Aker ASA (UK) Market Value
| 0MJX Stock | 583.50 12.93 2.27% |
| Symbol | Aker |
Aker ASA '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 Aker ASA'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 Aker ASA.
| 02/07/2025 |
| 03/09/2025 |
If you would invest 0.00 in Aker ASA on February 7, 2025 and sell it all today you would earn a total of 0.00 from holding Aker ASA or generate 0.0% return on investment in Aker ASA over 30 days. Aker ASA is related to or competes with Vienna Insurance, European Metals, Air Products, Wheaton Precious, Taiwan Semiconductor, Rheinmetall, and Resolute Mining. Aker ASA is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Aker ASA 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 Aker ASA'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 Aker ASA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.0494 | |||
| Maximum Drawdown | 9.12 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.18 |
Aker ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aker ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aker ASA's standard deviation. In reality, there are many statistical measures that can use Aker ASA historical prices to predict the future Aker ASA's volatility.| Risk Adjusted Performance | 0.0078 | |||
| Jensen Alpha | 0.0152 | |||
| Total Risk Alpha | 0.1336 | |||
| Sortino Ratio | 0.0497 | |||
| Treynor Ratio | (0.02) |
Aker ASA Backtested Returns
Currently, Aker ASA is very steady. Aker ASA secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aker ASA, which you can use to evaluate the volatility of the firm. Please confirm Aker ASA's mean deviation of 1.02, and Risk Adjusted Performance of 0.0078 to double-check if the risk estimate we provide is consistent with the expected return of 0.0142%. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aker ASA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aker ASA is expected to be smaller as well. Aker ASA right now shows a risk of 1.44%. Please confirm Aker ASA mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Aker ASA will be following its price patterns.
Auto-correlation | -0.86 |
Excellent reverse predictability
Aker ASA has excellent reverse predictability. Overlapping area represents the amount of predictability between Aker ASA time series from 7th of February 2025 to 22nd of February 2025 and 22nd of February 2025 to 9th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Aker ASA price movement. The serial correlation of -0.86 indicates that approximately 86.0% of current Aker ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.86 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 447.68 |
Aker ASA lagged returns against current returns
Autocorrelation, which is Aker ASA 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 Aker ASA's stock expected returns. We can calculate the autocorrelation of Aker ASA returns to help us make a trade decision. For example, suppose you find that Aker ASA 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 |
Aker ASA 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 Aker ASA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aker ASA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aker ASA stock over time.
Current vs Lagged Prices |
| Timeline |
Aker ASA Lagged Returns
When evaluating Aker ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aker ASA stock have on its future price. Aker ASA 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, Aker ASA autocorrelation shows the relationship between Aker ASA stock current value and its past values and can show if there is a momentum factor associated with investing in Aker ASA.
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 Aker Stock Analysis
When running Aker ASA's price analysis, check to measure Aker ASA'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 Aker ASA is operating at the current time. Most of Aker ASA's value examination focuses on studying past and present price action to predict the probability of Aker ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aker ASA's price. Additionally, you may evaluate how the addition of Aker ASA to your portfolios can decrease your overall portfolio volatility.