APG Securities (Vietnam) Market Value
| APG Stock | 9,810 100.00 1.01% |
| Symbol | APG |
APG Securities '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 APG Securities' 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 APG Securities.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in APG Securities on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding APG Securities Joint or generate 0.0% return on investment in APG Securities over 90 days. APG Securities is related to or competes with Long Giang, Hanoi Beer, POT, Tien Giang, Hoang Huy, Mobile World, and Saigon Telecommunicatio. More
APG Securities 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 APG Securities' 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 APG Securities Joint upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.076 | |||
| Maximum Drawdown | 13.25 | |||
| Value At Risk | (5.72) | |||
| Potential Upside | 6.89 |
APG Securities Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for APG Securities' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as APG Securities' standard deviation. In reality, there are many statistical measures that can use APG Securities historical prices to predict the future APG Securities' volatility.| Risk Adjusted Performance | 0.0487 | |||
| Jensen Alpha | 0.2062 | |||
| Total Risk Alpha | 0.587 | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | 0.3206 |
APG Securities Joint Backtested Returns
APG Securities appears to be very steady, given 3 months investment horizon. APG Securities Joint secures Sharpe Ratio (or Efficiency) of 0.0578, which signifies that the company had a 0.0578 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for APG Securities Joint, which you can use to evaluate the volatility of the firm. Please makes use of APG Securities' Downside Deviation of 2.89, risk adjusted performance of 0.0487, and Mean Deviation of 2.46 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, APG Securities holds a performance score of 4. 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, APG Securities' returns are expected to increase less than the market. However, during the bear market, the loss of holding APG Securities is expected to be smaller as well. Please check APG Securities' downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether APG Securities' price patterns will revert.
Auto-correlation | -0.65 |
Very good reverse predictability
APG Securities Joint has very good reverse predictability. Overlapping area represents the amount of predictability between APG Securities time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 APG Securities Joint price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current APG Securities price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 449.7 K |
APG Securities Joint lagged returns against current returns
Autocorrelation, which is APG Securities 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 APG Securities' stock expected returns. We can calculate the autocorrelation of APG Securities returns to help us make a trade decision. For example, suppose you find that APG Securities 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 |
APG Securities 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 APG Securities stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if APG Securities stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in APG Securities stock over time.
Current vs Lagged Prices |
| Timeline |
APG Securities Lagged Returns
When evaluating APG Securities' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of APG Securities stock have on its future price. APG Securities 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, APG Securities autocorrelation shows the relationship between APG Securities stock current value and its past values and can show if there is a momentum factor associated with investing in APG Securities Joint.
Regressed Prices |
| Timeline |
Pair Trading with APG Securities
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if APG Securities position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in APG Securities will appreciate offsetting losses from the drop in the long position's value.Moving together with APG Stock
The ability to find closely correlated positions to APG Securities could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace APG Securities when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back APG Securities - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling APG Securities Joint to buy it.
The correlation of APG Securities is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as APG Securities moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if APG Securities Joint moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for APG Securities can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in APG Stock
APG Securities financial ratios help investors to determine whether APG 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 APG with respect to the benefits of owning APG Securities security.