Aspen Insurance Holdings Preferred Stock Market Value
| AHL-PC Preferred Stock | USD 25.45 0.04 0.16% |
| Symbol | Aspen |
Aspen Insurance '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 Aspen Insurance's preferred 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 Aspen Insurance.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Aspen Insurance on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Aspen Insurance Holdings or generate 0.0% return on investment in Aspen Insurance over 720 days. Aspen Insurance is related to or competes with Allstate, Aspen Insurance, AmTrust Financial, Argo Group, AmTrust Financial, AmTrust Financial, and AmTrust Financial. More
Aspen Insurance 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 Aspen Insurance's preferred 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 Aspen Insurance Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.8 | |||
| Value At Risk | (0.90) | |||
| Potential Upside | 1.05 |
Aspen Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspen Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspen Insurance's standard deviation. In reality, there are many statistical measures that can use Aspen Insurance historical prices to predict the future Aspen Insurance's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.11) | |||
| Treynor Ratio | (0.90) |
Aspen Insurance Holdings Backtested Returns
Aspen Insurance Holdings secures Sharpe Ratio (or Efficiency) of -0.0405, which signifies that the company had a -0.0405% return per unit of risk over the last 3 months. Aspen Insurance Holdings exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aspen Insurance's Risk Adjusted Performance of (0.01), standard deviation of 0.6242, and Mean Deviation of 0.4198 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0196, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aspen Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspen Insurance is expected to be smaller as well. At this point, Aspen Insurance Holdings has a negative expected return of -0.0254%. Please make sure to confirm Aspen Insurance'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 Aspen Insurance Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Aspen Insurance Holdings has very good predictability. Overlapping area represents the amount of predictability between Aspen Insurance time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Aspen Insurance Holdings price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Aspen Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.93 |
Aspen Insurance Holdings lagged returns against current returns
Autocorrelation, which is Aspen Insurance preferred 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 Aspen Insurance's preferred stock expected returns. We can calculate the autocorrelation of Aspen Insurance returns to help us make a trade decision. For example, suppose you find that Aspen Insurance has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Aspen Insurance 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 Aspen Insurance preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspen Insurance preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aspen Insurance preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Aspen Insurance Lagged Returns
When evaluating Aspen Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspen Insurance preferred stock have on its future price. Aspen Insurance 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, Aspen Insurance autocorrelation shows the relationship between Aspen Insurance preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Aspen Insurance Holdings.
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 Aspen Preferred Stock
Aspen Insurance financial ratios help investors to determine whether Aspen Preferred 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 Aspen with respect to the benefits of owning Aspen Insurance security.