Aberdeen Global If Stock Market Value
| FCO Stock | USD 6.14 0.04 0.66% |
| Symbol | Aberdeen |
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Aberdeen Global. If investors know Aberdeen will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Aberdeen Global listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Aberdeen Global IF is measured differently than its book value, which is the value of Aberdeen that is recorded on the company's balance sheet. Investors also form their own opinion of Aberdeen Global's value that differs from its market value or its book value, called intrinsic value, which is Aberdeen Global's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Aberdeen Global's market value can be influenced by many factors that don't directly affect Aberdeen Global's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Aberdeen Global's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aberdeen Global is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aberdeen Global's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aberdeen Global '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 Aberdeen Global'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 Aberdeen Global.
| 12/21/2024 |
| 03/21/2025 |
If you would invest 0.00 in Aberdeen Global on December 21, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Global IF or generate 0.0% return on investment in Aberdeen Global over 90 days. Aberdeen Global is related to or competes with Aberdeen Australia, Western Asset, Cbre Clarion, Credit Suisse, Aberdeen Japan, European Equity, and New Germany. Abrdn Global Income Fund Inc is a closed-ended fixed income mutual fund launched and managed by Aberdeen Standard Invest... More
Aberdeen Global 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 Aberdeen Global'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 Aberdeen Global IF upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9278 | |||
| Information Ratio | 0.1447 | |||
| Maximum Drawdown | 6.42 | |||
| Value At Risk | (1.15) | |||
| Potential Upside | 1.69 |
Aberdeen Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Global's standard deviation. In reality, there are many statistical measures that can use Aberdeen Global historical prices to predict the future Aberdeen Global's volatility.| Risk Adjusted Performance | 0.0772 | |||
| Jensen Alpha | 0.0871 | |||
| Total Risk Alpha | 0.165 | |||
| Sortino Ratio | 0.1636 | |||
| Treynor Ratio | 0.753 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aberdeen Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Aberdeen Global IF Backtested Returns
As of now, Aberdeen Stock is not too volatile. Aberdeen Global IF secures Sharpe Ratio (or Efficiency) of 0.0955, which signifies that the company had a 0.0955 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberdeen Global IF, which you can use to evaluate the volatility of the firm. Please confirm Aberdeen Global's mean deviation of 0.7333, and Risk Adjusted Performance of 0.0772 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Aberdeen Global has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aberdeen Global's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aberdeen Global is expected to be smaller as well. Aberdeen Global IF right now shows a risk of 1.05%. Please confirm Aberdeen Global IF information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Aberdeen Global IF will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Aberdeen Global IF has average predictability. Overlapping area represents the amount of predictability between Aberdeen Global time series from 21st of December 2024 to 4th of February 2025 and 4th of February 2025 to 21st of March 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 Aberdeen Global IF price movement. The serial correlation of 0.47 indicates that about 47.0% of current Aberdeen Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aberdeen Global IF lagged returns against current returns
Autocorrelation, which is Aberdeen Global 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 Aberdeen Global's stock expected returns. We can calculate the autocorrelation of Aberdeen Global returns to help us make a trade decision. For example, suppose you find that Aberdeen Global 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 |
Aberdeen Global 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 Aberdeen Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Global stock over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Global Lagged Returns
When evaluating Aberdeen Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Global stock have on its future price. Aberdeen Global 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, Aberdeen Global autocorrelation shows the relationship between Aberdeen Global stock current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Global IF.
Regressed Prices |
| Timeline |
Pair Trading with Aberdeen Global
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Aberdeen Global position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Aberdeen Global will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Aberdeen Global could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Aberdeen Global when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Aberdeen Global - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Aberdeen Global IF to buy it.
The correlation of Aberdeen Global is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Aberdeen Global moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Aberdeen Global IF moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Aberdeen Global can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Aberdeen Global Correlation, Aberdeen Global Volatility and Aberdeen Global Alpha and Beta module to complement your research on Aberdeen Global. You can also try the Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
Aberdeen Global technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.