Aberdeen Income Credit Preferred Stock Market Value
| ACP-PA Preferred Stock | 23.64 0.36 1.50% |
| Symbol | Aberdeen |
Aberdeen Income '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 Aberdeen Income's preferred 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 Aberdeen Income.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Aberdeen Income on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Income Credit or generate 0.0% return on investment in Aberdeen Income over 30 days. Aberdeen Income is related to or competes with Gabelli Equity, Gabelli Equity, Gabelli Utility, GAMCO Global, and Gabelli Multimedia. More
Aberdeen Income 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 Aberdeen Income's preferred 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 Aberdeen Income Credit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.38 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 6.49 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.1 |
Aberdeen Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Income's standard deviation. In reality, there are many statistical measures that can use Aberdeen Income historical prices to predict the future Aberdeen Income's volatility.| Risk Adjusted Performance | 0.0278 | |||
| Jensen Alpha | 0.047 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | (0.17) |
Aberdeen Income Credit Backtested Returns
At this point, Aberdeen Income is very steady. Aberdeen Income Credit secures Sharpe Ratio (or Efficiency) of 0.0154, which signifies that the company had a 0.0154% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aberdeen Income Credit, which you can use to evaluate the volatility of the firm. Please confirm Aberdeen Income's mean deviation of 0.781, and Risk Adjusted Performance of 0.0278 to double-check if the risk estimate we provide is consistent with the expected return of 0.0186%. Aberdeen Income has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aberdeen Income are expected to decrease at a much lower rate. During the bear market, Aberdeen Income is likely to outperform the market. Aberdeen Income Credit right now shows a risk of 1.21%. Please confirm Aberdeen Income Credit treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Aberdeen Income Credit will be following its price patterns.
Auto-correlation | 0.21 |
Weak predictability
Aberdeen Income Credit has weak predictability. Overlapping area represents the amount of predictability between Aberdeen Income time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 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 Aberdeen Income Credit price movement. The serial correlation of 0.21 indicates that over 21.0% of current Aberdeen Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Aberdeen Income Credit lagged returns against current returns
Autocorrelation, which is Aberdeen Income preferred 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 Aberdeen Income's preferred stock expected returns. We can calculate the autocorrelation of Aberdeen Income returns to help us make a trade decision. For example, suppose you find that Aberdeen Income has exhibited high autocorrelation historically, and you observe that the preferred 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 |
Aberdeen Income 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 Aberdeen Income preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Income preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Income preferred stock over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Income Lagged Returns
When evaluating Aberdeen Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Income preferred stock have on its future price. Aberdeen Income 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, Aberdeen Income autocorrelation shows the relationship between Aberdeen Income preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Income Credit.
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 Aberdeen Preferred Stock
Aberdeen Income financial ratios help investors to determine whether Aberdeen Preferred 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 Aberdeen with respect to the benefits of owning Aberdeen Income security.