Arrowhead Pharmaceuticals (UK) Market Value
| 0HI3 Stock | 19.12 0.71 3.86% |
| Symbol | Arrowhead |
Arrowhead Pharmaceuticals '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 Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Arrowhead Pharmaceuticals on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Arrowhead Pharmaceuticals Corp or generate 0.0% return on investment in Arrowhead Pharmaceuticals over 90 days. Arrowhead Pharmaceuticals is related to or competes with MyHealthChecked Plc, Bellevue Healthcare, Cornish Metals, Bisichi Mining, Endeavour Mining, and Gaztransport. Arrowhead Pharmaceuticals is entity of United Kingdom More
Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 17.23 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 4.47 |
Arrowhead Pharmaceuticals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrowhead Pharmaceuticals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrowhead Pharmaceuticals' standard deviation. In reality, there are many statistical measures that can use Arrowhead Pharmaceuticals historical prices to predict the future Arrowhead Pharmaceuticals' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.29) |
Arrowhead Pharmaceuticals Backtested Returns
Arrowhead Pharmaceuticals secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Arrowhead Pharmaceuticals Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arrowhead Pharmaceuticals' Mean Deviation of 2.24, risk adjusted performance of (0.1), and Standard Deviation of 2.95 to double-check the risk estimate we provide. 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, Arrowhead Pharmaceuticals will likely underperform. At this point, Arrowhead Pharmaceuticals has a negative expected return of -0.31%. Please make sure to confirm Arrowhead Pharmaceuticals' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Arrowhead Pharmaceuticals performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.23 |
Weak predictability
Arrowhead Pharmaceuticals Corp has weak predictability. Overlapping area represents the amount of predictability between Arrowhead Pharmaceuticals time series from 28th of August 2024 to 12th of October 2024 and 12th of October 2024 to 26th 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 Arrowhead Pharmaceuticals price movement. The serial correlation of 0.23 indicates that over 23.0% of current Arrowhead Pharmaceuticals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Arrowhead Pharmaceuticals lagged returns against current returns
Autocorrelation, which is Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals' stock expected returns. We can calculate the autocorrelation of Arrowhead Pharmaceuticals returns to help us make a trade decision. For example, suppose you find that Arrowhead Pharmaceuticals 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 |
Arrowhead Pharmaceuticals 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 Arrowhead Pharmaceuticals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrowhead Pharmaceuticals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrowhead Pharmaceuticals stock over time.
Current vs Lagged Prices |
| Timeline |
Arrowhead Pharmaceuticals Lagged Returns
When evaluating Arrowhead Pharmaceuticals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrowhead Pharmaceuticals stock have on its future price. Arrowhead Pharmaceuticals 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, Arrowhead Pharmaceuticals autocorrelation shows the relationship between Arrowhead Pharmaceuticals stock current value and its past values and can show if there is a momentum factor associated with investing in Arrowhead Pharmaceuticals 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 Arrowhead Stock Analysis
When running Arrowhead Pharmaceuticals' price analysis, check to measure Arrowhead Pharmaceuticals' 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 Arrowhead Pharmaceuticals is operating at the current time. Most of Arrowhead Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Arrowhead Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrowhead Pharmaceuticals' price. Additionally, you may evaluate how the addition of Arrowhead Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.