TRANSAT AT (Germany) Market Value
| 1TJ Stock | EUR 1.27 0.01 0.79% |
| Symbol | TRANSAT |
TRANSAT AT '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 TRANSAT AT'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 TRANSAT AT.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in TRANSAT AT on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding TRANSAT AT VAR or generate 0.0% return on investment in TRANSAT AT over 30 days. TRANSAT AT is related to or competes with Playa Hotels, Dalata Hotel, Western Copper, Park Hotels, MELIA HOTELS, MCEWEN MINING, and Perseus Mining. Inc. operates as an integrated international tourism company in the Americas and Europe More
TRANSAT AT 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 TRANSAT AT'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 TRANSAT AT VAR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 14.71 | |||
| Value At Risk | (3.54) | |||
| Potential Upside | 3.6 |
TRANSAT AT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TRANSAT AT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TRANSAT AT's standard deviation. In reality, there are many statistical measures that can use TRANSAT AT historical prices to predict the future TRANSAT AT's volatility.| Risk Adjusted Performance | 0.0489 | |||
| Jensen Alpha | 0.072 | |||
| Total Risk Alpha | (0.22) | |||
| Sortino Ratio | 0.0145 | |||
| Treynor Ratio | 0.2142 |
TRANSAT AT VAR Backtested Returns
At this point, TRANSAT AT is very risky. TRANSAT AT VAR retains Efficiency (Sharpe Ratio) of 0.0575, which indicates the firm had a 0.0575% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for TRANSAT AT, which you can use to evaluate the volatility of the company. Please validate TRANSAT AT's downside deviation of 2.44, and Risk Adjusted Performance of 0.0489 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. TRANSAT AT has a performance score of 4 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, TRANSAT AT's returns are expected to increase less than the market. However, during the bear market, the loss of holding TRANSAT AT is expected to be smaller as well. TRANSAT AT VAR currently owns a risk of 2.56%. Please validate TRANSAT AT VAR semi deviation, coefficient of variation, and the relationship between the mean deviation and downside deviation , to decide if TRANSAT AT VAR will be following its current price history.
Auto-correlation | 0.05 |
Virtually no predictability
TRANSAT AT VAR has virtually no predictability. Overlapping area represents the amount of predictability between TRANSAT AT time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of TRANSAT AT VAR price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current TRANSAT AT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TRANSAT AT VAR lagged returns against current returns
Autocorrelation, which is TRANSAT AT 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 TRANSAT AT's stock expected returns. We can calculate the autocorrelation of TRANSAT AT returns to help us make a trade decision. For example, suppose you find that TRANSAT AT 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 |
TRANSAT AT 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 TRANSAT AT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TRANSAT AT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TRANSAT AT stock over time.
Current vs Lagged Prices |
| Timeline |
TRANSAT AT Lagged Returns
When evaluating TRANSAT AT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TRANSAT AT stock have on its future price. TRANSAT AT 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, TRANSAT AT autocorrelation shows the relationship between TRANSAT AT stock current value and its past values and can show if there is a momentum factor associated with investing in TRANSAT AT VAR.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in TRANSAT Stock
TRANSAT AT financial ratios help investors to determine whether TRANSAT 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 TRANSAT with respect to the benefits of owning TRANSAT AT security.