Angling Direct (UK) Market Value
| ANG Stock | 46.00 0.00 0.00% |
| Symbol | Angling |
Angling Direct '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 Angling Direct'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 Angling Direct.
| 04/22/2025 |
| 07/21/2025 |
If you would invest 0.00 in Angling Direct on April 22, 2025 and sell it all today you would earn a total of 0.00 from holding Angling Direct PLC or generate 0.0% return on investment in Angling Direct over 90 days. Angling Direct is related to or competes with Odyssean Investment, BlackRock Frontiers, Lundin Mining, Aberdeen Diversified, METALL ZUG, Temple Bar, and Schroders Investment. Angling Direct is entity of United Kingdom More
Angling Direct 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 Angling Direct'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 Angling Direct PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.05 | |||
| Information Ratio | 0.1426 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (1.23) | |||
| Potential Upside | 5.0 |
Angling Direct Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Angling Direct's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Angling Direct's standard deviation. In reality, there are many statistical measures that can use Angling Direct historical prices to predict the future Angling Direct's volatility.| Risk Adjusted Performance | 0.2022 | |||
| Jensen Alpha | 0.4554 | |||
| Total Risk Alpha | 0.136 | |||
| Sortino Ratio | 0.0966 | |||
| Treynor Ratio | (1.87) |
Angling Direct PLC Backtested Returns
Angling Direct appears to be very steady, given 3 months investment horizon. Angling Direct PLC secures Sharpe Ratio (or Efficiency) of 0.22, which signifies that the company had a 0.22 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Angling Direct PLC, which you can use to evaluate the volatility of the firm. Please makes use of Angling Direct's risk adjusted performance of 0.2022, and Mean Deviation of 1.2 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Angling Direct holds a performance score of 17. The firm shows a Beta (market volatility) of -0.23, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Angling Direct are expected to decrease at a much lower rate. During the bear market, Angling Direct is likely to outperform the market. Please check Angling Direct's downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio , to make a quick decision on whether Angling Direct's price patterns will revert.
Auto-correlation | -0.53 |
Good reverse predictability
Angling Direct PLC has good reverse predictability. Overlapping area represents the amount of predictability between Angling Direct time series from 22nd of April 2025 to 6th of June 2025 and 6th of June 2025 to 21st 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 Angling Direct PLC price movement. The serial correlation of -0.53 indicates that about 53.0% of current Angling Direct price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.46 | |
| Residual Average | 0.0 | |
| Price Variance | 1.42 |
Angling Direct PLC lagged returns against current returns
Autocorrelation, which is Angling Direct 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 Angling Direct's stock expected returns. We can calculate the autocorrelation of Angling Direct returns to help us make a trade decision. For example, suppose you find that Angling Direct 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 |
Angling Direct 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 Angling Direct stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Angling Direct stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Angling Direct stock over time.
Current vs Lagged Prices |
| Timeline |
Angling Direct Lagged Returns
When evaluating Angling Direct's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Angling Direct stock have on its future price. Angling Direct 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, Angling Direct autocorrelation shows the relationship between Angling Direct stock current value and its past values and can show if there is a momentum factor associated with investing in Angling Direct PLC.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Angling Stock
Angling Direct financial ratios help investors to determine whether Angling 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 Angling with respect to the benefits of owning Angling Direct security.