TaTaTu SpA (France) Market Value
| ALTTU Stock | 5.45 0.00 0.00% |
| Symbol | TaTaTu |
TaTaTu SpA '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 TaTaTu SpA'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 TaTaTu SpA.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in TaTaTu SpA on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding TaTaTu SpA or generate 0.0% return on investment in TaTaTu SpA over 90 days.
TaTaTu SpA 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 TaTaTu SpA'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 TaTaTu SpA upside and downside potential and time the market with a certain degree of confidence.
TaTaTu SpA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TaTaTu SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TaTaTu SpA's standard deviation. In reality, there are many statistical measures that can use TaTaTu SpA historical prices to predict the future TaTaTu SpA's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of TaTaTu SpA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
TaTaTu SpA Backtested Returns
We have found three technical indicators for TaTaTu SpA, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and TaTaTu SpA are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
TaTaTu SpA has perfect predictability. Overlapping area represents the amount of predictability between TaTaTu SpA time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 TaTaTu SpA price movement. The serial correlation of 1.0 indicates that 100.0% of current TaTaTu SpA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
TaTaTu SpA lagged returns against current returns
Autocorrelation, which is TaTaTu SpA 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 TaTaTu SpA's stock expected returns. We can calculate the autocorrelation of TaTaTu SpA returns to help us make a trade decision. For example, suppose you find that TaTaTu SpA 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 |
TaTaTu SpA 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 TaTaTu SpA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TaTaTu SpA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TaTaTu SpA stock over time.
Current vs Lagged Prices |
| Timeline |
TaTaTu SpA Lagged Returns
When evaluating TaTaTu SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TaTaTu SpA stock have on its future price. TaTaTu SpA 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, TaTaTu SpA autocorrelation shows the relationship between TaTaTu SpA stock current value and its past values and can show if there is a momentum factor associated with investing in TaTaTu SpA.
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.Additional Tools for TaTaTu Stock Analysis
When running TaTaTu SpA's price analysis, check to measure TaTaTu SpA'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 TaTaTu SpA is operating at the current time. Most of TaTaTu SpA's value examination focuses on studying past and present price action to predict the probability of TaTaTu SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TaTaTu SpA's price. Additionally, you may evaluate how the addition of TaTaTu SpA to your portfolios can decrease your overall portfolio volatility.