Airasia Group Berhad Stock Market Value
| AIABF Stock | USD 0.18 0.00 0.00% |
| 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.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in AirAsia Group on February 28, 2023 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 720 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 | 0.0144 | |||
| Maximum Drawdown | 48.33 | |||
| 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 | 0.0204 | |||
| Jensen Alpha | 0.0886 | |||
| Total Risk Alpha | 0.08 | |||
| Treynor Ratio | 0.1067 |
AirAsia Group Berhad Backtested Returns
At this point, AirAsia Group is out of control. AirAsia Group Berhad secures Sharpe Ratio (or Efficiency) of 0.0287, which signifies that the company had a 0.0287 % return per unit of risk over the last 3 months. We have found eighteen technical indicators for AirAsia Group Berhad, which you can use to evaluate the volatility of the firm. Please confirm AirAsia Group's Mean Deviation of 1.83, standard deviation of 6.12, and Risk Adjusted Performance of 0.0204 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. AirAsia Group has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.84, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AirAsia Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding AirAsia Group is expected to be smaller as well. AirAsia Group Berhad right now shows a risk of 5.99%. Please confirm AirAsia Group Berhad maximum drawdown and the relationship between the skewness and day typical price , to decide if AirAsia Group Berhad will be following its price patterns.
Auto-correlation | 0.22 |
Weak predictability
AirAsia Group Berhad has weak predictability. Overlapping area represents the amount of predictability between AirAsia Group time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 0.22 indicates that over 22.0% of current AirAsia Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | -0.15 | |
| 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.