Attica Publications (Greece) Market Value
| ATEK Stock | EUR 0.43 0.00 0.00% |
| Symbol | Attica |
Attica Publications '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 Attica Publications' 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 Attica Publications.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Attica Publications on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Attica Publications SA or generate 0.0% return on investment in Attica Publications over 30 days. Attica Publications is related to or competes with General Commercial, Lampsa Hellenic, Technical Olympic, National Bank, and Bank of Greece. Attica Publications S.A. publishes magazines in Greece and internationally More
Attica Publications 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 Attica Publications' 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 Attica Publications SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 20.73 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 10.26 |
Attica Publications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Attica Publications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Attica Publications' standard deviation. In reality, there are many statistical measures that can use Attica Publications historical prices to predict the future Attica Publications' volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.0391 | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.2456 |
Attica Publications Backtested Returns
Currently, Attica Publications SA is out of control. Attica Publications secures Sharpe Ratio (or Efficiency) of 0.0274, which signifies that the company had a 0.0274% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Attica Publications SA, which you can use to evaluate the volatility of the firm. Please confirm Attica Publications' Mean Deviation of 1.27, risk adjusted performance of 0.0284, and Standard Deviation of 3.39 to double-check if the risk estimate we provide is consistent with the expected return of 0.0942%. Attica Publications has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Attica Publications' returns are expected to increase less than the market. However, during the bear market, the loss of holding Attica Publications is expected to be smaller as well. Attica Publications right now shows a risk of 3.44%. Please confirm Attica Publications potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Attica Publications will be following its price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Attica Publications SA has no correlation between past and present. Overlapping area represents the amount of predictability between Attica Publications time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Attica Publications price movement. The serial correlation of 0.0 indicates that just 0.0% of current Attica Publications price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Attica Publications lagged returns against current returns
Autocorrelation, which is Attica Publications 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 Attica Publications' stock expected returns. We can calculate the autocorrelation of Attica Publications returns to help us make a trade decision. For example, suppose you find that Attica Publications 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 |
Attica Publications 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 Attica Publications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Attica Publications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Attica Publications stock over time.
Current vs Lagged Prices |
| Timeline |
Attica Publications Lagged Returns
When evaluating Attica Publications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Attica Publications stock have on its future price. Attica Publications 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, Attica Publications autocorrelation shows the relationship between Attica Publications stock current value and its past values and can show if there is a momentum factor associated with investing in Attica Publications SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Attica Stock Analysis
When running Attica Publications' price analysis, check to measure Attica Publications' 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 Attica Publications is operating at the current time. Most of Attica Publications' value examination focuses on studying past and present price action to predict the probability of Attica Publications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Attica Publications' price. Additionally, you may evaluate how the addition of Attica Publications to your portfolios can decrease your overall portfolio volatility.