AH Vest (South Africa) Market Value
| AHL Stock | 13.00 0.00 0.00% |
| Symbol | AHL |
AH Vest '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 AH Vest'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 AH Vest.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in AH Vest on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding AH Vest Limited or generate 0.0% return on investment in AH Vest over 30 days. AH Vest is related to or competes with AfroCentric Investment. More
AH Vest 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 AH Vest'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 AH Vest Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0924 | |||
| Maximum Drawdown | 30.0 |
AH Vest Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AH Vest's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AH Vest's standard deviation. In reality, there are many statistical measures that can use AH Vest historical prices to predict the future AH Vest's volatility.| Risk Adjusted Performance | 0.1019 | |||
| Jensen Alpha | 0.4007 | |||
| Total Risk Alpha | (0.06) | |||
| Treynor Ratio | 1.05 |
AH Vest Limited Backtested Returns
AH Vest appears to be somewhat reliable, given 3 months investment horizon. AH Vest Limited retains Efficiency (Sharpe Ratio) of 0.13, which signifies that the company had a 0.13% return per unit of price deviation over the last 3 months. We have found seventeen technical indicators for AH Vest, which you can use to evaluate the volatility of the firm. Please makes use of AH Vest's Variance of 13.64, information ratio of 0.0924, and Market Risk Adjusted Performance of 1.06 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AH Vest holds a performance score of 9. The firm owns a Beta (Systematic Risk) of 0.42, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AH Vest's returns are expected to increase less than the market. However, during the bear market, the loss of holding AH Vest is expected to be smaller as well. Please check AH Vest's mean deviation, information ratio, kurtosis, as well as the relationship between the standard deviation and maximum drawdown , to make a quick decision on whether AH Vest's current price history will revert.
Auto-correlation | 0.00 |
No correlation between past and present
AH Vest Limited has no correlation between past and present. Overlapping area represents the amount of predictability between AH Vest time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 AH Vest Limited price movement. The serial correlation of 0.0 indicates that just 0.0% of current AH Vest price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
AH Vest Limited lagged returns against current returns
Autocorrelation, which is AH Vest 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 AH Vest's stock expected returns. We can calculate the autocorrelation of AH Vest returns to help us make a trade decision. For example, suppose you find that AH Vest 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 |
AH Vest 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 AH Vest stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AH Vest stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AH Vest stock over time.
Current vs Lagged Prices |
| Timeline |
AH Vest Lagged Returns
When evaluating AH Vest's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AH Vest stock have on its future price. AH Vest 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, AH Vest autocorrelation shows the relationship between AH Vest stock current value and its past values and can show if there is a momentum factor associated with investing in AH Vest Limited.
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 AHL Stock
AH Vest financial ratios help investors to determine whether AHL 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 AHL with respect to the benefits of owning AH Vest security.