Auto Trader (UK) Market Value
| AUTO Stock | 809.20 7.40 0.92% |
| Symbol | Auto |
Auto Trader '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 Auto Trader'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 Auto Trader.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Auto Trader on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Auto Trader Group or generate 0.0% return on investment in Auto Trader over 30 days. Auto Trader is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, State Bank, SoftBank Group, and Reliance Industries. Auto Trader is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Auto Trader 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 Auto Trader'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 Auto Trader Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 10.22 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 1.41 |
Auto Trader Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auto Trader's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auto Trader's standard deviation. In reality, there are many statistical measures that can use Auto Trader historical prices to predict the future Auto Trader's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | (0.07) |
Auto Trader Group Backtested Returns
Auto Trader Group secures Sharpe Ratio (or Efficiency) of -0.0328, which signifies that the company had a -0.0328% return per unit of risk over the last 3 months. Auto Trader Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Auto Trader's Risk Adjusted Performance of (0.01), mean deviation of 0.8436, and Standard Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Auto Trader's returns are expected to increase less than the market. However, during the bear market, the loss of holding Auto Trader is expected to be smaller as well. At this point, Auto Trader Group has a negative expected return of -0.0435%. Please make sure to confirm Auto Trader's potential upside, kurtosis, and the relationship between the value at risk and skewness , to decide if Auto Trader Group performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Auto Trader Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Auto Trader time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 Auto Trader Group price movement. The serial correlation of -0.77 indicates that around 77.0% of current Auto Trader price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 89.8 |
Auto Trader Group lagged returns against current returns
Autocorrelation, which is Auto Trader 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 Auto Trader's stock expected returns. We can calculate the autocorrelation of Auto Trader returns to help us make a trade decision. For example, suppose you find that Auto Trader 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 |
Auto Trader 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 Auto Trader stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auto Trader stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auto Trader stock over time.
Current vs Lagged Prices |
| Timeline |
Auto Trader Lagged Returns
When evaluating Auto Trader's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auto Trader stock have on its future price. Auto Trader 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, Auto Trader autocorrelation shows the relationship between Auto Trader stock current value and its past values and can show if there is a momentum factor associated with investing in Auto Trader Group.
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 Auto Stock Analysis
When running Auto Trader's price analysis, check to measure Auto Trader'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 Auto Trader is operating at the current time. Most of Auto Trader's value examination focuses on studying past and present price action to predict the probability of Auto Trader's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Auto Trader's price. Additionally, you may evaluate how the addition of Auto Trader to your portfolios can decrease your overall portfolio volatility.