Atom Empreendimentos (Brazil) Market Value
| ATOM3 Stock | BRL 3.38 0.14 4.32% |
| Symbol | Atom |
Atom Empreendimentos '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 Atom Empreendimentos' 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 Atom Empreendimentos.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Atom Empreendimentos on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Atom Empreendimentos e or generate 0.0% return on investment in Atom Empreendimentos over 30 days. Atom Empreendimentos is related to or competes with Lupatech, Triunfo Participaes, Viver Incorporadora, Bombril SA, and Recrusul. Atom Empreendimentos e Participaes S.A. operates in the financial market sector in Brazil More
Atom Empreendimentos 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 Atom Empreendimentos' 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 Atom Empreendimentos e upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 11.72 | |||
| Information Ratio | 0.0468 | |||
| Maximum Drawdown | 73.55 | |||
| Value At Risk | (13.33) | |||
| Potential Upside | 22.22 |
Atom Empreendimentos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atom Empreendimentos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atom Empreendimentos' standard deviation. In reality, there are many statistical measures that can use Atom Empreendimentos historical prices to predict the future Atom Empreendimentos' volatility.| Risk Adjusted Performance | 0.0511 | |||
| Jensen Alpha | 0.6726 | |||
| Total Risk Alpha | 0.2476 | |||
| Sortino Ratio | 0.0529 | |||
| Treynor Ratio | (0.60) |
Atom Empreendimentos Backtested Returns
Atom Empreendimentos appears to be extremely dangerous, given 3 months investment horizon. Atom Empreendimentos secures Sharpe Ratio (or Efficiency) of 0.0494, which signifies that the company had a 0.0494 % return per unit of risk over the last 3 months. By analyzing Atom Empreendimentos' technical indicators, you can evaluate if the expected return of 0.66% is justified by implied risk. Please makes use of Atom Empreendimentos' Downside Deviation of 11.72, risk adjusted performance of 0.0511, and Mean Deviation of 8.03 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Atom Empreendimentos holds a performance score of 3. The firm shows a Beta (market volatility) of -1.07, which signifies a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Atom Empreendimentos are expected to decrease slowly. On the other hand, during market turmoil, Atom Empreendimentos is expected to outperform it slightly. Please check Atom Empreendimentos' total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to make a quick decision on whether Atom Empreendimentos' price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Atom Empreendimentos e has poor reverse predictability. Overlapping area represents the amount of predictability between Atom Empreendimentos time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Atom Empreendimentos price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Atom Empreendimentos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Atom Empreendimentos lagged returns against current returns
Autocorrelation, which is Atom Empreendimentos 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 Atom Empreendimentos' stock expected returns. We can calculate the autocorrelation of Atom Empreendimentos returns to help us make a trade decision. For example, suppose you find that Atom Empreendimentos 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 |
Atom Empreendimentos 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 Atom Empreendimentos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atom Empreendimentos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atom Empreendimentos stock over time.
Current vs Lagged Prices |
| Timeline |
Atom Empreendimentos Lagged Returns
When evaluating Atom Empreendimentos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atom Empreendimentos stock have on its future price. Atom Empreendimentos 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, Atom Empreendimentos autocorrelation shows the relationship between Atom Empreendimentos stock current value and its past values and can show if there is a momentum factor associated with investing in Atom Empreendimentos e.
Regressed Prices |
| Timeline |
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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 Atom Stock Analysis
When running Atom Empreendimentos' price analysis, check to measure Atom Empreendimentos' 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 Atom Empreendimentos is operating at the current time. Most of Atom Empreendimentos' value examination focuses on studying past and present price action to predict the probability of Atom Empreendimentos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atom Empreendimentos' price. Additionally, you may evaluate how the addition of Atom Empreendimentos to your portfolios can decrease your overall portfolio volatility.