Argosy Property Limited Stock Market Value
| IGPYF Stock | USD 0.69 0.00 0.00% |
| Symbol | Argosy |
Argosy Property '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 Argosy Property'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 Argosy Property.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Argosy Property on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Argosy Property Limited or generate 0.0% return on investment in Argosy Property over 720 days. Argosy Property is related to or competes with Virgin Group, Hillman Solutions, Western Digital, Skechers USA, Newell Brands, Arrow Electronics, and Usio. Its investment portfolio consists of approximately 100 properties comprising retail, industrial, and commercial properti... More
Argosy Property 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 Argosy Property'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 Argosy Property Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.99 |
Argosy Property Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Argosy Property's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Argosy Property's standard deviation. In reality, there are many statistical measures that can use Argosy Property historical prices to predict the future Argosy Property's volatility.| Risk Adjusted Performance | 0.1186 | |||
| Jensen Alpha | 0.0564 | |||
| Total Risk Alpha | (0) | |||
| Treynor Ratio | 3.8 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Argosy Property's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Argosy Property Backtested Returns
At this point, Argosy Property is moderately volatile. Argosy Property secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of standard deviation over the last 3 months. We have found seventeen technical indicators for Argosy Property Limited, which you can use to evaluate the volatility of the firm. Please confirm Argosy Property's mean deviation of 0.1322, and Risk Adjusted Performance of 0.1186 to double-check if the risk estimate we provide is consistent with the expected return of 0.0692%. Argosy Property has a performance score of 13 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0153, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Argosy Property's returns are expected to increase less than the market. However, during the bear market, the loss of holding Argosy Property is expected to be smaller as well. Argosy Property right now shows a risk of 0.41%. Please confirm Argosy Property coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day typical price , to decide if Argosy Property will be following its price patterns.
Auto-correlation | 0.74 |
Good predictability
Argosy Property Limited has good predictability. Overlapping area represents the amount of predictability between Argosy Property time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Argosy Property price movement. The serial correlation of 0.74 indicates that around 74.0% of current Argosy Property price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Argosy Property lagged returns against current returns
Autocorrelation, which is Argosy Property 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 Argosy Property's pink sheet expected returns. We can calculate the autocorrelation of Argosy Property returns to help us make a trade decision. For example, suppose you find that Argosy Property 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 |
Argosy Property 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 Argosy Property pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Argosy Property pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Argosy Property pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Argosy Property Lagged Returns
When evaluating Argosy Property's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Argosy Property pink sheet have on its future price. Argosy Property 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, Argosy Property autocorrelation shows the relationship between Argosy Property pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Argosy Property Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Argosy Pink Sheet
Argosy Property financial ratios help investors to determine whether Argosy 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 Argosy with respect to the benefits of owning Argosy Property security.