AT S (Germany) Market Value
| AUS Stock | EUR 13.34 0.64 5.04% |
| Symbol | AUS |
AT S '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 AT S'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 AT S.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in AT S on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding AT S Austria or generate 0.0% return on investment in AT S over 30 days. AT S is related to or competes with MAGIC SOFTWARE, PSI Software, Entravision Communications, Check Point, WillScot Mobile, and CyberArk Software. AT S Austria Technologie Systemtechnik Aktiengesellschaft, together with its subsidiaries, manufactures and distributes ... More
AT S 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 AT S'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 AT S Austria upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 15.22 | |||
| Value At Risk | (6.13) | |||
| Potential Upside | 4.12 |
AT S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AT S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AT S's standard deviation. In reality, there are many statistical measures that can use AT S historical prices to predict the future AT S's volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.56) | |||
| Total Risk Alpha | (0.88) | |||
| Treynor Ratio | (0.35) |
AT S Austria Backtested Returns
AT S Austria retains Efficiency (Sharpe Ratio) of -0.13, which signifies that the company had a -0.13% return per unit of price deviation over the last 3 months. AT S exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AT S's Information Ratio of (0.18), variance of 9.18, and Market Risk Adjusted Performance of (0.34) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 1.21, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, AT S will likely underperform. At this point, AT S Austria has a negative expected return of -0.4%. Please make sure to confirm AT S's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if AT S Austria performance from the past will be repeated sooner or later.
Auto-correlation | -0.42 |
Modest reverse predictability
AT S Austria has modest reverse predictability. Overlapping area represents the amount of predictability between AT S time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 AT S Austria price movement. The serial correlation of -0.42 indicates that just about 42.0% of current AT S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 1.91 |
AT S Austria lagged returns against current returns
Autocorrelation, which is AT S 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 AT S's stock expected returns. We can calculate the autocorrelation of AT S returns to help us make a trade decision. For example, suppose you find that AT S 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 |
AT S 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 AT S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AT S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AT S stock over time.
Current vs Lagged Prices |
| Timeline |
AT S Lagged Returns
When evaluating AT S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AT S stock have on its future price. AT S 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, AT S autocorrelation shows the relationship between AT S stock current value and its past values and can show if there is a momentum factor associated with investing in AT S Austria.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in AUS Stock
AT S financial ratios help investors to determine whether AUS 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 AUS with respect to the benefits of owning AT S security.