Aston Martin Lagonda Stock Market Value
| AMGDF Stock | USD 1.43 0.09 6.72% |
| Symbol | Aston |
Aston Martin '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 Aston Martin'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 Aston Martin.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Aston Martin on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Aston Martin Lagonda or generate 0.0% return on investment in Aston Martin over 180 days. Aston Martin is related to or competes with Polestar Automotive, Geely Automobile, Mercedes Benz, Porsche Automobile, Geely Automobile, Aston Martin, and Great Wall. Aston Martin Lagonda Global Holdings plc designs, develops, manufactures, markets, and sells luxury sports cars under th... More
Aston Martin 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 Aston Martin'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 Aston Martin Lagonda upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 34.24 | |||
| Value At Risk | (12.05) | |||
| Potential Upside | 10.9 |
Aston Martin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aston Martin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aston Martin's standard deviation. In reality, there are many statistical measures that can use Aston Martin historical prices to predict the future Aston Martin's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (1.33) | |||
| Treynor Ratio | (0.23) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aston Martin's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aston Martin Lagonda Backtested Returns
Aston Martin Lagonda secures Sharpe Ratio (or Efficiency) of -0.0351, which signifies that the company had a -0.0351% return per unit of risk over the last 3 months. Aston Martin Lagonda exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aston Martin's Risk Adjusted Performance of (0.01), mean deviation of 4.7, and Standard Deviation of 6.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.91, which signifies possible diversification benefits within a given portfolio. Aston Martin returns are very sensitive to returns on the market. As the market goes up or down, Aston Martin is expected to follow. At this point, Aston Martin Lagonda has a negative expected return of -0.24%. Please make sure to confirm Aston Martin's daily balance of power, and the relationship between the potential upside and day typical price , to decide if Aston Martin Lagonda performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Aston Martin Lagonda has insignificant reverse predictability. Overlapping area represents the amount of predictability between Aston Martin time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Aston Martin Lagonda price movement. The serial correlation of -0.17 indicates that over 17.0% of current Aston Martin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
Aston Martin Lagonda lagged returns against current returns
Autocorrelation, which is Aston Martin 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 Aston Martin's pink sheet expected returns. We can calculate the autocorrelation of Aston Martin returns to help us make a trade decision. For example, suppose you find that Aston Martin 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 |
Aston Martin 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 Aston Martin pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aston Martin pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aston Martin pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aston Martin Lagged Returns
When evaluating Aston Martin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aston Martin pink sheet have on its future price. Aston Martin 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, Aston Martin autocorrelation shows the relationship between Aston Martin pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aston Martin Lagonda.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aston Pink Sheet
Aston Martin financial ratios help investors to determine whether Aston 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 Aston with respect to the benefits of owning Aston Martin security.