Audalia Resources (Australia) Market Value
| ACP Stock | 0.02 0 9.09% |
| Symbol | Audalia |
Audalia Resources '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 Audalia Resources' 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 Audalia Resources.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Audalia Resources on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Audalia Resources or generate 0.0% return on investment in Audalia Resources over 30 days. Audalia Resources is related to or competes with Ras Technology, G8 Education, and Norfolk Metals. Audalia Resources is entity of Australia More
Audalia Resources 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 Audalia Resources' 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 Audalia Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 9.76 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.76 |
Audalia Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Audalia Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Audalia Resources' standard deviation. In reality, there are many statistical measures that can use Audalia Resources historical prices to predict the future Audalia Resources' volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | (1.25) |
Audalia Resources Backtested Returns
Audalia Resources secures Sharpe Ratio (or Efficiency) of -0.0573, which signifies that the company had a -0.0573 % return per unit of standard deviation over the last 3 months. Audalia Resources exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Audalia Resources' risk adjusted performance of (0.04), and Mean Deviation of 0.9554 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Audalia Resources' returns are expected to increase less than the market. However, during the bear market, the loss of holding Audalia Resources is expected to be smaller as well. At this point, Audalia Resources has a negative expected return of -0.13%. Please make sure to confirm Audalia Resources' mean deviation, standard deviation, information ratio, as well as the relationship between the coefficient of variation and variance , to decide if Audalia Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.10 |
Insignificant predictability
Audalia Resources has insignificant predictability. Overlapping area represents the amount of predictability between Audalia Resources time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Audalia Resources price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Audalia Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Audalia Resources lagged returns against current returns
Autocorrelation, which is Audalia Resources 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 Audalia Resources' stock expected returns. We can calculate the autocorrelation of Audalia Resources returns to help us make a trade decision. For example, suppose you find that Audalia Resources 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 |
Audalia Resources 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 Audalia Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Audalia Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Audalia Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Audalia Resources Lagged Returns
When evaluating Audalia Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Audalia Resources stock have on its future price. Audalia Resources 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, Audalia Resources autocorrelation shows the relationship between Audalia Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Audalia Resources.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Audalia Stock Analysis
When running Audalia Resources' price analysis, check to measure Audalia Resources' 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 Audalia Resources is operating at the current time. Most of Audalia Resources' value examination focuses on studying past and present price action to predict the probability of Audalia Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Audalia Resources' price. Additionally, you may evaluate how the addition of Audalia Resources to your portfolios can decrease your overall portfolio volatility.