ATRESMEDIA (Germany) Market Value
| YT2A Stock | EUR 4.53 0.02 0.44% |
| Symbol | ATRESMEDIA |
ATRESMEDIA '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 ATRESMEDIA'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 ATRESMEDIA.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in ATRESMEDIA on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding ATRESMEDIA or generate 0.0% return on investment in ATRESMEDIA over 30 days. ATRESMEDIA is related to or competes with INVITATION HOMES, LGI Homes, WisdomTree Investments, Tri Pointe, Haier Smart, Corporate Office, and Neinor Homes. More
ATRESMEDIA 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 ATRESMEDIA'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 ATRESMEDIA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.28 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.35 |
ATRESMEDIA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATRESMEDIA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATRESMEDIA's standard deviation. In reality, there are many statistical measures that can use ATRESMEDIA historical prices to predict the future ATRESMEDIA's volatility.| Risk Adjusted Performance | 0.0217 | |||
| Jensen Alpha | 0.0124 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5571 |
ATRESMEDIA Backtested Returns
At this point, ATRESMEDIA is somewhat reliable. ATRESMEDIA secures Sharpe Ratio (or Efficiency) of 0.0257, which signifies that the company had a 0.0257% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for ATRESMEDIA, which you can use to evaluate the volatility of the firm. Please confirm ATRESMEDIA's risk adjusted performance of 0.0217, and Mean Deviation of 0.7157 to double-check if the risk estimate we provide is consistent with the expected return of 0.0253%. ATRESMEDIA has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0271, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATRESMEDIA's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATRESMEDIA is expected to be smaller as well. ATRESMEDIA currently shows a risk of 0.99%. Please confirm ATRESMEDIA value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if ATRESMEDIA will be following its price patterns.
Auto-correlation | -0.6 |
Good reverse predictability
ATRESMEDIA has good reverse predictability. Overlapping area represents the amount of predictability between ATRESMEDIA time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 ATRESMEDIA price movement. The serial correlation of -0.6 indicates that roughly 60.0% of current ATRESMEDIA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.6 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ATRESMEDIA lagged returns against current returns
Autocorrelation, which is ATRESMEDIA 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 ATRESMEDIA's stock expected returns. We can calculate the autocorrelation of ATRESMEDIA returns to help us make a trade decision. For example, suppose you find that ATRESMEDIA 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 |
ATRESMEDIA 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 ATRESMEDIA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATRESMEDIA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATRESMEDIA stock over time.
Current vs Lagged Prices |
| Timeline |
ATRESMEDIA Lagged Returns
When evaluating ATRESMEDIA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATRESMEDIA stock have on its future price. ATRESMEDIA 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, ATRESMEDIA autocorrelation shows the relationship between ATRESMEDIA stock current value and its past values and can show if there is a momentum factor associated with investing in ATRESMEDIA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in ATRESMEDIA Stock
ATRESMEDIA financial ratios help investors to determine whether ATRESMEDIA 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 ATRESMEDIA with respect to the benefits of owning ATRESMEDIA security.