Attica Bank (Greece) Market Value
| TATT Stock | EUR 11.10 0.05 0.45% |
| 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.
| 05/10/2022 |
| 04/29/2024 |
If you would invest 0.00 in Attica Bank on May 10, 2022 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 720 days. Attica Bank is related to or competes with Technical Olympic, Performance Technologies, Profile Systems, Hellenic Telecommunicatio, Karelia Tobacco, and Intertech. 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.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 2.29 |
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 | 0.0035 | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Attica Bank'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.
Attica Bank SA Backtested Returns
We consider Attica Bank not too volatile. Attica Bank SA secures Sharpe Ratio (or Efficiency) of 0.0176, which signifies that the company had a 0.0176% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Attica Bank SA, which you can use to evaluate the volatility of the firm. Please confirm Attica Bank's Standard Deviation of 1.37, mean deviation of 0.9935, and Risk Adjusted Performance of 0.0035 to double-check if the risk estimate we provide is consistent with the expected return of 0.0238%. Attica Bank has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.77, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Attica Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Attica Bank is expected to be smaller as well. Attica Bank SA right now shows a risk of 1.35%. Please confirm Attica Bank SA kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Attica Bank SA will be following its price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Attica Bank SA has poor reverse predictability. Overlapping area represents the amount of predictability between Attica Bank time series from 10th of May 2022 to 5th of May 2023 and 5th of May 2023 to 29th of April 2024. 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 -0.33 indicates that nearly 33.0% of current Attica Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.52 |
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 |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Attica Bank in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Attica Bank's short interest history, or implied volatility extrapolated from Attica Bank options trading.
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Check out Attica Bank Correlation, Attica Bank Volatility and Attica Bank Alpha and Beta module to complement your research on Attica Bank. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary 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.
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Attica Bank technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.