Aptiv PLC (Germany) Market Value
| D7A Stock | EUR 52.53 0.33 0.63% |
| Symbol | Aptiv |
Aptiv PLC '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 Aptiv PLC'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 Aptiv PLC.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Aptiv PLC on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Aptiv PLC or generate 0.0% return on investment in Aptiv PLC over 30 days. Aptiv PLC is related to or competes with PT Astra, Magna International, Fuyao Glass, Superior Plus, NMI Holdings, Origin Agritech, and SIVERS SEMICONDUCTORS. Aptiv PLC, together with its subsidiaries, designs and manufacturers vehicle components, and provides electrical, electr... More
Aptiv PLC 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 Aptiv PLC'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 Aptiv PLC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 20.72 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 4.32 |
Aptiv PLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aptiv PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aptiv PLC's standard deviation. In reality, there are many statistical measures that can use Aptiv PLC historical prices to predict the future Aptiv PLC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.66) | |||
| Treynor Ratio | (0.20) |
Aptiv PLC Backtested Returns
Aptiv PLC secures Sharpe Ratio (or Efficiency) of -0.0959, which signifies that the company had a -0.0959% return per unit of risk over the last 3 months. Aptiv PLC exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aptiv PLC's Standard Deviation of 2.84, risk adjusted performance of (0.05), and Mean Deviation of 1.79 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.16, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Aptiv PLC will likely underperform. At this point, Aptiv PLC has a negative expected return of -0.28%. Please make sure to confirm Aptiv PLC's total risk alpha, potential upside, kurtosis, as well as the relationship between the treynor ratio and skewness , to decide if Aptiv PLC performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.36 |
Below average predictability
Aptiv PLC has below average predictability. Overlapping area represents the amount of predictability between Aptiv PLC time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Aptiv PLC price movement. The serial correlation of 0.36 indicates that just about 36.0% of current Aptiv PLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | -0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.33 |
Aptiv PLC lagged returns against current returns
Autocorrelation, which is Aptiv PLC 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 Aptiv PLC's stock expected returns. We can calculate the autocorrelation of Aptiv PLC returns to help us make a trade decision. For example, suppose you find that Aptiv PLC 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 |
Aptiv PLC 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 Aptiv PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aptiv PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aptiv PLC stock over time.
Current vs Lagged Prices |
| Timeline |
Aptiv PLC Lagged Returns
When evaluating Aptiv PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aptiv PLC stock have on its future price. Aptiv PLC 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, Aptiv PLC autocorrelation shows the relationship between Aptiv PLC stock current value and its past values and can show if there is a momentum factor associated with investing in Aptiv PLC.
Regressed Prices |
| Timeline |
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Additional Information and Resources on Investing in Aptiv Stock
When determining whether Aptiv PLC is a strong investment it is important to analyze Aptiv PLC's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Aptiv PLC's future performance. For an informed investment choice regarding Aptiv Stock, refer to the following important reports:Check out Aptiv PLC Correlation, Aptiv PLC Volatility and Aptiv PLC Alpha and Beta module to complement your research on Aptiv PLC. For more detail on how to invest in Aptiv Stock please use our How to Invest in Aptiv PLC guide.You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Aptiv PLC technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.