Athens Medical (Greece) Market Value
| IATR Stock | EUR 1.96 0.04 2.08% |
| Symbol | Athens |
Athens Medical '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 Athens Medical'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 Athens Medical.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Athens Medical on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Athens Medical CSA or generate 0.0% return on investment in Athens Medical over 90 days. Athens Medical is related to or competes with Hellenic Exchanges, Hellenic Telecommunicatio, GEK TERNA, Piraeus Port, and Athens Water. Athens Medical Center S.A., together with its subsidiaries, owns and operates hospital units in Greece and Romania More
Athens Medical 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 Athens Medical'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 Athens Medical CSA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.15 | |||
| Information Ratio | 0.193 | |||
| Maximum Drawdown | 13.75 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 4.61 |
Athens Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Athens Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Athens Medical's standard deviation. In reality, there are many statistical measures that can use Athens Medical historical prices to predict the future Athens Medical's volatility.| Risk Adjusted Performance | 0.1392 | |||
| Jensen Alpha | 0.3808 | |||
| Total Risk Alpha | 0.6703 | |||
| Sortino Ratio | 0.2197 | |||
| Treynor Ratio | 2.3 |
Athens Medical CSA Backtested Returns
Athens Medical appears to be unstable, given 3 months investment horizon. Athens Medical CSA secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Athens Medical CSA, which you can use to evaluate the volatility of the firm. Please makes use of Athens Medical's mean deviation of 1.69, and Risk Adjusted Performance of 0.1392 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Athens Medical holds a performance score of 13. The firm shows a Beta (market volatility) of 0.16, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Athens Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Athens Medical is expected to be smaller as well. Please check Athens Medical's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Athens Medical's price patterns will revert.
Auto-correlation | -0.51 |
Good reverse predictability
Athens Medical CSA has good reverse predictability. Overlapping area represents the amount of predictability between Athens Medical time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Athens Medical CSA price movement. The serial correlation of -0.51 indicates that about 51.0% of current Athens Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Athens Medical CSA lagged returns against current returns
Autocorrelation, which is Athens Medical 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 Athens Medical's stock expected returns. We can calculate the autocorrelation of Athens Medical returns to help us make a trade decision. For example, suppose you find that Athens Medical 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 |
Athens Medical 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 Athens Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Athens Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Athens Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Athens Medical Lagged Returns
When evaluating Athens Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Athens Medical stock have on its future price. Athens Medical 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, Athens Medical autocorrelation shows the relationship between Athens Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Athens Medical CSA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Athens Stock Analysis
When running Athens Medical's price analysis, check to measure Athens Medical'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 Athens Medical is operating at the current time. Most of Athens Medical's value examination focuses on studying past and present price action to predict the probability of Athens Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Athens Medical's price. Additionally, you may evaluate how the addition of Athens Medical to your portfolios can decrease your overall portfolio volatility.