Adtalem Global (Germany) Market Value
| DVY Stock | 85.50 1.00 1.16% |
| Symbol | Adtalem |
Adtalem Global '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 Adtalem Global'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 Adtalem Global.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Adtalem Global on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Adtalem Global Education or generate 0.0% return on investment in Adtalem Global over 30 days. Adtalem Global is related to or competes with Apple, Apple, Apple, Apple, Apple, Apple, and Microsoft. More
Adtalem Global 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 Adtalem Global'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 Adtalem Global Education upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.01 | |||
| Information Ratio | 0.1057 | |||
| Maximum Drawdown | 16.73 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.76 |
Adtalem Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adtalem Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adtalem Global's standard deviation. In reality, there are many statistical measures that can use Adtalem Global historical prices to predict the future Adtalem Global's volatility.| Risk Adjusted Performance | 0.135 | |||
| Jensen Alpha | 0.1783 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.1164 | |||
| Treynor Ratio | 0.2521 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Adtalem Global's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Adtalem Global Education Backtested Returns
Adtalem Global appears to be very steady, given 3 months investment horizon. Adtalem Global Education secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Adtalem Global Education, which you can use to evaluate the volatility of the firm. Please makes use of Adtalem Global's Downside Deviation of 2.01, risk adjusted performance of 0.135, and Mean Deviation of 1.48 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adtalem Global holds a performance score of 13. The firm shows a Beta (market volatility) of 1.43, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Adtalem Global will likely underperform. Please check Adtalem Global's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Adtalem Global's price patterns will revert.
Auto-correlation | 0.91 |
Excellent predictability
Adtalem Global Education has excellent predictability. Overlapping area represents the amount of predictability between Adtalem Global time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Adtalem Global Education price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Adtalem Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 4.36 |
Adtalem Global Education lagged returns against current returns
Autocorrelation, which is Adtalem Global 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 Adtalem Global's stock expected returns. We can calculate the autocorrelation of Adtalem Global returns to help us make a trade decision. For example, suppose you find that Adtalem Global 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 |
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Adtalem Global 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 Adtalem Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adtalem Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adtalem Global stock over time.
Current vs Lagged Prices |
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Adtalem Global Lagged Returns
When evaluating Adtalem Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adtalem Global stock have on its future price. Adtalem Global 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, Adtalem Global autocorrelation shows the relationship between Adtalem Global stock current value and its past values and can show if there is a momentum factor associated with investing in Adtalem Global Education.
Regressed Prices |
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Additional Tools for Adtalem Stock Analysis
When running Adtalem Global's price analysis, check to measure Adtalem Global'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 Adtalem Global is operating at the current time. Most of Adtalem Global's value examination focuses on studying past and present price action to predict the probability of Adtalem Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adtalem Global's price. Additionally, you may evaluate how the addition of Adtalem Global to your portfolios can decrease your overall portfolio volatility.