Atlantaa (India) Market Value
| ATLANTAA | 39.71 0.36 0.90% |
| Symbol | Atlantaa |
Atlantaa '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 Atlantaa'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 Atlantaa.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Atlantaa on January 2, 2025 and sell it all today you would earn a total of 0.00 from holding Atlantaa Limited or generate 0.0% return on investment in Atlantaa over 30 days. Atlantaa is related to or competes with Aster DM, Fortis Healthcare, Apollo Hospitals, Lotus Eye, Medplus Health, Byke Hospitality, and Reliance Industrial. Atlantaa is entity of India. It is traded as Stock on NSE exchange. More
Atlantaa 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 Atlantaa'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 Atlantaa Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.01 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 4.99 |
Atlantaa Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlantaa's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlantaa's standard deviation. In reality, there are many statistical measures that can use Atlantaa historical prices to predict the future Atlantaa's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.48) | |||
| Treynor Ratio | 0.3139 |
Atlantaa Limited Backtested Returns
Atlantaa Limited secures Sharpe Ratio (or Efficiency) of -0.2, which signifies that the company had a -0.2 % return per unit of risk over the last 3 months. Atlantaa Limited exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlantaa's Standard Deviation of 3.0, risk adjusted performance of (0.06), and Mean Deviation of 2.42 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Atlantaa are expected to decrease at a much lower rate. During the bear market, Atlantaa is likely to outperform the market. At this point, Atlantaa Limited has a negative expected return of -0.55%. Please make sure to confirm Atlantaa's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Atlantaa Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.89 |
Very good predictability
Atlantaa Limited has very good predictability. Overlapping area represents the amount of predictability between Atlantaa time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Atlantaa Limited price movement. The serial correlation of 0.89 indicates that approximately 89.0% of current Atlantaa price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.89 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 5.42 |
Atlantaa Limited lagged returns against current returns
Autocorrelation, which is Atlantaa 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 Atlantaa's stock expected returns. We can calculate the autocorrelation of Atlantaa returns to help us make a trade decision. For example, suppose you find that Atlantaa 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 |
Atlantaa 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 Atlantaa stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlantaa stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlantaa stock over time.
Current vs Lagged Prices |
| Timeline |
Atlantaa Lagged Returns
When evaluating Atlantaa's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlantaa stock have on its future price. Atlantaa 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, Atlantaa autocorrelation shows the relationship between Atlantaa stock current value and its past values and can show if there is a momentum factor associated with investing in Atlantaa Limited.
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 Atlantaa Stock
Atlantaa financial ratios help investors to determine whether Atlantaa 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 Atlantaa with respect to the benefits of owning Atlantaa security.