AutoStore Holdings (Norway) Market Value
| AUTO Stock | 11.31 0.04 0.35% |
| Symbol | AutoStore |
AutoStore Holdings '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 AutoStore Holdings' 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 AutoStore Holdings.
| 02/28/2023 |
| 02/17/2025 |
If you would invest 0.00 in AutoStore Holdings on February 28, 2023 and sell it all today you would earn a total of 0.00 from holding AutoStore Holdings or generate 0.0% return on investment in AutoStore Holdings over 720 days. AutoStore Holdings is related to or competes with Nordic Semiconductor, Aker BP, SalMar ASA, and Scatec Solar. More
AutoStore Holdings 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 AutoStore Holdings' 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 AutoStore Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.97 | |||
| Information Ratio | 0.0151 | |||
| Maximum Drawdown | 16.4 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 5.0 |
AutoStore Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AutoStore Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AutoStore Holdings' standard deviation. In reality, there are many statistical measures that can use AutoStore Holdings historical prices to predict the future AutoStore Holdings' volatility.| Risk Adjusted Performance | 0.0209 | |||
| Jensen Alpha | 0.0457 | |||
| Total Risk Alpha | 0.0418 | |||
| Sortino Ratio | 0.0153 | |||
| Treynor Ratio | 0.062 |
AutoStore Holdings Backtested Returns
AutoStore Holdings secures Sharpe Ratio (or Efficiency) of -0.0156, which signifies that the company had a -0.0156 % return per unit of risk over the last 3 months. AutoStore Holdings exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AutoStore Holdings' Mean Deviation of 2.21, downside deviation of 2.97, and Risk Adjusted Performance of 0.0209 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.75, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, AutoStore Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding AutoStore Holdings is expected to be smaller as well. At this point, AutoStore Holdings has a negative expected return of -0.0436%. Please make sure to confirm AutoStore Holdings' treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if AutoStore Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
AutoStore Holdings has good predictability. Overlapping area represents the amount of predictability between AutoStore Holdings time series from 28th of February 2023 to 23rd of February 2024 and 23rd of February 2024 to 17th of February 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 AutoStore Holdings price movement. The serial correlation of 0.67 indicates that around 67.0% of current AutoStore Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 8.53 |
AutoStore Holdings lagged returns against current returns
Autocorrelation, which is AutoStore Holdings 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 AutoStore Holdings' stock expected returns. We can calculate the autocorrelation of AutoStore Holdings returns to help us make a trade decision. For example, suppose you find that AutoStore Holdings 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 |
AutoStore Holdings 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 AutoStore Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AutoStore Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AutoStore Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
AutoStore Holdings Lagged Returns
When evaluating AutoStore Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AutoStore Holdings stock have on its future price. AutoStore Holdings 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, AutoStore Holdings autocorrelation shows the relationship between AutoStore Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in AutoStore Holdings.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectOther Information on Investing in AutoStore Stock
AutoStore Holdings financial ratios help investors to determine whether AutoStore 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 AutoStore with respect to the benefits of owning AutoStore Holdings security.