Aimia Inc Stock Market Value
| AIM Stock | CAD 2.40 0.02 0.84% |
| Symbol | Aimia |
Aimia Inc Price To Book Ratio
Aimia '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 Aimia'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 Aimia.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Aimia on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Aimia Inc or generate 0.0% return on investment in Aimia over 90 days. Aimia is related to or competes with Autocanada, Element Fleet, and Dorel Industries. Aimia Inc., an investment holding company, focuses on long-term investments in public and private companies More
Aimia 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 Aimia'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 Aimia Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 8.24 | |||
| Value At Risk | (3.20) | |||
| Potential Upside | 2.27 |
Aimia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aimia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aimia's standard deviation. In reality, there are many statistical measures that can use Aimia historical prices to predict the future Aimia's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | (0.45) |
Aimia Inc Backtested Returns
Aimia Inc secures Sharpe Ratio (or Efficiency) of -0.0984, which signifies that the company had a -0.0984 % return per unit of risk over the last 3 months. Aimia Inc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aimia's Standard Deviation of 1.7, risk adjusted performance of (0.1), and Mean Deviation of 1.29 to double-check the risk estimate we provide. 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, Aimia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aimia is expected to be smaller as well. At this point, Aimia Inc has a negative expected return of -0.17%. Please make sure to confirm Aimia's total risk alpha, accumulation distribution, period momentum indicator, as well as the relationship between the potential upside and day median price , to decide if Aimia Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.45 |
Average predictability
Aimia Inc has average predictability. Overlapping area represents the amount of predictability between Aimia 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 Aimia Inc price movement. The serial correlation of 0.45 indicates that just about 45.0% of current Aimia price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.45 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aimia Inc lagged returns against current returns
Autocorrelation, which is Aimia 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 Aimia's stock expected returns. We can calculate the autocorrelation of Aimia returns to help us make a trade decision. For example, suppose you find that Aimia 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 |
Aimia 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 Aimia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aimia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aimia stock over time.
Current vs Lagged Prices |
| Timeline |
Aimia Lagged Returns
When evaluating Aimia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aimia stock have on its future price. Aimia 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, Aimia autocorrelation shows the relationship between Aimia stock current value and its past values and can show if there is a momentum factor associated with investing in Aimia Inc.
Regressed Prices |
| Timeline |
Other Information on Investing in Aimia Stock
Aimia financial ratios help investors to determine whether Aimia 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 Aimia with respect to the benefits of owning Aimia security.