Alternative Income (UK) Market Value
| AIRE Stock | 67.60 0.10 0.15% |
| Symbol | Alternative |
Alternative Income '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 Income'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 Income.
| 09/09/2023 |
| 12/02/2024 |
If you would invest 0.00 in Alternative Income on September 9, 2023 and sell it all today you would earn a total of 0.00 from holding Alternative Income REIT or generate 0.0% return on investment in Alternative Income over 450 days. Alternative Income is related to or competes with Europa Metals, AMG Advanced, GreenX Metals, Empire Metals, Silvercorp Metals, Panther Metals, and Orient Telecoms. Alternative Income is entity of United Kingdom More
Alternative Income 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 Income'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 Income REIT upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 9.96 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.14 |
Alternative Income Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alternative Income's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alternative Income's standard deviation. In reality, there are many statistical measures that can use Alternative Income historical prices to predict the future Alternative Income's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | (0.32) |
Alternative Income REIT Backtested Returns
Alternative Income REIT secures Sharpe Ratio (or Efficiency) of -0.0185, which signifies that the company had a -0.0185% return per unit of risk over the last 3 months. Alternative Income REIT exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alternative Income's Risk Adjusted Performance of (0.01), standard deviation of 1.12, and Mean Deviation of 0.5858 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0936, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Alternative Income's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alternative Income is expected to be smaller as well. At this point, Alternative Income REIT has a negative expected return of -0.0206%. Please make sure to confirm Alternative Income's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Alternative Income REIT performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.78 |
Good predictability
Alternative Income REIT has good predictability. Overlapping area represents the amount of predictability between Alternative Income time series from 9th of September 2023 to 21st of April 2024 and 21st of April 2024 to 2nd 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 Alternative Income REIT price movement. The serial correlation of 0.78 indicates that around 78.0% of current Alternative Income price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 6.32 |
Alternative Income REIT lagged returns against current returns
Autocorrelation, which is Alternative Income 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 Income's stock expected returns. We can calculate the autocorrelation of Alternative Income returns to help us make a trade decision. For example, suppose you find that Alternative Income 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 Income 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 Income stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alternative Income stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alternative Income stock over time.
Current vs Lagged Prices |
| Timeline |
Alternative Income Lagged Returns
When evaluating Alternative Income's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alternative Income stock have on its future price. Alternative Income 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 Income autocorrelation shows the relationship between Alternative Income stock current value and its past values and can show if there is a momentum factor associated with investing in Alternative Income REIT.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Alternative Stock Analysis
When running Alternative Income's price analysis, check to measure Alternative Income'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 Income is operating at the current time. Most of Alternative Income's value examination focuses on studying past and present price action to predict the probability of Alternative Income'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 Income's price. Additionally, you may evaluate how the addition of Alternative Income to your portfolios can decrease your overall portfolio volatility.