Admie Holding (Greece) Market Value
| ADMIE Stock | EUR 2.43 0.01 0.41% |
| Symbol | Admie |
Admie Holding '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 Admie Holding'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 Admie Holding.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Admie Holding on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Admie Holding SA or generate 0.0% return on investment in Admie Holding over 720 days. Admie Holding is related to or competes with Public Power, Mytilineos, Hellenic Petroleum, Greek Organization, and Motor Oil. Admie Holding S.A. operates an electricity transmission system in Greece More
Admie Holding 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 Admie Holding'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 Admie Holding SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0597 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.61) | |||
| Potential Upside | 2.6 |
Admie Holding Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Admie Holding's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Admie Holding's standard deviation. In reality, there are many statistical measures that can use Admie Holding historical prices to predict the future Admie Holding's volatility.| Risk Adjusted Performance | 0.1263 | |||
| Jensen Alpha | 0.139 | |||
| Total Risk Alpha | 0.0029 | |||
| Sortino Ratio | 0.0586 | |||
| Treynor Ratio | 0.4849 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Admie Holding'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.
Admie Holding SA Backtested Returns
At this point, Admie Holding is slightly risky. Admie Holding SA secures Sharpe Ratio (or Efficiency) of 0.15, which signifies that the company had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Admie Holding SA, which you can use to evaluate the volatility of the firm. Please confirm Admie Holding's Mean Deviation of 0.8229, downside deviation of 1.15, and Risk Adjusted Performance of 0.1263 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Admie Holding has a performance score of 11 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.38, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Admie Holding's returns are expected to increase less than the market. However, during the bear market, the loss of holding Admie Holding is expected to be smaller as well. Admie Holding SA right now shows a risk of 1.15%. Please confirm Admie Holding SA jensen alpha, potential upside, accumulation distribution, as well as the relationship between the treynor ratio and expected short fall , to decide if Admie Holding SA will be following its price patterns.
Auto-correlation | 0.18 |
Very weak predictability
Admie Holding SA has very weak predictability. Overlapping area represents the amount of predictability between Admie Holding time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Admie Holding SA price movement. The serial correlation of 0.18 indicates that over 18.0% of current Admie Holding price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Admie Holding SA lagged returns against current returns
Autocorrelation, which is Admie Holding 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 Admie Holding's stock expected returns. We can calculate the autocorrelation of Admie Holding returns to help us make a trade decision. For example, suppose you find that Admie Holding 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 |
Admie Holding 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 Admie Holding stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Admie Holding stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Admie Holding stock over time.
Current vs Lagged Prices |
| Timeline |
Admie Holding Lagged Returns
When evaluating Admie Holding's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Admie Holding stock have on its future price. Admie Holding 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, Admie Holding autocorrelation shows the relationship between Admie Holding stock current value and its past values and can show if there is a momentum factor associated with investing in Admie Holding SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Admie Stock
Admie Holding financial ratios help investors to determine whether Admie 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 Admie with respect to the benefits of owning Admie Holding security.