Austal Limited Stock Market Value
| AUTLF Stock | USD 2.00 0.17 7.83% |
| Symbol | Austal |
Austal '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 Austal'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 Austal.
| 09/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Austal on September 24, 2024 and sell it all today you would earn a total of 0.00 from holding Austal Limited or generate 0.0% return on investment in Austal over 60 days. Austal is related to or competes with Sky Harbour, VirTra, Firan Technology, CPI Aerostructures, Astronics, VSE, and Park Electrochemical. Austal Limited engages in the design, manufacture, and support of vessels for commercial and defense customers worldwide More
Austal 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 Austal'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 Austal Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.94 | |||
| Information Ratio | 0.077 | |||
| Maximum Drawdown | 26.49 | |||
| Value At Risk | (7.83) | |||
| Potential Upside | 10.2 |
Austal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Austal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Austal's standard deviation. In reality, there are many statistical measures that can use Austal historical prices to predict the future Austal's volatility.| Risk Adjusted Performance | 0.0885 | |||
| Jensen Alpha | 0.4618 | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | 0.0619 | |||
| Treynor Ratio | 2.21 |
Austal Limited Backtested Returns
Austal appears to be dangerous, given 3 months investment horizon. Austal Limited secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. By analyzing Austal's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please makes use of Austal's Risk Adjusted Performance of 0.0885, mean deviation of 3.22, and Downside Deviation of 5.94 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Austal holds a performance score of 8. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Austal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Austal is expected to be smaller as well. Please check Austal's downside variance, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Austal's price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
Austal Limited has good reverse predictability. Overlapping area represents the amount of predictability between Austal time series from 24th of September 2024 to 24th of October 2024 and 24th of October 2024 to 23rd 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 Austal Limited price movement. The serial correlation of -0.52 indicates that about 52.0% of current Austal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Austal Limited lagged returns against current returns
Autocorrelation, which is Austal 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 Austal's pink sheet expected returns. We can calculate the autocorrelation of Austal returns to help us make a trade decision. For example, suppose you find that Austal 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 |
Austal 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 Austal pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Austal pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Austal pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Austal Lagged Returns
When evaluating Austal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Austal pink sheet have on its future price. Austal 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, Austal autocorrelation shows the relationship between Austal pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Austal Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Austal Pink Sheet
Austal financial ratios help investors to determine whether Austal 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 Austal with respect to the benefits of owning Austal security.