Alibaba Health (Germany) Market Value
| TWY Stock | 0.44 0.01 2.22% |
| Symbol | Alibaba |
Alibaba Health '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 Alibaba Health'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 Alibaba Health.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Alibaba Health on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Alibaba Health Information or generate 0.0% return on investment in Alibaba Health over 30 days. Alibaba Health is related to or competes with Alibaba Health, Beijing Tong, Oriola Oyj, and Rite Aid. More
Alibaba Health 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 Alibaba Health'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 Alibaba Health Information upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.0 | |||
| Information Ratio | 0.081 | |||
| Maximum Drawdown | 46.78 | |||
| Value At Risk | (5.77) | |||
| Potential Upside | 9.09 |
Alibaba Health Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alibaba Health's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alibaba Health's standard deviation. In reality, there are many statistical measures that can use Alibaba Health historical prices to predict the future Alibaba Health's volatility.| Risk Adjusted Performance | 0.0842 | |||
| Jensen Alpha | 0.5484 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0864 | |||
| Treynor Ratio | 0.8717 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Alibaba Health'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.
Alibaba Health Infor Backtested Returns
Alibaba Health appears to be out of control, given 3 months investment horizon. Alibaba Health Infor secures Sharpe Ratio (or Efficiency) of 0.0996, which signifies that the company had a 0.0996% return per unit of risk over the last 3 months. By analyzing Alibaba Health's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of Alibaba Health's Mean Deviation of 4.15, downside deviation of 6.0, and Risk Adjusted Performance of 0.0842 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Alibaba Health holds a performance score of 7. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alibaba Health's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alibaba Health is expected to be smaller as well. Please check Alibaba Health's sortino ratio, skewness, relative strength index, as well as the relationship between the potential upside and day median price , to make a quick decision on whether Alibaba Health's price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Alibaba Health Information has poor reverse predictability. Overlapping area represents the amount of predictability between Alibaba Health time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Alibaba Health Infor price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Alibaba Health price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Alibaba Health Infor lagged returns against current returns
Autocorrelation, which is Alibaba Health 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 Alibaba Health's stock expected returns. We can calculate the autocorrelation of Alibaba Health returns to help us make a trade decision. For example, suppose you find that Alibaba Health 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 |
Alibaba Health 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 Alibaba Health stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alibaba Health stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alibaba Health stock over time.
Current vs Lagged Prices |
| Timeline |
Alibaba Health Lagged Returns
When evaluating Alibaba Health's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alibaba Health stock have on its future price. Alibaba Health 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, Alibaba Health autocorrelation shows the relationship between Alibaba Health stock current value and its past values and can show if there is a momentum factor associated with investing in Alibaba Health Information.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Alibaba Stock Analysis
When running Alibaba Health's price analysis, check to measure Alibaba Health'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 Alibaba Health is operating at the current time. Most of Alibaba Health's value examination focuses on studying past and present price action to predict the probability of Alibaba Health's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Alibaba Health's price. Additionally, you may evaluate how the addition of Alibaba Health to your portfolios can decrease your overall portfolio volatility.