Ana Holdings Adr Stock Market Value
| ALNPY Stock | USD 3.76 0.12 3.09% |
| Symbol | ANA |
ANA Holdings '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 ANA Holdings' 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 ANA Holdings.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in ANA Holdings on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding ANA Holdings ADR or generate 0.0% return on investment in ANA Holdings over 30 days. ANA Holdings is related to or competes with Cathay Pacific, Air China, Ajinomoto, and Qantas Airways. ANA Holdings Inc., together with its subsidiaries, provides air transportation services in Japan and internationally More
ANA Holdings 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 ANA Holdings' 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 ANA Holdings ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.17 | |||
| Value At Risk | (4.87) | |||
| Potential Upside | 4.63 |
ANA Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANA Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANA Holdings' standard deviation. In reality, there are many statistical measures that can use ANA Holdings historical prices to predict the future ANA Holdings' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.2276 |
ANA Holdings ADR Backtested Returns
ANA Holdings ADR retains Efficiency (Sharpe Ratio) of -0.0308, which signifies that the company had a -0.0308% return per unit of risk over the last 3 months. ANA Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ANA Holdings' market risk adjusted performance of 0.2376, and Variance of 6.52 to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.41, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ANA Holdings are expected to decrease at a much lower rate. During the bear market, ANA Holdings is likely to outperform the market. At this point, ANA Holdings ADR has a negative expected return of -0.0804%. Please make sure to confirm ANA Holdings' information ratio, as well as the relationship between the kurtosis and period momentum indicator , to decide if ANA Holdings ADR performance from the past will be repeated in the future.
Auto-correlation | -0.27 |
Weak reverse predictability
ANA Holdings ADR has weak reverse predictability. Overlapping area represents the amount of predictability between ANA Holdings time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of ANA Holdings ADR price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current ANA Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ANA Holdings ADR lagged returns against current returns
Autocorrelation, which is ANA Holdings 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 ANA Holdings' pink sheet expected returns. We can calculate the autocorrelation of ANA Holdings returns to help us make a trade decision. For example, suppose you find that ANA Holdings 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 |
ANA Holdings 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 ANA Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANA Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANA Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
ANA Holdings Lagged Returns
When evaluating ANA Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANA Holdings pink sheet have on its future price. ANA Holdings 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, ANA Holdings autocorrelation shows the relationship between ANA Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in ANA Holdings ADR.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for ANA Pink Sheet Analysis
When running ANA Holdings' price analysis, check to measure ANA Holdings' 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 ANA Holdings is operating at the current time. Most of ANA Holdings' value examination focuses on studying past and present price action to predict the probability of ANA Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ANA Holdings' price. Additionally, you may evaluate how the addition of ANA Holdings to your portfolios can decrease your overall portfolio volatility.