Australian Unity (Australia) Market Value

AOF -  Australia Stock  

AUD 2.35  0.03  1.26%

Australian Unity's market value is the price at which a share of Australian Unity stock trades on a public exchange. It measures the collective expectations of Australian Unity Office investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Australian Unity Office and determine expected loss or profit from investing in Australian Unity over a given investment horizon. Please continue to Australian Unity Hype Analysis, Australian Unity Correlation, Australian Unity Valuation, Australian Unity Volatility, as well as analyze Australian Unity Alpha and Beta and Australian Unity Performance.
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Backtest

Please note, there is a significant difference between Australian Unity's value and its price as these two are different measures arrived at by different means. Investors typically determine Australian Unity value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Australian Unity's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Australian Unity '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 Australian Unity'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 Australian Unity.
0.00
03/31/2021
No Change 0.00  0.0 
In 4 months and 1 day
07/29/2021
0.00
If you would invest  0.00  in Australian Unity on March 31, 2021 and sell it all today you would earn a total of 0.00 from holding Australian Unity Office or generate 0.0% return on investment in Australian Unity over 120 days. Australian Unity is related to or competes with Charter Hall, DEXUS STAPLED, National Storage, CHARTER HG, Abacus Property, Growthpoint Properties, and Australian Unity. AOF is an ASX-listed REIT that wholly owns a diversified portfolio of nine office properties located across Australian m...

Australian Unity 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 Australian Unity'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 Australian Unity Office upside and downside potential and time the market with a certain degree of confidence.

Australian Unity Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Australian Unity's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Australian Unity's standard deviation. In reality, there are many statistical measures that can use Australian Unity historical prices to predict the future Australian Unity's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Australian Unity'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. Please use the tools below to analyze the current value of Australian Unity in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
0.112.354.59
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Intrinsic
Valuation
LowReal ValueHigh
0.102.074.31
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Naive
Forecast
LowNext ValueHigh
0.202.434.67
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Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.232.492.76
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Please note, it is not enough to conduct a financial or market analysis of a single entity such as Australian Unity. Your research has to be compared to or analyzed against Australian Unity's peers to derive any actionable benefits. When done correctly, Australian Unity's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Australian Unity Office.

Australian Unity Office Backtested Returns

Australian Unity Office secures Sharpe Ratio (or Efficiency) of -0.0263, which signifies that the company had -0.0263% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Australian Unity Office exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to confirm Australian Unity Office Risk Adjusted Performance of 0.0096, downside deviation of 2.46, and Mean Deviation of 1.53 to double-check the risk estimate we provide.
The firm shows a Beta (market volatility) of 0.0448, which signifies not very significant fluctuations relative to the market. Let's try to break down what Australian's beta means in this case. As returns on the market increase, Australian Unity returns are expected to increase less than the market. However, during the bear market, the loss on holding Australian Unity will be expected to be smaller as well. Even though it is essential to pay attention to Australian Unity Office historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Australian Unity Office exposes twenty-one different technical indicators, which can help you to evaluate its performance. Australian Unity Office has an expected return of -0.0589%. Please be advised to confirm Australian Unity Office jensen alpha, maximum drawdown, and the relationship between the information ratio and treynor ratio to decide if Australian Unity Office performance from the past will be repeated at some point in the near future.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.52)   

Good reverse predictability

Australian Unity Office has good reverse predictability. Overlapping area represents the amount of predictability between Australian Unity time series from 31st of March 2021 to 30th of May 2021 and 30th of May 2021 to 29th of July 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Australian Unity Office price movement. The serial correlation of -0.52 indicates that about 52.0% of current Australian Unity price fluctuation can be explain by its past prices. Given that Australian Unity Office has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Australian Unity for similar time interval.
Correlation Coefficient-0.52
Spearman Rank Test-0.66
Residual Average0.0
Price Variance0.03

Australian Unity Office lagged returns against current returns

Autocorrelation, which is Australian Unity 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 Australian Unity's stock expected returns. We can calculate the autocorrelation of Australian Unity returns to help us make a trade decision. For example, suppose you find that Australian Unity stock 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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Australian Unity 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 Australian Unity stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Australian Unity stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Australian Unity stock over time.
 Current vs Lagged Prices 
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Australian Unity Lagged Returns

When evaluating Australian Unity's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Australian Unity stock have on its future price. Australian Unity 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, Australian Unity autocorrelation shows the relationship between Australian Unity stock current value and its past values and can show if there is a momentum factor associated with investing in Australian Unity Office.
 Regressed Prices 
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      Timeline 

Australian Unity Investors Sentiment

The influence of Australian Unity's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Australian. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - AOF

Australian Unity Office Investor Sentiment

Macroaxis portfolio users are unresponsive in their sentiment towards investing in Australian Unity Office. What is your sentiment towards investing in Australian Unity Office? Are you bullish or bearish?
Bullish
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50% Bearish
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Pair Trading with Australian Unity

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 Australian Unity 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 Australian Unity will appreciate offsetting losses from the drop in the long position's value.

Australian Unity Pair Correlation

Equities Pair Trading Analysis

Correlation analysis and pair trading evaluation for Australian Unity and Charter Hall Retail. Pair trading can be used as a hedging technique within a particular sector or industry or even over random equities to generate better risk-adjusted return
Run Pair Correlation  
Please continue to Australian Unity Hype Analysis, Australian Unity Correlation, Australian Unity Valuation, Australian Unity Volatility, as well as analyze Australian Unity Alpha and Beta and Australian Unity Performance. Note that the Australian Unity Office information on this page should be used as a complementary analysis to other Australian Unity'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 Pattern Recognition module to use different Pattern Recognition models to time the market across multiple global exchanges.

Complementary Tools for Australian Stock analysis

When running Australian Unity Office price analysis, check to measure Australian Unity'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 Australian Unity is operating at the current time. Most of Australian Unity's value examination focuses on studying past and present price action to predict the probability of Australian Unity's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Australian Unity's price. Additionally, you may evaluate how the addition of Australian Unity to your portfolios can decrease your overall portfolio volatility.
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Australian Unity technical 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, stock market cycles, or different charting patterns.
A focus of Australian Unity technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Australian Unity trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...