As Commercial (Greece) Market Value
| ASCO Stock | EUR 2.82 0.06 2.17% |
| Symbol | ASCO |
As Commercial '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 As Commercial'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 As Commercial.
| 11/13/2024 |
| 12/13/2024 |
If you would invest 0.00 in As Commercial on November 13, 2024 and sell it all today you would earn a total of 0.00 from holding As Commercial Industrial or generate 0.0% return on investment in As Commercial over 30 days. As Commercial is related to or competes with Autohellas, BriQ Properties, Thrace Plastics, Kri Kri, and Aegean Airlines. As Commercial Industrial Company of Computers and Toys S.A More
As Commercial 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 As Commercial'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 As Commercial Industrial upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.14 | |||
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.86 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 2.3 |
As Commercial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for As Commercial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as As Commercial's standard deviation. In reality, there are many statistical measures that can use As Commercial historical prices to predict the future As Commercial's volatility.| Risk Adjusted Performance | 0.0113 | |||
| Jensen Alpha | 0.0057 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.09) | |||
| Treynor Ratio | (0.06) |
As Commercial Industrial Backtested Returns
Currently, As Commercial Industrial is slightly risky. As Commercial Industrial retains Efficiency (Sharpe Ratio) of 0.0249, which signifies that the company had a 0.0249% return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for As Commercial, which you can use to evaluate the volatility of the firm. Please confirm As Commercial's Coefficient Of Variation of 9681.88, standard deviation of 1.17, and Market Risk Adjusted Performance of (0.05) to double-check if the risk estimate we provide is consistent with the expected return of 0.0296%. As Commercial has a performance score of 1 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.0362, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning As Commercial are expected to decrease at a much lower rate. During the bear market, As Commercial is likely to outperform the market. As Commercial Industrial at this time owns a risk of 1.18%. Please confirm As Commercial Industrial market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to decide if As Commercial Industrial will be following its current price history.
Auto-correlation | 0.52 |
Modest predictability
As Commercial Industrial has modest predictability. Overlapping area represents the amount of predictability between As Commercial 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 As Commercial Industrial price movement. The serial correlation of 0.52 indicates that about 52.0% of current As Commercial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
As Commercial Industrial lagged returns against current returns
Autocorrelation, which is As Commercial 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 As Commercial's stock expected returns. We can calculate the autocorrelation of As Commercial returns to help us make a trade decision. For example, suppose you find that As Commercial 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 |
As Commercial 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 As Commercial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if As Commercial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in As Commercial stock over time.
Current vs Lagged Prices |
| Timeline |
As Commercial Lagged Returns
When evaluating As Commercial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of As Commercial stock have on its future price. As Commercial 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, As Commercial autocorrelation shows the relationship between As Commercial stock current value and its past values and can show if there is a momentum factor associated with investing in As Commercial Industrial.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ASCO Stock Analysis
When running As Commercial's price analysis, check to measure As Commercial'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 As Commercial is operating at the current time. Most of As Commercial's value examination focuses on studying past and present price action to predict the probability of As Commercial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move As Commercial's price. Additionally, you may evaluate how the addition of As Commercial to your portfolios can decrease your overall portfolio volatility.