Artois Nom (France) Market Value
| ARTO Stock | EUR 9,500 50.00 0.52% |
| Symbol | Artois |
Artois Nom '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 Artois Nom'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 Artois Nom.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Artois Nom on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Artois Nom or generate 0.0% return on investment in Artois Nom over 30 days. Artois Nom is related to or competes with Compagnie, Burelle SA, Compagnie, Altareit, and Altamir SCA. La Socit Industrielle et Financire de lArtois designs, manufactures, and markets terminals for transport networks More
Artois Nom 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 Artois Nom'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 Artois Nom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.27 | |||
| Information Ratio | 0.1134 | |||
| Maximum Drawdown | 72.96 | |||
| Value At Risk | (1.05) | |||
| Potential Upside | 1.58 |
Artois Nom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artois Nom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artois Nom's standard deviation. In reality, there are many statistical measures that can use Artois Nom historical prices to predict the future Artois Nom's volatility.| Risk Adjusted Performance | 0.107 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.7789 | |||
| Treynor Ratio | 1.34 |
Artois Nom Backtested Returns
Artois Nom is very steady given 3 months investment horizon. Artois Nom secures Sharpe Ratio (or Efficiency) of 0.13, which signifies that the company had a 0.13% return per unit of risk over the last 3 months. We were able to analyze twenty-six different technical indicators, which can help you to evaluate if expected returns of 1.13% are justified by taking the suggested risk. Use Artois Nom Risk Adjusted Performance of 0.107, mean deviation of 2.17, and Coefficient Of Variation of 780.85 to evaluate company specific risk that cannot be diversified away. Artois Nom holds a performance score of 9 on a scale of zero to a hundred. The firm shows a Beta (market volatility) of 0.83, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Artois Nom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artois Nom is expected to be smaller as well. Use Artois Nom maximum drawdown, potential upside, and the relationship between the treynor ratio and value at risk , to analyze future returns on Artois Nom.
Auto-correlation | 0.33 |
Below average predictability
Artois Nom has below average predictability. Overlapping area represents the amount of predictability between Artois Nom time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Artois Nom price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Artois Nom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 4256.2 |
Artois Nom lagged returns against current returns
Autocorrelation, which is Artois Nom 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 Artois Nom's stock expected returns. We can calculate the autocorrelation of Artois Nom returns to help us make a trade decision. For example, suppose you find that Artois Nom 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 |
Artois Nom 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 Artois Nom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artois Nom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artois Nom stock over time.
Current vs Lagged Prices |
| Timeline |
Artois Nom Lagged Returns
When evaluating Artois Nom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artois Nom stock have on its future price. Artois Nom 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, Artois Nom autocorrelation shows the relationship between Artois Nom stock current value and its past values and can show if there is a momentum factor associated with investing in Artois Nom.
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 Artois Stock
Artois Nom financial ratios help investors to determine whether Artois 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 Artois with respect to the benefits of owning Artois Nom security.