Aims Property (Australia) Market Value
| APW Etf | 1.69 0.00 0.00% |
| Symbol | Aims |
Please note, there is a significant difference between Aims Property's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aims Property is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aims 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.
Aims 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 Aims Property's etf 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 Aims Property.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Aims Property on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Aims Property Securities or generate 0.0% return on investment in Aims Property over 180 days. Aims Property is related to or competes with IShares MSCI, and VanEck Vectors. Aims Property is entity of Australia. It is traded as Etf on AU exchange. More
Aims 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 Aims Property's etf 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 Aims Property Securities upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 5.44 | |||
| Value At Risk | (1.75) | |||
| Potential Upside | 1.79 |
Aims Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aims Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aims Property's standard deviation. In reality, there are many statistical measures that can use Aims Property historical prices to predict the future Aims Property's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.08) | |||
| Treynor Ratio | (0.42) |
Aims Property Securities Backtested Returns
Aims Property Securities secures Sharpe Ratio (or Efficiency) of -0.0116, which signifies that the etf had a -0.0116% return per unit of risk over the last 3 months. Aims Property Securities exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aims Property's Risk Adjusted Performance of (0.04), standard deviation of 0.9528, and Mean Deviation of 0.4475 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aims Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aims Property is expected to be smaller as well.
Auto-correlation | 0.35 |
Below average predictability
Aims Property Securities has below average predictability. Overlapping area represents the amount of predictability between Aims Property time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Aims Property Securities price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Aims Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aims Property Securities lagged returns against current returns
Autocorrelation, which is Aims Property etf'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 Aims Property's etf expected returns. We can calculate the autocorrelation of Aims Property returns to help us make a trade decision. For example, suppose you find that Aims Property has exhibited high autocorrelation historically, and you observe that the etf 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 |
Aims 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 Aims Property etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aims Property etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aims Property etf over time.
Current vs Lagged Prices |
| Timeline |
Aims Property Lagged Returns
When evaluating Aims Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aims Property etf have on its future price. Aims 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, Aims Property autocorrelation shows the relationship between Aims Property etf current value and its past values and can show if there is a momentum factor associated with investing in Aims Property Securities.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Aims Etf
Aims Property financial ratios help investors to determine whether Aims Etf 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 Aims with respect to the benefits of owning Aims Property security.