ARTEMIS RESOURCES (Germany) Market Value
| ATY Stock | EUR 0 0.00 0.00% |
| Symbol | ARTEMIS |
ARTEMIS RESOURCES '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 ARTEMIS RESOURCES'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 ARTEMIS RESOURCES.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in ARTEMIS RESOURCES on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding ARTEMIS RESOURCES or generate 0.0% return on investment in ARTEMIS RESOURCES over 30 days. ARTEMIS RESOURCES is related to or competes with DFS Furniture, Haier Smart, Autohome ADR, DXC Technology, and Firan Technology. More
ARTEMIS RESOURCES 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 ARTEMIS RESOURCES'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 ARTEMIS RESOURCES upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 38.18 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 9.09 |
ARTEMIS RESOURCES Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ARTEMIS RESOURCES's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ARTEMIS RESOURCES's standard deviation. In reality, there are many statistical measures that can use ARTEMIS RESOURCES historical prices to predict the future ARTEMIS RESOURCES's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.70) | |||
| Total Risk Alpha | (0.91) | |||
| Treynor Ratio | 0.4186 |
ARTEMIS RESOURCES Backtested Returns
ARTEMIS RESOURCES secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14 % return per unit of risk over the last 3 months. ARTEMIS RESOURCES exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ARTEMIS RESOURCES's risk adjusted performance of (0.11), and Mean Deviation of 2.9 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.79, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning ARTEMIS RESOURCES are expected to decrease by larger amounts. On the other hand, during market turmoil, ARTEMIS RESOURCES is expected to outperform it. At this point, ARTEMIS RESOURCES has a negative expected return of -0.74%. Please make sure to confirm ARTEMIS RESOURCES's total risk alpha, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if ARTEMIS RESOURCES performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
ARTEMIS RESOURCES has no correlation between past and present. Overlapping area represents the amount of predictability between ARTEMIS RESOURCES time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 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 ARTEMIS RESOURCES price movement. The serial correlation of 0.0 indicates that just 0.0% of current ARTEMIS RESOURCES price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ARTEMIS RESOURCES lagged returns against current returns
Autocorrelation, which is ARTEMIS RESOURCES 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 ARTEMIS RESOURCES's stock expected returns. We can calculate the autocorrelation of ARTEMIS RESOURCES returns to help us make a trade decision. For example, suppose you find that ARTEMIS RESOURCES 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 |
ARTEMIS RESOURCES 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 ARTEMIS RESOURCES stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ARTEMIS RESOURCES stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ARTEMIS RESOURCES stock over time.
Current vs Lagged Prices |
| Timeline |
ARTEMIS RESOURCES Lagged Returns
When evaluating ARTEMIS RESOURCES's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ARTEMIS RESOURCES stock have on its future price. ARTEMIS RESOURCES 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, ARTEMIS RESOURCES autocorrelation shows the relationship between ARTEMIS RESOURCES stock current value and its past values and can show if there is a momentum factor associated with investing in ARTEMIS RESOURCES.
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 ARTEMIS Stock
ARTEMIS RESOURCES financial ratios help investors to determine whether ARTEMIS 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 ARTEMIS with respect to the benefits of owning ARTEMIS RESOURCES security.