Atresmedia Corporacin (Spain) Market Value
| A3M Stock | EUR 4.51 0.03 0.66% |
| Symbol | Atresmedia |
Atresmedia Corporacin '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 Atresmedia Corporacin'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 Atresmedia Corporacin.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in Atresmedia Corporacin on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding Atresmedia Corporacin de or generate 0.0% return on investment in Atresmedia Corporacin over 360 days. Atresmedia Corporacin is related to or competes with Mapfre, ENCE Energa, Acerinox, Enags SA, and Prosegur. Atresmedia Corporacin de Medios de Comunicacin, S.A., an audiovisual company, engages in the television, digital develop... More
Atresmedia Corporacin 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 Atresmedia Corporacin'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 Atresmedia Corporacin de upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.4 | |||
| Value At Risk | (1.72) | |||
| Potential Upside | 1.33 |
Atresmedia Corporacin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atresmedia Corporacin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atresmedia Corporacin's standard deviation. In reality, there are many statistical measures that can use Atresmedia Corporacin historical prices to predict the future Atresmedia Corporacin's volatility.| Risk Adjusted Performance | 0.0025 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0.02) |
Atresmedia Corporacin Backtested Returns
Atresmedia Corporacin secures Sharpe Ratio (or Efficiency) of -0.0211, which signifies that the company had a -0.0211% return per unit of risk over the last 3 months. Atresmedia Corporacin de exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atresmedia Corporacin's Mean Deviation of 0.6807, risk adjusted performance of 0.0025, and Downside Deviation of 1.12 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.43, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atresmedia Corporacin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atresmedia Corporacin is expected to be smaller as well. At this point, Atresmedia Corporacin has a negative expected return of -0.0192%. Please make sure to confirm Atresmedia Corporacin's value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if Atresmedia Corporacin performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.28 |
Weak reverse predictability
Atresmedia Corporacin de has weak reverse predictability. Overlapping area represents the amount of predictability between Atresmedia Corporacin time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th of November 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 Atresmedia Corporacin price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Atresmedia Corporacin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.28 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Atresmedia Corporacin lagged returns against current returns
Autocorrelation, which is Atresmedia Corporacin 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 Atresmedia Corporacin's stock expected returns. We can calculate the autocorrelation of Atresmedia Corporacin returns to help us make a trade decision. For example, suppose you find that Atresmedia Corporacin 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 |
Atresmedia Corporacin 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 Atresmedia Corporacin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atresmedia Corporacin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atresmedia Corporacin stock over time.
Current vs Lagged Prices |
| Timeline |
Atresmedia Corporacin Lagged Returns
When evaluating Atresmedia Corporacin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atresmedia Corporacin stock have on its future price. Atresmedia Corporacin 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, Atresmedia Corporacin autocorrelation shows the relationship between Atresmedia Corporacin stock current value and its past values and can show if there is a momentum factor associated with investing in Atresmedia Corporacin de.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Atresmedia Stock
Atresmedia Corporacin financial ratios help investors to determine whether Atresmedia 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 Atresmedia with respect to the benefits of owning Atresmedia Corporacin security.