Austriacard Holdings (Greece) Market Value
| ACAG Stock | 5.40 0.23 4.09% |
| Symbol | Austriacard |
Austriacard Holdings '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 Austriacard Holdings' 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 Austriacard Holdings.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Austriacard Holdings on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Austriacard Holdings AG or generate 0.0% return on investment in Austriacard Holdings over 90 days.
Austriacard Holdings 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 Austriacard Holdings' 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 Austriacard Holdings AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 6.1 | |||
| Value At Risk | (1.26) | |||
| Potential Upside | 1.3 |
Austriacard Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Austriacard Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Austriacard Holdings' standard deviation. In reality, there are many statistical measures that can use Austriacard Holdings historical prices to predict the future Austriacard Holdings' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 2.63 |
Austriacard Holdings Backtested Returns
Austriacard Holdings secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of risk over the last 3 months. Austriacard Holdings AG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Austriacard Holdings' Standard Deviation of 0.9146, mean deviation of 0.617, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0461, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Austriacard Holdings are expected to decrease at a much lower rate. During the bear market, Austriacard Holdings is likely to outperform the market. At this point, Austriacard Holdings has a negative expected return of -0.11%. Please make sure to confirm Austriacard Holdings' value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Austriacard Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.38 |
Poor reverse predictability
Austriacard Holdings AG has poor reverse predictability. Overlapping area represents the amount of predictability between Austriacard Holdings time series from 12th of September 2024 to 27th of October 2024 and 27th of October 2024 to 11th 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 Austriacard Holdings price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Austriacard Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Austriacard Holdings lagged returns against current returns
Autocorrelation, which is Austriacard Holdings 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 Austriacard Holdings' stock expected returns. We can calculate the autocorrelation of Austriacard Holdings returns to help us make a trade decision. For example, suppose you find that Austriacard Holdings 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 |
Austriacard Holdings 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 Austriacard Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Austriacard Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Austriacard Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Austriacard Holdings Lagged Returns
When evaluating Austriacard Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Austriacard Holdings stock have on its future price. Austriacard Holdings 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, Austriacard Holdings autocorrelation shows the relationship between Austriacard Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Austriacard Holdings AG.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Austriacard Stock Analysis
When running Austriacard Holdings' price analysis, check to measure Austriacard Holdings' 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 Austriacard Holdings is operating at the current time. Most of Austriacard Holdings' value examination focuses on studying past and present price action to predict the probability of Austriacard Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Austriacard Holdings' price. Additionally, you may evaluate how the addition of Austriacard Holdings to your portfolios can decrease your overall portfolio volatility.