All Ords (Australia) Market Value

AORD -  Australia Index  

 7,391  87.70  1.20%

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
Backtest

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
04/22/2022
No Change 0.00  0.0 
In 30 days
05/22/2022
0.00
If you would invest  0.00  in All Ords on April 22, 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.

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
7,3907,3917,392
Details
Intrinsic
Valuation
LowReal ValueHigh
6,6527,4597,460
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 -0.0019, which signifies that the index had -0.0019% of return per unit of risk over the last 3 months. Macroaxis standpoint towards foreseeing the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. All Ords exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
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. Even though it is essential to pay attention to All Ords historical returns, it is always good to be careful when utilizing equity current trending patterns. Our philosophy towards foreseeing any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. All Ords exposes twenty-seven different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.4  

Poor reverse predictability

All Ords has poor reverse predictability. Overlapping area represents the amount of predictability between All Ords time series from 22nd of April 2022 to 7th of May 2022 and 7th of May 2022 to 22nd of May 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 -0.4 indicates that just about 40.0% of current All Ords price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.73
Residual Average0.0
Price Variance4411.67

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 
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      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 
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      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 

Be your own money manager

Our tools can tell you how much better you can do entering a position in All Ords without increasing your portfolio risk or giving up expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate.risk-adjusted returns of your individual positions relative to your overall portfolio.

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Portfolio Volatility

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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 Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.

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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