Aroundtown Sa Stock Market Value
| AANNF Stock | USD 3.22 0.16 5.23% |
| Symbol | Aroundtown |
Aroundtown '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 Aroundtown'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 Aroundtown.
| 11/11/2022 |
| 10/31/2024 |
If you would invest 0.00 in Aroundtown on November 11, 2022 and sell it all today you would earn a total of 0.00 from holding Aroundtown SA or generate 0.0% return on investment in Aroundtown over 720 days. Aroundtown is related to or competes with IRSA Inversiones, Anywhere Real, Newmark, New York, CBRE Group, Frp Holdings, and Marcus Millichap. Aroundtown SA, together with its subsidiaries, operates as a real estate company in Germany, the Netherlands, the United... More
Aroundtown 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 Aroundtown'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 Aroundtown SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2147 | |||
| Maximum Drawdown | 21.94 | |||
| Value At Risk | (0.78) | |||
| Potential Upside | 5.52 |
Aroundtown Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aroundtown's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aroundtown's standard deviation. In reality, there are many statistical measures that can use Aroundtown historical prices to predict the future Aroundtown's volatility.| Risk Adjusted Performance | 0.1853 | |||
| Jensen Alpha | 0.6895 | |||
| Total Risk Alpha | 0.5086 | |||
| Treynor Ratio | (2.86) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aroundtown'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.
Aroundtown SA Backtested Returns
Aroundtown appears to be relatively risky, given 3 months investment horizon. Aroundtown SA secures Sharpe Ratio (or Efficiency) of 0.24, which signifies that the company had a 0.24% return per unit of risk over the last 3 months. By analyzing Aroundtown's technical indicators, you can evaluate if the expected return of 0.72% is justified by implied risk. Please makes use of Aroundtown's Mean Deviation of 1.41, standard deviation of 2.96, and Risk Adjusted Performance of 0.1853 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aroundtown holds a performance score of 18. The firm shows a Beta (market volatility) of -0.24, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aroundtown are expected to decrease at a much lower rate. During the bear market, Aroundtown is likely to outperform the market. Please check Aroundtown's maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to make a quick decision on whether Aroundtown's price patterns will revert.
Auto-correlation | 0.20 |
Weak predictability
Aroundtown SA has weak predictability. Overlapping area represents the amount of predictability between Aroundtown time series from 11th of November 2022 to 6th of November 2023 and 6th of November 2023 to 31st of October 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 Aroundtown SA price movement. The serial correlation of 0.2 indicates that over 20.0% of current Aroundtown price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.2 | |
| Spearman Rank Test | 0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Aroundtown SA lagged returns against current returns
Autocorrelation, which is Aroundtown 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 Aroundtown's pink sheet expected returns. We can calculate the autocorrelation of Aroundtown returns to help us make a trade decision. For example, suppose you find that Aroundtown 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 |
Aroundtown 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 Aroundtown pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aroundtown pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aroundtown pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aroundtown Lagged Returns
When evaluating Aroundtown's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aroundtown pink sheet have on its future price. Aroundtown 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, Aroundtown autocorrelation shows the relationship between Aroundtown pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aroundtown SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aroundtown Pink Sheet
Aroundtown financial ratios help investors to determine whether Aroundtown 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 Aroundtown with respect to the benefits of owning Aroundtown security.