ATOSS Software (Germany) Market Value
| AOF Stock | EUR 123.00 0.80 0.65% |
| Symbol | ATOSS |
ATOSS Software '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 ATOSS Software'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 ATOSS Software.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in ATOSS Software on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding ATOSS Software SE or generate 0.0% return on investment in ATOSS Software over 180 days. ATOSS Software is related to or competes with CITY OFFICE, NTG Nordic, MAVEN WIRELESS, COPLAND ROAD, QUEEN S, and Corporate Office. ATOSS Software AG develops and sells workforce management software in Germany, Austria, Switzerland, Romania, and intern... More
ATOSS Software 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 ATOSS Software'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 ATOSS Software SE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 13.6 | |||
| Value At Risk | (3.83) | |||
| Potential Upside | 3.01 |
ATOSS Software Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATOSS Software's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATOSS Software's standard deviation. In reality, there are many statistical measures that can use ATOSS Software historical prices to predict the future ATOSS Software's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.22) | |||
| Total Risk Alpha | (0.56) | |||
| Treynor Ratio | (0.27) |
ATOSS Software SE Backtested Returns
ATOSS Software SE secures Sharpe Ratio (or Efficiency) of -0.077, which signifies that the company had a -0.077% return per unit of risk over the last 3 months. ATOSS Software SE exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATOSS Software's risk adjusted performance of (0.04), and Mean Deviation of 1.7 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.57, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATOSS Software's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATOSS Software is expected to be smaller as well. At this point, ATOSS Software SE has a negative expected return of -0.19%. Please make sure to confirm ATOSS Software's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if ATOSS Software SE performance from the past will be repeated at future time.
Auto-correlation | -0.51 |
Good reverse predictability
ATOSS Software SE has good reverse predictability. Overlapping area represents the amount of predictability between ATOSS Software time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 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 ATOSS Software SE price movement. The serial correlation of -0.51 indicates that about 51.0% of current ATOSS Software price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 49.08 |
ATOSS Software SE lagged returns against current returns
Autocorrelation, which is ATOSS Software 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 ATOSS Software's stock expected returns. We can calculate the autocorrelation of ATOSS Software returns to help us make a trade decision. For example, suppose you find that ATOSS Software 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 |
ATOSS Software 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 ATOSS Software stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATOSS Software stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATOSS Software stock over time.
Current vs Lagged Prices |
| Timeline |
ATOSS Software Lagged Returns
When evaluating ATOSS Software's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATOSS Software stock have on its future price. ATOSS Software 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, ATOSS Software autocorrelation shows the relationship between ATOSS Software stock current value and its past values and can show if there is a momentum factor associated with investing in ATOSS Software SE.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ATOSS Stock
ATOSS Software financial ratios help investors to determine whether ATOSS Stock 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 ATOSS with respect to the benefits of owning ATOSS Software security.