Atari SA (France) Market Value
| ALATA Stock | 0.12 0.00 0.00% |
| Symbol | Atari |
Atari 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 Atari 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 Atari SA.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Atari SA on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Atari SA or generate 0.0% return on investment in Atari SA over 30 days. Atari SA is related to or competes with Nacon Sa, and GECI International. More
Atari 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 Atari 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 Atari SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0638 | |||
| Maximum Drawdown | 18.33 | |||
| Value At Risk | (0.20) | |||
| Potential Upside | 9.09 |
Atari SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atari SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atari SA's standard deviation. In reality, there are many statistical measures that can use Atari SA historical prices to predict the future Atari SA's volatility.| Risk Adjusted Performance | 0.0943 | |||
| Jensen Alpha | 0.3226 | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | (1.98) |
Atari SA Backtested Returns
Atari SA appears to be out of control, given 3 months investment horizon. Atari SA secures Sharpe Ratio (or Efficiency) of 0.12, which signifies that the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-one technical indicators for Atari SA, which you can use to evaluate the volatility of the firm. Please makes use of Atari SA's mean deviation of 1.15, and Risk Adjusted Performance of 0.0943 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Atari SA holds a performance score of 9. The firm shows a Beta (market volatility) of -0.15, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Atari SA are expected to decrease at a much lower rate. During the bear market, Atari SA is likely to outperform the market. Please check Atari SA's treynor ratio, day median price, and the relationship between the information ratio and kurtosis , to make a quick decision on whether Atari SA's price patterns will revert.
Auto-correlation | 0.10 |
Insignificant predictability
Atari SA has insignificant predictability. Overlapping area represents the amount of predictability between Atari SA time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Atari SA price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Atari SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.1 | |
| Spearman Rank Test | 0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atari SA lagged returns against current returns
Autocorrelation, which is Atari 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 Atari SA's stock expected returns. We can calculate the autocorrelation of Atari SA returns to help us make a trade decision. For example, suppose you find that Atari 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 |
Atari 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 Atari SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atari SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atari SA stock over time.
Current vs Lagged Prices |
| Timeline |
Atari SA Lagged Returns
When evaluating Atari SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atari SA stock have on its future price. Atari 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, Atari SA autocorrelation shows the relationship between Atari SA stock current value and its past values and can show if there is a momentum factor associated with investing in Atari SA.
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 Atari Stock Analysis
When running Atari SA's price analysis, check to measure Atari SA'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 Atari SA is operating at the current time. Most of Atari SA's value examination focuses on studying past and present price action to predict the probability of Atari SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atari SA's price. Additionally, you may evaluate how the addition of Atari SA to your portfolios can decrease your overall portfolio volatility.