Aelis Farma (France) Market Value
| AELIS Stock | 2.08 0.12 5.45% |
| Symbol | Aelis |
Aelis Farma '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 Aelis Farma'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 Aelis Farma.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Aelis Farma on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Aelis Farma SA or generate 0.0% return on investment in Aelis Farma over 30 days. Aelis Farma is related to or competes with Fiducial Office, Sidetrade, Union Technologies, Sartorius Stedim, Exail Technologies, and Marie Brizard. More
Aelis Farma 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 Aelis Farma'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 Aelis Farma SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.34) | |||
| Maximum Drawdown | 18.22 | |||
| Value At Risk | (7.23) | |||
| Potential Upside | 3.33 |
Aelis Farma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aelis Farma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aelis Farma's standard deviation. In reality, there are many statistical measures that can use Aelis Farma historical prices to predict the future Aelis Farma's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (1.05) | |||
| Total Risk Alpha | (1.50) | |||
| Treynor Ratio | 5.43 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aelis Farma'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.
Aelis Farma SA Backtested Returns
Aelis Farma SA secures Sharpe Ratio (or Efficiency) of -0.38, which signifies that the company had a -0.38% return per unit of risk over the last 3 months. Aelis Farma SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Aelis Farma's Standard Deviation of 3.46, mean deviation of 2.58, and Risk Adjusted Performance of (0.21) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aelis Farma are expected to decrease at a much lower rate. During the bear market, Aelis Farma is likely to outperform the market. At this point, Aelis Farma SA has a negative expected return of -1.21%. Please make sure to confirm Aelis Farma's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if Aelis Farma SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.68 |
Good predictability
Aelis Farma SA has good predictability. Overlapping area represents the amount of predictability between Aelis Farma time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Aelis Farma SA price movement. The serial correlation of 0.68 indicates that around 68.0% of current Aelis Farma price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Aelis Farma SA lagged returns against current returns
Autocorrelation, which is Aelis Farma 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 Aelis Farma's stock expected returns. We can calculate the autocorrelation of Aelis Farma returns to help us make a trade decision. For example, suppose you find that Aelis Farma 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 |
Aelis Farma 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 Aelis Farma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aelis Farma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aelis Farma stock over time.
Current vs Lagged Prices |
| Timeline |
Aelis Farma Lagged Returns
When evaluating Aelis Farma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aelis Farma stock have on its future price. Aelis Farma 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, Aelis Farma autocorrelation shows the relationship between Aelis Farma stock current value and its past values and can show if there is a momentum factor associated with investing in Aelis Farma 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.Additional Tools for Aelis Stock Analysis
When running Aelis Farma's price analysis, check to measure Aelis Farma'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 Aelis Farma is operating at the current time. Most of Aelis Farma's value examination focuses on studying past and present price action to predict the probability of Aelis Farma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aelis Farma's price. Additionally, you may evaluate how the addition of Aelis Farma to your portfolios can decrease your overall portfolio volatility.