Adris Grupa (Croatia) Market Value
| ADRS2 Stock | 87.00 1.00 1.16% |
| Symbol | Adris |
Adris Grupa '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 Adris Grupa'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 Adris Grupa.
| 02/02/2025 |
| 03/04/2025 |
If you would invest 0.00 in Adris Grupa on February 2, 2025 and sell it all today you would earn a total of 0.00 from holding Adris Grupa dd or generate 0.0% return on investment in Adris Grupa over 30 days. Adris Grupa is related to or competes with AD Plastik, Hrvatska Postanska, Dalekovod, Podravka Prehrambena, and Zagrebacka Banka. More
Adris Grupa 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 Adris Grupa'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 Adris Grupa dd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.95 | |||
| Information Ratio | 0.1113 | |||
| Maximum Drawdown | 10.74 | |||
| Value At Risk | (2.50) | |||
| Potential Upside | 2.56 |
Adris Grupa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adris Grupa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adris Grupa's standard deviation. In reality, there are many statistical measures that can use Adris Grupa historical prices to predict the future Adris Grupa's volatility.| Risk Adjusted Performance | 0.067 | |||
| Jensen Alpha | 0.1353 | |||
| Total Risk Alpha | 0.2717 | |||
| Sortino Ratio | 0.0984 | |||
| Treynor Ratio | 2.26 |
Adris Grupa dd Backtested Returns
Adris Grupa appears to be very steady, given 3 months investment horizon. Adris Grupa dd secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Adris Grupa dd, which you can use to evaluate the volatility of the firm. Please makes use of Adris Grupa's Risk Adjusted Performance of 0.067, downside deviation of 1.95, and Mean Deviation of 1.22 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adris Grupa holds a performance score of 8. The firm shows a Beta (market volatility) of 0.0583, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Adris Grupa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Adris Grupa is expected to be smaller as well. Please check Adris Grupa's jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Adris Grupa's price patterns will revert.
Auto-correlation | -0.1 |
Very weak reverse predictability
Adris Grupa dd has very weak reverse predictability. Overlapping area represents the amount of predictability between Adris Grupa time series from 2nd of February 2025 to 17th of February 2025 and 17th of February 2025 to 4th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Adris Grupa dd price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Adris Grupa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Adris Grupa dd lagged returns against current returns
Autocorrelation, which is Adris Grupa 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 Adris Grupa's stock expected returns. We can calculate the autocorrelation of Adris Grupa returns to help us make a trade decision. For example, suppose you find that Adris Grupa 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 |
Adris Grupa 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 Adris Grupa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adris Grupa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adris Grupa stock over time.
Current vs Lagged Prices |
| Timeline |
Adris Grupa Lagged Returns
When evaluating Adris Grupa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adris Grupa stock have on its future price. Adris Grupa 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, Adris Grupa autocorrelation shows the relationship between Adris Grupa stock current value and its past values and can show if there is a momentum factor associated with investing in Adris Grupa dd.
Regressed Prices |
| Timeline |
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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.Additional Tools for Adris Stock Analysis
When running Adris Grupa's price analysis, check to measure Adris Grupa's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Adris Grupa is operating at the current time. Most of Adris Grupa's value examination focuses on studying past and present price action to predict the probability of Adris Grupa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adris Grupa's price. Additionally, you may evaluate how the addition of Adris Grupa to your portfolios can decrease your overall portfolio volatility.