Athene Holding Preferred Stock Market Value
| ATH-PD Preferred Stock | USD 19.74 0.61 3.19% |
| Symbol | Athene |
Athene Holding '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 Athene Holding's preferred 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 Athene Holding.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Athene Holding on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Athene Holding or generate 0.0% return on investment in Athene Holding over 540 days. Athene Holding is related to or competes with Athene Holding, Hartford Financial, Arch Capital, Athene Holding, Assicurazioni Generali, AXA SA, and Athene Holding. Athene Holding Ltd., a retirement services company, issues, reinsures, and acquires retirement savings products for indi... More
Athene Holding 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 Athene Holding's preferred 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 Athene Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 5.96 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 1.69 |
Athene Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athene Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Athene Holding's standard deviation. In reality, there are many statistical measures that can use Athene Holding historical prices to predict the future Athene Holding's volatility.| Risk Adjusted Performance | 0.0104 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.1) | |||
| Treynor Ratio | 0.0028 |
Athene Holding Backtested Returns
At this point, Athene Holding is very steady. Athene Holding secures Sharpe Ratio (or Efficiency) of 0.0627, which signifies that the company had a 0.0627% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Athene Holding, which you can use to evaluate the volatility of the firm. Please confirm Athene Holding's risk adjusted performance of 0.0104, and Mean Deviation of 0.7189 to double-check if the risk estimate we provide is consistent with the expected return of 0.068%. Athene Holding has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Athene Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Athene Holding is expected to be smaller as well. Athene Holding right now shows a risk of 1.08%. Please confirm Athene Holding coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to decide if Athene Holding will be following its price patterns.
Auto-correlation | 0.75 |
Good predictability
Athene Holding has good predictability. Overlapping area represents the amount of predictability between Athene Holding time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Athene Holding price movement. The serial correlation of 0.75 indicates that around 75.0% of current Athene Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.75 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
Athene Holding lagged returns against current returns
Autocorrelation, which is Athene Holding preferred 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 Athene Holding's preferred stock expected returns. We can calculate the autocorrelation of Athene Holding returns to help us make a trade decision. For example, suppose you find that Athene Holding has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Athene Holding 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 Athene Holding preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Athene Holding preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Athene Holding preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Athene Holding Lagged Returns
When evaluating Athene Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Athene Holding preferred stock have on its future price. Athene Holding 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, Athene Holding autocorrelation shows the relationship between Athene Holding preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Athene Holding.
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.Other Information on Investing in Athene Preferred Stock
Athene Holding financial ratios help investors to determine whether Athene Preferred 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 Athene with respect to the benefits of owning Athene Holding security.