Atomos (Australia) Market Value
| AMS Stock | 0.01 0 11.76% |
| Symbol | Atomos |
Atomos '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 Atomos' 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 Atomos.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Atomos on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Atomos or generate 0.0% return on investment in Atomos over 90 days. Atomos is related to or competes with Audio Pixels, and Chalice Mining. Atomos is entity of Australia. It is traded as Stock on AU exchange. More
Atomos 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 Atomos' 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 Atomos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 24.81 | |||
| Value At Risk | (10.53) | |||
| Potential Upside | 9.68 |
Atomos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atomos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atomos' standard deviation. In reality, there are many statistical measures that can use Atomos historical prices to predict the future Atomos' volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.32) | |||
| Total Risk Alpha | (2.42) | |||
| Treynor Ratio | 1.97 |
Atomos Backtested Returns
Atomos secures Sharpe Ratio (or Efficiency) of -0.22, which signifies that the company had a -0.22% return per unit of risk over the last 3 months. Atomos exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atomos' Risk Adjusted Performance of (0.17), standard deviation of 6.0, and Mean Deviation of 4.93 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Atomos are expected to decrease at a much lower rate. During the bear market, Atomos is likely to outperform the market. At this point, Atomos has a negative expected return of -1.3%. Please make sure to confirm Atomos' maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to decide if Atomos performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.16 |
Insignificant reverse predictability
Atomos has insignificant reverse predictability. Overlapping area represents the amount of predictability between Atomos time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 Atomos price movement. The serial correlation of -0.16 indicates that over 16.0% of current Atomos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Atomos lagged returns against current returns
Autocorrelation, which is Atomos 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 Atomos' stock expected returns. We can calculate the autocorrelation of Atomos returns to help us make a trade decision. For example, suppose you find that Atomos 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 |
Atomos 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 Atomos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atomos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atomos stock over time.
Current vs Lagged Prices |
| Timeline |
Atomos Lagged Returns
When evaluating Atomos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atomos stock have on its future price. Atomos 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, Atomos autocorrelation shows the relationship between Atomos stock current value and its past values and can show if there is a momentum factor associated with investing in Atomos.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Atomos Stock Analysis
When running Atomos' price analysis, check to measure Atomos' 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 Atomos is operating at the current time. Most of Atomos' value examination focuses on studying past and present price action to predict the probability of Atomos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atomos' price. Additionally, you may evaluate how the addition of Atomos to your portfolios can decrease your overall portfolio volatility.