La Franaise (Germany) Market Value
| 1WE Stock | EUR 36.70 0.06 0.16% |
| Symbol | 1WE |
La Franaise '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 La Franaise'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 La Franaise.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in La Franaise on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding La Franaise des or generate 0.0% return on investment in La Franaise over 720 days. La Franaise is related to or competes with Flutter Entertainment, Evolution, Churchill Downs, Churchill Downs, Scientific Games, and Greek Organization. La Franaise des Jeux Socit anonyme operates lottery and online sports betting games worldwide More
La Franaise 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 La Franaise'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 La Franaise des upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 11.42 | |||
| Value At Risk | (2.86) | |||
| Potential Upside | 2.77 |
La Franaise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for La Franaise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as La Franaise's standard deviation. In reality, there are many statistical measures that can use La Franaise historical prices to predict the future La Franaise's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.2023 |
La Franaise des Backtested Returns
La Franaise des retains Efficiency (Sharpe Ratio) of -0.0194, which conveys that the firm had a -0.0194% return per unit of price deviation over the last 3 months. La Franaise exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify La Franaise's Mean Deviation of 1.26, market risk adjusted performance of 0.2123, and Information Ratio of (0.03) to check out the risk estimate we provide. The company owns a Beta (Systematic Risk) of -0.18, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning La Franaise are expected to decrease at a much lower rate. During the bear market, La Franaise is likely to outperform the market. At this point, La Franaise des has a negative expected return of -0.0351%. Please make sure to verify La Franaise's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if La Franaise des performance from the past will be repeated at some future date.
Auto-correlation | -0.63 |
Very good reverse predictability
La Franaise des has very good reverse predictability. Overlapping area represents the amount of predictability between La Franaise time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 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 La Franaise des price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current La Franaise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 5.05 |
La Franaise des lagged returns against current returns
Autocorrelation, which is La Franaise 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 La Franaise's stock expected returns. We can calculate the autocorrelation of La Franaise returns to help us make a trade decision. For example, suppose you find that La Franaise 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 |
La Franaise 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 La Franaise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if La Franaise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in La Franaise stock over time.
Current vs Lagged Prices |
| Timeline |
La Franaise Lagged Returns
When evaluating La Franaise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of La Franaise stock have on its future price. La Franaise 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, La Franaise autocorrelation shows the relationship between La Franaise stock current value and its past values and can show if there is a momentum factor associated with investing in La Franaise des.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 1WE Stock
La Franaise financial ratios help investors to determine whether 1WE Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in 1WE with respect to the benefits of owning La Franaise security.