Aboitiz Equity (Philippines) Market Value
| AEV Stock | 33.80 0.30 0.88% |
| Symbol | Aboitiz |
Aboitiz Equity '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 Aboitiz Equity'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 Aboitiz Equity.
| 09/17/2024 |
| 12/16/2024 |
If you would invest 0.00 in Aboitiz Equity on September 17, 2024 and sell it all today you would earn a total of 0.00 from holding Aboitiz Equity Ventures or generate 0.0% return on investment in Aboitiz Equity over 90 days. Aboitiz Equity is related to or competes with Manila Electric, Dizon Copper, GT Capital, Allhome Corp, Jollibee Foods, and Altus Property. More
Aboitiz Equity 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 Aboitiz Equity'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 Aboitiz Equity Ventures upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.35 | |||
| Value At Risk | (3.05) | |||
| Potential Upside | 3.11 |
Aboitiz Equity Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aboitiz Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aboitiz Equity's standard deviation. In reality, there are many statistical measures that can use Aboitiz Equity historical prices to predict the future Aboitiz Equity's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | 0.5191 |
Aboitiz Equity Ventures Backtested Returns
Aboitiz Equity Ventures secures Sharpe Ratio (or Efficiency) of -0.0397, which signifies that the company had a -0.0397% return per unit of risk over the last 3 months. Aboitiz Equity Ventures exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aboitiz Equity's Mean Deviation of 1.48, risk adjusted performance of (0.02), and Standard Deviation of 1.9 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aboitiz Equity are expected to decrease at a much lower rate. During the bear market, Aboitiz Equity is likely to outperform the market. At this point, Aboitiz Equity Ventures has a negative expected return of -0.0761%. Please make sure to confirm Aboitiz Equity's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Aboitiz Equity Ventures performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Aboitiz Equity Ventures has insignificant predictability. Overlapping area represents the amount of predictability between Aboitiz Equity time series from 17th of September 2024 to 1st of November 2024 and 1st of November 2024 to 16th of December 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 Aboitiz Equity Ventures price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Aboitiz Equity price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Aboitiz Equity Ventures lagged returns against current returns
Autocorrelation, which is Aboitiz Equity 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 Aboitiz Equity's stock expected returns. We can calculate the autocorrelation of Aboitiz Equity returns to help us make a trade decision. For example, suppose you find that Aboitiz Equity 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 |
Aboitiz Equity 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 Aboitiz Equity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aboitiz Equity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aboitiz Equity stock over time.
Current vs Lagged Prices |
| Timeline |
Aboitiz Equity Lagged Returns
When evaluating Aboitiz Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aboitiz Equity stock have on its future price. Aboitiz Equity 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, Aboitiz Equity autocorrelation shows the relationship between Aboitiz Equity stock current value and its past values and can show if there is a momentum factor associated with investing in Aboitiz Equity Ventures.
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 Aboitiz Stock
Aboitiz Equity financial ratios help investors to determine whether Aboitiz Stock 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 Aboitiz with respect to the benefits of owning Aboitiz Equity security.