ACHETER-LOUER (Germany) Market Value
| 2ZT Stock | EUR 0.25 0.03 13.64% |
| Symbol | ACHETER-LOUER |
ACHETER-LOUER '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 ACHETER-LOUER'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 ACHETER-LOUER.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in ACHETER-LOUER on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding ACHETER LOUER EO 145612 or generate 0.0% return on investment in ACHETER-LOUER over 30 days. ACHETER-LOUER is related to or competes with Publicis Groupe, Omnicom, WPP PLC, WPP PLC, JCDecaux, CyberAgent, and Strer SE. Acheter-Louer.Fr SA provides communications solutions for commercial development and the valorization of the trades of c... More
ACHETER-LOUER 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 ACHETER-LOUER'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 ACHETER LOUER EO 145612 upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 78.74 | |||
| Value At Risk | (28.57) | |||
| Potential Upside | 20.0 |
ACHETER-LOUER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ACHETER-LOUER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ACHETER-LOUER's standard deviation. In reality, there are many statistical measures that can use ACHETER-LOUER historical prices to predict the future ACHETER-LOUER's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (2.27) | |||
| Total Risk Alpha | (2.66) | |||
| Treynor Ratio | (3.06) |
ACHETER LOUER EO Backtested Returns
ACHETER LOUER EO secures Sharpe Ratio (or Efficiency) of -0.15, which signifies that the company had a -0.15% return per unit of risk over the last 3 months. ACHETER LOUER EO 145612 exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm ACHETER-LOUER's variance of 188.73, and Mean Deviation of 8.4 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.74, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, ACHETER-LOUER's returns are expected to increase less than the market. However, during the bear market, the loss of holding ACHETER-LOUER is expected to be smaller as well. At this point, ACHETER LOUER EO has a negative expected return of -2.1%. Please make sure to confirm ACHETER-LOUER's mean deviation, information ratio, potential upside, as well as the relationship between the standard deviation and total risk alpha , to decide if ACHETER LOUER EO performance from the past will be repeated at some future date.
Auto-correlation | 0.57 |
Modest predictability
ACHETER LOUER EO 145612 has modest predictability. Overlapping area represents the amount of predictability between ACHETER-LOUER time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 ACHETER LOUER EO price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current ACHETER-LOUER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
ACHETER LOUER EO lagged returns against current returns
Autocorrelation, which is ACHETER-LOUER 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 ACHETER-LOUER's stock expected returns. We can calculate the autocorrelation of ACHETER-LOUER returns to help us make a trade decision. For example, suppose you find that ACHETER-LOUER 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 |
ACHETER-LOUER 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 ACHETER-LOUER stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ACHETER-LOUER stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ACHETER-LOUER stock over time.
Current vs Lagged Prices |
| Timeline |
ACHETER-LOUER Lagged Returns
When evaluating ACHETER-LOUER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ACHETER-LOUER stock have on its future price. ACHETER-LOUER 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, ACHETER-LOUER autocorrelation shows the relationship between ACHETER-LOUER stock current value and its past values and can show if there is a momentum factor associated with investing in ACHETER LOUER EO 145612.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in ACHETER-LOUER Stock
ACHETER-LOUER financial ratios help investors to determine whether ACHETER-LOUER 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 ACHETER-LOUER with respect to the benefits of owning ACHETER-LOUER security.