Ascott Residence Trust Stock Market Value

ATTRF Stock  USD 0.72  0.00  0.00%   
Ascott Residence's market value is the price at which a share of Ascott Residence trades on a public exchange. It measures the collective expectations of Ascott Residence Trust investors about its performance. Ascott Residence is trading at 0.72 as of the 5th of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.72.
With this module, you can estimate the performance of a buy and hold strategy of Ascott Residence Trust and determine expected loss or profit from investing in Ascott Residence over a given investment horizon. Check out Ascott Residence Correlation, Ascott Residence Volatility and Ascott Residence Alpha and Beta module to complement your research on Ascott Residence.
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Please note, there is a significant difference between Ascott Residence's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ascott Residence is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ascott Residence's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Ascott Residence '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 Ascott Residence'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 Ascott Residence.
0.00
11/05/2024
No Change 0.00  0.0 
In 31 days
12/05/2024
0.00
If you would invest  0.00  in Ascott Residence on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding Ascott Residence Trust or generate 0.0% return on investment in Ascott Residence over 30 days. Ascott Residence is related to or competes with Armada Hoffler, Artis REIT, Armada Hflr, Modiv, Precinct Properties, Global Net, and NexPoint Diversified. Ascott Residence Trust is the largest hospitality trust in Asia Pacific with an asset value of S7.2 billion as at 31 Dec... More

Ascott Residence 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 Ascott Residence'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 Ascott Residence Trust upside and downside potential and time the market with a certain degree of confidence.

Ascott Residence Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascott Residence's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascott Residence's standard deviation. In reality, there are many statistical measures that can use Ascott Residence historical prices to predict the future Ascott Residence's volatility.
Hype
Prediction
LowEstimatedHigh
0.040.842.20
Details
Intrinsic
Valuation
LowRealHigh
0.030.621.98
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Ascott Residence Trust Backtested Returns

At this point, Ascott Residence is very risky. Ascott Residence Trust secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Ascott Residence Trust, which you can use to evaluate the volatility of the firm. Please confirm Ascott Residence's mean deviation of 0.3214, and Risk Adjusted Performance of 0.0954 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Ascott Residence has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0493, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ascott Residence are expected to decrease at a much lower rate. During the bear market, Ascott Residence is likely to outperform the market. Ascott Residence Trust right now shows a risk of 1.36%. Please confirm Ascott Residence Trust risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Ascott Residence Trust will be following its price patterns.

Auto-correlation

    
  1.00  

Perfect predictability

Ascott Residence Trust has perfect predictability. Overlapping area represents the amount of predictability between Ascott Residence time series from 5th of November 2024 to 20th of November 2024 and 20th of November 2024 to 5th 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 Ascott Residence Trust price movement. The serial correlation of 1.0 indicates that 100.0% of current Ascott Residence price fluctuation can be explain by its past prices.
Correlation Coefficient1.0
Spearman Rank Test1.0
Residual Average0.0
Price Variance0.0

Ascott Residence Trust lagged returns against current returns

Autocorrelation, which is Ascott Residence 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 Ascott Residence's pink sheet expected returns. We can calculate the autocorrelation of Ascott Residence returns to help us make a trade decision. For example, suppose you find that Ascott Residence 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  

Ascott Residence 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 Ascott Residence pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascott Residence pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascott Residence pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Ascott Residence Lagged Returns

When evaluating Ascott Residence's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascott Residence pink sheet have on its future price. Ascott Residence 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, Ascott Residence autocorrelation shows the relationship between Ascott Residence pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ascott Residence Trust.
   Regressed Prices   
       Timeline  

Currently Active Assets on Macroaxis

Other Information on Investing in Ascott Pink Sheet

Ascott Residence financial ratios help investors to determine whether Ascott Pink Sheet 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 Ascott with respect to the benefits of owning Ascott Residence security.