Koninklijke Ahold Delhaize Stock Market Value
| AHODF Stock | USD 30.70 0.75 2.50% |
| Symbol | Koninklijke |
Koninklijke Ahold '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 Koninklijke Ahold's otc 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 Koninklijke Ahold.
| 05/14/2022 |
| 05/03/2024 |
If you would invest 0.00 in Koninklijke Ahold on May 14, 2022 and sell it all today you would earn a total of 0.00 from holding Koninklijke Ahold Delhaize or generate 0.0% return on investment in Koninklijke Ahold over 720 days. Koninklijke Ahold is related to or competes with Sendas Distribuidora, and Weis Markets. Koninklijke Ahold Delhaize N.V. operates retail food stores and e-commerce primarily in the United States and Europe More
Koninklijke Ahold 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 Koninklijke Ahold's otc 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 Koninklijke Ahold Delhaize upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.17 | |||
| Information Ratio | 0.0671 | |||
| Maximum Drawdown | 9.48 | |||
| Value At Risk | (3.95) | |||
| Potential Upside | 2.5 |
Koninklijke Ahold Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Koninklijke Ahold's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Koninklijke Ahold's standard deviation. In reality, there are many statistical measures that can use Koninklijke Ahold historical prices to predict the future Koninklijke Ahold's volatility.| Risk Adjusted Performance | 0.0665 | |||
| Jensen Alpha | 0.2004 | |||
| Total Risk Alpha | 0.0384 | |||
| Sortino Ratio | 0.046 | |||
| Treynor Ratio | (0.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Koninklijke Ahold'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.
Koninklijke Ahold Backtested Returns
We consider Koninklijke Ahold very steady. Koninklijke Ahold has Sharpe Ratio of 0.062, which conveys that the firm had a 0.062% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Koninklijke Ahold, which you can use to evaluate the volatility of the firm. Please verify Koninklijke Ahold's Risk Adjusted Performance of 0.0665, downside deviation of 3.17, and Mean Deviation of 1.57 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Koninklijke Ahold has a performance score of 4 on a scale of 0 to 100. The company secures a Beta (Market Risk) of -0.21, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Koninklijke Ahold are expected to decrease at a much lower rate. During the bear market, Koninklijke Ahold is likely to outperform the market. Koninklijke Ahold right now secures a risk of 2.21%. Please verify Koninklijke Ahold Delhaize potential upside, daily balance of power, and the relationship between the treynor ratio and expected short fall , to decide if Koninklijke Ahold Delhaize will be following its current price movements.
Auto-correlation | -0.59 |
Good reverse predictability
Koninklijke Ahold Delhaize has good reverse predictability. Overlapping area represents the amount of predictability between Koninklijke Ahold time series from 14th of May 2022 to 9th of May 2023 and 9th of May 2023 to 3rd of May 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 Koninklijke Ahold price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Koninklijke Ahold price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 3.88 |
Koninklijke Ahold lagged returns against current returns
Autocorrelation, which is Koninklijke Ahold otc 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 Koninklijke Ahold's otc stock expected returns. We can calculate the autocorrelation of Koninklijke Ahold returns to help us make a trade decision. For example, suppose you find that Koninklijke Ahold has exhibited high autocorrelation historically, and you observe that the otc 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 |
Koninklijke Ahold 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 Koninklijke Ahold otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Koninklijke Ahold otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Koninklijke Ahold otc stock over time.
Current vs Lagged Prices |
| Timeline |
Koninklijke Ahold Lagged Returns
When evaluating Koninklijke Ahold's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Koninklijke Ahold otc stock have on its future price. Koninklijke Ahold 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, Koninklijke Ahold autocorrelation shows the relationship between Koninklijke Ahold otc stock current value and its past values and can show if there is a momentum factor associated with investing in Koninklijke Ahold Delhaize.
Regressed Prices |
| Timeline |
Pair Trading with Koninklijke Ahold
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Koninklijke Ahold position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Koninklijke Ahold will appreciate offsetting losses from the drop in the long position's value.Moving against Koninklijke OTC Stock
| 0.56 | WOLWF | Woolworths Group | PairCorr |
| 0.47 | SVNDF | Seven i Holdings | PairCorr |
The ability to find closely correlated positions to Koninklijke Ahold could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Koninklijke Ahold when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Koninklijke Ahold - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Koninklijke Ahold Delhaize to buy it.
The correlation of Koninklijke Ahold is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Koninklijke Ahold moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Koninklijke Ahold moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Koninklijke Ahold can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Koninklijke Ahold Correlation, Koninklijke Ahold Volatility and Koninklijke Ahold Alpha and Beta module to complement your research on Koninklijke Ahold. Note that the Koninklijke Ahold information on this page should be used as a complementary analysis to other Koninklijke Ahold's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Risk-Return Analysis module to view associations between returns expected from investment and the risk you assume.
Complementary Tools for Koninklijke OTC Stock analysis
When running Koninklijke Ahold's price analysis, check to measure Koninklijke Ahold'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 Koninklijke Ahold is operating at the current time. Most of Koninklijke Ahold's value examination focuses on studying past and present price action to predict the probability of Koninklijke Ahold's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Koninklijke Ahold's price. Additionally, you may evaluate how the addition of Koninklijke Ahold to your portfolios can decrease your overall portfolio volatility.
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Koninklijke Ahold technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.