ATHENS INTERNATIONAL (Greece) Market Value
| AIA Stock | 10.18 0.23 2.31% |
| Symbol | ATHENS |
ATHENS INTERNATIONAL '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 INTERNATIONAL'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 INTERNATIONAL.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in ATHENS INTERNATIONAL on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding ATHENS INTERNATIONAL AIRPORT or generate 0.0% return on investment in ATHENS INTERNATIONAL over 90 days.
ATHENS INTERNATIONAL 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 INTERNATIONAL'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 INTERNATIONAL AIRPORT upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.12 | |||
| Information Ratio | 0.0857 | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (1.38) | |||
| Potential Upside | 2.62 |
ATHENS INTERNATIONAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ATHENS INTERNATIONAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ATHENS INTERNATIONAL's standard deviation. In reality, there are many statistical measures that can use ATHENS INTERNATIONAL historical prices to predict the future ATHENS INTERNATIONAL's volatility.| Risk Adjusted Performance | 0.1849 | |||
| Jensen Alpha | 0.2383 | |||
| Total Risk Alpha | 0.0557 | |||
| Sortino Ratio | 0.1022 | |||
| Treynor Ratio | 2.87 |
ATHENS INTERNATIONAL Backtested Returns
ATHENS INTERNATIONAL appears to be not too volatile, given 3 months investment horizon. ATHENS INTERNATIONAL 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-eight technical indicators for ATHENS INTERNATIONAL AIRPORT, which you can use to evaluate the volatility of the firm. Please makes use of ATHENS INTERNATIONAL's Downside Deviation of 1.12, mean deviation of 1.06, and Risk Adjusted Performance of 0.1849 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ATHENS INTERNATIONAL holds a performance score of 12. The firm shows a Beta (market volatility) of 0.0872, which signifies not very significant fluctuations relative to the market. As returns on the market increase, ATHENS INTERNATIONAL's returns are expected to increase less than the market. However, during the bear market, the loss of holding ATHENS INTERNATIONAL is expected to be smaller as well. Please check ATHENS INTERNATIONAL's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether ATHENS INTERNATIONAL's price patterns will revert.
Auto-correlation | -0.16 |
Insignificant reverse predictability
ATHENS INTERNATIONAL AIRPORT has insignificant reverse predictability. Overlapping area represents the amount of predictability between ATHENS INTERNATIONAL time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 INTERNATIONAL price movement. The serial correlation of -0.16 indicates that over 16.0% of current ATHENS INTERNATIONAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.16 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
ATHENS INTERNATIONAL lagged returns against current returns
Autocorrelation, which is ATHENS INTERNATIONAL 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 INTERNATIONAL's stock expected returns. We can calculate the autocorrelation of ATHENS INTERNATIONAL returns to help us make a trade decision. For example, suppose you find that ATHENS INTERNATIONAL 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 |
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ATHENS INTERNATIONAL 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 INTERNATIONAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ATHENS INTERNATIONAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ATHENS INTERNATIONAL stock over time.
Current vs Lagged Prices |
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ATHENS INTERNATIONAL Lagged Returns
When evaluating ATHENS INTERNATIONAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ATHENS INTERNATIONAL stock have on its future price. ATHENS INTERNATIONAL 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 INTERNATIONAL autocorrelation shows the relationship between ATHENS INTERNATIONAL stock current value and its past values and can show if there is a momentum factor associated with investing in ATHENS INTERNATIONAL AIRPORT.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for ATHENS Stock Analysis
When running ATHENS INTERNATIONAL's price analysis, check to measure ATHENS INTERNATIONAL'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 INTERNATIONAL is operating at the current time. Most of ATHENS INTERNATIONAL's value examination focuses on studying past and present price action to predict the probability of ATHENS INTERNATIONAL'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 INTERNATIONAL's price. Additionally, you may evaluate how the addition of ATHENS INTERNATIONAL to your portfolios can decrease your overall portfolio volatility.