Asia United (Philippines) Market Value
| AUB Stock | 63.00 0.50 0.80% |
| Symbol | Asia |
Asia United '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 United's 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 Asia United.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Asia United on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Asia United Bank or generate 0.0% return on investment in Asia United over 30 days. Asia United is related to or competes with Union Bank, and Philippine Savings. More
Asia United 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 United's 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 Asia United Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.71 | |||
| Information Ratio | 0.2623 | |||
| Maximum Drawdown | 10.99 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 3.45 |
Asia United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asia United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asia United's standard deviation. In reality, there are many statistical measures that can use Asia United historical prices to predict the future Asia United's volatility.| Risk Adjusted Performance | 0.2631 | |||
| Jensen Alpha | 0.5758 | |||
| Total Risk Alpha | 0.3032 | |||
| Sortino Ratio | 0.2644 | |||
| Treynor Ratio | (13.18) |
Asia United Bank Backtested Returns
Asia United appears to be very steady, given 3 months investment horizon. Asia United Bank secures Sharpe Ratio (or Efficiency) of 0.32, which signifies that the company had a 0.32% return per unit of risk over the last 3 months. By analyzing Asia United's technical indicators, you can evaluate if the expected return of 0.51% is justified by implied risk. Please makes use of Asia United's Downside Deviation of 1.71, risk adjusted performance of 0.2631, and Mean Deviation of 1.25 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asia United holds a performance score of 24. The firm shows a Beta (market volatility) of -0.0433, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Asia United are expected to decrease at a much lower rate. During the bear market, Asia United is likely to outperform the market. Please check Asia United's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Asia United's price patterns will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
Asia United Bank has very weak reverse predictability. Overlapping area represents the amount of predictability between Asia United 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 United Bank price movement. The serial correlation of -0.09 indicates that less than 9.0% of current Asia United price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 1.12 |
Asia United Bank lagged returns against current returns
Autocorrelation, which is Asia United 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 Asia United's stock expected returns. We can calculate the autocorrelation of Asia United returns to help us make a trade decision. For example, suppose you find that Asia United 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 |
Asia United 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 United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asia United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asia United stock over time.
Current vs Lagged Prices |
| Timeline |
Asia United Lagged Returns
When evaluating Asia United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asia United stock have on its future price. Asia United 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 United autocorrelation shows the relationship between Asia United stock current value and its past values and can show if there is a momentum factor associated with investing in Asia United Bank.
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 Asia Stock
Asia United financial ratios help investors to determine whether Asia 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 Asia with respect to the benefits of owning Asia United security.