Andlauer Healthcare Gr Stock Market Value
| AND Stock | CAD 53.40 0.06 0.11% |
| Symbol | Andlauer |
Andlauer Healthcare Price To Book Ratio
Andlauer Healthcare '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 Andlauer Healthcare'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 Andlauer Healthcare.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Andlauer Healthcare on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Andlauer Healthcare Gr or generate 0.0% return on investment in Andlauer Healthcare over 90 days. Andlauer Healthcare is related to or competes with Cargojet, Cargojet, Dream Unlimited, Real Matters, TECSYS, and Titanium Transportation. Andlauer Healthcare Group Inc., a supply chain management company, provides a platform of customized third-party logisti... More
Andlauer Healthcare 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 Andlauer Healthcare'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 Andlauer Healthcare Gr upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.2937 | |||
| Information Ratio | 0.0997 | |||
| Maximum Drawdown | 28.03 | |||
| Value At Risk | (0.38) | |||
| Potential Upside | 1.28 |
Andlauer Healthcare Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Andlauer Healthcare's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Andlauer Healthcare's standard deviation. In reality, there are many statistical measures that can use Andlauer Healthcare historical prices to predict the future Andlauer Healthcare's volatility.| Risk Adjusted Performance | 0.1395 | |||
| Jensen Alpha | 0.4219 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 1.14 | |||
| Treynor Ratio | 1.4 |
Andlauer Healthcare Backtested Returns
Andlauer Healthcare appears to be very steady, given 3 months investment horizon. Andlauer Healthcare secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13 % return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Andlauer Healthcare Gr, which you can use to evaluate the volatility of the firm. Please makes use of Andlauer Healthcare's risk adjusted performance of 0.1395, and Mean Deviation of 0.9437 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Andlauer Healthcare holds a performance score of 9. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Andlauer Healthcare's returns are expected to increase less than the market. However, during the bear market, the loss of holding Andlauer Healthcare is expected to be smaller as well. Please check Andlauer Healthcare's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Andlauer Healthcare's price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Andlauer Healthcare Gr has insignificant reverse predictability. Overlapping area represents the amount of predictability between Andlauer Healthcare time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Andlauer Healthcare price movement. The serial correlation of -0.16 indicates that over 16.0% of current Andlauer Healthcare price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.34 |
Andlauer Healthcare lagged returns against current returns
Autocorrelation, which is Andlauer Healthcare 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 Andlauer Healthcare's stock expected returns. We can calculate the autocorrelation of Andlauer Healthcare returns to help us make a trade decision. For example, suppose you find that Andlauer Healthcare 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Andlauer Healthcare 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 Andlauer Healthcare stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Andlauer Healthcare stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Andlauer Healthcare stock over time.
Current vs Lagged Prices |
| Timeline |
Andlauer Healthcare Lagged Returns
When evaluating Andlauer Healthcare's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Andlauer Healthcare stock have on its future price. Andlauer Healthcare 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, Andlauer Healthcare autocorrelation shows the relationship between Andlauer Healthcare stock current value and its past values and can show if there is a momentum factor associated with investing in Andlauer Healthcare Gr.
Regressed Prices |
| Timeline |
Pair Trading with Andlauer Healthcare
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 Andlauer Healthcare 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 Andlauer Healthcare will appreciate offsetting losses from the drop in the long position's value.Moving together with Andlauer Stock
The ability to find closely correlated positions to Andlauer Healthcare could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Andlauer Healthcare 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 Andlauer Healthcare - 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 Andlauer Healthcare Gr to buy it.
The correlation of Andlauer Healthcare 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 Andlauer Healthcare moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Andlauer Healthcare 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 Andlauer Healthcare 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.Other Information on Investing in Andlauer Stock
Andlauer Healthcare financial ratios help investors to determine whether Andlauer Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Andlauer with respect to the benefits of owning Andlauer Healthcare security.