AFP Habitat (Chile) Market Value
| HABITAT Stock | CLP 1,061 4.50 0.43% |
| Symbol | AFP |
AFP Habitat '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 AFP Habitat'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 AFP Habitat.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in AFP Habitat on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding AFP Habitat or generate 0.0% return on investment in AFP Habitat over 90 days. AFP Habitat is related to or competes with Banco De, LATAM Airlines, and Multiexport Foods. Administradora de Fondos de Pensiones Capital S.A More
AFP Habitat 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 AFP Habitat'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 AFP Habitat upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7486 | |||
| Information Ratio | 0.4629 | |||
| Maximum Drawdown | 6.59 | |||
| Value At Risk | (0.99) | |||
| Potential Upside | 1.98 |
AFP Habitat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFP Habitat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFP Habitat's standard deviation. In reality, there are many statistical measures that can use AFP Habitat historical prices to predict the future AFP Habitat's volatility.| Risk Adjusted Performance | 0.3371 | |||
| Jensen Alpha | 0.3829 | |||
| Total Risk Alpha | 0.4789 | |||
| Sortino Ratio | 0.622 | |||
| Treynor Ratio | 4.2 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AFP Habitat'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.
AFP Habitat Backtested Returns
AFP Habitat appears to be very steady, given 3 months investment horizon. AFP Habitat secures Sharpe Ratio (or Efficiency) of 0.37, which signifies that the company had a 0.37 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for AFP Habitat, which you can use to evaluate the volatility of the firm. Please makes use of AFP Habitat's risk adjusted performance of 0.3371, and Mean Deviation of 0.7144 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AFP Habitat holds a performance score of 28. The firm shows a Beta (market volatility) of 0.0892, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AFP Habitat's returns are expected to increase less than the market. However, during the bear market, the loss of holding AFP Habitat is expected to be smaller as well. Please check AFP Habitat's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether AFP Habitat's price patterns will revert.
Auto-correlation | 0.48 |
Average predictability
AFP Habitat has average predictability. Overlapping area represents the amount of predictability between AFP Habitat time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th 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 AFP Habitat price movement. The serial correlation of 0.48 indicates that about 48.0% of current AFP Habitat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.48 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2352.83 |
AFP Habitat lagged returns against current returns
Autocorrelation, which is AFP Habitat 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 AFP Habitat's stock expected returns. We can calculate the autocorrelation of AFP Habitat returns to help us make a trade decision. For example, suppose you find that AFP Habitat 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 |
AFP Habitat 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 AFP Habitat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFP Habitat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFP Habitat stock over time.
Current vs Lagged Prices |
| Timeline |
AFP Habitat Lagged Returns
When evaluating AFP Habitat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFP Habitat stock have on its future price. AFP Habitat 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, AFP Habitat autocorrelation shows the relationship between AFP Habitat stock current value and its past values and can show if there is a momentum factor associated with investing in AFP Habitat.
Regressed Prices |
| Timeline |
Pair Trading with AFP Habitat
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 AFP Habitat 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 AFP Habitat will appreciate offsetting losses from the drop in the long position's value.Moving together with AFP Stock
| 0.73 | AAISA | Administradora Americana | PairCorr |
| 0.67 | LASCONDES | Las Condes | PairCorr |
| 0.95 | MULTIX | Multiexport Foods | PairCorr |
| 0.79 | ENLASA | Energia Latina SA | PairCorr |
The ability to find closely correlated positions to AFP Habitat could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AFP Habitat 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 AFP Habitat - 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 AFP Habitat to buy it.
The correlation of AFP Habitat 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 AFP Habitat moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AFP Habitat 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 AFP Habitat 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.Additional Tools for AFP Stock Analysis
When running AFP Habitat's price analysis, check to measure AFP Habitat'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 AFP Habitat is operating at the current time. Most of AFP Habitat's value examination focuses on studying past and present price action to predict the probability of AFP Habitat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFP Habitat's price. Additionally, you may evaluate how the addition of AFP Habitat to your portfolios can decrease your overall portfolio volatility.