Aston Martin Lagonda Stock Market Value
| ARGGY Stock | USD 1.38 0.08 6.15% |
| Symbol | Aston |
Aston Martin '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 Aston Martin's pink sheet 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 Aston Martin.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Aston Martin on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aston Martin Lagonda or generate 0.0% return on investment in Aston Martin over 180 days. Aston Martin is related to or competes with Geely Automobile, Guangzhou Automobile, NFI, Polestar Automotive, Geely Automobile, GreenPower, and Aston Martin. Aston Martin Lagonda Global Holdings plc designs, develops, manufactures, markets, and sells luxury sports cars under th... More
Aston Martin 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 Aston Martin's pink sheet 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 Aston Martin Lagonda upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 25.68 | |||
| Value At Risk | (5.49) | |||
| Potential Upside | 4.83 |
Aston Martin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aston Martin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aston Martin's standard deviation. In reality, there are many statistical measures that can use Aston Martin historical prices to predict the future Aston Martin's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.51) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (1.38) |
Aston Martin Lagonda Backtested Returns
Aston Martin Lagonda secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Aston Martin Lagonda exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aston Martin's Standard Deviation of 3.97, risk adjusted performance of (0.08), and Mean Deviation of 2.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.34, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Aston Martin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aston Martin is expected to be smaller as well. At this point, Aston Martin Lagonda has a negative expected return of -0.41%. Please make sure to confirm Aston Martin's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Aston Martin Lagonda performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.24 |
Weak reverse predictability
Aston Martin Lagonda has weak reverse predictability. Overlapping area represents the amount of predictability between Aston Martin time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 Aston Martin Lagonda price movement. The serial correlation of -0.24 indicates that over 24.0% of current Aston Martin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
Aston Martin Lagonda lagged returns against current returns
Autocorrelation, which is Aston Martin pink sheet'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 Aston Martin's pink sheet expected returns. We can calculate the autocorrelation of Aston Martin returns to help us make a trade decision. For example, suppose you find that Aston Martin has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Aston Martin 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 Aston Martin pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aston Martin pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aston Martin pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aston Martin Lagged Returns
When evaluating Aston Martin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aston Martin pink sheet have on its future price. Aston Martin 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, Aston Martin autocorrelation shows the relationship between Aston Martin pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aston Martin Lagonda.
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 Aston Pink Sheet Analysis
When running Aston Martin's price analysis, check to measure Aston Martin'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 Aston Martin is operating at the current time. Most of Aston Martin's value examination focuses on studying past and present price action to predict the probability of Aston Martin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aston Martin's price. Additionally, you may evaluate how the addition of Aston Martin to your portfolios can decrease your overall portfolio volatility.