Atmos Energy (Germany) Market Value
| AEO Stock | EUR 132.80 1.05 0.78% |
| Symbol | Atmos |
Atmos Energy '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 Atmos Energy'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 Atmos Energy.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Atmos Energy on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Atmos Energy or generate 0.0% return on investment in Atmos Energy over 30 days. Atmos Energy is related to or competes with LION ONE, Goosehead Insurance, Jacquet Metal, Selective Insurance, Cardinal Health, CVS Health, and GREENX METALS. Atmos Energy Corporation, together with its subsidiaries, engages in the regulated natural gas distribution, and pipelin... More
Atmos Energy 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 Atmos Energy'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 Atmos Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.03 | |||
| Information Ratio | 0.0204 | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.52) | |||
| Potential Upside | 1.98 |
Atmos Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atmos Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atmos Energy's standard deviation. In reality, there are many statistical measures that can use Atmos Energy historical prices to predict the future Atmos Energy's volatility.| Risk Adjusted Performance | 0.1027 | |||
| Jensen Alpha | 0.0952 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.021 | |||
| Treynor Ratio | 0.3808 |
Atmos Energy Backtested Returns
At this point, Atmos Energy is very steady. Atmos Energy secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Atmos Energy, which you can use to evaluate the volatility of the firm. Please confirm Atmos Energy's Risk Adjusted Performance of 0.1027, mean deviation of 0.8155, and Downside Deviation of 1.03 to double-check if the risk estimate we provide is consistent with the expected return of 0.17%. Atmos Energy has a performance score of 12 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atmos Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atmos Energy is expected to be smaller as well. Atmos Energy right now shows a risk of 1.06%. Please confirm Atmos Energy jensen alpha, sortino ratio, and the relationship between the information ratio and total risk alpha , to decide if Atmos Energy will be following its price patterns.
Auto-correlation | -0.88 |
Excellent reverse predictability
Atmos Energy has excellent reverse predictability. Overlapping area represents the amount of predictability between Atmos Energy time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 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 Atmos Energy price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current Atmos Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.86 | |
| Residual Average | 0.0 | |
| Price Variance | 17.63 |
Atmos Energy lagged returns against current returns
Autocorrelation, which is Atmos Energy 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 Atmos Energy's stock expected returns. We can calculate the autocorrelation of Atmos Energy returns to help us make a trade decision. For example, suppose you find that Atmos Energy 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 |
Atmos Energy 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 Atmos Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atmos Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atmos Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Atmos Energy Lagged Returns
When evaluating Atmos Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atmos Energy stock have on its future price. Atmos Energy 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, Atmos Energy autocorrelation shows the relationship between Atmos Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Atmos Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in Atmos Stock
When determining whether Atmos Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Atmos Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Atmos Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Atmos Energy Stock:Check out Atmos Energy Correlation, Atmos Energy Volatility and Atmos Energy Alpha and Beta module to complement your research on Atmos Energy. For more detail on how to invest in Atmos Stock please use our How to Invest in Atmos Energy guide.You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Atmos Energy technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.