Aberdeen Standard (Mexico) Market Value
| PPLT Etf | MXN 1,748 32.10 1.80% |
| Symbol | Aberdeen |
Aberdeen Standard '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 Aberdeen Standard's etf 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 Aberdeen Standard.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Aberdeen Standard on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Aberdeen Standard Platinum or generate 0.0% return on investment in Aberdeen Standard over 30 days. Aberdeen Standard is related to or competes with Vanguard Index, Vanguard Index, Vanguard STAR, SPDR SP, IShares Trust, Vanguard Bond, and Invesco QQQ. The investment seeks to reflect the performance of the price of physical platinum, less the expenses of the Trusts opera... More
Aberdeen Standard 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 Aberdeen Standard's etf 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 Aberdeen Standard Platinum upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 12.51 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 0.5714 |
Aberdeen Standard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aberdeen Standard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aberdeen Standard's standard deviation. In reality, there are many statistical measures that can use Aberdeen Standard historical prices to predict the future Aberdeen Standard's volatility.| Risk Adjusted Performance | 0.0378 | |||
| Jensen Alpha | 0.0753 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (0.25) |
Aberdeen Standard Backtested Returns
At this stage we consider Aberdeen Etf to be very steady. Aberdeen Standard secures Sharpe Ratio (or Efficiency) of 0.0423, which signifies that the etf had a 0.0423% return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Aberdeen Standard Platinum, which you can use to evaluate the volatility of the entity. Please confirm Aberdeen Standard's risk adjusted performance of 0.0378, and Mean Deviation of 0.4227 to double-check if the risk estimate we provide is consistent with the expected return of 0.0583%. The etf shows a Beta (market volatility) of -0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aberdeen Standard are expected to decrease at a much lower rate. During the bear market, Aberdeen Standard is likely to outperform the market.
Auto-correlation | 0.11 |
Insignificant predictability
Aberdeen Standard Platinum has insignificant predictability. Overlapping area represents the amount of predictability between Aberdeen Standard time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Aberdeen Standard price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Aberdeen Standard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 255.47 |
Aberdeen Standard lagged returns against current returns
Autocorrelation, which is Aberdeen Standard etf'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 Aberdeen Standard's etf expected returns. We can calculate the autocorrelation of Aberdeen Standard returns to help us make a trade decision. For example, suppose you find that Aberdeen Standard has exhibited high autocorrelation historically, and you observe that the etf 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 |
Aberdeen Standard 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 Aberdeen Standard etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aberdeen Standard etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aberdeen Standard etf over time.
Current vs Lagged Prices |
| Timeline |
Aberdeen Standard Lagged Returns
When evaluating Aberdeen Standard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aberdeen Standard etf have on its future price. Aberdeen Standard 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, Aberdeen Standard autocorrelation shows the relationship between Aberdeen Standard etf current value and its past values and can show if there is a momentum factor associated with investing in Aberdeen Standard Platinum.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Aberdeen Etf
Aberdeen Standard financial ratios help investors to determine whether Aberdeen Etf 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 Aberdeen with respect to the benefits of owning Aberdeen Standard security.