Atalaya Mining (UK) Market Value
| ATYM Stock | 376.00 1.50 0.40% |
| Symbol | Atalaya |
Atalaya Mining '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 Atalaya Mining'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 Atalaya Mining.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in Atalaya Mining on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Atalaya Mining or generate 0.0% return on investment in Atalaya Mining over 90 days. Atalaya Mining is related to or competes with InterContinental, Bloomsbury Publishing, Edinburgh Investment, Melia Hotels, Lindsell Train, Clean Power, and Tavistock Investments. Atalaya Mining is entity of United Kingdom More
Atalaya Mining 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 Atalaya Mining'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 Atalaya Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.19 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 11.48 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 3.45 |
Atalaya Mining Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Atalaya Mining's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Atalaya Mining's standard deviation. In reality, there are many statistical measures that can use Atalaya Mining historical prices to predict the future Atalaya Mining's volatility.| Risk Adjusted Performance | 0.0327 | |||
| Jensen Alpha | 0.1345 | |||
| Total Risk Alpha | 0.2876 | |||
| Sortino Ratio | 0.0678 | |||
| Treynor Ratio | 0.0677 |
Atalaya Mining Backtested Returns
Atalaya Mining appears to be very steady, given 3 months investment horizon. Atalaya Mining secures Sharpe Ratio (or Efficiency) of 0.1, which signifies that the company had a 0.1 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Atalaya Mining, which you can use to evaluate the volatility of the firm. Please makes use of Atalaya Mining's risk adjusted performance of 0.0327, and Mean Deviation of 1.68 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Atalaya Mining holds a performance score of 7. The firm shows a Beta (market volatility) of 0.85, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Atalaya Mining's returns are expected to increase less than the market. However, during the bear market, the loss of holding Atalaya Mining is expected to be smaller as well. Please check Atalaya Mining's market risk adjusted performance, semi deviation, coefficient of variation, as well as the relationship between the mean deviation and downside deviation , to make a quick decision on whether Atalaya Mining's price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Atalaya Mining has good predictability. Overlapping area represents the amount of predictability between Atalaya Mining time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Atalaya Mining price movement. The serial correlation of 0.68 indicates that around 68.0% of current Atalaya Mining price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 246.31 |
Atalaya Mining lagged returns against current returns
Autocorrelation, which is Atalaya Mining 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 Atalaya Mining's stock expected returns. We can calculate the autocorrelation of Atalaya Mining returns to help us make a trade decision. For example, suppose you find that Atalaya Mining 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 |
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Atalaya Mining 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 Atalaya Mining stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Atalaya Mining stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Atalaya Mining stock over time.
Current vs Lagged Prices |
| Timeline |
Atalaya Mining Lagged Returns
When evaluating Atalaya Mining's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Atalaya Mining stock have on its future price. Atalaya Mining 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, Atalaya Mining autocorrelation shows the relationship between Atalaya Mining stock current value and its past values and can show if there is a momentum factor associated with investing in Atalaya Mining.
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 Atalaya Stock Analysis
When running Atalaya Mining's price analysis, check to measure Atalaya Mining's 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 Atalaya Mining is operating at the current time. Most of Atalaya Mining's value examination focuses on studying past and present price action to predict the probability of Atalaya Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Atalaya Mining's price. Additionally, you may evaluate how the addition of Atalaya Mining to your portfolios can decrease your overall portfolio volatility.