AJWA For's market value is the price at which a share of AJWA For trades on a public exchange. It measures the collective expectations of AJWA for Food investors about its performance. AJWA For is trading at 68.12 as of the 25th of November 2024. This is a 1.22 percent down since the beginning of the trading day. The stock's lowest day price was 67.73. With this module, you can estimate the performance of a buy and hold strategy of AJWA for Food and determine expected loss or profit from investing in AJWA For 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
AJWA
AJWA For '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 AJWA For'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 AJWA For.
0.00
12/06/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
11/25/2024
0.00
If you would invest 0.00 in AJWA For on December 6, 2022 and sell it all today you would earn a total of 0.00 from holding AJWA for Food or generate 0.0% return on investment in AJWA For over 720 days.
AJWA For 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 AJWA For'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 AJWA for Food 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 AJWA For's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AJWA For's standard deviation. In reality, there are many statistical measures that can use AJWA For historical prices to predict the future AJWA For's volatility.
AJWA for Food secures Sharpe Ratio (or Efficiency) of -0.0183, which signifies that the company had a -0.0183% return per unit of volatility over the last 3 months. AJWA for Food exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AJWA For's mean deviation of 1.92, and Risk Adjusted Performance of 0.0297 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.54, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning AJWA For are expected to decrease at a much lower rate. During the bear market, AJWA For is likely to outperform the market. At this point, AJWA for Food has a negative expected return of -0.0613%. Please make sure to confirm AJWA For's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if AJWA for Food performance from the past will be repeated at future time.
Auto-correlation
0.29
Poor predictability
AJWA for Food has poor predictability. Overlapping area represents the amount of predictability between AJWA For time series from 6th of December 2022 to 1st of December 2023 and 1st of December 2023 to 25th 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 AJWA for Food price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current AJWA For price fluctuation can be explain by its past prices.
Correlation Coefficient
0.29
Spearman Rank Test
0.34
Residual Average
0.0
Price Variance
124.76
AJWA for Food lagged returns against current returns
Autocorrelation, which is AJWA For 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 AJWA For's stock expected returns. We can calculate the autocorrelation of AJWA For returns to help us make a trade decision. For example, suppose you find that AJWA For 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
AJWA For 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 AJWA For stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AJWA For stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AJWA For stock over time.
Current vs Lagged Prices
Timeline
AJWA For Lagged Returns
When evaluating AJWA For's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AJWA For stock have on its future price. AJWA For 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, AJWA For autocorrelation shows the relationship between AJWA For stock current value and its past values and can show if there is a momentum factor associated with investing in AJWA for Food.
Regressed Prices
Timeline
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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.