Arrow Minerals (Australia) Market Value
| AMD Stock | 0 0.0005 33.33% |
| Symbol | Arrow |
Arrow Minerals '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 Arrow Minerals' 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 Arrow Minerals.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in Arrow Minerals on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding Arrow Minerals or generate 0.0% return on investment in Arrow Minerals over 720 days. Arrow Minerals is related to or competes with Global Health, Oceania Healthcare, Oneview Healthcare, Australian United, Singular Health, and Ramsay Health. More
Arrow Minerals 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 Arrow Minerals' 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 Arrow Minerals upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 34.9 | |||
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Arrow Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arrow Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arrow Minerals' standard deviation. In reality, there are many statistical measures that can use Arrow Minerals historical prices to predict the future Arrow Minerals' volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 1.88 | |||
| Total Risk Alpha | (1.40) | |||
| Sortino Ratio | 0.0609 | |||
| Treynor Ratio | 0.7429 |
Arrow Minerals Backtested Returns
Arrow Minerals is out of control given 3 months investment horizon. Arrow Minerals secures Sharpe Ratio (or Efficiency) of 0.0974, which signifies that the company had a 0.0974% return per unit of risk over the last 3 months. We were able to break down thirty different technical indicators, which can help you to evaluate if expected returns of 2.26% are justified by taking the suggested risk. Use Arrow Minerals Risk Adjusted Performance of 0.0841, downside deviation of 34.9, and Mean Deviation of 11.5 to evaluate company specific risk that cannot be diversified away. Arrow Minerals holds a performance score of 7 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 3.02, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Arrow Minerals will likely underperform. Use Arrow Minerals jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to analyze future returns on Arrow Minerals.
Auto-correlation | 0.78 |
Good predictability
Arrow Minerals has good predictability. Overlapping area represents the amount of predictability between Arrow Minerals time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 Arrow Minerals price movement. The serial correlation of 0.78 indicates that around 78.0% of current Arrow Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.78 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Arrow Minerals lagged returns against current returns
Autocorrelation, which is Arrow Minerals 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 Arrow Minerals' stock expected returns. We can calculate the autocorrelation of Arrow Minerals returns to help us make a trade decision. For example, suppose you find that Arrow Minerals 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 |
Arrow Minerals 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 Arrow Minerals stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arrow Minerals stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arrow Minerals stock over time.
Current vs Lagged Prices |
| Timeline |
Arrow Minerals Lagged Returns
When evaluating Arrow Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arrow Minerals stock have on its future price. Arrow Minerals 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, Arrow Minerals autocorrelation shows the relationship between Arrow Minerals stock current value and its past values and can show if there is a momentum factor associated with investing in Arrow Minerals.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Arrow Stock Analysis
When running Arrow Minerals' price analysis, check to measure Arrow Minerals' 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 Arrow Minerals is operating at the current time. Most of Arrow Minerals' value examination focuses on studying past and present price action to predict the probability of Arrow Minerals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arrow Minerals' price. Additionally, you may evaluate how the addition of Arrow Minerals to your portfolios can decrease your overall portfolio volatility.