Altri SGPS (Portugal) Market Value
| ALTR Stock | EUR 4.79 0.02 0.42% |
| Symbol | Altri |
Altri SGPS '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 Altri SGPS'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 Altri SGPS.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Altri SGPS on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Altri SGPS SA or generate 0.0% return on investment in Altri SGPS over 90 days. Altri SGPS is related to or competes with Sonae SGPS, Galp Energia, and REN Redes. More
Altri SGPS 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 Altri SGPS'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 Altri SGPS SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 11.69 | |||
| Value At Risk | (2.81) | |||
| Potential Upside | 1.89 |
Altri SGPS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Altri SGPS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Altri SGPS's standard deviation. In reality, there are many statistical measures that can use Altri SGPS historical prices to predict the future Altri SGPS's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | (1.20) |
Altri SGPS SA Backtested Returns
Altri SGPS SA secures Sharpe Ratio (or Efficiency) of -0.19, which signifies that the company had a -0.19 % return per unit of risk over the last 3 months. Altri SGPS SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Altri SGPS's Risk Adjusted Performance of (0.17), mean deviation of 1.1, and Standard Deviation of 1.66 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.27, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Altri SGPS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Altri SGPS is expected to be smaller as well. At this point, Altri SGPS SA has a negative expected return of -0.32%. Please make sure to confirm Altri SGPS's maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Altri SGPS SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.39 |
Below average predictability
Altri SGPS SA has below average predictability. Overlapping area represents the amount of predictability between Altri SGPS 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 Altri SGPS SA price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Altri SGPS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Altri SGPS SA lagged returns against current returns
Autocorrelation, which is Altri SGPS 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 Altri SGPS's stock expected returns. We can calculate the autocorrelation of Altri SGPS returns to help us make a trade decision. For example, suppose you find that Altri SGPS 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 |
Altri SGPS 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 Altri SGPS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Altri SGPS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Altri SGPS stock over time.
Current vs Lagged Prices |
| Timeline |
Altri SGPS Lagged Returns
When evaluating Altri SGPS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Altri SGPS stock have on its future price. Altri SGPS 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, Altri SGPS autocorrelation shows the relationship between Altri SGPS stock current value and its past values and can show if there is a momentum factor associated with investing in Altri SGPS SA.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Altri Stock Analysis
When running Altri SGPS's price analysis, check to measure Altri SGPS'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 Altri SGPS is operating at the current time. Most of Altri SGPS's value examination focuses on studying past and present price action to predict the probability of Altri SGPS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Altri SGPS's price. Additionally, you may evaluate how the addition of Altri SGPS to your portfolios can decrease your overall portfolio volatility.