AFRIPRISE INVESTMENT's market value is the price at which a share of AFRIPRISE INVESTMENT trades on a public exchange. It measures the collective expectations of AFRIPRISE INVESTMENT PLC investors about its performance. AFRIPRISE INVESTMENT is trading at 215.00 as of the 2nd of February 2025. This is a 2.27 percent decrease since the beginning of the trading day. The stock's open price was 220.0. With this module, you can estimate the performance of a buy and hold strategy of AFRIPRISE INVESTMENT PLC and determine expected loss or profit from investing in AFRIPRISE INVESTMENT over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in american community survey.
Symbol
AFRIPRISE
AFRIPRISE INVESTMENT '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 AFRIPRISE INVESTMENT'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 AFRIPRISE INVESTMENT.
0.00
01/03/2025
No Change 0.00
0.0
In 31 days
02/02/2025
0.00
If you would invest 0.00 in AFRIPRISE INVESTMENT on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding AFRIPRISE INVESTMENT PLC or generate 0.0% return on investment in AFRIPRISE INVESTMENT over 30 days.
AFRIPRISE INVESTMENT 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 AFRIPRISE INVESTMENT'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 AFRIPRISE INVESTMENT PLC upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for AFRIPRISE INVESTMENT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AFRIPRISE INVESTMENT's standard deviation. In reality, there are many statistical measures that can use AFRIPRISE INVESTMENT historical prices to predict the future AFRIPRISE INVESTMENT's volatility.
AFRIPRISE INVESTMENT PLC secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13 % return per unit of risk over the last 3 months. AFRIPRISE INVESTMENT PLC exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AFRIPRISE INVESTMENT's mean deviation of 0.9649, and Risk Adjusted Performance of (0.1) to double-check the risk estimate we provide. 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, AFRIPRISE INVESTMENT's returns are expected to increase less than the market. However, during the bear market, the loss of holding AFRIPRISE INVESTMENT is expected to be smaller as well. At this point, AFRIPRISE INVESTMENT PLC has a negative expected return of -0.17%. Please make sure to confirm AFRIPRISE INVESTMENT's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if AFRIPRISE INVESTMENT PLC performance from the past will be repeated in the future.
Auto-correlation
0.39
Below average predictability
AFRIPRISE INVESTMENT PLC has below average predictability. Overlapping area represents the amount of predictability between AFRIPRISE INVESTMENT time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AFRIPRISE INVESTMENT PLC price movement. The serial correlation of 0.39 indicates that just about 39.0% of current AFRIPRISE INVESTMENT price fluctuation can be explain by its past prices.
Correlation Coefficient
0.39
Spearman Rank Test
0.5
Residual Average
0.0
Price Variance
5.79
AFRIPRISE INVESTMENT PLC lagged returns against current returns
Autocorrelation, which is AFRIPRISE INVESTMENT 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 AFRIPRISE INVESTMENT's stock expected returns. We can calculate the autocorrelation of AFRIPRISE INVESTMENT returns to help us make a trade decision. For example, suppose you find that AFRIPRISE INVESTMENT 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
AFRIPRISE INVESTMENT 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 AFRIPRISE INVESTMENT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AFRIPRISE INVESTMENT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AFRIPRISE INVESTMENT stock over time.
Current vs Lagged Prices
Timeline
AFRIPRISE INVESTMENT Lagged Returns
When evaluating AFRIPRISE INVESTMENT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AFRIPRISE INVESTMENT stock have on its future price. AFRIPRISE INVESTMENT 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, AFRIPRISE INVESTMENT autocorrelation shows the relationship between AFRIPRISE INVESTMENT stock current value and its past values and can show if there is a momentum factor associated with investing in AFRIPRISE INVESTMENT PLC.
Regressed Prices
Timeline
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