Asseco South (Poland) Market Value
| ASE Stock | 76.80 0.70 0.92% |
| Symbol | Asseco |
Asseco South '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 Asseco South'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 Asseco South.
| 04/24/2025 |
| 07/23/2025 |
If you would invest 0.00 in Asseco South on April 24, 2025 and sell it all today you would earn a total of 0.00 from holding Asseco South Eastern or generate 0.0% return on investment in Asseco South over 90 days.
Asseco South 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 Asseco South'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 Asseco South Eastern upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.1203 | |||
| Maximum Drawdown | 14.39 | |||
| Value At Risk | (2.87) | |||
| Potential Upside | 5.14 |
Asseco South Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Asseco South's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Asseco South's standard deviation. In reality, there are many statistical measures that can use Asseco South historical prices to predict the future Asseco South's volatility.| Risk Adjusted Performance | 0.1774 | |||
| Jensen Alpha | 0.3736 | |||
| Total Risk Alpha | (0) | |||
| Sortino Ratio | 0.1522 | |||
| Treynor Ratio | 0.7651 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Asseco South's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Asseco South Eastern Backtested Returns
Asseco South appears to be very steady, given 3 months investment horizon. Asseco South Eastern 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. We have found thirty technical indicators for Asseco South Eastern, which you can use to evaluate the volatility of the firm. Please makes use of Asseco South's Risk Adjusted Performance of 0.1774, downside deviation of 2.04, and Mean Deviation of 1.87 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Asseco South holds a performance score of 14. The firm shows a Beta (market volatility) of 0.63, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Asseco South's returns are expected to increase less than the market. However, during the bear market, the loss of holding Asseco South is expected to be smaller as well. Please check Asseco South's treynor ratio, kurtosis, period momentum indicator, as well as the relationship between the downside variance and day median price , to make a quick decision on whether Asseco South's price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
Asseco South Eastern has average predictability. Overlapping area represents the amount of predictability between Asseco South time series from 24th of April 2025 to 8th of June 2025 and 8th of June 2025 to 23rd 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 Asseco South Eastern price movement. The serial correlation of 0.49 indicates that about 49.0% of current Asseco South price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 16.48 |
Asseco South Eastern lagged returns against current returns
Autocorrelation, which is Asseco South 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 Asseco South's stock expected returns. We can calculate the autocorrelation of Asseco South returns to help us make a trade decision. For example, suppose you find that Asseco South 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 |
Asseco South 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 Asseco South stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Asseco South stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Asseco South stock over time.
Current vs Lagged Prices |
| Timeline |
Asseco South Lagged Returns
When evaluating Asseco South's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Asseco South stock have on its future price. Asseco South 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, Asseco South autocorrelation shows the relationship between Asseco South stock current value and its past values and can show if there is a momentum factor associated with investing in Asseco South Eastern.
Regressed Prices |
| Timeline |
Pair Trading with Asseco South
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Asseco South position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Asseco South will appreciate offsetting losses from the drop in the long position's value.Moving together with Asseco Stock
| 0.82 | SAN | Banco Santander SA Earnings Call This Week | PairCorr |
| 0.72 | UCG | UniCredit SpA Earnings Call This Week | PairCorr |
| 0.88 | CEZ | CEZ as | PairCorr |
| 0.91 | PKN | Polski Koncern Naftowy | PairCorr |
Moving against Asseco Stock
| 0.43 | SPL | Santander Bank Polska Earnings Call This Week | PairCorr |
The ability to find closely correlated positions to Asseco South could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Asseco South when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Asseco South - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Asseco South Eastern to buy it.
The correlation of Asseco South is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Asseco South moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Asseco South Eastern moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Asseco South can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Asseco Stock Analysis
When running Asseco South's price analysis, check to measure Asseco South'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 Asseco South is operating at the current time. Most of Asseco South's value examination focuses on studying past and present price action to predict the probability of Asseco South's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Asseco South's price. Additionally, you may evaluate how the addition of Asseco South to your portfolios can decrease your overall portfolio volatility.