Arabia Investments' market value is the price at which a share of Arabia Investments trades on a public exchange. It measures the collective expectations of Arabia Investments Holding investors about its performance. Arabia Investments is trading at 0.5 as of the 28th of November 2024. This is a 1.96 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.5. With this module, you can estimate the performance of a buy and hold strategy of Arabia Investments Holding and determine expected loss or profit from investing in Arabia Investments over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Arabia
Arabia Investments '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 Arabia Investments' 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 Arabia Investments.
0.00
10/29/2024
No Change 0.00
0.0
In 31 days
11/28/2024
0.00
If you would invest 0.00 in Arabia Investments on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Arabia Investments Holding or generate 0.0% return on investment in Arabia Investments over 30 days.
Arabia Investments 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 Arabia Investments' 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 Arabia Investments Holding upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arabia Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arabia Investments' standard deviation. In reality, there are many statistical measures that can use Arabia Investments historical prices to predict the future Arabia Investments' volatility.
Arabia Investments secures Sharpe Ratio (or Efficiency) of -0.0863, which signifies that the company had a -0.0863% return per unit of standard deviation over the last 3 months. Arabia Investments Holding exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arabia Investments' mean deviation of 1.2, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0357, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Arabia Investments are expected to decrease at a much lower rate. During the bear market, Arabia Investments is likely to outperform the market. At this point, Arabia Investments has a negative expected return of -0.17%. Please make sure to confirm Arabia Investments' coefficient of variation, jensen alpha, and the relationship between the mean deviation and standard deviation , to decide if Arabia Investments performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.84
Excellent reverse predictability
Arabia Investments Holding has excellent reverse predictability. Overlapping area represents the amount of predictability between Arabia Investments time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Arabia Investments price movement. The serial correlation of -0.84 indicates that around 84.0% of current Arabia Investments price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.84
Spearman Rank Test
-0.64
Residual Average
0.0
Price Variance
0.0
Arabia Investments lagged returns against current returns
Autocorrelation, which is Arabia Investments 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 Arabia Investments' stock expected returns. We can calculate the autocorrelation of Arabia Investments returns to help us make a trade decision. For example, suppose you find that Arabia Investments 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
Arabia Investments 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 Arabia Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arabia Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arabia Investments stock over time.
Current vs Lagged Prices
Timeline
Arabia Investments Lagged Returns
When evaluating Arabia Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arabia Investments stock have on its future price. Arabia Investments 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, Arabia Investments autocorrelation shows the relationship between Arabia Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Arabia Investments Holding.
Regressed Prices
Timeline
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