Australian Unity (Australia) Market Value
| AOF Stock | 0.87 0.01 1.14% |
| Symbol | Australian |
Australian Unity '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 Australian Unity'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 Australian Unity.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Australian Unity on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Australian Unity Office or generate 0.0% return on investment in Australian Unity over 90 days. Australian Unity is related to or competes with Austco Healthcare, Fisher Paykel, Retail Food, Qbe Insurance, and Global Health. More
Australian Unity 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 Australian Unity'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 Australian Unity Office upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.2972 | |||
| Maximum Drawdown | 2.38 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 1.19 |
Australian Unity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian Unity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian Unity's standard deviation. In reality, there are many statistical measures that can use Australian Unity historical prices to predict the future Australian Unity's volatility.| Risk Adjusted Performance | 0.1102 | |||
| Jensen Alpha | 0.0719 | |||
| Total Risk Alpha | 0.144 | |||
| Sortino Ratio | 0.1402 | |||
| Treynor Ratio | 2.59 |
Australian Unity Office Backtested Returns
Currently, Australian Unity Office is relatively risky. Australian Unity Office secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Australian Unity Office, which you can use to evaluate the volatility of the firm. Please confirm Australian Unity's Risk Adjusted Performance of 0.1102, mean deviation of 0.3599, and Downside Deviation of 1.27 to double-check if the risk estimate we provide is consistent with the expected return of 0.079%. Australian Unity has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0266, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Australian Unity's returns are expected to increase less than the market. However, during the bear market, the loss of holding Australian Unity is expected to be smaller as well. Australian Unity Office right now shows a risk of 0.6%. Please confirm Australian Unity Office sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Australian Unity Office will be following its price patterns.
Auto-correlation | 0.25 |
Poor predictability
Australian Unity Office has poor predictability. Overlapping area represents the amount of predictability between Australian Unity time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Australian Unity Office price movement. The serial correlation of 0.25 indicates that over 25.0% of current Australian Unity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.25 | |
| Spearman Rank Test | 0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Australian Unity Office lagged returns against current returns
Autocorrelation, which is Australian Unity 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 Australian Unity's stock expected returns. We can calculate the autocorrelation of Australian Unity returns to help us make a trade decision. For example, suppose you find that Australian Unity 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 |
Australian Unity 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 Australian Unity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian Unity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian Unity stock over time.
Current vs Lagged Prices |
| Timeline |
Australian Unity Lagged Returns
When evaluating Australian Unity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian Unity stock have on its future price. Australian Unity 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, Australian Unity autocorrelation shows the relationship between Australian Unity stock current value and its past values and can show if there is a momentum factor associated with investing in Australian Unity Office.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Australian Stock Analysis
When running Australian Unity's price analysis, check to measure Australian Unity's 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 Australian Unity is operating at the current time. Most of Australian Unity's value examination focuses on studying past and present price action to predict the probability of Australian Unity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Unity's price. Additionally, you may evaluate how the addition of Australian Unity to your portfolios can decrease your overall portfolio volatility.