Aozora Bank Ltd Stock Market Value
| AOZOY Stock | USD 4.39 0.00 0.00% |
| Symbol | Aozora |
Aozora Bank '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 Aozora Bank's pink sheet 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 Aozora Bank.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Aozora Bank on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Aozora Bank Ltd or generate 0.0% return on investment in Aozora Bank over 720 days. Aozora Bank is related to or competes with First Hawaiian, Central Pacific, Territorial Bancorp, Comerica, Bank of Hawaii, Lloyds Banking, and Zions Bancorporation. Aozora Bank, Ltd., together with its subsidiaries, provides various banking products and services in Japan and internati... More
Aozora Bank 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 Aozora Bank's pink sheet 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 Aozora Bank Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 9.92 |
Aozora Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aozora Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aozora Bank's standard deviation. In reality, there are many statistical measures that can use Aozora Bank historical prices to predict the future Aozora Bank's volatility.| Risk Adjusted Performance | 0.0216 | |||
| Jensen Alpha | 0.0202 | |||
| Total Risk Alpha | (0.15) | |||
| Treynor Ratio | (0.62) |
Aozora Bank Backtested Returns
At this stage we consider Aozora Pink Sheet to be somewhat reliable. Aozora Bank secures Sharpe Ratio (or Efficiency) of 0.0244, which signifies that the company had a 0.0244% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Aozora Bank Ltd, which you can use to evaluate the volatility of the firm. Please confirm Aozora Bank's Risk Adjusted Performance of 0.0216, mean deviation of 0.3047, and Standard Deviation of 1.13 to double-check if the risk estimate we provide is consistent with the expected return of 0.0279%. Aozora Bank has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0277, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aozora Bank are expected to decrease at a much lower rate. During the bear market, Aozora Bank is likely to outperform the market. Aozora Bank right now shows a risk of 1.14%. Please confirm Aozora Bank market risk adjusted performance, jensen alpha, as well as the relationship between the Jensen Alpha and day typical price , to decide if Aozora Bank will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Aozora Bank Ltd has weak predictability. Overlapping area represents the amount of predictability between Aozora Bank time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Aozora Bank price movement. The serial correlation of 0.24 indicates that over 24.0% of current Aozora Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Aozora Bank lagged returns against current returns
Autocorrelation, which is Aozora Bank pink sheet'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 Aozora Bank's pink sheet expected returns. We can calculate the autocorrelation of Aozora Bank returns to help us make a trade decision. For example, suppose you find that Aozora Bank has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Aozora Bank 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 Aozora Bank pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aozora Bank pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aozora Bank pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aozora Bank Lagged Returns
When evaluating Aozora Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aozora Bank pink sheet have on its future price. Aozora Bank 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, Aozora Bank autocorrelation shows the relationship between Aozora Bank pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aozora Bank Ltd.
Regressed Prices |
| Timeline |
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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.Additional Tools for Aozora Pink Sheet Analysis
When running Aozora Bank's price analysis, check to measure Aozora Bank's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Aozora Bank is operating at the current time. Most of Aozora Bank's value examination focuses on studying past and present price action to predict the probability of Aozora Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aozora Bank's price. Additionally, you may evaluate how the addition of Aozora Bank to your portfolios can decrease your overall portfolio volatility.