Aflac Incorporated (Germany) Market Value
| AFL Stock | EUR 108.40 0.50 0.46% |
| Symbol | Aflac |
Aflac Incorporated '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 Aflac Incorporated'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 Aflac Incorporated.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aflac Incorporated on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aflac Incorporated or generate 0.0% return on investment in Aflac Incorporated over 30 days. Aflac Incorporated is related to or competes with Evolution Mining, UNIVMUSIC GRPADR/050, UNIVERSAL MUSIC, Lion One, MHP Hotel, and InterContinental. More
Aflac Incorporated 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 Aflac Incorporated'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 Aflac Incorporated upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | 0.0205 | |||
| Maximum Drawdown | 6.18 | |||
| Value At Risk | (1.76) | |||
| Potential Upside | 2.19 |
Aflac Incorporated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aflac Incorporated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aflac Incorporated's standard deviation. In reality, there are many statistical measures that can use Aflac Incorporated historical prices to predict the future Aflac Incorporated's volatility.| Risk Adjusted Performance | 0.0937 | |||
| Jensen Alpha | 0.1441 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0227 | |||
| Treynor Ratio | (8.17) |
Aflac Incorporated Backtested Returns
At this point, Aflac Incorporated is very steady. Aflac Incorporated secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aflac Incorporated, which you can use to evaluate the volatility of the firm. Please confirm Aflac Incorporated's Downside Deviation of 1.18, risk adjusted performance of 0.0937, and Mean Deviation of 0.9704 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Aflac Incorporated has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0174, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aflac Incorporated are expected to decrease at a much lower rate. During the bear market, Aflac Incorporated is likely to outperform the market. Aflac Incorporated right now shows a risk of 1.31%. Please confirm Aflac Incorporated jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to decide if Aflac Incorporated will be following its price patterns.
Auto-correlation | 0.84 |
Very good predictability
Aflac Incorporated has very good predictability. Overlapping area represents the amount of predictability between Aflac Incorporated 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 Aflac Incorporated price movement. The serial correlation of 0.84 indicates that around 84.0% of current Aflac Incorporated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.84 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 3.02 |
Aflac Incorporated lagged returns against current returns
Autocorrelation, which is Aflac Incorporated 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 Aflac Incorporated's stock expected returns. We can calculate the autocorrelation of Aflac Incorporated returns to help us make a trade decision. For example, suppose you find that Aflac Incorporated 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 |
Aflac Incorporated 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 Aflac Incorporated stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aflac Incorporated stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aflac Incorporated stock over time.
Current vs Lagged Prices |
| Timeline |
Aflac Incorporated Lagged Returns
When evaluating Aflac Incorporated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aflac Incorporated stock have on its future price. Aflac Incorporated 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, Aflac Incorporated autocorrelation shows the relationship between Aflac Incorporated stock current value and its past values and can show if there is a momentum factor associated with investing in Aflac Incorporated.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Information and Resources on Investing in Aflac Stock
When determining whether Aflac Incorporated is a strong investment it is important to analyze Aflac Incorporated's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aflac Incorporated's future performance. For an informed investment choice regarding Aflac Stock, refer to the following important reports:Check out Aflac Incorporated Correlation, Aflac Incorporated Volatility and Aflac Incorporated Alpha and Beta module to complement your research on Aflac Incorporated. For information on how to trade Aflac Stock refer to our How to Trade Aflac Stock guide.You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.
Aflac Incorporated technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.