AmRest Holdings (Spain) Market Value
| EAT Stock | EUR 6.08 0.24 3.80% |
| Symbol | AmRest |
AmRest Holdings '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 AmRest Holdings' 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 AmRest Holdings.
| 04/07/2024 |
| 05/07/2024 |
If you would invest 0.00 in AmRest Holdings on April 7, 2024 and sell it all today you would earn a total of 0.00 from holding AmRest Holdings SE or generate 0.0% return on investment in AmRest Holdings over 30 days. AmRest Holdings is related to or competes with Elaia Investment, Melia Hotels, Biotechnology Assets, International Consolidated, Atresmedia Corporacin, Media Investment, and Aedas Homes. AmRest Holdings SE, through its subsidiaries, operates and manages quick service and casual dining restaurants in Centra... More
AmRest Holdings 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 AmRest Holdings' 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 AmRest Holdings SE upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.81 | |||
| Information Ratio | 0.0077 | |||
| Maximum Drawdown | 17.46 | |||
| Value At Risk | (3.14) | |||
| Potential Upside | 3.93 |
AmRest Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AmRest Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AmRest Holdings' standard deviation. In reality, there are many statistical measures that can use AmRest Holdings historical prices to predict the future AmRest Holdings' volatility.| Risk Adjusted Performance | 0.0297 | |||
| Jensen Alpha | 0.0858 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | 0.0055 | |||
| Treynor Ratio | 10.8 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of AmRest Holdings' 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.
AmRest Holdings SE Backtested Returns
We consider AmRest Holdings slightly risky. AmRest Holdings SE secures Sharpe Ratio (or Efficiency) of 0.0032, which signifies that the company had a 0.0032% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for AmRest Holdings SE, which you can use to evaluate the volatility of the firm. Please confirm AmRest Holdings' risk adjusted performance of 0.0297, and Mean Deviation of 1.7 to double-check if the risk estimate we provide is consistent with the expected return of 0.009%. The firm shows a Beta (market volatility) of 0.008, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AmRest Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding AmRest Holdings is expected to be smaller as well. AmRest Holdings SE right now shows a risk of 2.83%. Please confirm AmRest Holdings SE value at risk, expected short fall, and the relationship between the treynor ratio and downside variance , to decide if AmRest Holdings SE will be following its price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
AmRest Holdings SE has weak reverse predictability. Overlapping area represents the amount of predictability between AmRest Holdings time series from 7th of April 2024 to 22nd of April 2024 and 22nd of April 2024 to 7th of May 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 AmRest Holdings SE price movement. The serial correlation of -0.23 indicates that over 23.0% of current AmRest Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
AmRest Holdings SE lagged returns against current returns
Autocorrelation, which is AmRest Holdings 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 AmRest Holdings' stock expected returns. We can calculate the autocorrelation of AmRest Holdings returns to help us make a trade decision. For example, suppose you find that AmRest Holdings 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 |
AmRest Holdings 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 AmRest Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AmRest Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AmRest Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
AmRest Holdings Lagged Returns
When evaluating AmRest Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AmRest Holdings stock have on its future price. AmRest Holdings 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, AmRest Holdings autocorrelation shows the relationship between AmRest Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in AmRest Holdings SE.
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 AmRest Holdings 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, AmRest Holdings' short interest history, or implied volatility extrapolated from AmRest Holdings options trading.
Pair Trading with AmRest Holdings
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 AmRest Holdings 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 AmRest Holdings will appreciate offsetting losses from the drop in the long position's value.Moving together with AmRest Stock
| 0.61 | YTST | Testa Residencial SOCIMI | PairCorr |
Moving against AmRest Stock
| 0.64 | VIS | Viscofan | PairCorr |
The ability to find closely correlated positions to AmRest Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AmRest Holdings 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 AmRest Holdings - 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 AmRest Holdings SE to buy it.
The correlation of AmRest Holdings 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 AmRest Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AmRest Holdings SE 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 AmRest Holdings 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.Check out AmRest Holdings Correlation, AmRest Holdings Volatility and AmRest Holdings Alpha and Beta module to complement your research on AmRest Holdings. You can also try the Stocks Directory module to find actively traded stocks across global markets.
Complementary Tools for AmRest Stock analysis
When running AmRest Holdings' price analysis, check to measure AmRest Holdings' 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 AmRest Holdings is operating at the current time. Most of AmRest Holdings' value examination focuses on studying past and present price action to predict the probability of AmRest Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AmRest Holdings' price. Additionally, you may evaluate how the addition of AmRest Holdings to your portfolios can decrease your overall portfolio volatility.
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AmRest Holdings 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.