Atok Big (Philippines) Market Value
| AB Stock | 4.69 0.01 0.21% |
| Symbol | Atok |
Atok Big '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 Atok Big'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 Atok Big.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in Atok Big on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding Atok Big Wedge or generate 0.0% return on investment in Atok Big over 30 days. Atok Big is related to or competes with Nickel Asia, Philex Mining, and Atlas Consolidated. More
Atok Big 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 Atok Big'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 Atok Big Wedge upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.04 | |||
| Information Ratio | 0.0358 | |||
| Maximum Drawdown | 23.16 | |||
| Value At Risk | (8.15) | |||
| Potential Upside | 7.16 |
Atok Big Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atok Big's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atok Big's standard deviation. In reality, there are many statistical measures that can use Atok Big historical prices to predict the future Atok Big's volatility.| Risk Adjusted Performance | 0.0514 | |||
| Jensen Alpha | 0.2663 | |||
| Total Risk Alpha | (0.40) | |||
| Sortino Ratio | 0.0341 | |||
| Treynor Ratio | 3.61 |
Atok Big Wedge Backtested Returns
Atok Big appears to be risky, given 3 months investment horizon. Atok Big Wedge secures Sharpe Ratio (or Efficiency) of 0.0715, which signifies that the company had a 0.0715% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Atok Big Wedge, which you can use to evaluate the volatility of the firm. Please makes use of Atok Big's Risk Adjusted Performance of 0.0514, downside deviation of 5.04, and Mean Deviation of 3.18 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Atok Big holds a performance score of 5. The firm shows a Beta (market volatility) of 0.076, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atok Big's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atok Big is expected to be smaller as well. Please check Atok Big's semi variance, and the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether Atok Big's price patterns will revert.
Auto-correlation | -0.24 |
Weak reverse predictability
Atok Big Wedge has weak reverse predictability. Overlapping area represents the amount of predictability between Atok Big time series from 13th of November 2024 to 28th of November 2024 and 28th of November 2024 to 13th of December 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 Atok Big Wedge price movement. The serial correlation of -0.24 indicates that over 24.0% of current Atok Big price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.24 | |
| Spearman Rank Test | -0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Atok Big Wedge lagged returns against current returns
Autocorrelation, which is Atok Big 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 Atok Big's stock expected returns. We can calculate the autocorrelation of Atok Big returns to help us make a trade decision. For example, suppose you find that Atok Big 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 |
Atok Big 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 Atok Big stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atok Big stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atok Big stock over time.
Current vs Lagged Prices |
| Timeline |
Atok Big Lagged Returns
When evaluating Atok Big's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atok Big stock have on its future price. Atok Big 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, Atok Big autocorrelation shows the relationship between Atok Big stock current value and its past values and can show if there is a momentum factor associated with investing in Atok Big Wedge.
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 Atok Stock
Atok Big financial ratios help investors to determine whether Atok 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 Atok with respect to the benefits of owning Atok Big security.