Australian Foundation (Australia) Market Value
| AFI Stock | 7.50 0.02 0.27% |
| Symbol | Australian |
Australian Foundation '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 Australian Foundation'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 Australian Foundation.
| 09/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Australian Foundation on September 28, 2024 and sell it all today you would earn a total of 0.00 from holding Australian Foundation Investment or generate 0.0% return on investment in Australian Foundation over 60 days. Australian Foundation is related to or competes with GQG Partners, MFF Capital, Metrics Master, BKI Investment, and Australian United. Australian Foundation is entity of Australia More
Australian Foundation 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 Australian Foundation'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 Australian Foundation Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4484 | |||
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 1.76 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.6729 |
Australian Foundation Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian Foundation's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian Foundation's standard deviation. In reality, there are many statistical measures that can use Australian Foundation historical prices to predict the future Australian Foundation's volatility.| Risk Adjusted Performance | 0.0472 | |||
| Jensen Alpha | 0.0089 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.23) | |||
| Treynor Ratio | 0.223 |
Australian Foundation Backtested Returns
Currently, Australian Foundation Investment is very steady. Australian Foundation secures Sharpe Ratio (or Efficiency) of 0.0797, which signifies that the company had a 0.0797% return per unit of risk over the last 3 months. We have found thirty technical indicators for Australian Foundation Investment, which you can use to evaluate the volatility of the firm. Please confirm Australian Foundation's Downside Deviation of 0.4484, risk adjusted performance of 0.0472, and Mean Deviation of 0.3103 to double-check if the risk estimate we provide is consistent with the expected return of 0.0319%. Australian Foundation has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0867, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Australian Foundation's returns are expected to increase less than the market. However, during the bear market, the loss of holding Australian Foundation is expected to be smaller as well. Australian Foundation right now shows a risk of 0.4%. Please confirm Australian Foundation jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if Australian Foundation will be following its price patterns.
Auto-correlation | 0.19 |
Very weak predictability
Australian Foundation Investment has very weak predictability. Overlapping area represents the amount of predictability between Australian Foundation time series from 28th of September 2024 to 28th of October 2024 and 28th of October 2024 to 27th 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 Australian Foundation price movement. The serial correlation of 0.19 indicates that over 19.0% of current Australian Foundation price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Australian Foundation lagged returns against current returns
Autocorrelation, which is Australian Foundation 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 Australian Foundation's stock expected returns. We can calculate the autocorrelation of Australian Foundation returns to help us make a trade decision. For example, suppose you find that Australian Foundation 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 |
Australian Foundation 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 Australian Foundation stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian Foundation stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian Foundation stock over time.
Current vs Lagged Prices |
| Timeline |
Australian Foundation Lagged Returns
When evaluating Australian Foundation's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian Foundation stock have on its future price. Australian Foundation 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, Australian Foundation autocorrelation shows the relationship between Australian Foundation stock current value and its past values and can show if there is a momentum factor associated with investing in Australian Foundation Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Australian Stock Analysis
When running Australian Foundation's price analysis, check to measure Australian Foundation'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 Australian Foundation is operating at the current time. Most of Australian Foundation's value examination focuses on studying past and present price action to predict the probability of Australian Foundation's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian Foundation's price. Additionally, you may evaluate how the addition of Australian Foundation to your portfolios can decrease your overall portfolio volatility.