Apax Global (UK) Market Value
| APAX Stock | 134.60 1.00 0.75% |
| Symbol | Apax |
Apax Global '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 Apax Global'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 Apax Global.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Apax Global on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Apax Global Alpha or generate 0.0% return on investment in Apax Global over 150 days. Apax Global is related to or competes with MTI Wireless, Clean Power, Datagroup, Datalogic, Spirent Communications, Fidelity National, and Ion Beam. Apax Global is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Apax Global 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 Apax Global'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 Apax Global Alpha upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 4.55 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.72 |
Apax Global Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Apax Global's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Apax Global's standard deviation. In reality, there are many statistical measures that can use Apax Global historical prices to predict the future Apax Global's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.09) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 1.99 |
Apax Global Alpha Backtested Returns
Apax Global Alpha secures Sharpe Ratio (or Efficiency) of -0.072, which signifies that the company had a -0.072 % return per unit of standard deviation over the last 3 months. Apax Global Alpha exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Apax Global's mean deviation of 0.7846, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0476, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Apax Global are expected to decrease at a much lower rate. During the bear market, Apax Global is likely to outperform the market. At this point, Apax Global Alpha has a negative expected return of -0.0754%. Please make sure to confirm Apax Global's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Apax Global Alpha performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.21 |
Weak reverse predictability
Apax Global Alpha has weak reverse predictability. Overlapping area represents the amount of predictability between Apax Global time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Apax Global Alpha price movement. The serial correlation of -0.21 indicates that over 21.0% of current Apax Global price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.21 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 6.08 |
Apax Global Alpha lagged returns against current returns
Autocorrelation, which is Apax Global 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 Apax Global's stock expected returns. We can calculate the autocorrelation of Apax Global returns to help us make a trade decision. For example, suppose you find that Apax Global 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 |
Apax Global 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 Apax Global stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Apax Global stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Apax Global stock over time.
Current vs Lagged Prices |
| Timeline |
Apax Global Lagged Returns
When evaluating Apax Global's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Apax Global stock have on its future price. Apax Global 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, Apax Global autocorrelation shows the relationship between Apax Global stock current value and its past values and can show if there is a momentum factor associated with investing in Apax Global Alpha.
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.Additional Tools for Apax Stock Analysis
When running Apax Global's price analysis, check to measure Apax Global'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 Apax Global is operating at the current time. Most of Apax Global's value examination focuses on studying past and present price action to predict the probability of Apax Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Apax Global's price. Additionally, you may evaluate how the addition of Apax Global to your portfolios can decrease your overall portfolio volatility.