Gascogne (France) Market Value
| ALBI Stock | EUR 2.46 0.09 3.53% |
| Symbol | Gascogne |
Gascogne '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 Gascogne'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 Gascogne.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Gascogne on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Gascogne SA or generate 0.0% return on investment in Gascogne over 30 days. Gascogne is related to or competes with Robertet, Thermador Groupe, Groupe Guillin, and Grard Perrier. Gascogne SA produces and markets wood, paper, industrial and consumer sacks, and laminates in France and internationally More
Gascogne 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 Gascogne'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 Gascogne SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (5.30) | |||
| Potential Upside | 4.68 |
Gascogne Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Gascogne's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Gascogne's standard deviation. In reality, there are many statistical measures that can use Gascogne historical prices to predict the future Gascogne's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.51) | |||
| Treynor Ratio | (0.23) |
Gascogne SA Backtested Returns
Gascogne SA holds Efficiency (Sharpe) Ratio of -0.0406, which attests that the entity had a -0.0406% return per unit of risk over the last 3 months. Gascogne SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gascogne's Standard Deviation of 2.88, risk adjusted performance of (0.03), and Market Risk Adjusted Performance of (0.22) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.67, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Gascogne's returns are expected to increase less than the market. However, during the bear market, the loss of holding Gascogne is expected to be smaller as well. At this point, Gascogne SA has a negative expected return of -0.12%. Please make sure to check out Gascogne's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Gascogne SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.3 |
Weak reverse predictability
Gascogne SA has weak reverse predictability. Overlapping area represents the amount of predictability between Gascogne 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 Gascogne SA price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current Gascogne price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Gascogne SA lagged returns against current returns
Autocorrelation, which is Gascogne 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 Gascogne's stock expected returns. We can calculate the autocorrelation of Gascogne returns to help us make a trade decision. For example, suppose you find that Gascogne 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 |
Gascogne 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 Gascogne stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Gascogne stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Gascogne stock over time.
Current vs Lagged Prices |
| Timeline |
Gascogne Lagged Returns
When evaluating Gascogne's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Gascogne stock have on its future price. Gascogne 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, Gascogne autocorrelation shows the relationship between Gascogne stock current value and its past values and can show if there is a momentum factor associated with investing in Gascogne SA.
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 Gascogne Stock
Gascogne financial ratios help investors to determine whether Gascogne 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 Gascogne with respect to the benefits of owning Gascogne security.