Alliance Select (Philippines) Market Value
| FOOD Stock | 0.58 0.08 16.00% |
| Symbol | Alliance |
Alliance Select '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 Alliance Select'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 Alliance Select.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Alliance Select on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Alliance Select Foods or generate 0.0% return on investment in Alliance Select over 90 days. Alliance Select is related to or competes with BDO Unibank, COL Financial, Asia United, and Megawide Construction. More
Alliance Select 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 Alliance Select'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 Alliance Select Foods upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.44 | |||
| Information Ratio | 0.1495 | |||
| Maximum Drawdown | 23.02 | |||
| Value At Risk | (6.67) | |||
| Potential Upside | 10.0 |
Alliance Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alliance Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alliance Select's standard deviation. In reality, there are many statistical measures that can use Alliance Select historical prices to predict the future Alliance Select's volatility.| Risk Adjusted Performance | 0.1233 | |||
| Jensen Alpha | 0.6284 | |||
| Total Risk Alpha | 1.04 | |||
| Sortino Ratio | 0.1036 | |||
| Treynor Ratio | 1.0 |
Alliance Select Foods Backtested Returns
Alliance Select is out of control given 3 months investment horizon. Alliance Select Foods secures Sharpe Ratio (or Efficiency) of 0.36, which signifies that the company had a 0.36 % return per unit of risk over the last 3 months. We are able to interpolate and collect twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.5% are justified by taking the suggested risk. Use Alliance Select Downside Deviation of 6.44, risk adjusted performance of 0.1233, and Mean Deviation of 2.67 to evaluate company specific risk that cannot be diversified away. Alliance Select holds a performance score of 28 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alliance Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alliance Select is expected to be smaller as well. Use Alliance Select jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to analyze future returns on Alliance Select.
Auto-correlation | 0.32 |
Below average predictability
Alliance Select Foods has below average predictability. Overlapping area represents the amount of predictability between Alliance Select time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Alliance Select Foods price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Alliance Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alliance Select Foods lagged returns against current returns
Autocorrelation, which is Alliance Select 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 Alliance Select's stock expected returns. We can calculate the autocorrelation of Alliance Select returns to help us make a trade decision. For example, suppose you find that Alliance Select 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 |
Alliance Select 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 Alliance Select stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alliance Select stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alliance Select stock over time.
Current vs Lagged Prices |
| Timeline |
Alliance Select Lagged Returns
When evaluating Alliance Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alliance Select stock have on its future price. Alliance Select 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, Alliance Select autocorrelation shows the relationship between Alliance Select stock current value and its past values and can show if there is a momentum factor associated with investing in Alliance Select Foods.
Regressed Prices |
| Timeline |
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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.Additional Tools for Alliance Stock Analysis
When running Alliance Select's price analysis, check to measure Alliance Select's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Alliance Select is operating at the current time. Most of Alliance Select's value examination focuses on studying past and present price action to predict the probability of Alliance Select's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alliance Select's price. Additionally, you may evaluate how the addition of Alliance Select to your portfolios can decrease your overall portfolio volatility.