Altus Property (Philippines) Market Value
| APVI Stock | 8.36 0.00 0.00% |
| Symbol | Altus |
Altus 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 Altus 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 Altus Property.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Altus Property on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Altus Property Ventures or generate 0.0% return on investment in Altus Property over 30 days. Altus Property is related to or competes with Filinvest Development, DoubleDragon Properties, DoubleDragon Properties, 8990 Holdings, Vista Land, AyalaLand Logistics, and Filinvest Land. More
Altus Property 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 Altus 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 Altus Property Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.01 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.14 | |||
| Value At Risk | (5.19) | |||
| Potential Upside | 5.72 |
Altus Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altus Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altus Property's standard deviation. In reality, there are many statistical measures that can use Altus Property historical prices to predict the future Altus Property's volatility.| Risk Adjusted Performance | 0.0237 | |||
| Jensen Alpha | 0.0811 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.23) |
Altus Property Ventures Backtested Returns
Altus Property Ventures secures Sharpe Ratio (or Efficiency) of -0.0124, which signifies that the company had a -0.0124% return per unit of risk over the last 3 months. Altus Property Ventures exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altus Property's Risk Adjusted Performance of 0.0237, mean deviation of 2.07, and Downside Deviation of 3.01 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Altus Property are expected to decrease at a much lower rate. During the bear market, Altus Property is likely to outperform the market. At this point, Altus Property Ventures has a negative expected return of -0.0365%. Please make sure to confirm Altus Property's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Altus Property Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Altus Property Ventures has average predictability. Overlapping area represents the amount of predictability between Altus Property time series from 15th of November 2024 to 30th of November 2024 and 30th of November 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 Altus Property Ventures price movement. The serial correlation of 0.47 indicates that about 47.0% of current Altus Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Altus Property Ventures lagged returns against current returns
Autocorrelation, which is Altus 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 Altus Property's stock expected returns. We can calculate the autocorrelation of Altus Property returns to help us make a trade decision. For example, suppose you find that Altus 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 |
Altus 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 Altus Property stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altus Property stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altus Property stock over time.
Current vs Lagged Prices |
| Timeline |
Altus Property Lagged Returns
When evaluating Altus Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altus Property stock have on its future price. Altus 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, Altus Property autocorrelation shows the relationship between Altus Property stock current value and its past values and can show if there is a momentum factor associated with investing in Altus Property Ventures.
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 Altus Stock Analysis
When running Altus Property's price analysis, check to measure Altus Property'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 Altus Property is operating at the current time. Most of Altus Property's value examination focuses on studying past and present price action to predict the probability of Altus Property's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altus Property's price. Additionally, you may evaluate how the addition of Altus Property to your portfolios can decrease your overall portfolio volatility.