ATMA Participaes (Brazil) Market Value
| ATMP3 Stock | BRL 1.30 0.05 3.70% |
| Symbol | ATMA |
ATMA Participaes '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 ATMA Participaes' 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 ATMA Participaes.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in ATMA Participaes on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding ATMA Participaes SA or generate 0.0% return on investment in ATMA Participaes over 180 days. ATMA Participaes is related to or competes with Triunfo Participaes, Allpark Empreendimentos, Azevedo Travassos, Azevedo Travassos, and Lupatech. ATMA Participaes S.A., through its subsidiaries, provides contact center and trade marketing services More
ATMA Participaes 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 ATMA Participaes' 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 ATMA Participaes SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.92 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 21.44 | |||
| Value At Risk | (5.07) | |||
| Potential Upside | 6.38 |
ATMA Participaes Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATMA Participaes' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATMA Participaes' standard deviation. In reality, there are many statistical measures that can use ATMA Participaes historical prices to predict the future ATMA Participaes' volatility.| Risk Adjusted Performance | 0.0177 | |||
| Jensen Alpha | 0.1175 | |||
| Total Risk Alpha | (0.48) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.05) |
ATMA Participaes Backtested Returns
ATMA Participaes secures Sharpe Ratio (or Efficiency) of -0.0131, which signifies that the company had a -0.0131% return per unit of return volatility over the last 3 months. ATMA Participaes SA exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ATMA Participaes' Mean Deviation of 2.2, risk adjusted performance of 0.0177, and Semi Deviation of 2.42 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.72, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning ATMA Participaes are expected to decrease at a much lower rate. During the bear market, ATMA Participaes is likely to outperform the market. At this point, ATMA Participaes has a negative expected return of -0.0432%. Please make sure to confirm ATMA Participaes' coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the information ratio and total risk alpha , to decide if ATMA Participaes performance from the past will be repeated at future time.
Auto-correlation | 0.30 |
Below average predictability
ATMA Participaes SA has below average predictability. Overlapping area represents the amount of predictability between ATMA Participaes time series from 1st of June 2024 to 30th of August 2024 and 30th of August 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 ATMA Participaes price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current ATMA Participaes price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
ATMA Participaes lagged returns against current returns
Autocorrelation, which is ATMA Participaes 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 ATMA Participaes' stock expected returns. We can calculate the autocorrelation of ATMA Participaes returns to help us make a trade decision. For example, suppose you find that ATMA Participaes 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 |
ATMA Participaes 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 ATMA Participaes stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATMA Participaes stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATMA Participaes stock over time.
Current vs Lagged Prices |
| Timeline |
ATMA Participaes Lagged Returns
When evaluating ATMA Participaes' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATMA Participaes stock have on its future price. ATMA Participaes 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, ATMA Participaes autocorrelation shows the relationship between ATMA Participaes stock current value and its past values and can show if there is a momentum factor associated with investing in ATMA Participaes SA.
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.Additional Tools for ATMA Stock Analysis
When running ATMA Participaes' price analysis, check to measure ATMA Participaes' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy ATMA Participaes is operating at the current time. Most of ATMA Participaes' value examination focuses on studying past and present price action to predict the probability of ATMA Participaes' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move ATMA Participaes' price. Additionally, you may evaluate how the addition of ATMA Participaes to your portfolios can decrease your overall portfolio volatility.