Asahi Group (Germany) Market Value
| ABW Stock | EUR 9.89 0.04 0.41% |
| Symbol | Asahi |
Asahi 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 Asahi 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 Asahi Group.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Asahi Group on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Asahi Group Holdings or generate 0.0% return on investment in Asahi Group over 720 days. Asahi Group is related to or competes with Microchip Technology, SOFI TECHNOLOGIES, PKSHA TECHNOLOGY, Sunny Optical, and FARO Technologies. Asahi Group Holdings, Ltd. manufactures and sells alcoholic beverages, soft drinks, and food products in Japan and inter... More
Asahi 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 Asahi 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 Asahi Group Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 12.33 | |||
| Value At Risk | (3.27) | |||
| Potential Upside | 3.47 |
Asahi Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asahi Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asahi Group's standard deviation. In reality, there are many statistical measures that can use Asahi Group historical prices to predict the future Asahi Group's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.24) |
Asahi Group Holdings Backtested Returns
Asahi Group Holdings secures Sharpe Ratio (or Efficiency) of -0.0745, which signifies that the company had a -0.0745% return per unit of standard deviation over the last 3 months. Asahi Group Holdings exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asahi Group's mean deviation of 1.6, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.69, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asahi Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asahi Group is expected to be smaller as well. At this point, Asahi Group Holdings has a negative expected return of -0.16%. Please make sure to confirm Asahi Group's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and total risk alpha , to decide if Asahi Group Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Asahi Group Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Asahi Group time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Asahi Group Holdings price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Asahi Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Asahi Group Holdings lagged returns against current returns
Autocorrelation, which is Asahi 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 Asahi Group's stock expected returns. We can calculate the autocorrelation of Asahi Group returns to help us make a trade decision. For example, suppose you find that Asahi 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 |
Asahi 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 Asahi Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asahi Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asahi Group stock over time.
Current vs Lagged Prices |
| Timeline |
Asahi Group Lagged Returns
When evaluating Asahi Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asahi Group stock have on its future price. Asahi 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, Asahi Group autocorrelation shows the relationship between Asahi Group stock current value and its past values and can show if there is a momentum factor associated with investing in Asahi Group Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Asahi Stock
Asahi Group financial ratios help investors to determine whether Asahi 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 Asahi with respect to the benefits of owning Asahi Group security.