Australian High (Australia) Market Value

Symbol

Australian

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 High's etf 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 High.

Australian High Upside/Downside Indicators

Australian High Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian High's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian High's standard deviation. In reality, there are many statistical measures that can use Australian High historical prices to predict the future Australian High's volatility.

Autocorrelation, which is Australian High etf'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 High's etf expected returns. We can calculate the autocorrelation of Australian High returns to help us make a trade decision. For example, suppose you find that Australian High has exhibited high autocorrelation historically, and you observe that the etf is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Australian High etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian High etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian High etf over time.

When evaluating Australian High's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian High etf have on its future price. Australian High 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 High autocorrelation shows the relationship between Australian High etf current value and its past values and can show if there is a momentum factor associated with investing in Australian High Interest.

Australian High financial ratios help investors to determine whether Australian Etf 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 High security.