AFLAC (UK) Market Value
| 0H68 Stock | 105.06 0.93 0.89% |
| Symbol | AFLAC |
AFLAC '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 AFLAC'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 AFLAC.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in AFLAC on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding AFLAC Inc or generate 0.0% return on investment in AFLAC over 30 days. AFLAC is related to or competes with Liberty Media, Check Point, Centaur Media, Melia Hotels, AcadeMedia, Playtech Plc, and Concurrent Technologies. More
AFLAC 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 AFLAC'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 AFLAC Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 1.78 |
AFLAC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFLAC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFLAC's standard deviation. In reality, there are many statistical measures that can use AFLAC historical prices to predict the future AFLAC's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.20) |
AFLAC Inc Backtested Returns
AFLAC Inc secures Sharpe Ratio (or Efficiency) of -0.0266, which signifies that the company had a -0.0266% return per unit of return volatility over the last 3 months. AFLAC Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AFLAC's Risk Adjusted Performance of (0.02), mean deviation of 0.9385, and Coefficient Of Variation of (3,757) to double-check the risk estimate we provide. 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, AFLAC's returns are expected to increase less than the market. However, during the bear market, the loss of holding AFLAC is expected to be smaller as well. At this point, AFLAC Inc has a negative expected return of -0.034%. Please make sure to confirm AFLAC's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if AFLAC Inc performance from the past will be repeated in the future.
Auto-correlation | -0.82 |
Excellent reverse predictability
AFLAC Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between AFLAC time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 AFLAC Inc price movement. The serial correlation of -0.82 indicates that around 82.0% of current AFLAC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 14.87 |
AFLAC Inc lagged returns against current returns
Autocorrelation, which is AFLAC 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 AFLAC's stock expected returns. We can calculate the autocorrelation of AFLAC returns to help us make a trade decision. For example, suppose you find that AFLAC 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 |
AFLAC 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 AFLAC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFLAC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFLAC stock over time.
Current vs Lagged Prices |
| Timeline |
AFLAC Lagged Returns
When evaluating AFLAC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFLAC stock have on its future price. AFLAC 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, AFLAC autocorrelation shows the relationship between AFLAC stock current value and its past values and can show if there is a momentum factor associated with investing in AFLAC Inc.
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 AFLAC Stock Analysis
When running AFLAC's price analysis, check to measure AFLAC'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 AFLAC is operating at the current time. Most of AFLAC's value examination focuses on studying past and present price action to predict the probability of AFLAC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AFLAC's price. Additionally, you may evaluate how the addition of AFLAC to your portfolios can decrease your overall portfolio volatility.