ATEME SA (France) Market Value
| ATEME Stock | EUR 5.10 0.31 6.47% |
| Symbol | ATEME |
ATEME SA '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 ATEME SA'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 ATEME SA.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in ATEME SA on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding ATEME SA or generate 0.0% return on investment in ATEME SA over 360 days. ATEME SA is related to or competes with Metalliance, Impulse Fitness, ZCCM Investments, Veolia Environnement, BEBO Health, Seche Environnem, and Boiron SA. ATEME SA, together with its subsidiaries, provides video delivery infrastructure solutions worldwide More
ATEME SA 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 ATEME SA'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 ATEME SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.82 | |||
| Information Ratio | 0.1367 | |||
| Maximum Drawdown | 19.53 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 6.47 |
ATEME SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATEME SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATEME SA's standard deviation. In reality, there are many statistical measures that can use ATEME SA historical prices to predict the future ATEME SA's volatility.| Risk Adjusted Performance | 0.1376 | |||
| Jensen Alpha | 0.6231 | |||
| Total Risk Alpha | 0.0659 | |||
| Sortino Ratio | 0.1831 | |||
| Treynor Ratio | 10.77 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of ATEME SA'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.
ATEME SA Backtested Returns
ATEME SA appears to be relatively risky, given 3 months investment horizon. ATEME SA secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By reviewing ATEME SA's technical indicators, you can evaluate if the expected return of 0.64% is justified by implied risk. Please makes use of ATEME SA's Downside Deviation of 2.82, mean deviation of 2.61, and Risk Adjusted Performance of 0.1376 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATEME SA holds a performance score of 13. The firm shows a Beta (market volatility) of 0.0585, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATEME SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATEME SA is expected to be smaller as well. Please check ATEME SA's treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether ATEME SA's price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
ATEME SA has average predictability. Overlapping area represents the amount of predictability between ATEME SA time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 ATEME SA price movement. The serial correlation of 0.42 indicates that just about 42.0% of current ATEME SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
ATEME SA lagged returns against current returns
Autocorrelation, which is ATEME SA 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 ATEME SA's stock expected returns. We can calculate the autocorrelation of ATEME SA returns to help us make a trade decision. For example, suppose you find that ATEME SA 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 |
ATEME SA 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 ATEME SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATEME SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATEME SA stock over time.
Current vs Lagged Prices |
| Timeline |
ATEME SA Lagged Returns
When evaluating ATEME SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATEME SA stock have on its future price. ATEME SA 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, ATEME SA autocorrelation shows the relationship between ATEME SA stock current value and its past values and can show if there is a momentum factor associated with investing in ATEME SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for ATEME Stock Analysis
When running ATEME SA's price analysis, check to measure ATEME SA'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 ATEME SA is operating at the current time. Most of ATEME SA's value examination focuses on studying past and present price action to predict the probability of ATEME SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATEME SA's price. Additionally, you may evaluate how the addition of ATEME SA to your portfolios can decrease your overall portfolio volatility.