Alternative Investment (Australia) Market Value
| AIQ Stock | 1.45 0.00 0.00% |
| Symbol | Alternative |
Alternative Investment '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 Alternative Investment'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 Alternative Investment.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Alternative Investment on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Alternative Investment Trust or generate 0.0% return on investment in Alternative Investment over 720 days. Alternative Investment is related to or competes with WiseTech Global, Mach7 Technologies, Australian Unity, Centuria Industrial, Cleanaway Waste, and Regal Funds. Alternative Investment is entity of Australia More
Alternative Investment 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 Alternative Investment'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 Alternative Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 11.91 | |||
| Value At Risk | (0.71) |
Alternative Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternative Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alternative Investment's standard deviation. In reality, there are many statistical measures that can use Alternative Investment historical prices to predict the future Alternative Investment's volatility.| Risk Adjusted Performance | 0.0402 | |||
| Jensen Alpha | 0.1052 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.18) |
Alternative Investment Backtested Returns
Currently, Alternative Investment Trust is risky. Alternative Investment secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Alternative Investment Trust, which you can use to evaluate the volatility of the firm. Please confirm Alternative Investment's Mean Deviation of 0.4841, standard deviation of 1.72, and Risk Adjusted Performance of 0.0402 to double-check if the risk estimate we provide is consistent with the expected return of 0.19%. Alternative Investment has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.37, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Alternative Investment are expected to decrease at a much lower rate. During the bear market, Alternative Investment is likely to outperform the market. Alternative Investment right now shows a risk of 1.52%. Please confirm Alternative Investment maximum drawdown, skewness, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Alternative Investment will be following its price patterns.
Auto-correlation | 0.47 |
Average predictability
Alternative Investment Trust has average predictability. Overlapping area represents the amount of predictability between Alternative Investment time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Alternative Investment price movement. The serial correlation of 0.47 indicates that about 47.0% of current Alternative Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alternative Investment lagged returns against current returns
Autocorrelation, which is Alternative Investment 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 Alternative Investment's stock expected returns. We can calculate the autocorrelation of Alternative Investment returns to help us make a trade decision. For example, suppose you find that Alternative Investment 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 |
Alternative Investment 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 Alternative Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alternative Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alternative Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Alternative Investment Lagged Returns
When evaluating Alternative Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alternative Investment stock have on its future price. Alternative Investment 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, Alternative Investment autocorrelation shows the relationship between Alternative Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Alternative Investment Trust.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Alternative Stock Analysis
When running Alternative Investment's price analysis, check to measure Alternative Investment'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 Alternative Investment is operating at the current time. Most of Alternative Investment's value examination focuses on studying past and present price action to predict the probability of Alternative Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alternative Investment's price. Additionally, you may evaluate how the addition of Alternative Investment to your portfolios can decrease your overall portfolio volatility.