Aurelius Technologies (Malaysia) Market Value
| 5302 Stock | 2.90 0.08 2.84% |
| Symbol | Aurelius |
Aurelius Technologies '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 Aurelius Technologies' 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 Aurelius Technologies.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Aurelius Technologies on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Aurelius Technologies Bhd or generate 0.0% return on investment in Aurelius Technologies over 300 days. Aurelius Technologies is related to or competes with PIE Industrial, Binasat Communications, Central Industrial, Diversified Gateway, and Icon Offshore. More
Aurelius Technologies 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 Aurelius Technologies' 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 Aurelius Technologies Bhd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 11.42 | |||
| Value At Risk | (2.75) | |||
| Potential Upside | 2.45 |
Aurelius Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurelius Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurelius Technologies' standard deviation. In reality, there are many statistical measures that can use Aurelius Technologies historical prices to predict the future Aurelius Technologies' volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.7401 |
Aurelius Technologies Bhd Backtested Returns
Aurelius Technologies Bhd secures Sharpe Ratio (or Efficiency) of -0.0173, which signifies that the company had a -0.0173% return per unit of risk over the last 3 months. Aurelius Technologies Bhd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aurelius Technologies' Standard Deviation of 1.9, mean deviation of 1.21, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.25, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aurelius Technologies are expected to decrease at a much lower rate. During the bear market, Aurelius Technologies is likely to outperform the market. At this point, Aurelius Technologies Bhd has a negative expected return of -0.0323%. Please make sure to confirm Aurelius Technologies' treynor ratio, value at risk, and the relationship between the total risk alpha and maximum drawdown , to decide if Aurelius Technologies Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.63 |
Very good reverse predictability
Aurelius Technologies Bhd has very good reverse predictability. Overlapping area represents the amount of predictability between Aurelius Technologies time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Aurelius Technologies Bhd price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Aurelius Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Aurelius Technologies Bhd lagged returns against current returns
Autocorrelation, which is Aurelius Technologies 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 Aurelius Technologies' stock expected returns. We can calculate the autocorrelation of Aurelius Technologies returns to help us make a trade decision. For example, suppose you find that Aurelius Technologies 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 |
Aurelius Technologies 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 Aurelius Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurelius Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurelius Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Aurelius Technologies Lagged Returns
When evaluating Aurelius Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurelius Technologies stock have on its future price. Aurelius Technologies 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, Aurelius Technologies autocorrelation shows the relationship between Aurelius Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Aurelius Technologies Bhd.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Aurelius Stock
Aurelius Technologies financial ratios help investors to determine whether Aurelius Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Aurelius with respect to the benefits of owning Aurelius Technologies security.