Attica Bank (Greece) Market Value
| TATT Stock | EUR 0.71 0.01 1.43% |
| Symbol | Attica |
Attica Bank '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 Attica Bank'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 Attica Bank.
| 01/01/2025 |
| 03/02/2025 |
If you would invest 0.00 in Attica Bank on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding Attica Bank SA or generate 0.0% return on investment in Attica Bank over 60 days. Attica Bank is related to or competes with Thrace Plastics, National Bank, Hellenic Telecommunicatio, Foodlink, Marfin Investment, and General Commercial. Attica Bank S.A., together with its subsidiaries, provides various banking products and services to individuals, small a... More
Attica Bank 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 Attica Bank'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 Attica Bank SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.66 | |||
| Information Ratio | 0.169 | |||
| Maximum Drawdown | 18.28 | |||
| Value At Risk | (1.82) | |||
| Potential Upside | 5.88 |
Attica Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Attica Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Attica Bank's standard deviation. In reality, there are many statistical measures that can use Attica Bank historical prices to predict the future Attica Bank's volatility.| Risk Adjusted Performance | 0.1284 | |||
| Jensen Alpha | 0.4396 | |||
| Total Risk Alpha | 0.5331 | |||
| Sortino Ratio | 0.1764 | |||
| Treynor Ratio | (1.51) |
Attica Bank SA Backtested Returns
Attica Bank appears to be extremely dangerous, given 3 months investment horizon. Attica Bank SA secures Sharpe Ratio (or Efficiency) of 0.16, which signifies that the company had a 0.16 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Attica Bank SA, which you can use to evaluate the volatility of the firm. Please makes use of Attica Bank's Mean Deviation of 1.73, risk adjusted performance of 0.1284, and Downside Deviation of 2.66 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Attica Bank holds a performance score of 12. The firm shows a Beta (market volatility) of -0.3, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Attica Bank are expected to decrease at a much lower rate. During the bear market, Attica Bank is likely to outperform the market. Please check Attica Bank's treynor ratio, value at risk, downside variance, as well as the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Attica Bank's price patterns will revert.
Auto-correlation | -0.32 |
Poor reverse predictability
Attica Bank SA has poor reverse predictability. Overlapping area represents the amount of predictability between Attica Bank time series from 1st of January 2025 to 31st of January 2025 and 31st of January 2025 to 2nd 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 Attica Bank SA price movement. The serial correlation of -0.32 indicates that nearly 32.0% of current Attica Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.32 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Attica Bank SA lagged returns against current returns
Autocorrelation, which is Attica Bank 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 Attica Bank's stock expected returns. We can calculate the autocorrelation of Attica Bank returns to help us make a trade decision. For example, suppose you find that Attica Bank 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 |
Attica Bank 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 Attica Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Attica Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Attica Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Attica Bank Lagged Returns
When evaluating Attica Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Attica Bank stock have on its future price. Attica Bank 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, Attica Bank autocorrelation shows the relationship between Attica Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Attica Bank SA.
Regressed Prices |
| Timeline |
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Additional Tools for Attica Stock Analysis
When running Attica Bank's price analysis, check to measure Attica Bank'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 Attica Bank is operating at the current time. Most of Attica Bank's value examination focuses on studying past and present price action to predict the probability of Attica Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Attica Bank's price. Additionally, you may evaluate how the addition of Attica Bank to your portfolios can decrease your overall portfolio volatility.