Araneta Properties (Philippines) Market Value
| ARA Stock | 0.52 0.01 1.89% |
| Symbol | Araneta |
Araneta Properties '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 Araneta Properties' 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 Araneta Properties.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Araneta Properties on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Araneta Properties or generate 0.0% return on investment in Araneta Properties over 150 days. Araneta Properties is related to or competes with National Reinsurance, Atlas Consolidated, Philex Mining, and East West. More
Araneta Properties 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 Araneta Properties' 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 Araneta Properties upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 13.91 | |||
| Value At Risk | (3.70) | |||
| Potential Upside | 3.77 |
Araneta Properties Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Araneta Properties' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Araneta Properties' standard deviation. In reality, there are many statistical measures that can use Araneta Properties historical prices to predict the future Araneta Properties' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.23) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | 2.66 |
Araneta Properties Backtested Returns
Araneta Properties secures Sharpe Ratio (or Efficiency) of -0.0733, which signifies that the company had a -0.0733 % return per unit of standard deviation over the last 3 months. Araneta Properties exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Araneta Properties' risk adjusted performance of (0.07), and Mean Deviation of 1.93 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0907, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Araneta Properties are expected to decrease at a much lower rate. During the bear market, Araneta Properties is likely to outperform the market. At this point, Araneta Properties has a negative expected return of -0.19%. Please make sure to confirm Araneta Properties' mean deviation, jensen alpha, potential upside, as well as the relationship between the standard deviation and treynor ratio , to decide if Araneta Properties performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.09 |
Very weak reverse predictability
Araneta Properties has very weak reverse predictability. Overlapping area represents the amount of predictability between Araneta Properties 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 Araneta Properties price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Araneta Properties price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Araneta Properties lagged returns against current returns
Autocorrelation, which is Araneta Properties 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 Araneta Properties' stock expected returns. We can calculate the autocorrelation of Araneta Properties returns to help us make a trade decision. For example, suppose you find that Araneta Properties 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 |
Araneta Properties 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 Araneta Properties stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Araneta Properties stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Araneta Properties stock over time.
Current vs Lagged Prices |
| Timeline |
Araneta Properties Lagged Returns
When evaluating Araneta Properties' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Araneta Properties stock have on its future price. Araneta Properties 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, Araneta Properties autocorrelation shows the relationship between Araneta Properties stock current value and its past values and can show if there is a momentum factor associated with investing in Araneta Properties.
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.Other Information on Investing in Araneta Stock
Araneta Properties financial ratios help investors to determine whether Araneta 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 Araneta with respect to the benefits of owning Araneta Properties security.