Macroaxis considers AMJ land to be not very volatile. AMJ land Holdings
secures Sharpe Ratio (or Efficiency) of -0.042 which signifies that AMJ land Holdings
had -0.042% of return per unit of return volatility over the last 1 month. Macroaxis approach to foreseeing risk of any stock is to look at both systematic and un-systematic factors of the business, including all available market data and technical indicators
. AMJ land Holdings Limited exposes twenty-one different technical indicators
which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm AMJ land Holdings Risk Adjusted Performance
of 0.004352 and Mean Deviation of 2.01 to double-check risk estimate we provide. Macroaxis gives AMJ land performance score of 0 on a scale of 0 to 100. The firm shows Beta (market volatility) of -3.0582 which signifies that as returns on market increase, returns on owning AMJ land are expected to decrease by larger amounts. On the other hand, during market turmoil, AMJ land is expected to significantly outperform it.. Even though it is essential to pay attention to AMJ land Holdings historical returns, it is always good to be careful when utilizing equity current trending patterns. Macroaxis approach to foreseeing future performance of any stock is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. AMJ land Holdings Limited exposes twenty-one different technical indicators which can help you to evaluate its performance. AMJ land Holdings has expected return of -0.1338%. Please be advised to confirm AMJ land Holdings Standard Deviation, Value At Risk, Kurtosis, as well as the relationship between Jensen Alpha and Semi Variance to decide if AMJ land Holdings past performance will be repeated in the future.
|15 days auto-correlation||(0.21) |
Weak reverse predictability
AMJ land Holdings Limited has weak reverse predictability. Overlapping area represents the amount of predictability between AMJ land time series from August 19, 2018 to September 3, 2018 and September 3, 2018 to September 18, 2018. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of AMJ land Holdings price movement. The serial correlation of -0.21 indicates that over 21.0% of current AMJ land price fluctuation can be explain by its past prices. Given that AMJ land Holdings Limited has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of AMJ land for similar time interval.
|Spearman Rank Test||0.31|