ANTA Sports (Germany) Market Value
| AS7 Stock | EUR 9.55 0.01 0.10% |
| Symbol | ANTA |
ANTA Sports '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 ANTA Sports' 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 ANTA Sports.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in ANTA Sports on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding ANTA Sports Products or generate 0.0% return on investment in ANTA Sports over 30 days. ANTA Sports is related to or competes with Merit Medical, Microbot Medical, Elmos Semiconductor, Japan Medical, Tower Semiconductor, NXP Semiconductors, and Diamyd Medical. ANTA Sports Products Limited designs, researches, develops, manufactures, markets, trades in, and retails sporting footw... More
ANTA Sports 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 ANTA Sports' 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 ANTA Sports Products upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.12 | |||
| Information Ratio | 0.1039 | |||
| Maximum Drawdown | 26.27 | |||
| Value At Risk | (5.55) | |||
| Potential Upside | 6.93 |
ANTA Sports Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ANTA Sports' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ANTA Sports' standard deviation. In reality, there are many statistical measures that can use ANTA Sports historical prices to predict the future ANTA Sports' volatility.| Risk Adjusted Performance | 0.1106 | |||
| Jensen Alpha | 0.4566 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.1425 | |||
| Treynor Ratio | 0.6258 |
ANTA Sports Products Backtested Returns
ANTA Sports appears to be slightly risky, given 3 months investment horizon. ANTA Sports Products secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for ANTA Sports Products, which you can use to evaluate the volatility of the firm. Please makes use of ANTA Sports' risk adjusted performance of 0.1106, and Mean Deviation of 2.79 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ANTA Sports holds a performance score of 8. The firm shows a Beta (market volatility) of 0.9, which signifies possible diversification benefits within a given portfolio. ANTA Sports returns are very sensitive to returns on the market. As the market goes up or down, ANTA Sports is expected to follow. Please check ANTA Sports' total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether ANTA Sports' price patterns will revert.
Auto-correlation | -0.31 |
Poor reverse predictability
ANTA Sports Products has poor reverse predictability. Overlapping area represents the amount of predictability between ANTA Sports 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 ANTA Sports Products price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current ANTA Sports price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
ANTA Sports Products lagged returns against current returns
Autocorrelation, which is ANTA Sports 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 ANTA Sports' stock expected returns. We can calculate the autocorrelation of ANTA Sports returns to help us make a trade decision. For example, suppose you find that ANTA Sports 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 |
ANTA Sports 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 ANTA Sports stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ANTA Sports stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ANTA Sports stock over time.
Current vs Lagged Prices |
| Timeline |
ANTA Sports Lagged Returns
When evaluating ANTA Sports' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ANTA Sports stock have on its future price. ANTA Sports 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, ANTA Sports autocorrelation shows the relationship between ANTA Sports stock current value and its past values and can show if there is a momentum factor associated with investing in ANTA Sports Products.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ANTA Stock
ANTA Sports financial ratios help investors to determine whether ANTA 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 ANTA with respect to the benefits of owning ANTA Sports security.