Asia Pptys Stock Market Value
| ASPZ Stock | USD 0.05 0.00 0.00% |
| Symbol | Asia |
Asia Pptys '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 Asia Pptys' 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 Asia Pptys.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Asia Pptys on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Asia Pptys or generate 0.0% return on investment in Asia Pptys over 30 days. Asia Pptys is related to or competes with Aztec Land, Ambase Corp, Aroundtown, Digitalbridge, and Adler Group. Asia Properties, Inc. does not have any significant operations More
Asia Pptys 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 Asia Pptys' 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 Asia Pptys upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 22.93 | |||
| Information Ratio | 0.0081 | |||
| Maximum Drawdown | 94.68 | |||
| Value At Risk | (21.54) | |||
| Potential Upside | 16.22 |
Asia Pptys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia Pptys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asia Pptys' standard deviation. In reality, there are many statistical measures that can use Asia Pptys historical prices to predict the future Asia Pptys' volatility.| Risk Adjusted Performance | 0.0229 | |||
| Jensen Alpha | 0.1104 | |||
| Total Risk Alpha | (1.94) | |||
| Sortino Ratio | 0.0049 | |||
| Treynor Ratio | 0.2293 |
Asia Pptys Backtested Returns
Asia Pptys appears to be out of control, given 3 months investment horizon. Asia Pptys secures Sharpe Ratio (or Efficiency) of 0.0469, which signifies that the company had a 0.0469% return per unit of risk over the last 3 months. By analyzing Asia Pptys' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please makes use of Asia Pptys' Risk Adjusted Performance of 0.0229, mean deviation of 6.02, and Downside Deviation of 22.93 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asia Pptys holds a performance score of 3. The firm shows a Beta (market volatility) of 1.02, which signifies a somewhat significant risk relative to the market. Asia Pptys returns are very sensitive to returns on the market. As the market goes up or down, Asia Pptys is expected to follow. Please check Asia Pptys' sortino ratio, as well as the relationship between the semi variance and day typical price , to make a quick decision on whether Asia Pptys' price patterns will revert.
Auto-correlation | -0.56 |
Good reverse predictability
Asia Pptys has good reverse predictability. Overlapping area represents the amount of predictability between Asia Pptys time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Asia Pptys price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Asia Pptys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Asia Pptys lagged returns against current returns
Autocorrelation, which is Asia Pptys 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 Asia Pptys' pink sheet expected returns. We can calculate the autocorrelation of Asia Pptys returns to help us make a trade decision. For example, suppose you find that Asia Pptys 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 |
Asia Pptys 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 Asia Pptys pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asia Pptys pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asia Pptys pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Asia Pptys Lagged Returns
When evaluating Asia Pptys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asia Pptys pink sheet have on its future price. Asia Pptys 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, Asia Pptys autocorrelation shows the relationship between Asia Pptys pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Asia Pptys.
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 Asia Pink Sheet Analysis
When running Asia Pptys' price analysis, check to measure Asia Pptys' 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 Asia Pptys is operating at the current time. Most of Asia Pptys' value examination focuses on studying past and present price action to predict the probability of Asia Pptys' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asia Pptys' price. Additionally, you may evaluate how the addition of Asia Pptys to your portfolios can decrease your overall portfolio volatility.