Adeunis (France) Market Value
| ALARF Stock | EUR 0.88 0.02 2.22% |
| Symbol | Adeunis |
Adeunis '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 Adeunis' 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 Adeunis.
| 01/07/2023 |
| 12/27/2024 |
If you would invest 0.00 in Adeunis on January 7, 2023 and sell it all today you would earn a total of 0.00 from holding Adeunis or generate 0.0% return on investment in Adeunis over 720 days. Adeunis is related to or competes with Kerlink SAS, Balyo SA, Prodways Group, and Cerinnov Group. Adeunis Socit anonyme manufactures and sells connected devices for Internet Of Things BtoB business sectors worldwide More
Adeunis 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 Adeunis' 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 Adeunis upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.22 | |||
| Information Ratio | 0.0739 | |||
| Maximum Drawdown | 54.6 | |||
| Value At Risk | (17.95) | |||
| Potential Upside | 20.69 |
Adeunis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Adeunis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Adeunis' standard deviation. In reality, there are many statistical measures that can use Adeunis historical prices to predict the future Adeunis' volatility.| Risk Adjusted Performance | 0.072 | |||
| Jensen Alpha | 0.7291 | |||
| Total Risk Alpha | 0.2438 | |||
| Sortino Ratio | 0.0579 | |||
| Treynor Ratio | 0.441 |
Adeunis Backtested Returns
Adeunis appears to be out of control, given 3 months investment horizon. Adeunis secures Sharpe Ratio (or Efficiency) of 0.0937, which signifies that the company had a 0.0937% return per unit of standard deviation over the last 3 months. By analyzing Adeunis' technical indicators, you can evaluate if the expected return of 0.99% is justified by implied risk. Please makes use of Adeunis' risk adjusted performance of 0.072, and Mean Deviation of 6.38 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Adeunis holds a performance score of 7. The firm shows a Beta (market volatility) of 1.83, which signifies a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Adeunis will likely underperform. Please check Adeunis' potential upside, rate of daily change, and the relationship between the sortino ratio and skewness , to make a quick decision on whether Adeunis' price patterns will revert.
Auto-correlation | -0.76 |
Almost perfect reverse predictability
Adeunis has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Adeunis time series from 7th of January 2023 to 2nd of January 2024 and 2nd of January 2024 to 27th 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 Adeunis price movement. The serial correlation of -0.76 indicates that around 76.0% of current Adeunis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.76 | |
| Spearman Rank Test | -0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Adeunis lagged returns against current returns
Autocorrelation, which is Adeunis 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 Adeunis' stock expected returns. We can calculate the autocorrelation of Adeunis returns to help us make a trade decision. For example, suppose you find that Adeunis 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 |
Adeunis 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 Adeunis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Adeunis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Adeunis stock over time.
Current vs Lagged Prices |
| Timeline |
Adeunis Lagged Returns
When evaluating Adeunis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Adeunis stock have on its future price. Adeunis 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, Adeunis autocorrelation shows the relationship between Adeunis stock current value and its past values and can show if there is a momentum factor associated with investing in Adeunis.
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 Adeunis Stock Analysis
When running Adeunis' price analysis, check to measure Adeunis' 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 Adeunis is operating at the current time. Most of Adeunis' value examination focuses on studying past and present price action to predict the probability of Adeunis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Adeunis' price. Additionally, you may evaluate how the addition of Adeunis to your portfolios can decrease your overall portfolio volatility.