AiMedia Technologies (Australia) Market Value
| AIM Stock | 0.71 0.02 2.74% |
| Symbol | AiMedia |
AiMedia Technologies '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 AiMedia Technologies' 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 AiMedia Technologies.
| 12/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in AiMedia Technologies on December 29, 2023 and sell it all today you would earn a total of 0.00 from holding AiMedia Technologies or generate 0.0% return on investment in AiMedia Technologies over 330 days. AiMedia Technologies is related to or competes with Readytech Holdings, and Platinum Asset. AiMedia Technologies is entity of Australia More
AiMedia Technologies 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 AiMedia Technologies' 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 AiMedia Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.14 | |||
| Information Ratio | 0.1546 | |||
| Maximum Drawdown | 23.02 | |||
| Value At Risk | (8.00) | |||
| Potential Upside | 8.33 |
AiMedia Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AiMedia Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AiMedia Technologies' standard deviation. In reality, there are many statistical measures that can use AiMedia Technologies historical prices to predict the future AiMedia Technologies' volatility.| Risk Adjusted Performance | 0.1477 | |||
| Jensen Alpha | 0.9377 | |||
| Total Risk Alpha | 0.1066 | |||
| Sortino Ratio | 0.1452 | |||
| Treynor Ratio | (1.49) |
AiMedia Technologies Backtested Returns
AiMedia Technologies appears to be abnormally volatile, given 3 months investment horizon. AiMedia Technologies secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of return volatility over the last 3 months. By examining AiMedia Technologies' technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please makes use of AiMedia Technologies' Risk Adjusted Performance of 0.1477, semi deviation of 4.15, and Mean Deviation of 3.8 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AiMedia Technologies holds a performance score of 14. The firm shows a Beta (market volatility) of -0.58, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AiMedia Technologies are expected to decrease at a much lower rate. During the bear market, AiMedia Technologies is likely to outperform the market. Please check AiMedia Technologies' coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to make a quick decision on whether AiMedia Technologies' price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
AiMedia Technologies has poor predictability. Overlapping area represents the amount of predictability between AiMedia Technologies time series from 29th of December 2023 to 11th of June 2024 and 11th of June 2024 to 23rd 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 AiMedia Technologies price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current AiMedia Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.32 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
AiMedia Technologies lagged returns against current returns
Autocorrelation, which is AiMedia Technologies 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 AiMedia Technologies' stock expected returns. We can calculate the autocorrelation of AiMedia Technologies returns to help us make a trade decision. For example, suppose you find that AiMedia Technologies 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 |
AiMedia Technologies 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 AiMedia Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AiMedia Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AiMedia Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
AiMedia Technologies Lagged Returns
When evaluating AiMedia Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AiMedia Technologies stock have on its future price. AiMedia Technologies 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, AiMedia Technologies autocorrelation shows the relationship between AiMedia Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in AiMedia Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for AiMedia Stock Analysis
When running AiMedia Technologies' price analysis, check to measure AiMedia Technologies' 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 AiMedia Technologies is operating at the current time. Most of AiMedia Technologies' value examination focuses on studying past and present price action to predict the probability of AiMedia Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AiMedia Technologies' price. Additionally, you may evaluate how the addition of AiMedia Technologies to your portfolios can decrease your overall portfolio volatility.