Aia Group Stock Market Value
| AAIGF Stock | USD 7.40 0.32 4.52% |
| Symbol | AIA |
AIA 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 AIA Group's pink sheet 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 AIA Group.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in AIA Group on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding AIA Group or generate 0.0% return on investment in AIA Group over 720 days. AIA Group is related to or competes with Ping An, AIA Group, CNO Financial, MetLife Preferred, FG Annuities, and Prudential Public. AIA Group Limited, together with its subsidiaries, provides life insurance based financial services More
AIA 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 AIA Group's pink sheet 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 AIA Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.67 | |||
| Information Ratio | 0.0398 | |||
| Maximum Drawdown | 19.43 | |||
| Value At Risk | (6.31) | |||
| Potential Upside | 6.53 |
AIA Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AIA Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AIA Group's standard deviation. In reality, there are many statistical measures that can use AIA Group historical prices to predict the future AIA Group's volatility.| Risk Adjusted Performance | 0.0599 | |||
| Jensen Alpha | 0.2452 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0421 | |||
| Treynor Ratio | 2.91 |
AIA Group Backtested Returns
At this point, AIA Group is slightly risky. AIA Group retains Efficiency (Sharpe Ratio) of 0.0472, which signifies that the company had a 0.0472% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AIA Group, which you can use to evaluate the volatility of the firm. Please confirm AIA Group's market risk adjusted performance of 2.92, and Coefficient Of Variation of 1470.98 to double-check if the risk estimate we provide is consistent with the expected return of 0.18%. AIA Group has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.0871, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AIA Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding AIA Group is expected to be smaller as well. AIA Group at this moment owns a risk of 3.91%. Please confirm AIA Group sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if AIA Group will be following its current price history.
Auto-correlation | 0.02 |
Virtually no predictability
AIA Group has virtually no predictability. Overlapping area represents the amount of predictability between AIA Group time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 AIA Group price movement. The serial correlation of 0.02 indicates that only 2.0% of current AIA Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.5 |
AIA Group lagged returns against current returns
Autocorrelation, which is AIA Group pink sheet'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 AIA Group's pink sheet expected returns. We can calculate the autocorrelation of AIA Group returns to help us make a trade decision. For example, suppose you find that AIA Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
AIA 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 AIA Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AIA Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AIA Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
AIA Group Lagged Returns
When evaluating AIA Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AIA Group pink sheet have on its future price. AIA 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, AIA Group autocorrelation shows the relationship between AIA Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in AIA Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AIA Pink Sheet
AIA Group financial ratios help investors to determine whether AIA Pink Sheet 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 AIA with respect to the benefits of owning AIA Group security.