Andrew Peller Limited Stock Market Value
| ADW-A Stock | CAD 3.99 0.01 0.25% |
| Symbol | Andrew |
Andrew Peller Limited Price To Book Ratio
Andrew Peller '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 Andrew Peller'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 Andrew Peller.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Andrew Peller on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Andrew Peller Limited or generate 0.0% return on investment in Andrew Peller over 360 days. Andrew Peller is related to or competes with Corby Spirit, Stella Jones, Transcontinental, CCL Industries, and High Liner. Andrew Peller Limited produces and markets wine, spirits, and wine related products More
Andrew Peller 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 Andrew Peller'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 Andrew Peller Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 6.26 | |||
| Value At Risk | (1.65) | |||
| Potential Upside | 2.82 |
Andrew Peller Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andrew Peller's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andrew Peller's standard deviation. In reality, there are many statistical measures that can use Andrew Peller historical prices to predict the future Andrew Peller's volatility.| Risk Adjusted Performance | 0.0531 | |||
| Jensen Alpha | 0.0541 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.4604 |
Andrew Peller Limited Backtested Returns
Currently, Andrew Peller Limited is somewhat reliable. Andrew Peller Limited secures Sharpe Ratio (or Efficiency) of 0.0827, which signifies that the company had a 0.0827% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Andrew Peller Limited, which you can use to evaluate the volatility of the firm. Please confirm Andrew Peller's risk adjusted performance of 0.0531, and Mean Deviation of 0.9778 to double-check if the risk estimate we provide is consistent with the expected return of 0.1%. Andrew Peller has a performance score of 6 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, Andrew Peller's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andrew Peller is expected to be smaller as well. Andrew Peller Limited right now shows a risk of 1.27%. Please confirm Andrew Peller Limited mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Andrew Peller Limited will be following its price patterns.
Auto-correlation | -0.27 |
Weak reverse predictability
Andrew Peller Limited has weak reverse predictability. Overlapping area represents the amount of predictability between Andrew Peller time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd of December 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 Andrew Peller Limited price movement. The serial correlation of -0.27 indicates that nearly 27.0% of current Andrew Peller price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.27 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Andrew Peller Limited lagged returns against current returns
Autocorrelation, which is Andrew Peller 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 Andrew Peller's stock expected returns. We can calculate the autocorrelation of Andrew Peller returns to help us make a trade decision. For example, suppose you find that Andrew Peller 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 |
Andrew Peller 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 Andrew Peller stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andrew Peller stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andrew Peller stock over time.
Current vs Lagged Prices |
| Timeline |
Andrew Peller Lagged Returns
When evaluating Andrew Peller's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andrew Peller stock have on its future price. Andrew Peller 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, Andrew Peller autocorrelation shows the relationship between Andrew Peller stock current value and its past values and can show if there is a momentum factor associated with investing in Andrew Peller Limited.
Regressed Prices |
| Timeline |
Pair Trading with Andrew Peller
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Andrew Peller position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Andrew Peller will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Andrew Peller could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andrew Peller when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Andrew Peller - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Andrew Peller Limited to buy it.
The correlation of Andrew Peller is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Andrew Peller moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andrew Peller Limited moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Andrew Peller can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Andrew Stock Analysis
When running Andrew Peller's price analysis, check to measure Andrew Peller'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 Andrew Peller is operating at the current time. Most of Andrew Peller's value examination focuses on studying past and present price action to predict the probability of Andrew Peller's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Andrew Peller's price. Additionally, you may evaluate how the addition of Andrew Peller to your portfolios can decrease your overall portfolio volatility.