Airea Plc (UK) Market Value
| AIEA Stock | 22.00 0.50 2.33% |
| Symbol | Airea |
Airea 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 Airea 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 Airea Plc.
| 06/10/2023 |
| 12/01/2024 |
If you would invest 0.00 in Airea Plc on June 10, 2023 and sell it all today you would earn a total of 0.00 from holding Airea Plc or generate 0.0% return on investment in Airea Plc over 540 days. Airea Plc is related to or competes with Berkshire Hathaway, Hyundai, Samsung Electronics, Samsung Electronics, Chocoladefabriken, OTP Bank, and Halyk Bank. Airea Plc is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Airea 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 Airea 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 Airea Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 16.18 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 2.33 |
Airea Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Airea Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Airea Plc's standard deviation. In reality, there are many statistical measures that can use Airea Plc historical prices to predict the future Airea Plc's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (0.62) |
Airea Plc Backtested Returns
Airea Plc secures Sharpe Ratio (or Efficiency) of -0.0325, which signifies that the company had a -0.0325% return per unit of risk over the last 3 months. Airea Plc exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Airea Plc's Standard Deviation of 2.3, risk adjusted performance of (0.03), and Mean Deviation of 1.0 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Airea Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Airea Plc is expected to be smaller as well. At this point, Airea Plc has a negative expected return of -0.0744%. Please make sure to confirm Airea Plc's treynor ratio, value at risk, skewness, as well as the relationship between the maximum drawdown and potential upside , to decide if Airea Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.53 |
Modest predictability
Airea Plc has modest predictability. Overlapping area represents the amount of predictability between Airea Plc time series from 10th of June 2023 to 6th of March 2024 and 6th of March 2024 to 1st of December 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 Airea Plc price movement. The serial correlation of 0.53 indicates that about 53.0% of current Airea Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 11.61 |
Airea Plc lagged returns against current returns
Autocorrelation, which is Airea 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 Airea Plc's stock expected returns. We can calculate the autocorrelation of Airea Plc returns to help us make a trade decision. For example, suppose you find that Airea 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 |
Airea 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 Airea Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Airea Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Airea Plc stock over time.
Current vs Lagged Prices |
| Timeline |
Airea Plc Lagged Returns
When evaluating Airea Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Airea Plc stock have on its future price. Airea 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, Airea Plc autocorrelation shows the relationship between Airea Plc stock current value and its past values and can show if there is a momentum factor associated with investing in Airea Plc.
Regressed Prices |
| Timeline |
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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 Tools for Airea Stock Analysis
When running Airea Plc's price analysis, check to measure Airea Plc's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Airea Plc is operating at the current time. Most of Airea Plc's value examination focuses on studying past and present price action to predict the probability of Airea Plc's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Airea Plc's price. Additionally, you may evaluate how the addition of Airea Plc to your portfolios can decrease your overall portfolio volatility.