Aspen Insurance Holdings Preferred Stock Market Value

AHL-PC Preferred Stock  USD 25.45  0.02  0.08%   
Aspen Insurance's market value is the price at which a share of Aspen Insurance trades on a public exchange. It measures the collective expectations of Aspen Insurance Holdings investors about its performance. Aspen Insurance is trading at 25.45 as of the 22nd of November 2024, a 0.08 percent increase since the beginning of the trading day. The preferred stock's open price was 25.43.
With this module, you can estimate the performance of a buy and hold strategy of Aspen Insurance Holdings and determine expected loss or profit from investing in Aspen Insurance over a given investment horizon. Check out Aspen Insurance Correlation, Aspen Insurance Volatility and Aspen Insurance Alpha and Beta module to complement your research on Aspen Insurance.
Symbol

Please note, there is a significant difference between Aspen Insurance's value and its price as these two are different measures arrived at by different means. Investors typically determine if Aspen Insurance is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Aspen Insurance's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Aspen Insurance '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 Aspen Insurance's preferred 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 Aspen Insurance.
0.00
10/23/2024
No Change 0.00  0.0 
In 31 days
11/22/2024
0.00
If you would invest  0.00  in Aspen Insurance on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Aspen Insurance Holdings or generate 0.0% return on investment in Aspen Insurance over 30 days. Aspen Insurance is related to or competes with Allstate, Aspen Insurance, AmTrust Financial, Argo Group, AmTrust Financial, AmTrust Financial, and AmTrust Financial. More

Aspen Insurance 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 Aspen Insurance's preferred 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 Aspen Insurance Holdings upside and downside potential and time the market with a certain degree of confidence.

Aspen Insurance Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Aspen Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aspen Insurance's standard deviation. In reality, there are many statistical measures that can use Aspen Insurance historical prices to predict the future Aspen Insurance's volatility.
Hype
Prediction
LowEstimatedHigh
24.7925.4326.07
Details
Intrinsic
Valuation
LowRealHigh
24.1124.7527.97
Details
Naive
Forecast
LowNextHigh
24.4525.1025.74
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
25.6126.2326.85
Details

Aspen Insurance Holdings Backtested Returns

At this point, Aspen Insurance is very steady. Aspen Insurance Holdings secures Sharpe Ratio (or Efficiency) of 0.0089, which signifies that the company had a 0.0089% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aspen Insurance Holdings, which you can use to evaluate the volatility of the firm. Please confirm Aspen Insurance's Risk Adjusted Performance of 0.0119, downside deviation of 0.7286, and Mean Deviation of 0.4403 to double-check if the risk estimate we provide is consistent with the expected return of 0.0057%. The firm shows a Beta (market volatility) of 0.0225, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aspen Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aspen Insurance is expected to be smaller as well. Aspen Insurance Holdings right now shows a risk of 0.64%. Please confirm Aspen Insurance Holdings downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to decide if Aspen Insurance Holdings will be following its price patterns.

Auto-correlation

    
  -0.59  

Good reverse predictability

Aspen Insurance Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Aspen Insurance time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Aspen Insurance Holdings price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Aspen Insurance price fluctuation can be explain by its past prices.
Correlation Coefficient-0.59
Spearman Rank Test-0.71
Residual Average0.0
Price Variance0.14

Aspen Insurance Holdings lagged returns against current returns

Autocorrelation, which is Aspen Insurance preferred 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 Aspen Insurance's preferred stock expected returns. We can calculate the autocorrelation of Aspen Insurance returns to help us make a trade decision. For example, suppose you find that Aspen Insurance has exhibited high autocorrelation historically, and you observe that the preferred 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  

Aspen Insurance 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 Aspen Insurance preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aspen Insurance preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aspen Insurance preferred stock over time.
   Current vs Lagged Prices   
       Timeline  

Aspen Insurance Lagged Returns

When evaluating Aspen Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aspen Insurance preferred stock have on its future price. Aspen Insurance 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, Aspen Insurance autocorrelation shows the relationship between Aspen Insurance preferred stock current value and its past values and can show if there is a momentum factor associated with investing in Aspen Insurance Holdings.
   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 Aspen Preferred Stock

Aspen Insurance financial ratios help investors to determine whether Aspen Preferred 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 Aspen with respect to the benefits of owning Aspen Insurance security.