Atrium Mortgage Investment Stock Market Value
| AI Stock | CAD 11.30 0.06 0.53% |
| Symbol | Atrium |
Atrium Mortgage Inve Price To Book Ratio
Atrium Mortgage '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 Atrium Mortgage'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 Atrium Mortgage.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in Atrium Mortgage on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding Atrium Mortgage Investment or generate 0.0% return on investment in Atrium Mortgage over 360 days. Atrium Mortgage is related to or competes with Timbercreek Financial, Firm Capital, MCAN Mortgage, First National, and Bridgemarq Real. Atrium Mortgage Investment Corporation provides financing solutions to the real estate communities in Ontario, Saskatche... More
Atrium Mortgage 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 Atrium Mortgage'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 Atrium Mortgage Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7795 | |||
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 4.3 | |||
| Value At Risk | (0.88) | |||
| Potential Upside | 0.713 |
Atrium Mortgage Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atrium Mortgage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atrium Mortgage's standard deviation. In reality, there are many statistical measures that can use Atrium Mortgage historical prices to predict the future Atrium Mortgage's volatility.| Risk Adjusted Performance | 0.0037 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.15) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Atrium Mortgage'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.
Atrium Mortgage Inve Backtested Returns
As of now, Atrium Stock is very steady. Atrium Mortgage Inve secures Sharpe Ratio (or Efficiency) of 0.0097, which signifies that the company had a 0.0097% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Atrium Mortgage Investment, which you can use to evaluate the volatility of the firm. Please confirm Atrium Mortgage's Mean Deviation of 0.4338, downside deviation of 0.7795, and Risk Adjusted Performance of 0.0037 to double-check if the risk estimate we provide is consistent with the expected return of 0.0062%. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Atrium Mortgage's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atrium Mortgage is expected to be smaller as well. Atrium Mortgage Inve right now shows a risk of 0.64%. Please confirm Atrium Mortgage Inve treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to decide if Atrium Mortgage Inve will be following its price patterns.
Auto-correlation | 0.79 |
Good predictability
Atrium Mortgage Investment has good predictability. Overlapping area represents the amount of predictability between Atrium Mortgage time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 Atrium Mortgage Inve price movement. The serial correlation of 0.79 indicates that around 79.0% of current Atrium Mortgage price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Atrium Mortgage Inve lagged returns against current returns
Autocorrelation, which is Atrium Mortgage 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 Atrium Mortgage's stock expected returns. We can calculate the autocorrelation of Atrium Mortgage returns to help us make a trade decision. For example, suppose you find that Atrium Mortgage 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 |
Atrium Mortgage 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 Atrium Mortgage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atrium Mortgage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atrium Mortgage stock over time.
Current vs Lagged Prices |
| Timeline |
Atrium Mortgage Lagged Returns
When evaluating Atrium Mortgage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atrium Mortgage stock have on its future price. Atrium Mortgage 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, Atrium Mortgage autocorrelation shows the relationship between Atrium Mortgage stock current value and its past values and can show if there is a momentum factor associated with investing in Atrium Mortgage Investment.
Regressed Prices |
| Timeline |
Pair Trading with Atrium Mortgage
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Atrium Mortgage position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Atrium Mortgage will appreciate offsetting losses from the drop in the long position's value.Moving against Atrium Stock
| 0.6 | TRP | TC Energy Corp | PairCorr |
| 0.51 | SU | Suncor Energy | PairCorr |
| 0.45 | BBD-B | Bombardier | PairCorr |
| 0.43 | ONEX | Onex Corp | PairCorr |
| 0.37 | MGA | Mega Uranium | PairCorr |
The ability to find closely correlated positions to Atrium Mortgage could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Atrium Mortgage when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Atrium Mortgage - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Atrium Mortgage Investment to buy it.
The correlation of Atrium Mortgage is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Atrium Mortgage moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Atrium Mortgage Inve moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Atrium Mortgage can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Atrium Stock
Atrium Mortgage financial ratios help investors to determine whether Atrium 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 Atrium with respect to the benefits of owning Atrium Mortgage security.