Admicom Oyj (Finland) Market Value
| ADMCM Stock | EUR 49.80 1.15 2.36% |
| Symbol | Admicom |
Admicom Oyj '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 Admicom Oyj'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 Admicom Oyj.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Admicom Oyj on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Admicom Oyj or generate 0.0% return on investment in Admicom Oyj over 90 days. Admicom Oyj is related to or competes with Alandsbanken Abp, SSH Communications, Detection Technology, and Reka Industrial. Admicom Oyj engages in the ERP management system development business in Finland More
Admicom Oyj 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 Admicom Oyj'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 Admicom Oyj upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.09 | |||
| Information Ratio | 0.0503 | |||
| Maximum Drawdown | 10.6 | |||
| Value At Risk | (2.71) | |||
| Potential Upside | 3.85 |
Admicom Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Admicom Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Admicom Oyj's standard deviation. In reality, there are many statistical measures that can use Admicom Oyj historical prices to predict the future Admicom Oyj's volatility.| Risk Adjusted Performance | 0.0085 | |||
| Jensen Alpha | 0.052 | |||
| Total Risk Alpha | 0.259 | |||
| Sortino Ratio | 0.0505 | |||
| Treynor Ratio | (0.01) |
Admicom Oyj Backtested Returns
Admicom Oyj is very steady at the moment. Admicom Oyj secures Sharpe Ratio (or Efficiency) of 0.0299, which signifies that the company had a 0.0299 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Admicom Oyj, which you can use to evaluate the volatility of the firm. Please confirm Admicom Oyj's Downside Deviation of 2.09, mean deviation of 1.59, and Risk Adjusted Performance of 0.0085 to double-check if the risk estimate we provide is consistent with the expected return of 0.0634%. Admicom Oyj has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.51, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Admicom Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Admicom Oyj is expected to be smaller as well. Admicom Oyj right now shows a risk of 2.12%. Please confirm Admicom Oyj total risk alpha, expected short fall, market facilitation index, as well as the relationship between the value at risk and daily balance of power , to decide if Admicom Oyj will be following its price patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Admicom Oyj has poor reverse predictability. Overlapping area represents the amount of predictability between Admicom Oyj time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Admicom Oyj price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Admicom Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Admicom Oyj lagged returns against current returns
Autocorrelation, which is Admicom Oyj 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 Admicom Oyj's stock expected returns. We can calculate the autocorrelation of Admicom Oyj returns to help us make a trade decision. For example, suppose you find that Admicom Oyj 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 |
Admicom Oyj 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 Admicom Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Admicom Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Admicom Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Admicom Oyj Lagged Returns
When evaluating Admicom Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Admicom Oyj stock have on its future price. Admicom Oyj 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, Admicom Oyj autocorrelation shows the relationship between Admicom Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Admicom Oyj.
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 Admicom Stock
Admicom Oyj financial ratios help investors to determine whether Admicom 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 Admicom with respect to the benefits of owning Admicom Oyj security.