American National Group Stock Market Value
| ANG-PB Stock | 25.01 0.03 0.12% |
| Symbol | American |
American National '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 American National'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 American National.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in American National on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding American National Group or generate 0.0% return on investment in American National over 540 days. American National is related to or competes with FG Annuities, Globe Life, MetLife Preferred, MetLife Preferred, MetLife Preferred, Abacus Life, and Aflac Incorporated. American National is entity of United States More
American National 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 American National'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 American National Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4335 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.77 | |||
| Value At Risk | (0.65) | |||
| Potential Upside | 0.839 |
American National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for American National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as American National's standard deviation. In reality, there are many statistical measures that can use American National historical prices to predict the future American National's volatility.| Risk Adjusted Performance | 0.0649 | |||
| Jensen Alpha | 0.0345 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | (0.18) | |||
| Treynor Ratio | 2.49 |
American National Backtested Returns
At this point, American National is very steady. American National secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for American National Group, which you can use to evaluate the volatility of the firm. Please confirm American National's risk adjusted performance of 0.0649, and Mean Deviation of 0.38 to double-check if the risk estimate we provide is consistent with the expected return of 0.0529%. American National has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0145, which signifies not very significant fluctuations relative to the market. As returns on the market increase, American National's returns are expected to increase less than the market. However, during the bear market, the loss of holding American National is expected to be smaller as well. American National right now shows a risk of 0.51%. Please confirm American National treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if American National will be following its price patterns.
Auto-correlation | 0.83 |
Very good predictability
American National Group has very good predictability. Overlapping area represents the amount of predictability between American National time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 American National price movement. The serial correlation of 0.83 indicates that around 83.0% of current American National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
American National lagged returns against current returns
Autocorrelation, which is American National 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 American National's stock expected returns. We can calculate the autocorrelation of American National returns to help us make a trade decision. For example, suppose you find that American National 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 |
American National 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 American National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if American National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in American National stock over time.
Current vs Lagged Prices |
| Timeline |
American National Lagged Returns
When evaluating American National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of American National stock have on its future price. American National 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, American National autocorrelation shows the relationship between American National stock current value and its past values and can show if there is a momentum factor associated with investing in American National Group.
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.Other Information on Investing in American Stock
American National financial ratios help investors to determine whether American Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in American with respect to the benefits of owning American National security.