Affluent Medical (France) Market Value
| AFME Stock | 1.37 0.03 2.14% |
| Symbol | Affluent |
Affluent Medical '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 Affluent Medical'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 Affluent Medical.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Affluent Medical on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Affluent Medical SAS or generate 0.0% return on investment in Affluent Medical over 90 days. More
Affluent Medical 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 Affluent Medical'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 Affluent Medical SAS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 10.98 | |||
| Value At Risk | (4.32) | |||
| Potential Upside | 4.41 |
Affluent Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Affluent Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Affluent Medical's standard deviation. In reality, there are many statistical measures that can use Affluent Medical historical prices to predict the future Affluent Medical's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | 0.0963 | |||
| Treynor Ratio | (0.42) |
Affluent Medical SAS Backtested Returns
Affluent Medical SAS secures Sharpe Ratio (or Efficiency) of -0.0836, which signifies that the company had a -0.0836 % return per unit of standard deviation over the last 3 months. Affluent Medical SAS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Affluent Medical's mean deviation of 1.98, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Affluent Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Affluent Medical is expected to be smaller as well. At this point, Affluent Medical SAS has a negative expected return of -0.21%. Please make sure to confirm Affluent Medical's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Affluent Medical SAS performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.14 |
Insignificant reverse predictability
Affluent Medical SAS has insignificant reverse predictability. Overlapping area represents the amount of predictability between Affluent Medical time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Affluent Medical SAS price movement. The serial correlation of -0.14 indicates that less than 14.0% of current Affluent Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.14 | |
| Spearman Rank Test | -0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Affluent Medical SAS lagged returns against current returns
Autocorrelation, which is Affluent Medical 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 Affluent Medical's stock expected returns. We can calculate the autocorrelation of Affluent Medical returns to help us make a trade decision. For example, suppose you find that Affluent Medical 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 |
Affluent Medical 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 Affluent Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Affluent Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Affluent Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Affluent Medical Lagged Returns
When evaluating Affluent Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Affluent Medical stock have on its future price. Affluent Medical 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, Affluent Medical autocorrelation shows the relationship between Affluent Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Affluent Medical SAS.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Affluent Stock
Affluent Medical financial ratios help investors to determine whether Affluent 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 Affluent with respect to the benefits of owning Affluent Medical security.