Allhome Corp (Philippines) Market Value
| HOME Stock | 0.60 0.03 4.76% |
| Symbol | Allhome |
Allhome Corp '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 Allhome Corp'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 Allhome Corp.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Allhome Corp on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Allhome Corp or generate 0.0% return on investment in Allhome Corp over 30 days. Allhome Corp is related to or competes with GT Capital, Jollibee Foods, Monde Nissin, and AgriNurture. More
Allhome Corp 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 Allhome Corp'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 Allhome Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 12.96 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.48 |
Allhome Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allhome Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allhome Corp's standard deviation. In reality, there are many statistical measures that can use Allhome Corp historical prices to predict the future Allhome Corp's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (1.99) |
Allhome Corp Backtested Returns
Allhome Corp secures Sharpe Ratio (or Efficiency) of -0.0282, which signifies that the company had a -0.0282% return per unit of risk over the last 3 months. Allhome Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allhome Corp's Standard Deviation of 2.47, risk adjusted performance of (0.01), and Mean Deviation of 1.77 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0269, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Allhome Corp's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allhome Corp is expected to be smaller as well. At this point, Allhome Corp has a negative expected return of -0.0702%. Please make sure to confirm Allhome Corp's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Allhome Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.24 |
Weak predictability
Allhome Corp has weak predictability. Overlapping area represents the amount of predictability between Allhome Corp time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Allhome Corp price movement. The serial correlation of 0.24 indicates that over 24.0% of current Allhome Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Allhome Corp lagged returns against current returns
Autocorrelation, which is Allhome Corp 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 Allhome Corp's stock expected returns. We can calculate the autocorrelation of Allhome Corp returns to help us make a trade decision. For example, suppose you find that Allhome Corp 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 |
Allhome Corp 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 Allhome Corp stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allhome Corp stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allhome Corp stock over time.
Current vs Lagged Prices |
| Timeline |
Allhome Corp Lagged Returns
When evaluating Allhome Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allhome Corp stock have on its future price. Allhome Corp 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, Allhome Corp autocorrelation shows the relationship between Allhome Corp stock current value and its past values and can show if there is a momentum factor associated with investing in Allhome Corp.
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 Allhome Stock Analysis
When running Allhome Corp's price analysis, check to measure Allhome Corp'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 Allhome Corp is operating at the current time. Most of Allhome Corp's value examination focuses on studying past and present price action to predict the probability of Allhome Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allhome Corp's price. Additionally, you may evaluate how the addition of Allhome Corp to your portfolios can decrease your overall portfolio volatility.