ATLAND SA (Germany) Market Value
| 8L9 Stock | EUR 41.60 0.40 0.97% |
| Symbol | ATLAND |
ATLAND SA '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 ATLAND SA'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 ATLAND SA.
| 12/24/2022 |
| 12/13/2024 |
If you would invest 0.00 in ATLAND SA on December 24, 2022 and sell it all today you would earn a total of 0.00 from holding ATLAND SA INH or generate 0.0% return on investment in ATLAND SA over 720 days. ATLAND SA is related to or competes with Electronic Arts, Nucletron Electronic, PARKEN Sport, TT Electronics, AOI Electronics, GREENX METALS, and UET United. It invests in offices, retail outlets, warehouses, or light industrial premises More
ATLAND SA 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 ATLAND SA'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 ATLAND SA INH upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 10.17 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 3.23 |
ATLAND SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATLAND SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATLAND SA's standard deviation. In reality, there are many statistical measures that can use ATLAND SA historical prices to predict the future ATLAND SA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.25) | |||
| Treynor Ratio | 0.1418 |
ATLAND SA INH Backtested Returns
ATLAND SA INH secures Sharpe Ratio (or Efficiency) of -0.0109, which signifies that the company had a -0.0109% return per unit of return volatility over the last 3 months. ATLAND SA INH exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATLAND SA's Coefficient Of Variation of (9,354), insignificant risk adjusted performance, and Mean Deviation of 0.8738 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.19, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ATLAND SA are expected to decrease at a much lower rate. During the bear market, ATLAND SA is likely to outperform the market. At this point, ATLAND SA INH has a negative expected return of -0.0173%. Please make sure to confirm ATLAND SA's total risk alpha, maximum drawdown, and the relationship between the jensen alpha and treynor ratio , to decide if ATLAND SA INH performance from the past will be repeated at future time.
Auto-correlation | -0.25 |
Weak reverse predictability
ATLAND SA INH has weak reverse predictability. Overlapping area represents the amount of predictability between ATLAND SA time series from 24th of December 2022 to 19th of December 2023 and 19th of December 2023 to 13th 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 ATLAND SA INH price movement. The serial correlation of -0.25 indicates that over 25.0% of current ATLAND SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 8.51 |
ATLAND SA INH lagged returns against current returns
Autocorrelation, which is ATLAND SA 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 ATLAND SA's stock expected returns. We can calculate the autocorrelation of ATLAND SA returns to help us make a trade decision. For example, suppose you find that ATLAND SA 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 |
ATLAND SA 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 ATLAND SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATLAND SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATLAND SA stock over time.
Current vs Lagged Prices |
| Timeline |
ATLAND SA Lagged Returns
When evaluating ATLAND SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATLAND SA stock have on its future price. ATLAND SA 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, ATLAND SA autocorrelation shows the relationship between ATLAND SA stock current value and its past values and can show if there is a momentum factor associated with investing in ATLAND SA INH.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ATLAND Stock
ATLAND SA financial ratios help investors to determine whether ATLAND 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 ATLAND with respect to the benefits of owning ATLAND SA security.