All Ords (Australia) Market Value

AORD
 Index
  

 7,330  32.20  0.44%   

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

Please note, there is a significant difference between All Ords' value and its price as these two are different measures arrived at by different means. Investors typically determine All Ords value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, All Ords' 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.

All Ords '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 All Ords' index 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 All Ords.
0.00
07/18/2022
No Change 0.00  0.0 
In 31 days
08/17/2022
0.00
If you would invest  0.00  in All Ords on July 18, 2022 and sell it all today you would earn a total of 0.00 from holding All Ords or generate 0.0% return on investment in All Ords over 30 days. More

All Ords 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 All Ords' index 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 All Ords upside and downside potential and time the market with a certain degree of confidence.

All Ords Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for All Ords' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as All Ords' standard deviation. In reality, there are many statistical measures that can use All Ords historical prices to predict the future All Ords' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of All Ords' 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 All Ords in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
7,3807,3817,382
Details
Intrinsic
Valuation
LowReal ValueHigh
7,2237,2248,119
Details
Naive
Forecast
LowNext ValueHigh
7,4447,4457,446
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
6,8177,1447,472
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as All Ords. Your research has to be compared to or analyzed against All Ords' peers to derive any actionable benefits. When done correctly, All Ords' 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 All Ords.

All Ords Backtested Returns

All Ords secures Sharpe Ratio (or Efficiency) of 0.0225, which signifies that the index had 0.0225% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of an index is to use all available market data together with index-specific technical indicators that cannot be diversified away. We have found twenty-eight technical indicators for All Ords, which you can use to evaluate the future volatility of the entity.
The index shows a Beta (market volatility) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what All Ords's beta means in this case. the returns on MARKET and All Ords are completely uncorrelated. Although it is important to respect All Ords historical returns, it is better to be realistic regarding the information on the equity's current trending patterns. The philosophy towards foreseeing future performance of any index is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing All Ords technical indicators, you can presently evaluate if the expected return of 0.0222% will be sustainable into the future.

Auto-correlation

    
  0.89  

Very good predictability

All Ords has very good predictability. Overlapping area represents the amount of predictability between All Ords time series from 18th of July 2022 to 2nd of August 2022 and 2nd of August 2022 to 17th of August 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of All Ords price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current All Ords price fluctuation can be explain by its past prices.
Correlation Coefficient0.89
Spearman Rank Test0.93
Residual Average0.0
Price Variance2592.85

All Ords lagged returns against current returns

Autocorrelation, which is All Ords index'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 All Ords' index expected returns. We can calculate the autocorrelation of All Ords returns to help us make a trade decision. For example, suppose you find that All Ords index 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   
Share
       Timeline  

All Ords 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 All Ords index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if All Ords index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in All Ords index over time.
   Current vs Lagged Prices   
Share
       Timeline  

All Ords Lagged Returns

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

All Ords Investors Sentiment

The influence of All Ords' 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 All Ords. The overall investor sentiment generally increases the direction of a index movement in a one-year investment horizon. However, the impact of investor sentiment on the entire index markets does not have a solid backing from leading economists and market statisticians.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards All Ords in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, All Ords' short interest history, or implied volatility extrapolated from All Ords options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out All Ords Hype Analysis, All Ords Correlation, Portfolio Optimization, All Ords Volatility, as well as analyze All Ords Alpha and Beta and All Ords Performance. Note that the All Ords information on this page should be used as a complementary analysis to other All Ords' 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 Money Managers module to screen money managers from public funds and ETFs managed around the world.

Other Tools for All Ords Index

When running All Ords price analysis, check to measure All Ords' 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 All Ords is operating at the current time. Most of All Ords' value examination focuses on studying past and present price action to predict the probability of All Ords' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move All Ords' price. Additionally, you may evaluate how the addition of All Ords to your portfolios can decrease your overall portfolio volatility.
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