Asian Television Network Stock Market Value
| SAT Stock | CAD 0.08 0.01 11.11% |
| Symbol | Asian |
Asian Television '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 Asian Television'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 Asian Television.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Asian Television on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Asian Television Network or generate 0.0% return on investment in Asian Television over 720 days. Asian Television is related to or competes with Capstone Mining, Nicola Mining, Globex Mining, American Hotel, Aya Gold, Ramp Metals, and Arizona Metals. Asian Television Network International Limited engages in pay television broadcasting and television broadcasting advert... More
Asian Television 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 Asian Television'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 Asian Television Network upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 76.15 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 12.5 |
Asian Television Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asian Television's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asian Television's standard deviation. In reality, there are many statistical measures that can use Asian Television historical prices to predict the future Asian Television's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (1.65) | |||
| Treynor Ratio | (0.79) |
Asian Television Network Backtested Returns
Asian Television Network secures Sharpe Ratio (or Efficiency) of -0.0226, which signifies that the company had a -0.0226% return per unit of risk over the last 3 months. Asian Television Network exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Asian Television's Risk Adjusted Performance of (0.01), standard deviation of 9.52, and Mean Deviation of 3.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.28, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Asian Television's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asian Television is expected to be smaller as well. At this point, Asian Television Network has a negative expected return of -0.22%. Please make sure to confirm Asian Television's treynor ratio, as well as the relationship between the daily balance of power and price action indicator , to decide if Asian Television Network performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Asian Television Network has modest predictability. Overlapping area represents the amount of predictability between Asian Television time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Asian Television Network price movement. The serial correlation of 0.54 indicates that about 54.0% of current Asian Television price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Asian Television Network lagged returns against current returns
Autocorrelation, which is Asian Television 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 Asian Television's stock expected returns. We can calculate the autocorrelation of Asian Television returns to help us make a trade decision. For example, suppose you find that Asian Television 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 |
Asian Television 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 Asian Television stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asian Television stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asian Television stock over time.
Current vs Lagged Prices |
| Timeline |
Asian Television Lagged Returns
When evaluating Asian Television's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asian Television stock have on its future price. Asian Television 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, Asian Television autocorrelation shows the relationship between Asian Television stock current value and its past values and can show if there is a momentum factor associated with investing in Asian Television Network.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Asian Stock Analysis
When running Asian Television's price analysis, check to measure Asian Television'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 Asian Television is operating at the current time. Most of Asian Television's value examination focuses on studying past and present price action to predict the probability of Asian Television's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asian Television's price. Additionally, you may evaluate how the addition of Asian Television to your portfolios can decrease your overall portfolio volatility.