Aboitiz Power (Philippines) Market Value
| AP Stock | 37.25 0.25 0.67% |
| Symbol | Aboitiz |
Aboitiz Power '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 Aboitiz Power'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 Aboitiz Power.
| 12/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Aboitiz Power on December 19, 2023 and sell it all today you would earn a total of 0.00 from holding Aboitiz Power Corp or generate 0.0% return on investment in Aboitiz Power over 360 days. Aboitiz Power is related to or competes with GT Capital, Allhome Corp, Jollibee Foods, Altus Property, and Monde Nissin. More
Aboitiz Power 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 Aboitiz Power'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 Aboitiz Power Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.48 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.03 |
Aboitiz Power Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aboitiz Power's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aboitiz Power's standard deviation. In reality, there are many statistical measures that can use Aboitiz Power historical prices to predict the future Aboitiz Power's volatility.| Risk Adjusted Performance | 0.0312 | |||
| Jensen Alpha | 0.0356 | |||
| Total Risk Alpha | (0.14) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 2.47 |
Aboitiz Power Corp Backtested Returns
At this point, Aboitiz Power is very steady. Aboitiz Power Corp secures Sharpe Ratio (or Efficiency) of 0.0246, which signifies that the company had a 0.0246% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Aboitiz Power Corp, which you can use to evaluate the volatility of the firm. Please confirm Aboitiz Power's Downside Deviation of 1.46, risk adjusted performance of 0.0312, and Mean Deviation of 0.8527 to double-check if the risk estimate we provide is consistent with the expected return of 0.0319%. Aboitiz Power has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.015, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aboitiz Power's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aboitiz Power is expected to be smaller as well. Aboitiz Power Corp right now shows a risk of 1.3%. Please confirm Aboitiz Power Corp semi variance, and the relationship between the treynor ratio and daily balance of power , to decide if Aboitiz Power Corp will be following its price patterns.
Auto-correlation | 0.11 |
Insignificant predictability
Aboitiz Power Corp has insignificant predictability. Overlapping area represents the amount of predictability between Aboitiz Power time series from 19th of December 2023 to 16th of June 2024 and 16th of June 2024 to 13th 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 Aboitiz Power Corp price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Aboitiz Power price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 3.29 |
Aboitiz Power Corp lagged returns against current returns
Autocorrelation, which is Aboitiz Power 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 Aboitiz Power's stock expected returns. We can calculate the autocorrelation of Aboitiz Power returns to help us make a trade decision. For example, suppose you find that Aboitiz Power 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 |
Aboitiz Power 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 Aboitiz Power stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aboitiz Power stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aboitiz Power stock over time.
Current vs Lagged Prices |
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Aboitiz Power Lagged Returns
When evaluating Aboitiz Power's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aboitiz Power stock have on its future price. Aboitiz Power 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, Aboitiz Power autocorrelation shows the relationship between Aboitiz Power stock current value and its past values and can show if there is a momentum factor associated with investing in Aboitiz Power Corp.
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 Aboitiz Stock
Aboitiz Power financial ratios help investors to determine whether Aboitiz 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 Aboitiz with respect to the benefits of owning Aboitiz Power security.