Assura PLC (UK) Market Value
| AGR Stock | 42.14 0.82 1.91% |
| Symbol | Assura |
Assura PLC '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 Assura PLC'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 Assura PLC.
| 01/27/2025 |
| 02/26/2025 |
If you would invest 0.00 in Assura PLC on January 27, 2025 and sell it all today you would earn a total of 0.00 from holding Assura PLC or generate 0.0% return on investment in Assura PLC over 30 days. Assura PLC is related to or competes with Fresenius Medical, Jade Road, Aberdeen Diversified, EJF Investments, Lowland Investment, Hansa Investment, and FC Investment. Assura PLC is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Assura PLC 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 Assura PLC'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 Assura PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.33 | |||
| Information Ratio | 0.0993 | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.31 |
Assura PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Assura PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Assura PLC's standard deviation. In reality, there are many statistical measures that can use Assura PLC historical prices to predict the future Assura PLC's volatility.| Risk Adjusted Performance | 0.085 | |||
| Jensen Alpha | 0.1799 | |||
| Total Risk Alpha | 0.1697 | |||
| Sortino Ratio | 0.1327 | |||
| Treynor Ratio | 0.4879 |
Assura PLC Backtested Returns
At this point, Assura PLC is very steady. Assura PLC secures Sharpe Ratio (or Efficiency) of 0.0849, which signifies that the company had a 0.0849 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Assura PLC, which you can use to evaluate the volatility of the firm. Please confirm Assura PLC's Risk Adjusted Performance of 0.085, mean deviation of 1.2, and Downside Deviation of 1.33 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Assura PLC has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Assura PLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Assura PLC is expected to be smaller as well. Assura PLC right now shows a risk of 1.83%. Please confirm Assura PLC value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Assura PLC will be following its price patterns.
Auto-correlation | 0.60 |
Good predictability
Assura PLC has good predictability. Overlapping area represents the amount of predictability between Assura PLC time series from 27th of January 2025 to 11th of February 2025 and 11th of February 2025 to 26th 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 Assura PLC price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current Assura PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 6.56 |
Assura PLC lagged returns against current returns
Autocorrelation, which is Assura PLC 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 Assura PLC's stock expected returns. We can calculate the autocorrelation of Assura PLC returns to help us make a trade decision. For example, suppose you find that Assura PLC 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 |
Assura PLC 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 Assura PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Assura PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Assura PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Assura PLC Lagged Returns
When evaluating Assura PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Assura PLC stock have on its future price. Assura PLC 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, Assura PLC autocorrelation shows the relationship between Assura PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Assura PLC.
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.Other Information on Investing in Assura Stock
Assura PLC financial ratios help investors to determine whether Assura Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Assura with respect to the benefits of owning Assura PLC security.