Artea SA (France) Market Value
| ARTE Stock | EUR 9.00 0.10 1.12% |
| Symbol | Artea |
Artea 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 Artea 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 Artea SA.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Artea SA on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Artea SA or generate 0.0% return on investment in Artea SA over 30 days. Artea SA is related to or competes with Bourse Direct, CBO Territoria, Altareit, and Courtois. More
Artea 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 Artea 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 Artea SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 11.38 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 3.19 |
Artea SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artea SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artea SA's standard deviation. In reality, there are many statistical measures that can use Artea SA historical prices to predict the future Artea SA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | (0.23) |
Artea SA Backtested Returns
Artea SA secures Sharpe Ratio (or Efficiency) of -0.002, which signifies that the company had a -0.002% return per unit of risk over the last 3 months. Artea SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Artea SA's Mean Deviation of 0.9736, insignificant risk adjusted performance, and Standard Deviation of 1.67 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Artea SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artea SA is expected to be smaller as well. At this point, Artea SA has a negative expected return of -0.0033%. Please make sure to confirm Artea SA's potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Artea SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Artea SA has good predictability. Overlapping area represents the amount of predictability between Artea SA time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Artea SA price movement. The serial correlation of 0.73 indicates that around 73.0% of current Artea SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Artea SA lagged returns against current returns
Autocorrelation, which is Artea 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 Artea SA's stock expected returns. We can calculate the autocorrelation of Artea SA returns to help us make a trade decision. For example, suppose you find that Artea 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 |
Artea 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 Artea SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artea SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artea SA stock over time.
Current vs Lagged Prices |
| Timeline |
Artea SA Lagged Returns
When evaluating Artea SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artea SA stock have on its future price. Artea 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, Artea SA autocorrelation shows the relationship between Artea SA stock current value and its past values and can show if there is a momentum factor associated with investing in Artea SA.
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.Other Information on Investing in Artea Stock
Artea SA financial ratios help investors to determine whether Artea 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 Artea with respect to the benefits of owning Artea SA security.