Aboitiz Equity's market value is the price at which a share of Aboitiz Equity trades on a public exchange. It measures the collective expectations of Aboitiz Equity Ventures investors about its performance. Aboitiz Equity is trading at 6.26 as of the 9th of January 2025; that is No Change since the beginning of the trading day. The stock's open price was 6.26. With this module, you can estimate the performance of a buy and hold strategy of Aboitiz Equity Ventures and determine expected loss or profit from investing in Aboitiz Equity over a given investment horizon. Check out Aboitiz Equity Correlation, Aboitiz Equity Volatility and Aboitiz Equity Alpha and Beta module to complement your research on Aboitiz Equity.
Please note, there is a significant difference between Aboitiz Equity's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aboitiz Equity is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aboitiz Equity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Aboitiz Equity '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 Aboitiz Equity'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 Aboitiz Equity.
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11/10/2024
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In 2 months and 2 days
01/09/2025
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If you would invest 0.00 in Aboitiz Equity on November 10, 2024 and sell it all today you would earn a total of 0.00 from holding Aboitiz Equity Ventures or generate 0.0% return on investment in Aboitiz Equity over 60 days. Aboitiz Equity is related to or competes with Public Service, Connecticut Light, NSTAR Electric, IDACORP, CMS Energy, Pinnacle West, and Alliant Energy. Aboitiz Equity Ventures, Inc., a conglomerate, engages in the power, financial services, food manufacturing, real estate... More
Aboitiz Equity 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 Aboitiz Equity'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 Aboitiz Equity Ventures upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aboitiz Equity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aboitiz Equity's standard deviation. In reality, there are many statistical measures that can use Aboitiz Equity historical prices to predict the future Aboitiz Equity's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Aboitiz Equity. Your research has to be compared to or analyzed against Aboitiz Equity's peers to derive any actionable benefits. When done correctly, Aboitiz Equity's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Aboitiz Equity Ventures.
Aboitiz Equity Ventures Backtested Returns
At this stage we consider Aboitiz Pink Sheet to be not too volatile. Aboitiz Equity Ventures secures Sharpe Ratio (or Efficiency) of 2.0E-4, which signifies that the company had a 2.0E-4% return per unit of risk over the last 3 months. We have found sixteen technical indicators for Aboitiz Equity Ventures, which you can use to evaluate the volatility of the firm. Please confirm Aboitiz Equity's Standard Deviation of 1.01, risk adjusted performance of 0.0022, and Mean Deviation of 0.174 to double-check if the risk estimate we provide is consistent with the expected return of 2.0E-4%. The firm shows a Beta (market volatility) of -0.11, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aboitiz Equity are expected to decrease at a much lower rate. During the bear market, Aboitiz Equity is likely to outperform the market. Aboitiz Equity Ventures right now shows a risk of 1.03%. Please confirm Aboitiz Equity Ventures variance, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Aboitiz Equity Ventures will be following its price patterns.
Auto-correlation
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No correlation between past and present
Aboitiz Equity Ventures has no correlation between past and present. Overlapping area represents the amount of predictability between Aboitiz Equity time series from 10th of November 2024 to 10th of December 2024 and 10th of December 2024 to 9th of January 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 Aboitiz Equity Ventures price movement. The serial correlation of 0.0 indicates that just 0.0% of current Aboitiz Equity price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
0.48
Residual Average
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Price Variance
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Aboitiz Equity Ventures lagged returns against current returns
Autocorrelation, which is Aboitiz Equity 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 Aboitiz Equity's pink sheet expected returns. We can calculate the autocorrelation of Aboitiz Equity returns to help us make a trade decision. For example, suppose you find that Aboitiz Equity 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
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Aboitiz Equity 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 Aboitiz Equity pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aboitiz Equity pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aboitiz Equity pink sheet over time.
Current vs Lagged Prices
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Aboitiz Equity Lagged Returns
When evaluating Aboitiz Equity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aboitiz Equity pink sheet have on its future price. Aboitiz Equity 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, Aboitiz Equity autocorrelation shows the relationship between Aboitiz Equity pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aboitiz Equity Ventures.
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.
When running Aboitiz Equity's price analysis, check to measure Aboitiz Equity'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 Aboitiz Equity is operating at the current time. Most of Aboitiz Equity's value examination focuses on studying past and present price action to predict the probability of Aboitiz Equity's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aboitiz Equity's price. Additionally, you may evaluate how the addition of Aboitiz Equity to your portfolios can decrease your overall portfolio volatility.