Auction Technology (UK) Market Value
| ATG Stock | 440.50 4.50 1.01% |
| Symbol | Auction |
Auction Technology '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 Auction Technology'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 Auction Technology.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Auction Technology on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Auction Technology Group or generate 0.0% return on investment in Auction Technology over 30 days. Auction Technology is related to or competes with Uniper SE, London Security, SURETRACK MON, Ikigai Ventures, and Heavitree Brewery. Auction Technology is entity of United Kingdom More
Auction Technology 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 Auction Technology'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 Auction Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 9.41 | |||
| Value At Risk | (3.71) | |||
| Potential Upside | 3.79 |
Auction Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Auction Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Auction Technology's standard deviation. In reality, there are many statistical measures that can use Auction Technology historical prices to predict the future Auction Technology's volatility.| Risk Adjusted Performance | 0.046 | |||
| Jensen Alpha | (0.0005) | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.1181 |
Auction Technology Backtested Returns
At this point, Auction Technology is very steady. Auction Technology secures Sharpe Ratio (or Efficiency) of 0.0563, which signifies that the company had a 0.0563% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Auction Technology Group, which you can use to evaluate the volatility of the firm. Please confirm Auction Technology's mean deviation of 1.82, and Risk Adjusted Performance of 0.046 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Auction Technology has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.93, which signifies possible diversification benefits within a given portfolio. Auction Technology returns are very sensitive to returns on the market. As the market goes up or down, Auction Technology is expected to follow. Auction Technology right now shows a risk of 2.34%. Please confirm Auction Technology mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if Auction Technology will be following its price patterns.
Auto-correlation | -0.53 |
Good reverse predictability
Auction Technology Group has good reverse predictability. Overlapping area represents the amount of predictability between Auction Technology 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 Auction Technology price movement. The serial correlation of -0.53 indicates that about 53.0% of current Auction Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.53 | |
| Spearman Rank Test | -0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 66.41 |
Auction Technology lagged returns against current returns
Autocorrelation, which is Auction Technology 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 Auction Technology's stock expected returns. We can calculate the autocorrelation of Auction Technology returns to help us make a trade decision. For example, suppose you find that Auction Technology 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 |
Auction Technology 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 Auction Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Auction Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Auction Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Auction Technology Lagged Returns
When evaluating Auction Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Auction Technology stock have on its future price. Auction Technology 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, Auction Technology autocorrelation shows the relationship between Auction Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Auction Technology Group.
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 Auction Stock
Auction Technology financial ratios help investors to determine whether Auction 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 Auction with respect to the benefits of owning Auction Technology security.