Aroa Biosurgery (Australia) Market Value
| ARX Stock | 0.80 0.05 6.67% |
| Symbol | Aroa |
Aroa Biosurgery '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 Aroa Biosurgery'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 Aroa Biosurgery.
| 01/19/2023 |
| 01/08/2025 |
If you would invest 0.00 in Aroa Biosurgery on January 19, 2023 and sell it all today you would earn a total of 0.00 from holding Aroa Biosurgery or generate 0.0% return on investment in Aroa Biosurgery over 720 days. Aroa Biosurgery is related to or competes with Australian Unity, Centaurus Metals, Ambertech, and Ainsworth Game. Aroa Biosurgery is entity of Australia. It is traded as Stock on AU exchange. More
Aroa Biosurgery 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 Aroa Biosurgery'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 Aroa Biosurgery upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.9 | |||
| Information Ratio | 0.1718 | |||
| Maximum Drawdown | 17.25 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 5.26 |
Aroa Biosurgery Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aroa Biosurgery's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aroa Biosurgery's standard deviation. In reality, there are many statistical measures that can use Aroa Biosurgery historical prices to predict the future Aroa Biosurgery's volatility.| Risk Adjusted Performance | 0.1482 | |||
| Jensen Alpha | 0.5356 | |||
| Total Risk Alpha | 0.5382 | |||
| Sortino Ratio | 0.1847 | |||
| Treynor Ratio | (0.70) |
Aroa Biosurgery Backtested Returns
Aroa Biosurgery appears to be extremely dangerous, given 3 months investment horizon. Aroa Biosurgery secures Sharpe Ratio (or Efficiency) of 0.18, which signifies that the company had a 0.18% return per unit of risk over the last 3 months. By analyzing Aroa Biosurgery's technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please makes use of Aroa Biosurgery's Downside Deviation of 2.9, mean deviation of 2.42, and Risk Adjusted Performance of 0.1482 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aroa Biosurgery holds a performance score of 13. The firm shows a Beta (market volatility) of -0.76, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aroa Biosurgery are expected to decrease at a much lower rate. During the bear market, Aroa Biosurgery is likely to outperform the market. Please check Aroa Biosurgery's total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Aroa Biosurgery's price patterns will revert.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Aroa Biosurgery has insignificant reverse predictability. Overlapping area represents the amount of predictability between Aroa Biosurgery time series from 19th of January 2023 to 14th of January 2024 and 14th of January 2024 to 8th 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 Aroa Biosurgery price movement. The serial correlation of -0.11 indicates that less than 11.0% of current Aroa Biosurgery price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Aroa Biosurgery lagged returns against current returns
Autocorrelation, which is Aroa Biosurgery 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 Aroa Biosurgery's stock expected returns. We can calculate the autocorrelation of Aroa Biosurgery returns to help us make a trade decision. For example, suppose you find that Aroa Biosurgery 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 |
Aroa Biosurgery 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 Aroa Biosurgery stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aroa Biosurgery stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aroa Biosurgery stock over time.
Current vs Lagged Prices |
| Timeline |
Aroa Biosurgery Lagged Returns
When evaluating Aroa Biosurgery's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aroa Biosurgery stock have on its future price. Aroa Biosurgery 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, Aroa Biosurgery autocorrelation shows the relationship between Aroa Biosurgery stock current value and its past values and can show if there is a momentum factor associated with investing in Aroa Biosurgery.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Aroa Stock Analysis
When running Aroa Biosurgery's price analysis, check to measure Aroa Biosurgery'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 Aroa Biosurgery is operating at the current time. Most of Aroa Biosurgery's value examination focuses on studying past and present price action to predict the probability of Aroa Biosurgery's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aroa Biosurgery's price. Additionally, you may evaluate how the addition of Aroa Biosurgery to your portfolios can decrease your overall portfolio volatility.