Artmarket (France) Market Value
| PRC Stock | EUR 4.17 0.08 1.88% |
| Symbol | Artmarket |
Artmarket '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 Artmarket'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 Artmarket.
| 07/28/2024 |
| 11/25/2024 |
If you would invest 0.00 in Artmarket on July 28, 2024 and sell it all today you would earn a total of 0.00 from holding Artmarket SA or generate 0.0% return on investment in Artmarket over 120 days. Artmarket is related to or competes with AB Science, Etablissements Maurel, Soitec SA, and Adocia. The company also operates as a marketplace to buy or sell artworks and offers fine arts and design auction services, as ... More
Artmarket 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 Artmarket'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 Artmarket SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 9.16 | |||
| Value At Risk | (3.23) | |||
| Potential Upside | 2.7 |
Artmarket Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artmarket's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artmarket's standard deviation. In reality, there are many statistical measures that can use Artmarket historical prices to predict the future Artmarket's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.43) | |||
| Treynor Ratio | 16.78 |
Artmarket SA Backtested Returns
Artmarket SA secures Sharpe Ratio (or Efficiency) of -0.093, which signifies that the company had a -0.093% return per unit of risk over the last 3 months. Artmarket SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Artmarket's Risk Adjusted Performance of (0.07), mean deviation of 1.1, and Standard Deviation of 1.66 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0102, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Artmarket are expected to decrease at a much lower rate. During the bear market, Artmarket is likely to outperform the market. At this point, Artmarket SA has a negative expected return of -0.15%. Please make sure to confirm Artmarket's rate of daily change, and the relationship between the kurtosis and market facilitation index , to decide if Artmarket SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.44 |
Modest reverse predictability
Artmarket SA has modest reverse predictability. Overlapping area represents the amount of predictability between Artmarket time series from 28th of July 2024 to 26th of September 2024 and 26th of September 2024 to 25th 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 Artmarket SA price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Artmarket price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Artmarket SA lagged returns against current returns
Autocorrelation, which is Artmarket 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 Artmarket's stock expected returns. We can calculate the autocorrelation of Artmarket returns to help us make a trade decision. For example, suppose you find that Artmarket 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 |
Artmarket 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 Artmarket stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artmarket stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artmarket stock over time.
Current vs Lagged Prices |
| Timeline |
Artmarket Lagged Returns
When evaluating Artmarket's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artmarket stock have on its future price. Artmarket 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, Artmarket autocorrelation shows the relationship between Artmarket stock current value and its past values and can show if there is a momentum factor associated with investing in Artmarket SA.
Regressed Prices |
| Timeline |
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Artmarket financial ratios help investors to determine whether Artmarket 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 Artmarket with respect to the benefits of owning Artmarket security.