Arabian Food's market value is the price at which a share of Arabian Food trades on a public exchange. It measures the collective expectations of Arabian Food Industries investors about its performance. Arabian Food is trading at 27.01 as of the 15th of December 2024. This is a 0.22% down since the beginning of the trading day. The stock's lowest day price was 27.0. With this module, you can estimate the performance of a buy and hold strategy of Arabian Food Industries and determine expected loss or profit from investing in Arabian Food over a given investment horizon. Check out Investing Opportunities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Arabian
Arabian Food '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 Arabian Food'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 Arabian Food.
0.00
01/25/2023
No Change 0.00
0.0
In 1 year 10 months and 22 days
12/15/2024
0.00
If you would invest 0.00 in Arabian Food on January 25, 2023 and sell it all today you would earn a total of 0.00 from holding Arabian Food Industries or generate 0.0% return on investment in Arabian Food over 690 days.
Arabian Food 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 Arabian Food'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 Arabian Food Industries upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arabian Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arabian Food's standard deviation. In reality, there are many statistical measures that can use Arabian Food historical prices to predict the future Arabian Food's volatility.
Arabian Food is somewhat reliable given 3 months investment horizon. Arabian Food Industries secures Sharpe Ratio (or Efficiency) of 0.26, which signifies that the company had a 0.26% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for thirty different technical indicators, which can help you to evaluate if expected returns of 1.22% are justified by taking the suggested risk. Use Arabian Food risk adjusted performance of 0.2443, and Mean Deviation of 2.74 to evaluate company specific risk that cannot be diversified away. Arabian Food holds a performance score of 20 on a scale of zero to a hundred. 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, returns on owning Arabian Food are expected to decrease at a much lower rate. During the bear market, Arabian Food is likely to outperform the market. Use Arabian Food market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to analyze future returns on Arabian Food.
Auto-correlation
0.72
Good predictability
Arabian Food Industries has good predictability. Overlapping area represents the amount of predictability between Arabian Food time series from 25th of January 2023 to 5th of January 2024 and 5th of January 2024 to 15th 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 Arabian Food Industries price movement. The serial correlation of 0.72 indicates that around 72.0% of current Arabian Food price fluctuation can be explain by its past prices.
Correlation Coefficient
0.72
Spearman Rank Test
0.44
Residual Average
0.0
Price Variance
37.47
Arabian Food Industries lagged returns against current returns
Autocorrelation, which is Arabian Food 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 Arabian Food's stock expected returns. We can calculate the autocorrelation of Arabian Food returns to help us make a trade decision. For example, suppose you find that Arabian Food 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
Arabian Food 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 Arabian Food stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arabian Food stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arabian Food stock over time.
Current vs Lagged Prices
Timeline
Arabian Food Lagged Returns
When evaluating Arabian Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arabian Food stock have on its future price. Arabian Food 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, Arabian Food autocorrelation shows the relationship between Arabian Food stock current value and its past values and can show if there is a momentum factor associated with investing in Arabian Food Industries.
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.