AirAsia Group security.