Allup Silica (Australia) Market Value
| APS Stock | 0.04 0.01 12.50% |
| Symbol | Allup |
Allup Silica '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 Allup Silica'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 Allup Silica.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Allup Silica on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Allup Silica or generate 0.0% return on investment in Allup Silica over 720 days. Allup Silica is related to or competes with Microequities Asset, Autosports, Aristocrat Leisure, Aussie Broadband, and Gold Road. Allup Silica is entity of Australia. It is traded as Stock on AU exchange. More
Allup Silica 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 Allup Silica'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 Allup Silica upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 23.71 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 6.67 |
Allup Silica Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allup Silica's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allup Silica's standard deviation. In reality, there are many statistical measures that can use Allup Silica historical prices to predict the future Allup Silica's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (1.00) | |||
| Treynor Ratio | 0.797 |
Allup Silica Backtested Returns
Allup Silica secures Sharpe Ratio (or Efficiency) of -0.0129, which signifies that the company had a -0.0129% return per unit of risk over the last 3 months. Allup Silica exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Allup Silica's Mean Deviation of 2.58, risk adjusted performance of (0.04), and Standard Deviation of 4.43 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Allup Silica are expected to decrease at a much lower rate. During the bear market, Allup Silica is likely to outperform the market. At this point, Allup Silica has a negative expected return of -0.0689%. Please make sure to confirm Allup Silica's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Allup Silica performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Allup Silica has below average predictability. Overlapping area represents the amount of predictability between Allup Silica time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Allup Silica price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Allup Silica price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Allup Silica lagged returns against current returns
Autocorrelation, which is Allup Silica 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 Allup Silica's stock expected returns. We can calculate the autocorrelation of Allup Silica returns to help us make a trade decision. For example, suppose you find that Allup Silica 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 |
Allup Silica 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 Allup Silica stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allup Silica stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allup Silica stock over time.
Current vs Lagged Prices |
| Timeline |
Allup Silica Lagged Returns
When evaluating Allup Silica's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allup Silica stock have on its future price. Allup Silica 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, Allup Silica autocorrelation shows the relationship between Allup Silica stock current value and its past values and can show if there is a momentum factor associated with investing in Allup Silica.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Allup Stock Analysis
When running Allup Silica's price analysis, check to measure Allup Silica'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 Allup Silica is operating at the current time. Most of Allup Silica's value examination focuses on studying past and present price action to predict the probability of Allup Silica's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Allup Silica's price. Additionally, you may evaluate how the addition of Allup Silica to your portfolios can decrease your overall portfolio volatility.