Aritzia Stock Market Value
| ATZAF Stock | USD 37.65 2.03 5.70% |
| Symbol | Aritzia |
Aritzia '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 Aritzia's pink sheet 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 Aritzia.
| 04/27/2024 |
| 12/23/2024 |
If you would invest 0.00 in Aritzia on April 27, 2024 and sell it all today you would earn a total of 0.00 from holding Aritzia or generate 0.0% return on investment in Aritzia over 240 days. Aritzia is related to or competes with Fast Retailing, Industria, Shoe Carnival, Genesco, Burlington Stores, Buckle, and Carters. Aritzia Inc., together with its subsidiaries, designs and sells apparels and accessories for women in North America More
Aritzia 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 Aritzia's pink sheet 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 Aritzia upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.21 | |||
| Information Ratio | 0.0439 | |||
| Maximum Drawdown | 28.58 | |||
| Value At Risk | (4.26) | |||
| Potential Upside | 5.7 |
Aritzia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aritzia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aritzia's standard deviation. In reality, there are many statistical measures that can use Aritzia historical prices to predict the future Aritzia's volatility.| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.2444 | |||
| Total Risk Alpha | 0.0987 | |||
| Sortino Ratio | 0.0502 | |||
| Treynor Ratio | (0.49) |
Aritzia Backtested Returns
At this point, Aritzia is not too volatile. Aritzia secures Sharpe Ratio (or Efficiency) of 0.0268, which signifies that the company had a 0.0268% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aritzia, which you can use to evaluate the volatility of the firm. Please confirm Aritzia's Downside Deviation of 4.21, risk adjusted performance of 0.0484, and Mean Deviation of 2.57 to double-check if the risk estimate we provide is consistent with the expected return of 0.13%. Aritzia has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.48, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Aritzia are expected to decrease at a much lower rate. During the bear market, Aritzia is likely to outperform the market. Aritzia right now shows a risk of 4.87%. Please confirm Aritzia standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Aritzia will be following its price patterns.
Auto-correlation | -0.36 |
Poor reverse predictability
Aritzia has poor reverse predictability. Overlapping area represents the amount of predictability between Aritzia time series from 27th of April 2024 to 25th of August 2024 and 25th of August 2024 to 23rd 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 Aritzia price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Aritzia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 4.56 |
Aritzia lagged returns against current returns
Autocorrelation, which is Aritzia pink sheet'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 Aritzia's pink sheet expected returns. We can calculate the autocorrelation of Aritzia returns to help us make a trade decision. For example, suppose you find that Aritzia has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Aritzia 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 Aritzia pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aritzia pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aritzia pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Aritzia Lagged Returns
When evaluating Aritzia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aritzia pink sheet have on its future price. Aritzia 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, Aritzia autocorrelation shows the relationship between Aritzia pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Aritzia.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Aritzia Pink Sheet
Aritzia financial ratios help investors to determine whether Aritzia Pink Sheet 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 Aritzia with respect to the benefits of owning Aritzia security.