Australian Agricultural (Germany) Market Value
| AY5 Stock | EUR 0.82 0.01 1.20% |
| Symbol | Australian |
Australian Agricultural '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 Australian Agricultural'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 Australian Agricultural.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Australian Agricultural on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Australian Agricultural or generate 0.0% return on investment in Australian Agricultural over 30 days. Australian Agricultural is related to or competes with SalMar ASA, Superior Plus, NMI Holdings, Origin Agritech, SIVERS SEMICONDUCTORS, NorAm Drilling, and Identiv. Australian Agricultural Company Limited produces and sells cattle and beef in Australia More
Australian Agricultural 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 Australian Agricultural'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 Australian Agricultural upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.85 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.86 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 2.5 |
Australian Agricultural Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian Agricultural's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian Agricultural's standard deviation. In reality, there are many statistical measures that can use Australian Agricultural historical prices to predict the future Australian Agricultural's volatility.| Risk Adjusted Performance | 0.0287 | |||
| Jensen Alpha | 0.0339 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.6241 |
Australian Agricultural Backtested Returns
Australian Agricultural secures Sharpe Ratio (or Efficiency) of -0.0142, which signifies that the company had a -0.0142% return per unit of risk over the last 3 months. Australian Agricultural exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Australian Agricultural's Risk Adjusted Performance of 0.0287, downside deviation of 1.85, and Mean Deviation of 1.14 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0667, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Australian Agricultural's returns are expected to increase less than the market. However, during the bear market, the loss of holding Australian Agricultural is expected to be smaller as well. At this point, Australian Agricultural has a negative expected return of -0.0239%. Please make sure to confirm Australian Agricultural's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Australian Agricultural performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.30 |
Below average predictability
Australian Agricultural has below average predictability. Overlapping area represents the amount of predictability between Australian Agricultural time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Australian Agricultural price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Australian Agricultural price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Australian Agricultural lagged returns against current returns
Autocorrelation, which is Australian Agricultural 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 Australian Agricultural's stock expected returns. We can calculate the autocorrelation of Australian Agricultural returns to help us make a trade decision. For example, suppose you find that Australian Agricultural 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 |
Australian Agricultural 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 Australian Agricultural stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian Agricultural stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian Agricultural stock over time.
Current vs Lagged Prices |
| Timeline |
Australian Agricultural Lagged Returns
When evaluating Australian Agricultural's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian Agricultural stock have on its future price. Australian Agricultural 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, Australian Agricultural autocorrelation shows the relationship between Australian Agricultural stock current value and its past values and can show if there is a momentum factor associated with investing in Australian Agricultural.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Australian Stock
Australian Agricultural financial ratios help investors to determine whether Australian 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 Australian with respect to the benefits of owning Australian Agricultural security.