Avantium Holding (Netherlands) Market Value
| AVTX Stock | EUR 2.12 0.01 0.47% |
| Symbol | Avantium |
Avantium Holding '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 Avantium Holding'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 Avantium Holding.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Avantium Holding on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Avantium Holding BV or generate 0.0% return on investment in Avantium Holding over 30 days. Avantium Holding is related to or competes with Pharming Group, AMG Advanced, Corbion NV, Alfen Beheer, and BE Semiconductor. Avantium N.V., a chemical technology company, provides catalysis services and systems to the oil, gas, chemical, and ren... More
Avantium Holding 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 Avantium Holding'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 Avantium Holding BV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.11 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 27.43 | |||
| Value At Risk | (4.79) | |||
| Potential Upside | 9.52 |
Avantium Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avantium Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avantium Holding's standard deviation. In reality, there are many statistical measures that can use Avantium Holding historical prices to predict the future Avantium Holding's volatility.| Risk Adjusted Performance | 0.0133 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0288 |
Avantium Holding Backtested Returns
Avantium Holding appears to be dangerous, given 3 months investment horizon. Avantium Holding secures Sharpe Ratio (or Efficiency) of 0.0641, which signifies that the company had a 0.0641% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Avantium Holding BV, which you can use to evaluate the volatility of the firm. Please makes use of Avantium Holding's risk adjusted performance of 0.0133, and Mean Deviation of 3.11 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Avantium Holding holds a performance score of 5. The firm shows a Beta (market volatility) of 0.71, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Avantium Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Avantium Holding is expected to be smaller as well. Please check Avantium Holding's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Avantium Holding's price patterns will revert.
Auto-correlation | 0.65 |
Good predictability
Avantium Holding BV has good predictability. Overlapping area represents the amount of predictability between Avantium Holding 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 Avantium Holding price movement. The serial correlation of 0.65 indicates that roughly 65.0% of current Avantium Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.65 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avantium Holding lagged returns against current returns
Autocorrelation, which is Avantium Holding 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 Avantium Holding's stock expected returns. We can calculate the autocorrelation of Avantium Holding returns to help us make a trade decision. For example, suppose you find that Avantium Holding 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 |
Avantium Holding 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 Avantium Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avantium Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avantium Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Avantium Holding Lagged Returns
When evaluating Avantium Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avantium Holding stock have on its future price. Avantium Holding 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, Avantium Holding autocorrelation shows the relationship between Avantium Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Avantium Holding BV.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Avantium Stock Analysis
When running Avantium Holding's price analysis, check to measure Avantium Holding'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 Avantium Holding is operating at the current time. Most of Avantium Holding's value examination focuses on studying past and present price action to predict the probability of Avantium Holding's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avantium Holding's price. Additionally, you may evaluate how the addition of Avantium Holding to your portfolios can decrease your overall portfolio volatility.