AT S (Germany) Market Value
| AUS Stock | 12.90 0.27 2.05% |
| 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.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in AT S on October 29, 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 Ping An, Hanover Insurance, Webster Financial, REVO INSURANCE, Reinsurance Group, and Singapore Reinsurance. 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 | (0.16) | |||
| Maximum Drawdown | 13.93 | |||
| Value At Risk | (5.45) | |||
| Potential Upside | 4.24 |
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 | (0.08) | |||
| Jensen Alpha | (0.47) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | (0.40) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AT S'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.
AT S Austria Backtested Returns
AT S Austria retains Efficiency (Sharpe Ratio) of -0.15, which signifies that the company had a -0.15% 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 Variance of 8.87, market risk adjusted performance of (0.39), and Information Ratio of (0.16) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.91, which signifies possible diversification benefits within a given portfolio. AT S returns are very sensitive to returns on the market. As the market goes up or down, AT S is expected to follow. At this point, AT S Austria has a negative expected return of -0.46%. Please make sure to confirm AT S's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if AT S Austria performance from the past will be repeated sooner or later.
Auto-correlation | -0.44 |
Modest reverse predictability
AT S Austria has modest reverse predictability. Overlapping area represents the amount of predictability between AT S time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 -0.44 indicates that just about 44.0% of current AT S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 1.96 |
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 |
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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 AUS Stock Analysis
When running AT S's price analysis, check to measure AT S'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 AT S is operating at the current time. Most of AT S's value examination focuses on studying past and present price action to predict the probability of AT S's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AT S's price. Additionally, you may evaluate how the addition of AT S to your portfolios can decrease your overall portfolio volatility.