Albion Venture (UK) Market Value
| AAVC Etf | 40.00 1.60 3.85% |
| Symbol | Albion |
Albion Venture '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 Albion Venture'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 Albion Venture.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Albion Venture on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Albion Venture Capital or generate 0.0% return on investment in Albion Venture over 540 days. Albion Venture is related to or competes with IShares MSCI, Amundi EUR, IShares JP, Xtrackers MSCI, and Lyxor Smart. Albion Venture is entity of United Kingdom More
Albion Venture 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 Albion Venture's etf 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 Albion Venture Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.41) | |||
| Maximum Drawdown | 0.9524 |
Albion Venture Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Albion Venture's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Albion Venture's standard deviation. In reality, there are many statistical measures that can use Albion Venture historical prices to predict the future Albion Venture's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (2.54) |
Albion Venture Capital Backtested Returns
Albion Venture Capital secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the etf had a -0.15% return per unit of standard deviation over the last 3 months. Albion Venture Capital exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Albion Venture's risk adjusted performance of (0.12), and Mean Deviation of 0.141 to double-check the risk estimate we provide. The etf shows a Beta (market volatility) of 0.0325, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Albion Venture's returns are expected to increase less than the market. However, during the bear market, the loss of holding Albion Venture is expected to be smaller as well.
Auto-correlation | 0.77 |
Good predictability
Albion Venture Capital has good predictability. Overlapping area represents the amount of predictability between Albion Venture time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Albion Venture Capital price movement. The serial correlation of 0.77 indicates that around 77.0% of current Albion Venture price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.77 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Albion Venture Capital lagged returns against current returns
Autocorrelation, which is Albion Venture 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 Albion Venture's etf expected returns. We can calculate the autocorrelation of Albion Venture returns to help us make a trade decision. For example, suppose you find that Albion Venture 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.
Current and Lagged Values |
| Timeline |
Albion Venture 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 Albion Venture etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Albion Venture etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Albion Venture etf over time.
Current vs Lagged Prices |
| Timeline |
Albion Venture Lagged Returns
When evaluating Albion Venture's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Albion Venture etf have on its future price. Albion Venture 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, Albion Venture autocorrelation shows the relationship between Albion Venture etf current value and its past values and can show if there is a momentum factor associated with investing in Albion Venture Capital.
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.Other Information on Investing in Albion Etf
Albion Venture financial ratios help investors to determine whether Albion 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 Albion with respect to the benefits of owning Albion Venture security.