Aspen Insurance Holdings Preferred Stock Market Value
| AHL-PE Preferred Stock | USD 20.98 0.29 1.40% |
| Symbol | Aspen |
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.
| 10/23/2024 |
| 11/22/2024 |
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 Aspen Insurance, Aspen Insurance, AXIS Capital, Athene Holding, and Allstate. Aspen Insurance Holdings Limited, through its subsidiaries, engages in insurance and reinsurance businesses in Australia... 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.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.3 | |||
| Value At Risk | (1.99) | |||
| Potential Upside | 2.02 |
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.| Risk Adjusted Performance | 0.0269 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.0474 |
Aspen Insurance Holdings Backtested Returns
At this point, Aspen Insurance is very steady. Aspen Insurance Holdings secures Sharpe Ratio (or Efficiency) of 0.0405, which signifies that the company had a 0.0405% 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 Mean Deviation of 0.86, risk adjusted performance of 0.0269, and Downside Deviation of 1.14 to double-check if the risk estimate we provide is consistent with the expected return of 0.0465%. Aspen Insurance has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. 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 1.15%. 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 | -0.62 |
Very good reverse predictability
Aspen Insurance Holdings has very 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 -0.62 indicates that roughly 62.0% of current Aspen Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.56 |
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.