Technical Olympic (Greece) Market Value
| OLYMP Stock | EUR 2.50 0.01 0.40% |
| Symbol | Technical |
Technical Olympic '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 Technical Olympic'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 Technical Olympic.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Technical Olympic on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Technical Olympic SA or generate 0.0% return on investment in Technical Olympic over 90 days. Technical Olympic is related to or competes with Piraeus Financial, Daios Plastics, Marfin Investment, Hellenic Telecommunicatio, Intracom Constructions, and Interlife General. Technical Olympic S.A. engages in homebuilding, construction, tourism, wind power, marinas, and real estate development ... More
Technical Olympic 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 Technical Olympic'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 Technical Olympic SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | 0.1906 | |||
| Maximum Drawdown | 5.63 | |||
| Value At Risk | (1.19) | |||
| Potential Upside | 2.34 |
Technical Olympic Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Technical Olympic's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Technical Olympic's standard deviation. In reality, there are many statistical measures that can use Technical Olympic historical prices to predict the future Technical Olympic's volatility.| Risk Adjusted Performance | 0.0865 | |||
| Jensen Alpha | 0.1141 | |||
| Total Risk Alpha | 0.2261 | |||
| Sortino Ratio | 0.1943 | |||
| Treynor Ratio | 0.4876 |
Technical Olympic Backtested Returns
At this point, Technical Olympic is somewhat reliable. Technical Olympic owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0973, which indicates the firm had a 0.0973 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Technical Olympic SA, which you can use to evaluate the volatility of the company. Please validate Technical Olympic's Semi Deviation of 0.6601, coefficient of variation of 1028.15, and Risk Adjusted Performance of 0.0865 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Technical Olympic has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Technical Olympic's returns are expected to increase less than the market. However, during the bear market, the loss of holding Technical Olympic is expected to be smaller as well. Technical Olympic right now has a risk of 1.06%. Please validate Technical Olympic downside variance, and the relationship between the total risk alpha and daily balance of power , to decide if Technical Olympic will be following its existing price patterns.
Auto-correlation | 0.31 |
Below average predictability
Technical Olympic SA has below average predictability. Overlapping area represents the amount of predictability between Technical Olympic time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Technical Olympic price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Technical Olympic price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Technical Olympic lagged returns against current returns
Autocorrelation, which is Technical Olympic 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 Technical Olympic's stock expected returns. We can calculate the autocorrelation of Technical Olympic returns to help us make a trade decision. For example, suppose you find that Technical Olympic 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 |
Technical Olympic 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 Technical Olympic stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Technical Olympic stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Technical Olympic stock over time.
Current vs Lagged Prices |
| Timeline |
Technical Olympic Lagged Returns
When evaluating Technical Olympic's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Technical Olympic stock have on its future price. Technical Olympic 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, Technical Olympic autocorrelation shows the relationship between Technical Olympic stock current value and its past values and can show if there is a momentum factor associated with investing in Technical Olympic SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Other Information on Investing in Technical Stock
Technical Olympic financial ratios help investors to determine whether Technical 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 Technical with respect to the benefits of owning Technical Olympic security.