Adneo (Australia) Market Value
| AD1 Stock | 0.03 0.00 0.00% |
| Symbol | Adneo |
Adneo '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 Adneo'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 Adneo.
| 02/01/2024 |
| 01/21/2026 |
If you would invest 0.00 in Adneo on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding Adneo or generate 0.0% return on investment in Adneo over 720 days. Adneo is related to or competes with Retail Food, Djerriwarrh Investments, Rural Funds, Insurance Australia, Group 6, and Diversified United. Adneo is entity of Australia. It is traded as Stock on AU exchange. More
Adneo 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 Adneo'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 Adneo upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 18.8 | |||
| Value At Risk | (6.98) | |||
| Potential Upside | 2.86 |
Adneo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adneo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adneo's standard deviation. In reality, there are many statistical measures that can use Adneo historical prices to predict the future Adneo's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.47) | |||
| Treynor Ratio | 0.2748 |
Adneo Backtested Returns
Adneo secures Sharpe Ratio (or Efficiency) of -0.0198, which signifies that the company had a -0.0198 % return per unit of risk over the last 3 months. Adneo exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Adneo's Mean Deviation of 1.34, standard deviation of 2.86, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.78, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Adneo are expected to decrease at a much lower rate. During the bear market, Adneo is likely to outperform the market. At this point, Adneo has a negative expected return of -0.0554%. Please make sure to confirm Adneo's variance, jensen alpha, value at risk, as well as the relationship between the information ratio and maximum drawdown , to decide if Adneo performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Adneo has good predictability. Overlapping area represents the amount of predictability between Adneo time series from 1st of February 2024 to 26th of January 2025 and 26th of January 2025 to 21st of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Adneo price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Adneo price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Adneo lagged returns against current returns
Autocorrelation, which is Adneo 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 Adneo's stock expected returns. We can calculate the autocorrelation of Adneo returns to help us make a trade decision. For example, suppose you find that Adneo 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 |
Adneo 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 Adneo stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adneo stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adneo stock over time.
Current vs Lagged Prices |
| Timeline |
Adneo Lagged Returns
When evaluating Adneo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adneo stock have on its future price. Adneo 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, Adneo autocorrelation shows the relationship between Adneo stock current value and its past values and can show if there is a momentum factor associated with investing in Adneo.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Adneo Stock Analysis
When running Adneo's price analysis, check to measure Adneo'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 Adneo is operating at the current time. Most of Adneo's value examination focuses on studying past and present price action to predict the probability of Adneo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adneo's price. Additionally, you may evaluate how the addition of Adneo to your portfolios can decrease your overall portfolio volatility.