Atlantic Grupa (Croatia) Market Value
| ATGR Stock | 51.00 1.00 1.92% |
| Symbol | Atlantic |
Atlantic Grupa '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 Atlantic Grupa'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 Atlantic Grupa.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Atlantic Grupa on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Atlantic Grupa dd or generate 0.0% return on investment in Atlantic Grupa over 30 days. Atlantic Grupa is related to or competes with Dalekovod, Zagrebacka Banka, Podravka Prehrambena, and . More
Atlantic Grupa 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 Atlantic Grupa'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 Atlantic Grupa dd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.32 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 5.77 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 1.98 |
Atlantic Grupa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlantic Grupa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlantic Grupa's standard deviation. In reality, there are many statistical measures that can use Atlantic Grupa historical prices to predict the future Atlantic Grupa's volatility.| Risk Adjusted Performance | 0.027 | |||
| Jensen Alpha | 0.0159 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.2601 |
Atlantic Grupa dd Backtested Returns
Currently, Atlantic Grupa dd is very steady. Atlantic Grupa dd secures Sharpe Ratio (or Efficiency) of 0.0223, which signifies that the company had a 0.0223% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Atlantic Grupa dd, which you can use to evaluate the volatility of the firm. Please confirm Atlantic Grupa's Downside Deviation of 1.32, risk adjusted performance of 0.027, and Mean Deviation of 0.8106 to double-check if the risk estimate we provide is consistent with the expected return of 0.0239%. Atlantic Grupa has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atlantic Grupa's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atlantic Grupa is expected to be smaller as well. Atlantic Grupa dd right now shows a risk of 1.07%. Please confirm Atlantic Grupa dd jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if Atlantic Grupa dd will be following its price patterns.
Auto-correlation | -0.08 |
Very weak reverse predictability
Atlantic Grupa dd has very weak reverse predictability. Overlapping area represents the amount of predictability between Atlantic Grupa time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 Atlantic Grupa dd price movement. The serial correlation of -0.08 indicates that barely 8.0% of current Atlantic Grupa price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Atlantic Grupa dd lagged returns against current returns
Autocorrelation, which is Atlantic Grupa 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 Atlantic Grupa's stock expected returns. We can calculate the autocorrelation of Atlantic Grupa returns to help us make a trade decision. For example, suppose you find that Atlantic Grupa 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 |
Atlantic Grupa 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 Atlantic Grupa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlantic Grupa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlantic Grupa stock over time.
Current vs Lagged Prices |
| Timeline |
Atlantic Grupa Lagged Returns
When evaluating Atlantic Grupa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlantic Grupa stock have on its future price. Atlantic Grupa 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, Atlantic Grupa autocorrelation shows the relationship between Atlantic Grupa stock current value and its past values and can show if there is a momentum factor associated with investing in Atlantic Grupa dd.
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.Additional Tools for Atlantic Stock Analysis
When running Atlantic Grupa's price analysis, check to measure Atlantic Grupa's 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 Atlantic Grupa is operating at the current time. Most of Atlantic Grupa's value examination focuses on studying past and present price action to predict the probability of Atlantic Grupa's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atlantic Grupa's price. Additionally, you may evaluate how the addition of Atlantic Grupa to your portfolios can decrease your overall portfolio volatility.