Abrdn Property's market value is the price at which a share of Abrdn Property trades on a public exchange. It measures the collective expectations of abrdn Property Income investors about its performance. Abrdn Property is trading at 6.85 as of the 5th of January 2025, a 0.74% up since the beginning of the trading day. The stock's lowest day price was 6.54. With this module, you can estimate the performance of a buy and hold strategy of abrdn Property Income and determine expected loss or profit from investing in Abrdn Property over a given investment horizon. Check out Abrdn Property Correlation, Abrdn Property Volatility and Abrdn Property Alpha and Beta module to complement your research on Abrdn Property.
Please note, there is a significant difference between Abrdn Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Abrdn Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Abrdn Property's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Abrdn Property '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 Abrdn Property'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 Abrdn Property.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Abrdn Property'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 abrdn Property Income upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abrdn Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abrdn Property's standard deviation. In reality, there are many statistical measures that can use Abrdn Property historical prices to predict the future Abrdn Property's volatility.
Abrdn Property appears to be somewhat reliable, given 3 months investment horizon. abrdn Property Income secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for abrdn Property Income, which you can use to evaluate the volatility of the firm. Please makes use of Abrdn Property's Risk Adjusted Performance of 0.1823, coefficient of variation of 459.34, and Downside Deviation of 0.6242 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Abrdn Property holds a performance score of 17. The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Abrdn Property are expected to decrease at a much lower rate. During the bear market, Abrdn Property is likely to outperform the market. Please check Abrdn Property's sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to make a quick decision on whether Abrdn Property's price patterns will revert.
Auto-correlation
0.82
Very good predictability
abrdn Property Income has very good predictability. Overlapping area represents the amount of predictability between Abrdn Property time series from 6th of November 2024 to 6th of December 2024 and 6th of December 2024 to 5th of January 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 abrdn Property Income price movement. The serial correlation of 0.82 indicates that around 82.0% of current Abrdn Property price fluctuation can be explain by its past prices.
Correlation Coefficient
0.82
Spearman Rank Test
0.78
Residual Average
0.0
Price Variance
0.14
abrdn Property Income lagged returns against current returns
Autocorrelation, which is Abrdn Property 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 Abrdn Property's stock expected returns. We can calculate the autocorrelation of Abrdn Property returns to help us make a trade decision. For example, suppose you find that Abrdn Property 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
Abrdn Property 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 Abrdn Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abrdn Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abrdn Property stock over time.
Current vs Lagged Prices
Timeline
Abrdn Property Lagged Returns
When evaluating Abrdn Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abrdn Property stock have on its future price. Abrdn Property 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, Abrdn Property autocorrelation shows the relationship between Abrdn Property stock current value and its past values and can show if there is a momentum factor associated with investing in abrdn Property Income.
Regressed Prices
Timeline
Also Currently Popular
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.
Abrdn Property financial ratios help investors to determine whether Abrdn 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 Abrdn with respect to the benefits of owning Abrdn Property security.