Atria Oyj (Finland) Market Value
| ATRAV Stock | EUR 11.05 0.15 1.38% |
| Symbol | Atria |
Atria Oyj '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 Atria Oyj'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 Atria Oyj.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Atria Oyj on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Atria Oyj A or generate 0.0% return on investment in Atria Oyj over 300 days. Atria Oyj is related to or competes with Sampo Oyj, UPM Kymmene, Elisa Oyj, and Fortum Oyj. Atria Oyj, together with its subsidiaries, manufactures and markets food products in Finland, the Nordic countries, Russ... More
Atria Oyj 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 Atria Oyj'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 Atria Oyj A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0163 | |||
| Maximum Drawdown | 4.67 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 1.85 |
Atria Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atria Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atria Oyj's standard deviation. In reality, there are many statistical measures that can use Atria Oyj historical prices to predict the future Atria Oyj's volatility.| Risk Adjusted Performance | 0.116 | |||
| Jensen Alpha | 0.1695 | |||
| Total Risk Alpha | (0.02) | |||
| Sortino Ratio | 0.0152 | |||
| Treynor Ratio | (0.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atria Oyj's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Atria Oyj A Backtested Returns
Atria Oyj is very steady at the moment. Atria Oyj A secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Atria Oyj A, which you can use to evaluate the volatility of the firm. Please confirm Atria Oyj's Risk Adjusted Performance of 0.116, downside deviation of 1.03, and Mean Deviation of 0.7335 to double-check if the risk estimate we provide is consistent with the expected return of 0.16%. Atria Oyj has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Atria Oyj are expected to decrease at a much lower rate. During the bear market, Atria Oyj is likely to outperform the market. Atria Oyj A right now shows a risk of 0.98%. Please confirm Atria Oyj A maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Atria Oyj A will be following its price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
Atria Oyj A has virtually no predictability. Overlapping area represents the amount of predictability between Atria Oyj time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Atria Oyj A price movement. The serial correlation of 0.09 indicates that less than 9.0% of current Atria Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.09 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Atria Oyj A lagged returns against current returns
Autocorrelation, which is Atria Oyj 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 Atria Oyj's stock expected returns. We can calculate the autocorrelation of Atria Oyj returns to help us make a trade decision. For example, suppose you find that Atria Oyj 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 |
Atria Oyj 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 Atria Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atria Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atria Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Atria Oyj Lagged Returns
When evaluating Atria Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atria Oyj stock have on its future price. Atria Oyj 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, Atria Oyj autocorrelation shows the relationship between Atria Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Atria Oyj A.
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 Atria Stock
Atria Oyj financial ratios help investors to determine whether Atria 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 Atria with respect to the benefits of owning Atria Oyj security.