Artois Nom (France) Market Value
| ARTO Stock | EUR 5,150 50.00 0.98% |
| Symbol | Artois |
Artois Nom '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 Artois Nom'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 Artois Nom.
| 04/26/2024 |
| 05/26/2024 |
If you would invest 0.00 in Artois Nom on April 26, 2024 and sell it all today you would earn a total of 0.00 from holding Artois Nom or generate 0.0% return on investment in Artois Nom over 30 days. Artois Nom is related to or competes with Compagnie, Burelle SA, Compagnie, Altareit, and Altamir SCA. La Socit Industrielle et Financire de lArtois designs, manufactures, and markets terminals for transport networks More
Artois Nom 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 Artois Nom'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 Artois Nom upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.0197 | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.14 |
Artois Nom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Artois Nom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Artois Nom's standard deviation. In reality, there are many statistical measures that can use Artois Nom historical prices to predict the future Artois Nom's volatility.| Risk Adjusted Performance | 0.043 | |||
| Jensen Alpha | 0.0502 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0168 | |||
| Treynor Ratio | 0.2745 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Artois Nom'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.
Artois Nom Backtested Returns
We consider Artois Nom very steady. Artois Nom secures Sharpe Ratio (or Efficiency) of 0.11, which signifies that the company had a 0.11% return per unit of risk over the last 3 months. We have found thirty technical indicators for Artois Nom, which you can use to evaluate the volatility of the firm. Please confirm Artois Nom's Risk Adjusted Performance of 0.043, downside deviation of 1.2, and Mean Deviation of 0.5761 to double-check if the risk estimate we provide is consistent with the expected return of 0.11%. Artois Nom has a performance score of 8 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.21, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Artois Nom's returns are expected to increase less than the market. However, during the bear market, the loss of holding Artois Nom is expected to be smaller as well. Artois Nom right now shows a risk of 1.04%. Please confirm Artois Nom treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Artois Nom will be following its price patterns.
Auto-correlation | -0.48 |
Modest reverse predictability
Artois Nom has modest reverse predictability. Overlapping area represents the amount of predictability between Artois Nom time series from 26th of April 2024 to 11th of May 2024 and 11th of May 2024 to 26th of May 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 Artois Nom price movement. The serial correlation of -0.48 indicates that about 48.0% of current Artois Nom price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 9923.97 |
Artois Nom lagged returns against current returns
Autocorrelation, which is Artois Nom 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 Artois Nom's stock expected returns. We can calculate the autocorrelation of Artois Nom returns to help us make a trade decision. For example, suppose you find that Artois Nom 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 |
Artois Nom 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 Artois Nom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Artois Nom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Artois Nom stock over time.
Current vs Lagged Prices |
| Timeline |
Artois Nom Lagged Returns
When evaluating Artois Nom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Artois Nom stock have on its future price. Artois Nom 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, Artois Nom autocorrelation shows the relationship between Artois Nom stock current value and its past values and can show if there is a momentum factor associated with investing in Artois Nom.
Regressed Prices |
| Timeline |
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Check out Artois Nom Correlation, Artois Nom Volatility and Artois Nom Alpha and Beta module to complement your research on Artois Nom. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Artois Stock analysis
When running Artois Nom's price analysis, check to measure Artois Nom'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 Artois Nom is operating at the current time. Most of Artois Nom's value examination focuses on studying past and present price action to predict the probability of Artois Nom's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Artois Nom's price. Additionally, you may evaluate how the addition of Artois Nom to your portfolios can decrease your overall portfolio volatility.
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Artois Nom technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.