ATOSS SOFTWARE (Germany) Market Value
| AOF Stock | 123.40 1.00 0.82% |
| Symbol | ATOSS |
ATOSS SOFTWARE '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 ATOSS SOFTWARE'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 ATOSS SOFTWARE.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in ATOSS SOFTWARE on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding ATOSS SOFTWARE or generate 0.0% return on investment in ATOSS SOFTWARE over 180 days. ATOSS SOFTWARE is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
ATOSS SOFTWARE 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 ATOSS SOFTWARE'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 ATOSS SOFTWARE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 15.39 | |||
| Value At Risk | (2.65) | |||
| Potential Upside | 3.19 |
ATOSS SOFTWARE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATOSS SOFTWARE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATOSS SOFTWARE's standard deviation. In reality, there are many statistical measures that can use ATOSS SOFTWARE historical prices to predict the future ATOSS SOFTWARE's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (0.18) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATOSS SOFTWARE'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.
ATOSS SOFTWARE Backtested Returns
ATOSS SOFTWARE secures Sharpe Ratio (or Efficiency) of -0.0712, which signifies that the company had a -0.0712% return per unit of risk over the last 3 months. ATOSS SOFTWARE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATOSS SOFTWARE's mean deviation of 1.66, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.82, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ATOSS SOFTWARE's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATOSS SOFTWARE is expected to be smaller as well. At this point, ATOSS SOFTWARE has a negative expected return of -0.18%. Please make sure to confirm ATOSS SOFTWARE's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if ATOSS SOFTWARE performance from the past will be repeated at future time.
Auto-correlation | -0.54 |
Good reverse predictability
ATOSS SOFTWARE has good reverse predictability. Overlapping area represents the amount of predictability between ATOSS SOFTWARE 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 ATOSS SOFTWARE price movement. The serial correlation of -0.54 indicates that about 54.0% of current ATOSS SOFTWARE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 49.78 |
ATOSS SOFTWARE lagged returns against current returns
Autocorrelation, which is ATOSS SOFTWARE 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 ATOSS SOFTWARE's stock expected returns. We can calculate the autocorrelation of ATOSS SOFTWARE returns to help us make a trade decision. For example, suppose you find that ATOSS SOFTWARE 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 |
ATOSS SOFTWARE 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 ATOSS SOFTWARE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATOSS SOFTWARE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATOSS SOFTWARE stock over time.
Current vs Lagged Prices |
| Timeline |
ATOSS SOFTWARE Lagged Returns
When evaluating ATOSS SOFTWARE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATOSS SOFTWARE stock have on its future price. ATOSS SOFTWARE 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, ATOSS SOFTWARE autocorrelation shows the relationship between ATOSS SOFTWARE stock current value and its past values and can show if there is a momentum factor associated with investing in ATOSS SOFTWARE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ATOSS Stock Analysis
When running ATOSS SOFTWARE's price analysis, check to measure ATOSS SOFTWARE'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 ATOSS SOFTWARE is operating at the current time. Most of ATOSS SOFTWARE's value examination focuses on studying past and present price action to predict the probability of ATOSS SOFTWARE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATOSS SOFTWARE's price. Additionally, you may evaluate how the addition of ATOSS SOFTWARE to your portfolios can decrease your overall portfolio volatility.