Alibaba Group (Germany) Market Value
| 2RR Stock | EUR 10.50 0.30 2.94% |
| Symbol | Alibaba |
Alibaba Group '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 Alibaba Group'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 Alibaba Group.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Alibaba Group on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Alibaba Group Holding or generate 0.0% return on investment in Alibaba Group over 30 days. Alibaba Group is related to or competes with Strategic Investments, SEI INVESTMENTS, WisdomTree Investments, SHIP HEALTHCARE, SLR Investment, PennantPark Investment, and ATRYS HEALTH. Raging River Exploration Inc. engages in the exploration, development, and production of crude oil and natural gas prope... More
Alibaba Group 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 Alibaba Group'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 Alibaba Group Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.0 | |||
| Information Ratio | 0.0196 | |||
| Maximum Drawdown | 17.12 | |||
| Value At Risk | (5.82) | |||
| Potential Upside | 5.29 |
Alibaba Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alibaba Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alibaba Group's standard deviation. In reality, there are many statistical measures that can use Alibaba Group historical prices to predict the future Alibaba Group's volatility.| Risk Adjusted Performance | 0.0588 | |||
| Jensen Alpha | 0.1136 | |||
| Total Risk Alpha | (0.30) | |||
| Sortino Ratio | 0.0189 | |||
| Treynor Ratio | 0.3325 |
Alibaba Group Holding Backtested Returns
Alibaba Group appears to be somewhat reliable, given 3 months investment horizon. Alibaba Group Holding secures Sharpe Ratio (or Efficiency) of 0.0724, which signifies that the company had a 0.0724% return per unit of risk over the last 3 months. We have found thirty technical indicators for Alibaba Group Holding, which you can use to evaluate the volatility of the firm. Please makes use of Alibaba Group's Downside Deviation of 3.0, mean deviation of 2.09, and Risk Adjusted Performance of 0.0588 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alibaba Group holds a performance score of 5. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alibaba Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alibaba Group is expected to be smaller as well. Please check Alibaba Group's semi deviation, jensen alpha, maximum drawdown, as well as the relationship between the coefficient of variation and sortino ratio , to make a quick decision on whether Alibaba Group's price patterns will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
Alibaba Group Holding has very good reverse predictability. Overlapping area represents the amount of predictability between Alibaba Group time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Alibaba Group Holding price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Alibaba Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Alibaba Group Holding lagged returns against current returns
Autocorrelation, which is Alibaba Group 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 Alibaba Group's stock expected returns. We can calculate the autocorrelation of Alibaba Group returns to help us make a trade decision. For example, suppose you find that Alibaba Group 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 |
Alibaba Group 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 Alibaba Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alibaba Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alibaba Group stock over time.
Current vs Lagged Prices |
| Timeline |
Alibaba Group Lagged Returns
When evaluating Alibaba Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alibaba Group stock have on its future price. Alibaba Group 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, Alibaba Group autocorrelation shows the relationship between Alibaba Group stock current value and its past values and can show if there is a momentum factor associated with investing in Alibaba Group Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Alibaba Stock
When determining whether Alibaba Group Holding offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Alibaba Group's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Alibaba Group Holding Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Alibaba Group Holding Stock:Check out Alibaba Group Correlation, Alibaba Group Volatility and Alibaba Group Alpha and Beta module to complement your research on Alibaba Group. You can also try the Portfolio Comparator module to compare the composition, asset allocations and performance of any two portfolios in your account.
Alibaba Group technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.