Atlantic Sapphire Asa Stock Market Value
| AASZF Stock | USD 0.01 0.0009 12.00% |
| Symbol | Atlantic |
Atlantic Sapphire '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 Atlantic Sapphire's otc 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 Atlantic Sapphire.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Atlantic Sapphire on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Atlantic Sapphire ASA or generate 0.0% return on investment in Atlantic Sapphire over 510 days. Atlantic Sapphire is related to or competes with Avi, Aryzta AG, and Artisan Consumer. Atlantic Sapphire ASA, together with its subsidiaries, engages in the land-based salmon farming business More
Atlantic Sapphire 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 Atlantic Sapphire's otc 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 Atlantic Sapphire ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 151.41 | |||
| Value At Risk | (36.36) | |||
| Potential Upside | 37.5 |
Atlantic Sapphire Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlantic Sapphire's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlantic Sapphire's standard deviation. In reality, there are many statistical measures that can use Atlantic Sapphire historical prices to predict the future Atlantic Sapphire's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (1.24) | |||
| Total Risk Alpha | (5.07) | |||
| Treynor Ratio | (2.67) |
Atlantic Sapphire ASA Backtested Returns
Atlantic Sapphire ASA secures Sharpe Ratio (or Efficiency) of -0.0262, which signifies that the company had a -0.0262% return per unit of risk over the last 3 months. Atlantic Sapphire ASA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlantic Sapphire's Standard Deviation of 25.0, mean deviation of 17.54, and Risk Adjusted Performance of (0.03) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.44, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atlantic Sapphire's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlantic Sapphire is expected to be smaller as well. At this point, Atlantic Sapphire ASA has a negative expected return of -0.66%. Please make sure to confirm Atlantic Sapphire's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Atlantic Sapphire ASA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.49 |
Average predictability
Atlantic Sapphire ASA has average predictability. Overlapping area represents the amount of predictability between Atlantic Sapphire time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Atlantic Sapphire ASA price movement. The serial correlation of 0.49 indicates that about 49.0% of current Atlantic Sapphire price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Atlantic Sapphire ASA lagged returns against current returns
Autocorrelation, which is Atlantic Sapphire otc 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 Atlantic Sapphire's otc stock expected returns. We can calculate the autocorrelation of Atlantic Sapphire returns to help us make a trade decision. For example, suppose you find that Atlantic Sapphire has exhibited high autocorrelation historically, and you observe that the otc 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 |
Atlantic Sapphire 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 Atlantic Sapphire otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlantic Sapphire otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlantic Sapphire otc stock over time.
Current vs Lagged Prices |
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Atlantic Sapphire Lagged Returns
When evaluating Atlantic Sapphire's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlantic Sapphire otc stock have on its future price. Atlantic Sapphire 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, Atlantic Sapphire autocorrelation shows the relationship between Atlantic Sapphire otc stock current value and its past values and can show if there is a momentum factor associated with investing in Atlantic Sapphire ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Atlantic OTC Stock
Atlantic Sapphire financial ratios help investors to determine whether Atlantic OTC 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 Atlantic with respect to the benefits of owning Atlantic Sapphire security.