Australian Potash (Australia) Market Value
| APC Stock | 0.02 0 17.39% |
| Symbol | Australian |
Australian Potash '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 Potash'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 Potash.
| 09/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Australian Potash on September 16, 2024 and sell it all today you would earn a total of 0.00 from holding Australian Potash or generate 0.0% return on investment in Australian Potash over 90 days. Australian Potash is related to or competes with Aurelia Metals, Auctus Alternative, Premier Investments, Argo Investments, Retail Food, Perseus Mining, and MFF Capital. Australian Potash is entity of Australia More
Australian Potash 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 Potash'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 Potash upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 145.48 | |||
| Value At Risk | (4.17) |
Australian Potash Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian Potash's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian Potash's standard deviation. In reality, there are many statistical measures that can use Australian Potash historical prices to predict the future Australian Potash's volatility.| Risk Adjusted Performance | 0.0093 | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (1.90) | |||
| Treynor Ratio | (0.01) |
Australian Potash Backtested Returns
Australian Potash secures Sharpe Ratio (or Efficiency) of -2.0E-4, which signifies that the company had a -2.0E-4% return per unit of risk over the last 3 months. Australian Potash exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Australian Potash's Standard Deviation of 15.14, risk adjusted performance of 0.0093, and Mean Deviation of 3.76 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 2.73, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Australian Potash will likely underperform. At this point, Australian Potash has a negative expected return of -0.0038%. Please make sure to confirm Australian Potash's total risk alpha, maximum drawdown, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Australian Potash performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Australian Potash has no correlation between past and present. Overlapping area represents the amount of predictability between Australian Potash time series from 16th of September 2024 to 31st of October 2024 and 31st of October 2024 to 15th of December 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 Australian Potash price movement. The serial correlation of 0.0 indicates that just 0.0% of current Australian Potash price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Australian Potash lagged returns against current returns
Autocorrelation, which is Australian Potash 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 Potash's stock expected returns. We can calculate the autocorrelation of Australian Potash returns to help us make a trade decision. For example, suppose you find that Australian Potash 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 Potash 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 Potash stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian Potash stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian Potash stock over time.
Current vs Lagged Prices |
| Timeline |
Australian Potash Lagged Returns
When evaluating Australian Potash's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian Potash stock have on its future price. Australian Potash 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 Potash autocorrelation shows the relationship between Australian Potash stock current value and its past values and can show if there is a momentum factor associated with investing in Australian Potash.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Australian Stock Analysis
When running Australian Potash's price analysis, check to measure Australian Potash'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 Potash is operating at the current time. Most of Australian Potash's value examination focuses on studying past and present price action to predict the probability of Australian Potash'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 Potash's price. Additionally, you may evaluate how the addition of Australian Potash to your portfolios can decrease your overall portfolio volatility.