Ameren Illinois Preferred Stock Market Value
| AILLP Preferred Stock | USD 65.91 0.84 1.26% |
| Symbol | Ameren |
Ameren Illinois '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 Ameren Illinois' pink sheet 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 Ameren Illinois.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ameren Illinois on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ameren Illinois or generate 0.0% return on investment in Ameren Illinois over 30 days. Ameren Illinois is related to or competes with Assurant, Volaris, Direct Line, Cincinnati Financial, and Sun Life. Ameren Illinois Company operates in rate-regulated electric and natural gas transmission and distribution businesses in ... More
Ameren Illinois 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 Ameren Illinois' pink sheet 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 Ameren Illinois upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.77 | |||
| Value At Risk | (1.62) | |||
| Potential Upside | 1.91 |
Ameren Illinois Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ameren Illinois' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ameren Illinois' standard deviation. In reality, there are many statistical measures that can use Ameren Illinois historical prices to predict the future Ameren Illinois' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.07) |
Ameren Illinois Backtested Returns
Ameren Illinois secures Sharpe Ratio (or Efficiency) of -0.0254, which signifies that the company had a -0.0254% return per unit of standard deviation over the last 3 months. Ameren Illinois exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Ameren Illinois' mean deviation of 0.5819, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Ameren Illinois' returns are expected to increase less than the market. However, during the bear market, the loss of holding Ameren Illinois is expected to be smaller as well. At this point, Ameren Illinois has a negative expected return of -0.0306%. Please make sure to confirm Ameren Illinois' jensen alpha, as well as the relationship between the skewness and day typical price , to decide if Ameren Illinois performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Ameren Illinois has insignificant reverse predictability. Overlapping area represents the amount of predictability between Ameren Illinois time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Ameren Illinois price movement. The serial correlation of -0.19 indicates that over 19.0% of current Ameren Illinois price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Ameren Illinois lagged returns against current returns
Autocorrelation, which is Ameren Illinois pink sheet'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 Ameren Illinois' pink sheet expected returns. We can calculate the autocorrelation of Ameren Illinois returns to help us make a trade decision. For example, suppose you find that Ameren Illinois has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Ameren Illinois 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 Ameren Illinois pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ameren Illinois pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ameren Illinois pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Ameren Illinois Lagged Returns
When evaluating Ameren Illinois' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ameren Illinois pink sheet have on its future price. Ameren Illinois 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, Ameren Illinois autocorrelation shows the relationship between Ameren Illinois pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ameren Illinois.
Regressed Prices |
| Timeline |
Pair Trading with Ameren Illinois
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ameren Illinois position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ameren Illinois will appreciate offsetting losses from the drop in the long position's value.Moving together with Ameren Pink Sheet
Moving against Ameren Pink Sheet
| 0.74 | PMMAF | Puma SE | PairCorr |
| 0.46 | PLTR | Palantir Technologies Aggressive Push | PairCorr |
| 0.45 | KODK | Eastman Kodak Trending | PairCorr |
The ability to find closely correlated positions to Ameren Illinois could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ameren Illinois when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ameren Illinois - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ameren Illinois to buy it.
The correlation of Ameren Illinois is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ameren Illinois moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ameren Illinois moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ameren Illinois can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Ameren Pink Sheet Analysis
When running Ameren Illinois' price analysis, check to measure Ameren Illinois' 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 Ameren Illinois is operating at the current time. Most of Ameren Illinois' value examination focuses on studying past and present price action to predict the probability of Ameren Illinois' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Ameren Illinois' price. Additionally, you may evaluate how the addition of Ameren Illinois to your portfolios can decrease your overall portfolio volatility.