Atlas Arteria Limited Stock Market Value
| MAQAF Stock | USD 3.17 0.08 2.59% |
| Symbol | Atlas |
Atlas Arteria '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 Atlas Arteria's pink sheet 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 Atlas Arteria.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Atlas Arteria on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Atlas Arteria Limited or generate 0.0% return on investment in Atlas Arteria over 180 days. Atlas Arteria is related to or competes with Jiangsu Expressway, Jiangsu Expressway, and Zhejiang Expressway. Atlas Arteria Limited owns, develops, and operates toll roads More
Atlas Arteria 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 Atlas Arteria's pink sheet 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 Atlas Arteria Limited upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 22.68 | |||
| Value At Risk | (5.48) | |||
| Potential Upside | 4.75 |
Atlas Arteria Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atlas Arteria's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atlas Arteria's standard deviation. In reality, there are many statistical measures that can use Atlas Arteria historical prices to predict the future Atlas Arteria's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.1709 |
Atlas Arteria Limited Backtested Returns
Atlas Arteria Limited secures Sharpe Ratio (or Efficiency) of -0.0213, which signifies that the company had a -0.0213% return per unit of risk over the last 3 months. Atlas Arteria Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Atlas Arteria's Mean Deviation of 1.58, risk adjusted performance of (0.01), and Standard Deviation of 3.73 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Atlas Arteria are expected to decrease at a much lower rate. During the bear market, Atlas Arteria is likely to outperform the market. At this point, Atlas Arteria Limited has a negative expected return of -0.0814%. Please make sure to confirm Atlas Arteria's skewness, and the relationship between the treynor ratio and rate of daily change , to decide if Atlas Arteria Limited performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Atlas Arteria Limited has modest predictability. Overlapping area represents the amount of predictability between Atlas Arteria time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Atlas Arteria Limited price movement. The serial correlation of 0.51 indicates that about 51.0% of current Atlas Arteria price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Atlas Arteria Limited lagged returns against current returns
Autocorrelation, which is Atlas Arteria pink sheet'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 Atlas Arteria's pink sheet expected returns. We can calculate the autocorrelation of Atlas Arteria returns to help us make a trade decision. For example, suppose you find that Atlas Arteria has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Atlas Arteria 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 Atlas Arteria pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atlas Arteria pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atlas Arteria pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Atlas Arteria Lagged Returns
When evaluating Atlas Arteria's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atlas Arteria pink sheet have on its future price. Atlas Arteria 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, Atlas Arteria autocorrelation shows the relationship between Atlas Arteria pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Atlas Arteria Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Atlas Pink Sheet
Atlas Arteria financial ratios help investors to determine whether Atlas Pink Sheet 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 Atlas with respect to the benefits of owning Atlas Arteria security.