AU Small (India) Market Value
| AUBANK Stock | 591.05 0.95 0.16% |
| Symbol | AUBANK |
AU Small '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 AU Small'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 AU Small.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in AU Small on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding AU Small Finance or generate 0.0% return on investment in AU Small over 720 days. AU Small is related to or competes with Reliance Industries, State Bank, Oil Natural, and ICICI Bank. AU Small is entity of India. It is traded as Stock on NSE exchange. More
AU Small 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 AU Small'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 AU Small Finance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 10.27 | |||
| Value At Risk | (3.19) | |||
| Potential Upside | 2.28 |
AU Small Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AU Small's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AU Small's standard deviation. In reality, there are many statistical measures that can use AU Small historical prices to predict the future AU Small's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.24) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | 1.48 |
AU Small Finance Backtested Returns
AU Small Finance retains Efficiency (Sharpe Ratio) of -0.18, which signifies that the company had a -0.18% return per unit of price deviation over the last 3 months. AU Small exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AU Small's Variance of 2.89, market risk adjusted performance of 1.49, and Information Ratio of (0.22) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.18, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning AU Small are expected to decrease at a much lower rate. During the bear market, AU Small is likely to outperform the market. At this point, AU Small Finance has a negative expected return of -0.31%. Please make sure to confirm AU Small's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if AU Small Finance performance from the past will be repeated sooner or later.
Auto-correlation | 0.13 |
Insignificant predictability
AU Small Finance has insignificant predictability. Overlapping area represents the amount of predictability between AU Small time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 AU Small Finance price movement. The serial correlation of 0.13 indicates that less than 13.0% of current AU Small price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 3550.24 |
AU Small Finance lagged returns against current returns
Autocorrelation, which is AU Small 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 AU Small's stock expected returns. We can calculate the autocorrelation of AU Small returns to help us make a trade decision. For example, suppose you find that AU Small 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 |
AU Small 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 AU Small stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AU Small stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AU Small stock over time.
Current vs Lagged Prices |
| Timeline |
AU Small Lagged Returns
When evaluating AU Small's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AU Small stock have on its future price. AU Small 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, AU Small autocorrelation shows the relationship between AU Small stock current value and its past values and can show if there is a momentum factor associated with investing in AU Small Finance.
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 AUBANK Stock
AU Small financial ratios help investors to determine whether AUBANK 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 AUBANK with respect to the benefits of owning AU Small security.