American International (Germany) Market Value
| AINN Stock | EUR 70.15 0.53 0.76% |
| Symbol | American |
American International '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 American International'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 American International.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in American International on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding American International Group or generate 0.0% return on investment in American International over 30 days. American International is related to or competes with United States, Highlight Communications, GFL ENVIRONM, Shenandoah Telecommunicatio, CECO ENVIRONMENTAL, and Cogent Communications. American International Group, Inc. provides insurance products for commercial, institutional, and individual customers i... More
American International 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 American International'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 American International Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.049 | |||
| Maximum Drawdown | 6.77 | |||
| Value At Risk | (1.39) | |||
| Potential Upside | 2.86 |
American International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American International's standard deviation. In reality, there are many statistical measures that can use American International historical prices to predict the future American International's volatility.| Risk Adjusted Performance | 0.0626 | |||
| Jensen Alpha | 0.0797 | |||
| Total Risk Alpha | 0.0498 | |||
| Sortino Ratio | 0.0613 | |||
| Treynor Ratio | 0.2972 |
American International Backtested Returns
At this point, American International is very steady. American International secures Sharpe Ratio (or Efficiency) of 0.0978, which signifies that the company had a 0.0978% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for American International Group, which you can use to evaluate the volatility of the firm. Please confirm American International's mean deviation of 0.985, and Risk Adjusted Performance of 0.0626 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. American International has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.29, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American International's returns are expected to increase less than the market. However, during the bear market, the loss of holding American International is expected to be smaller as well. American International right now shows a risk of 1.31%. Please confirm American International mean deviation, downside deviation, information ratio, as well as the relationship between the semi deviation and coefficient of variation , to decide if American International will be following its price patterns.
Auto-correlation | -0.46 |
Modest reverse predictability
American International Group has modest reverse predictability. Overlapping area represents the amount of predictability between American International time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 American International price movement. The serial correlation of -0.46 indicates that about 46.0% of current American International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.9 |
American International lagged returns against current returns
Autocorrelation, which is American International 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 American International's stock expected returns. We can calculate the autocorrelation of American International returns to help us make a trade decision. For example, suppose you find that American International 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 |
American International 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 American International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American International stock over time.
Current vs Lagged Prices |
| Timeline |
American International Lagged Returns
When evaluating American International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American International stock have on its future price. American International 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, American International autocorrelation shows the relationship between American International stock current value and its past values and can show if there is a momentum factor associated with investing in American International Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in American Stock
When determining whether American International is a strong investment it is important to analyze American International's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact American International's future performance. For an informed investment choice regarding American Stock, refer to the following important reports:Check out American International Correlation, American International Volatility and American International Alpha and Beta module to complement your research on American International. You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
American International technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.