Ascott Residence Trust Stock Market Value
| ATTRF Stock | USD 0.72 0.00 0.00% |
| Symbol | Ascott |
Ascott Residence '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 Ascott Residence'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 Ascott Residence.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Ascott Residence on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Ascott Residence Trust or generate 0.0% return on investment in Ascott Residence over 690 days. Ascott Residence is related to or competes with Armada Hoffler, Artis REIT, Armada Hflr, Modiv, Precinct Properties, Global Net, and NexPoint Diversified. Ascott Residence Trust is the largest hospitality trust in Asia Pacific with an asset value of S7.2 billion as at 31 Dec... More
Ascott Residence 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 Ascott Residence'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 Ascott Residence Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0261 | |||
| Maximum Drawdown | 10.77 |
Ascott Residence Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ascott Residence's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ascott Residence's standard deviation. In reality, there are many statistical measures that can use Ascott Residence historical prices to predict the future Ascott Residence's volatility.| Risk Adjusted Performance | 0.0983 | |||
| Jensen Alpha | 0.1843 | |||
| Total Risk Alpha | (0.05) | |||
| Treynor Ratio | (0.58) |
Ascott Residence Trust Backtested Returns
At this point, Ascott Residence is very risky. Ascott Residence Trust secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found sixteen technical indicators for Ascott Residence Trust, which you can use to evaluate the volatility of the firm. Please confirm Ascott Residence's risk adjusted performance of 0.0983, and Mean Deviation of 0.3214 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Ascott Residence has a performance score of 9 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Ascott Residence are expected to decrease at a much lower rate. During the bear market, Ascott Residence is likely to outperform the market. Ascott Residence Trust right now shows a risk of 1.35%. Please confirm Ascott Residence Trust risk adjusted performance, variance, as well as the relationship between the Variance and kurtosis , to decide if Ascott Residence Trust will be following its price patterns.
Auto-correlation | -0.25 |
Weak reverse predictability
Ascott Residence Trust has weak reverse predictability. Overlapping area represents the amount of predictability between Ascott Residence time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 Ascott Residence Trust price movement. The serial correlation of -0.25 indicates that over 25.0% of current Ascott Residence price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ascott Residence Trust lagged returns against current returns
Autocorrelation, which is Ascott Residence 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 Ascott Residence's pink sheet expected returns. We can calculate the autocorrelation of Ascott Residence returns to help us make a trade decision. For example, suppose you find that Ascott Residence 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 |
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Ascott Residence 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 Ascott Residence pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ascott Residence pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ascott Residence pink sheet over time.
Current vs Lagged Prices |
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Ascott Residence Lagged Returns
When evaluating Ascott Residence's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ascott Residence pink sheet have on its future price. Ascott Residence 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, Ascott Residence autocorrelation shows the relationship between Ascott Residence pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Ascott Residence Trust.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ascott Pink Sheet
Ascott Residence financial ratios help investors to determine whether Ascott Pink Sheet 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 Ascott with respect to the benefits of owning Ascott Residence security.