Atco Stock Market Value
| ACLLF Stock | USD 35.31 0.09 0.26% |
| Symbol | Atco |
Atco '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 Atco's pink sheet 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 Atco.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Atco on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Atco or generate 0.0% return on investment in Atco over 720 days. Atco is related to or competes with Energy Of, Avista, Allete, AES, RWE AG, Companhia Energetica, and Black Hills. ATCO Ltd., together with its subsidiaries, provides housing, logistics and transportation, agriculture, water, real esta... More
Atco 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 Atco's pink sheet 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 Atco upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9956 | |||
| Information Ratio | 0.0206 | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.77 |
Atco Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atco's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atco's standard deviation. In reality, there are many statistical measures that can use Atco historical prices to predict the future Atco's volatility.| Risk Adjusted Performance | 0.1019 | |||
| Jensen Alpha | 0.1007 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0206 | |||
| Treynor Ratio | 0.6186 |
Atco Backtested Returns
At this point, Atco is very steady. Atco secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for Atco, which you can use to evaluate the volatility of the firm. Please confirm Atco's mean deviation of 0.7691, and Risk Adjusted Performance of 0.1019 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Atco has a performance score of 8 on a scale of 0 to 100. 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, Atco's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atco is expected to be smaller as well. Atco right now shows a risk of 1.0%. Please confirm Atco sortino ratio, semi variance, and the relationship between the information ratio and value at risk , to decide if Atco will be following its price patterns.
Auto-correlation | -0.83 |
Excellent reverse predictability
Atco has excellent reverse predictability. Overlapping area represents the amount of predictability between Atco time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Atco price movement. The serial correlation of -0.83 indicates that around 83.0% of current Atco price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 9.42 |
Atco lagged returns against current returns
Autocorrelation, which is Atco pink sheet'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 Atco's pink sheet expected returns. We can calculate the autocorrelation of Atco returns to help us make a trade decision. For example, suppose you find that Atco has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Atco 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 Atco pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atco pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atco pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Atco Lagged Returns
When evaluating Atco's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atco pink sheet have on its future price. Atco 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, Atco autocorrelation shows the relationship between Atco pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Atco.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Atco Pink Sheet
Atco financial ratios help investors to determine whether Atco Pink Sheet 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 Atco with respect to the benefits of owning Atco security.