Aeris Environmental (Australia) Market Value
| AEI Stock | 0.09 0.01 9.76% |
| Symbol | Aeris |
Aeris Environmental '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 Aeris Environmental'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 Aeris Environmental.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aeris Environmental on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aeris Environmental or generate 0.0% return on investment in Aeris Environmental over 30 days. Aeris Environmental is related to or competes with Champion Iron, Tombador Iron, Environmental, Vulcan Steel, Red Hill, and Mount Gibson. Aeris Environmental is entity of Australia More
Aeris Environmental 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 Aeris Environmental'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 Aeris Environmental upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.08 | |||
| Information Ratio | 0.0602 | |||
| Maximum Drawdown | 28.92 | |||
| Value At Risk | (4.65) | |||
| Potential Upside | 6.15 |
Aeris Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aeris Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aeris Environmental's standard deviation. In reality, there are many statistical measures that can use Aeris Environmental historical prices to predict the future Aeris Environmental's volatility.| Risk Adjusted Performance | 0.0764 | |||
| Jensen Alpha | 0.3352 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 1.04 |
Aeris Environmental Backtested Returns
Aeris Environmental appears to be out of control, given 3 months investment horizon. Aeris Environmental secures Sharpe Ratio (or Efficiency) of 0.0904, which signifies that the company had a 0.0904% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aeris Environmental, which you can use to evaluate the volatility of the firm. Please makes use of Aeris Environmental's Downside Deviation of 5.08, mean deviation of 2.6, and Risk Adjusted Performance of 0.0764 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aeris Environmental holds a performance score of 7. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aeris Environmental's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aeris Environmental is expected to be smaller as well. Please check Aeris Environmental's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Aeris Environmental's price patterns will revert.
Auto-correlation | 0.52 |
Modest predictability
Aeris Environmental has modest predictability. Overlapping area represents the amount of predictability between Aeris Environmental time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Aeris Environmental price movement. The serial correlation of 0.52 indicates that about 52.0% of current Aeris Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Aeris Environmental lagged returns against current returns
Autocorrelation, which is Aeris Environmental 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 Aeris Environmental's stock expected returns. We can calculate the autocorrelation of Aeris Environmental returns to help us make a trade decision. For example, suppose you find that Aeris Environmental 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 |
Aeris Environmental 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 Aeris Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aeris Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aeris Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Aeris Environmental Lagged Returns
When evaluating Aeris Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aeris Environmental stock have on its future price. Aeris Environmental 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, Aeris Environmental autocorrelation shows the relationship between Aeris Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Aeris Environmental.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Aeris Stock Analysis
When running Aeris Environmental's price analysis, check to measure Aeris Environmental'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 Aeris Environmental is operating at the current time. Most of Aeris Environmental's value examination focuses on studying past and present price action to predict the probability of Aeris Environmental's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aeris Environmental's price. Additionally, you may evaluate how the addition of Aeris Environmental to your portfolios can decrease your overall portfolio volatility.