AB Science (France) Market Value
| AB Stock | EUR 0.80 0.02 2.44% |
| Symbol | AB Science |
AB Science '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 AB Science'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 AB Science.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in AB Science on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding AB Science SA or generate 0.0% return on investment in AB Science over 180 days. AB Science is related to or competes with Innate Pharma, Genfit, Nanobiotix, and Adocia. AB Science S.A., a pharmaceutical company, engages in the discovery, development, and commercialization of protein kinas... More
AB Science 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 AB Science'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 AB Science SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 10.77 | |||
| Value At Risk | (4.08) | |||
| Potential Upside | 3.06 |
AB Science Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for AB Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as AB Science's standard deviation. In reality, there are many statistical measures that can use AB Science historical prices to predict the future AB Science's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (14.10) |
AB Science SA Backtested Returns
AB Science SA retains Efficiency (Sharpe Ratio) of -0.17, which signifies that the company had a -0.17% return per unit of price deviation over the last 3 months. AB Science exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm AB Science's Variance of 4.82, market risk adjusted performance of (14.09), and Information Ratio of (0.25) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 0.0292, which signifies not very significant fluctuations relative to the market. As returns on the market increase, AB Science's returns are expected to increase less than the market. However, during the bear market, the loss of holding AB Science is expected to be smaller as well. At this point, AB Science SA has a negative expected return of -0.38%. Please make sure to confirm AB Science's total risk alpha, potential upside, and the relationship between the standard deviation and maximum drawdown , to decide if AB Science SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.53 |
Modest predictability
AB Science SA has modest predictability. Overlapping area represents the amount of predictability between AB Science time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 AB Science SA price movement. The serial correlation of 0.53 indicates that about 53.0% of current AB Science price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
AB Science SA lagged returns against current returns
Autocorrelation, which is AB Science 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 AB Science's stock expected returns. We can calculate the autocorrelation of AB Science returns to help us make a trade decision. For example, suppose you find that AB Science 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 |
AB Science 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 AB Science stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if AB Science stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in AB Science stock over time.
Current vs Lagged Prices |
| Timeline |
AB Science Lagged Returns
When evaluating AB Science's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of AB Science stock have on its future price. AB Science 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, AB Science autocorrelation shows the relationship between AB Science stock current value and its past values and can show if there is a momentum factor associated with investing in AB Science SA.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in AB Science Stock
AB Science financial ratios help investors to determine whether AB Science 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 AB Science with respect to the benefits of owning AB Science security.