Astoria Investments (South Africa) Market Value
| ARA Stock | 826.00 1.00 0.12% |
| Symbol | Astoria |
Astoria Investments '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 Astoria Investments' 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 Astoria Investments.
| 01/17/2025 |
| 02/16/2025 |
If you would invest 0.00 in Astoria Investments on January 17, 2025 and sell it all today you would earn a total of 0.00 from holding Astoria Investments or generate 0.0% return on investment in Astoria Investments over 30 days. Astoria Investments is related to or competes with Harmony Gold, Hosken Consolidated, Capitec Bank, MC Mining, Standard Bank, Kumba Iron, and Astoria Investments. More
Astoria Investments 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 Astoria Investments' 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 Astoria Investments upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.99 | |||
| Information Ratio | (0.0007) | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 3.03 |
Astoria Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Astoria Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Astoria Investments' standard deviation. In reality, there are many statistical measures that can use Astoria Investments historical prices to predict the future Astoria Investments' volatility.| Risk Adjusted Performance | 0.0101 | |||
| Jensen Alpha | 1.0E-4 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | (0.0003) | |||
| Treynor Ratio | 0.0017 |
Astoria Investments Backtested Returns
At this point, Astoria Investments is very steady. Astoria Investments secures Sharpe Ratio (or Efficiency) of close to zero, which signifies that the company had a close to zero % return per unit of risk over the last 3 months. We have found thirty technical indicators for Astoria Investments, which you can use to evaluate the volatility of the firm. Please confirm Astoria Investments' Downside Deviation of 2.99, risk adjusted performance of 0.0101, and Mean Deviation of 0.6026 to double-check if the risk estimate we provide is consistent with the expected return of 0.0109%. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Astoria Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Astoria Investments is expected to be smaller as well. Astoria Investments right now shows a risk of 1.35%. Please confirm Astoria Investments potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if Astoria Investments will be following its price patterns.
Auto-correlation | 0.43 |
Average predictability
Astoria Investments has average predictability. Overlapping area represents the amount of predictability between Astoria Investments time series from 17th of January 2025 to 1st of February 2025 and 1st of February 2025 to 16th of February 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 Astoria Investments price movement. The serial correlation of 0.43 indicates that just about 43.0% of current Astoria Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.43 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 142.55 |
Astoria Investments lagged returns against current returns
Autocorrelation, which is Astoria Investments 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 Astoria Investments' stock expected returns. We can calculate the autocorrelation of Astoria Investments returns to help us make a trade decision. For example, suppose you find that Astoria Investments 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 |
Astoria Investments 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 Astoria Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Astoria Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Astoria Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Astoria Investments Lagged Returns
When evaluating Astoria Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Astoria Investments stock have on its future price. Astoria Investments 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, Astoria Investments autocorrelation shows the relationship between Astoria Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Astoria Investments.
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 Astoria Stock
Astoria Investments financial ratios help investors to determine whether Astoria 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 Astoria with respect to the benefits of owning Astoria Investments security.