Abrdn PLC (UK) Market Value
| ABDN Stock | 137.60 0.15 0.11% |
| Symbol | Abrdn |
Abrdn PLC '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 Abrdn PLC'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 Abrdn PLC.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Abrdn PLC on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Abrdn PLC or generate 0.0% return on investment in Abrdn PLC over 360 days. Abrdn PLC is related to or competes with Albion Technology, Made Tech, Celebrus Technologies, Cairo Communication, Telecom Italia, and Zoom Video. Abrdn PLC is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Abrdn PLC 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 Abrdn PLC'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 Abrdn PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 15.97 | |||
| Value At Risk | (2.72) | |||
| Potential Upside | 3.01 |
Abrdn PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Abrdn PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Abrdn PLC's standard deviation. In reality, there are many statistical measures that can use Abrdn PLC historical prices to predict the future Abrdn PLC's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | (0.13) |
Abrdn PLC Backtested Returns
Abrdn PLC secures Sharpe Ratio (or Efficiency) of -0.0573, which signifies that the company had a -0.0573% return per unit of risk over the last 3 months. Abrdn PLC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Abrdn PLC's Mean Deviation of 1.44, risk adjusted performance of (0.04), and Standard Deviation of 2.15 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.02, which signifies a somewhat significant risk relative to the market. Abrdn PLC returns are very sensitive to returns on the market. As the market goes up or down, Abrdn PLC is expected to follow. At this point, Abrdn PLC has a negative expected return of -0.12%. Please make sure to confirm Abrdn PLC's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Abrdn PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Abrdn PLC has poor reverse predictability. Overlapping area represents the amount of predictability between Abrdn PLC time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 Abrdn PLC price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Abrdn PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 84.85 |
Abrdn PLC lagged returns against current returns
Autocorrelation, which is Abrdn PLC 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 Abrdn PLC's stock expected returns. We can calculate the autocorrelation of Abrdn PLC returns to help us make a trade decision. For example, suppose you find that Abrdn PLC 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 |
Abrdn PLC 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 Abrdn PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Abrdn PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Abrdn PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Abrdn PLC Lagged Returns
When evaluating Abrdn PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Abrdn PLC stock have on its future price. Abrdn PLC 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, Abrdn PLC autocorrelation shows the relationship between Abrdn PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Abrdn PLC.
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 Abrdn Stock Analysis
When running Abrdn PLC's price analysis, check to measure Abrdn PLC'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 Abrdn PLC is operating at the current time. Most of Abrdn PLC's value examination focuses on studying past and present price action to predict the probability of Abrdn PLC's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Abrdn PLC's price. Additionally, you may evaluate how the addition of Abrdn PLC to your portfolios can decrease your overall portfolio volatility.