Alibaba Group (Brazil) Market Value
| BABA34 Stock | BRL 18.78 0.58 3.19% |
| Symbol | Alibaba |
Alibaba Group '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 Alibaba Group'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 Alibaba Group.
| 12/12/2022 |
| 12/01/2024 |
If you would invest 0.00 in Alibaba Group on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Alibaba Group Holding or generate 0.0% return on investment in Alibaba Group over 720 days. Alibaba Group is related to or competes with UnitedHealth Group, Take Two, Bemobi Mobile, Palantir Technologies, Uber Technologies, Livetech, and Paycom Software. Alibaba Group Holding Limited, through its subsidiaries, provides technology infrastructure and marketing reach to help ... More
Alibaba Group 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 Alibaba Group'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 Alibaba Group Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.52 | |||
| Information Ratio | 0.0603 | |||
| Maximum Drawdown | 15.57 | |||
| Value At Risk | (3.50) | |||
| Potential Upside | 4.7 |
Alibaba Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alibaba Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alibaba Group's standard deviation. In reality, there are many statistical measures that can use Alibaba Group historical prices to predict the future Alibaba Group's volatility.| Risk Adjusted Performance | 0.0896 | |||
| Jensen Alpha | 0.3307 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0695 | |||
| Treynor Ratio | (1.40) |
Alibaba Group Holding Backtested Returns
Alibaba Group appears to be not too volatile, given 3 months investment horizon. Alibaba Group Holding secures Sharpe Ratio (or Efficiency) of 0.087, which signifies that the company had a 0.087% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Alibaba Group Holding, which you can use to evaluate the volatility of the firm. Please makes use of Alibaba Group's Risk Adjusted Performance of 0.0896, downside deviation of 2.52, and Mean Deviation of 2.28 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alibaba Group holds a performance score of 6. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Alibaba Group are expected to decrease at a much lower rate. During the bear market, Alibaba Group is likely to outperform the market. Please check Alibaba Group's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Alibaba Group's price patterns will revert.
Auto-correlation | -0.54 |
Good reverse predictability
Alibaba Group Holding has good reverse predictability. Overlapping area represents the amount of predictability between Alibaba Group time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Alibaba Group Holding price movement. The serial correlation of -0.54 indicates that about 54.0% of current Alibaba Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 7.63 |
Alibaba Group Holding lagged returns against current returns
Autocorrelation, which is Alibaba Group 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 Alibaba Group's stock expected returns. We can calculate the autocorrelation of Alibaba Group returns to help us make a trade decision. For example, suppose you find that Alibaba Group 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 |
Alibaba Group 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 Alibaba Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alibaba Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alibaba Group stock over time.
Current vs Lagged Prices |
| Timeline |
Alibaba Group Lagged Returns
When evaluating Alibaba Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alibaba Group stock have on its future price. Alibaba Group 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, Alibaba Group autocorrelation shows the relationship between Alibaba Group stock current value and its past values and can show if there is a momentum factor associated with investing in Alibaba Group Holding.
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.Additional Information and Resources on Investing in Alibaba Stock
When determining whether Alibaba Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alibaba Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alibaba Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alibaba Group Holding Stock:Check out Alibaba Group Correlation, Alibaba Group Volatility and Alibaba Group Alpha and Beta module to complement your research on Alibaba Group. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.
Alibaba Group 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.