Aberdeen Diversified (UK) Market Value
| ADIG Stock | 43.30 1.20 2.85% |
| Symbol | Aberdeen |
Aberdeen Diversified '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 Diversified'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 Aberdeen Diversified.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Aberdeen Diversified on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Aberdeen Diversified Income or generate 0.0% return on investment in Aberdeen Diversified over 720 days. Aberdeen Diversified is related to or competes with CATCo Reinsurance, Intermediate Capital, FC Investment, and Polar Capital. Aberdeen Diversified is entity of United Kingdom More
Aberdeen Diversified 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 Diversified'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 Aberdeen Diversified Income upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 12.45 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 3.79 |
Aberdeen Diversified Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Diversified's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Diversified's standard deviation. In reality, there are many statistical measures that can use Aberdeen Diversified historical prices to predict the future Aberdeen Diversified's volatility.| Risk Adjusted Performance | 0.0234 | |||
| Jensen Alpha | 0.0623 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0.19) |
Aberdeen Diversified Backtested Returns
Currently, Aberdeen Diversified Income is very steady. Aberdeen Diversified secures Sharpe Ratio (or Efficiency) of 0.0018, which signifies that the company had a 0.0018% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Aberdeen Diversified Income, which you can use to evaluate the volatility of the firm. Please confirm Aberdeen Diversified's risk adjusted performance of 0.0234, and Mean Deviation of 1.56 to double-check if the risk estimate we provide is consistent with the expected return of 0.0038%. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aberdeen Diversified are expected to decrease at a much lower rate. During the bear market, Aberdeen Diversified is likely to outperform the market. Aberdeen Diversified right now shows a risk of 2.13%. Please confirm Aberdeen Diversified downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Aberdeen Diversified will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Aberdeen Diversified Income has poor reverse predictability. Overlapping area represents the amount of predictability between Aberdeen Diversified time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Diversified price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Aberdeen Diversified price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 3.55 |
Aberdeen Diversified lagged returns against current returns
Autocorrelation, which is Aberdeen Diversified 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 Diversified's stock expected returns. We can calculate the autocorrelation of Aberdeen Diversified returns to help us make a trade decision. For example, suppose you find that Aberdeen Diversified 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 |
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Aberdeen Diversified 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 Diversified stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Diversified stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Diversified stock over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Diversified Lagged Returns
When evaluating Aberdeen Diversified's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Diversified stock have on its future price. Aberdeen Diversified 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 Diversified autocorrelation shows the relationship between Aberdeen Diversified stock current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Diversified Income.
Regressed Prices |
| Timeline |
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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.Additional Tools for Aberdeen Stock Analysis
When running Aberdeen Diversified's price analysis, check to measure Aberdeen Diversified'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 Aberdeen Diversified is operating at the current time. Most of Aberdeen Diversified's value examination focuses on studying past and present price action to predict the probability of Aberdeen Diversified's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aberdeen Diversified's price. Additionally, you may evaluate how the addition of Aberdeen Diversified to your portfolios can decrease your overall portfolio volatility.