AptarGroup (Germany) Market Value
| AGT Stock | EUR 163.10 0.50 0.31% |
| Symbol | AptarGroup |
AptarGroup '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 AptarGroup'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 AptarGroup.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in AptarGroup on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding AptarGroup or generate 0.0% return on investment in AptarGroup over 30 days. AptarGroup is related to or competes with JAPAN AIRLINES, Ribbon Communications, Bank of America, Singapore Airlines, SBA Communications, Consolidated Communications, and Chunghwa Telecom. AptarGroup, Inc. provides a range of packaging, dispensing, and sealing solutions primarily for the beauty, personal car... More
AptarGroup 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 AptarGroup'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 AptarGroup upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.2 | |||
| Information Ratio | 0.116 | |||
| Maximum Drawdown | 7.08 | |||
| Value At Risk | (1.96) | |||
| Potential Upside | 2.48 |
AptarGroup Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AptarGroup's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AptarGroup's standard deviation. In reality, there are many statistical measures that can use AptarGroup historical prices to predict the future AptarGroup's volatility.| Risk Adjusted Performance | 0.1637 | |||
| Jensen Alpha | 0.2099 | |||
| Total Risk Alpha | 0.0682 | |||
| Sortino Ratio | 0.1322 | |||
| Treynor Ratio | 0.4954 |
AptarGroup Backtested Returns
AptarGroup appears to be very steady, given 3 months investment horizon. AptarGroup secures Sharpe Ratio (or Efficiency) of 0.21, which signifies that the company had a 0.21% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for AptarGroup, which you can use to evaluate the volatility of the firm. Please makes use of AptarGroup's Mean Deviation of 0.9902, risk adjusted performance of 0.1637, and Downside Deviation of 1.2 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, AptarGroup holds a performance score of 16. The firm shows a Beta (market volatility) of 0.55, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AptarGroup's returns are expected to increase less than the market. However, during the bear market, the loss of holding AptarGroup is expected to be smaller as well. Please check AptarGroup's potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to make a quick decision on whether AptarGroup's price patterns will revert.
Auto-correlation | 0.33 |
Below average predictability
AptarGroup has below average predictability. Overlapping area represents the amount of predictability between AptarGroup time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 AptarGroup price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current AptarGroup price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | -0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 9.57 |
AptarGroup lagged returns against current returns
Autocorrelation, which is AptarGroup 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 AptarGroup's stock expected returns. We can calculate the autocorrelation of AptarGroup returns to help us make a trade decision. For example, suppose you find that AptarGroup 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 |
AptarGroup 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 AptarGroup stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AptarGroup stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AptarGroup stock over time.
Current vs Lagged Prices |
| Timeline |
AptarGroup Lagged Returns
When evaluating AptarGroup's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AptarGroup stock have on its future price. AptarGroup 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, AptarGroup autocorrelation shows the relationship between AptarGroup stock current value and its past values and can show if there is a momentum factor associated with investing in AptarGroup.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in AptarGroup Stock
When determining whether AptarGroup is a strong investment it is important to analyze AptarGroup's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact AptarGroup's future performance. For an informed investment choice regarding AptarGroup Stock, refer to the following important reports:Check out AptarGroup Correlation, AptarGroup Volatility and AptarGroup Alpha and Beta module to complement your research on AptarGroup. For more detail on how to invest in AptarGroup Stock please use our How to Invest in AptarGroup guide.You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
AptarGroup 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.