Aptamer Group (UK) Market Value
| APTA Stock | 0.35 0.01 2.78% |
| Symbol | Aptamer |
Aptamer Group '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 Aptamer Group'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 Aptamer Group.
| 06/26/2024 |
| 12/23/2024 |
If you would invest 0.00 in Aptamer Group on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Aptamer Group PLC or generate 0.0% return on investment in Aptamer Group over 180 days. Aptamer Group is related to or competes with Toyota, SoftBank Group, OTP Bank, Public Service, Baker Hughes, ONEOK, and Freeport McMoRan. Aptamer Group is entity of United Kingdom More
Aptamer Group 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 Aptamer Group'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 Aptamer Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.1 | |||
| Information Ratio | 0.1446 | |||
| Maximum Drawdown | 27.5 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 9.09 |
Aptamer Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptamer Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aptamer Group's standard deviation. In reality, there are many statistical measures that can use Aptamer Group historical prices to predict the future Aptamer Group's volatility.| Risk Adjusted Performance | 0.1281 | |||
| Jensen Alpha | 0.7584 | |||
| Total Risk Alpha | 0.6062 | |||
| Sortino Ratio | 0.1187 | |||
| Treynor Ratio | (1.38) |
Aptamer Group PLC Backtested Returns
Aptamer Group appears to be out of control, given 3 months investment horizon. Aptamer Group PLC secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By analyzing Aptamer Group's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please makes use of Aptamer Group's Risk Adjusted Performance of 0.1281, downside deviation of 6.1, and Mean Deviation of 3.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aptamer Group holds a performance score of 13. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aptamer Group are expected to decrease at a much lower rate. During the bear market, Aptamer Group is likely to outperform the market. Please check Aptamer Group's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Aptamer Group's price patterns will revert.
Auto-correlation | -0.59 |
Good reverse predictability
Aptamer Group PLC has good reverse predictability. Overlapping area represents the amount of predictability between Aptamer Group time series from 26th of June 2024 to 24th of September 2024 and 24th of September 2024 to 23rd 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 Aptamer Group PLC price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Aptamer Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aptamer Group PLC lagged returns against current returns
Autocorrelation, which is Aptamer Group 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 Aptamer Group's stock expected returns. We can calculate the autocorrelation of Aptamer Group returns to help us make a trade decision. For example, suppose you find that Aptamer Group 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 |
Aptamer Group 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 Aptamer Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aptamer Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aptamer Group stock over time.
Current vs Lagged Prices |
| Timeline |
Aptamer Group Lagged Returns
When evaluating Aptamer Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aptamer Group stock have on its future price. Aptamer Group 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, Aptamer Group autocorrelation shows the relationship between Aptamer Group stock current value and its past values and can show if there is a momentum factor associated with investing in Aptamer Group PLC.
Regressed Prices |
| Timeline |
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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.Additional Tools for Aptamer Stock Analysis
When running Aptamer Group's price analysis, check to measure Aptamer Group'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 Aptamer Group is operating at the current time. Most of Aptamer Group's value examination focuses on studying past and present price action to predict the probability of Aptamer Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aptamer Group's price. Additionally, you may evaluate how the addition of Aptamer Group to your portfolios can decrease your overall portfolio volatility.