Australian United (Australia) Market Value
| AUI Stock | 10.88 0.08 0.73% |
| Symbol | Australian |
Australian 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 Australian 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 Australian United.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Australian United on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Australian United Investment or generate 0.0% return on investment in Australian United over 510 days. Australian United is related to or competes with Richmond Vanadium, British Amer, Autosports, Platinum Asset, and Ainsworth Game. Australian United is entity of Australia More
Australian 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 Australian 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 Australian United Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9695 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.64 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.5 |
Australian United Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian United's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian United's standard deviation. In reality, there are many statistical measures that can use Australian United historical prices to predict the future Australian United's volatility.| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | 0.0077 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | 0.1561 |
Australian United Backtested Returns
Currently, Australian United Investment is very steady. Australian United secures Sharpe Ratio (or Efficiency) of 0.0376, which signifies that the company had a 0.0376% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Australian United Investment, which you can use to evaluate the volatility of the firm. Please confirm Australian United's Mean Deviation of 0.6816, risk adjusted performance of 0.0369, and Downside Deviation of 0.9695 to double-check if the risk estimate we provide is consistent with the expected return of 0.0347%. Australian United has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Australian United's returns are expected to increase less than the market. However, during the bear market, the loss of holding Australian United is expected to be smaller as well. Australian United right now shows a risk of 0.92%. Please confirm Australian United sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Australian United will be following its price patterns.
Auto-correlation | 0.83 |
Very good predictability
Australian United Investment has very good predictability. Overlapping area represents the amount of predictability between Australian United time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Australian United price movement. The serial correlation of 0.83 indicates that around 83.0% of current Australian United price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Australian United lagged returns against current returns
Autocorrelation, which is Australian 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 Australian United's stock expected returns. We can calculate the autocorrelation of Australian United returns to help us make a trade decision. For example, suppose you find that Australian 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 |
Australian 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 Australian United stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian United stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian United stock over time.
Current vs Lagged Prices |
| Timeline |
Australian United Lagged Returns
When evaluating Australian United's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian United stock have on its future price. Australian 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, Australian United autocorrelation shows the relationship between Australian United stock current value and its past values and can show if there is a momentum factor associated with investing in Australian United Investment.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Australian Stock Analysis
When running Australian United's price analysis, check to measure Australian United'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 Australian United is operating at the current time. Most of Australian United's value examination focuses on studying past and present price action to predict the probability of Australian United's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Australian United's price. Additionally, you may evaluate how the addition of Australian United to your portfolios can decrease your overall portfolio volatility.