Arcure SA (France) Market Value
| ALCUR Stock | EUR 5.80 0.48 9.02% |
| Symbol | Arcure |
Arcure SA '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 Arcure SA'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 Arcure SA.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Arcure SA on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Arcure SA or generate 0.0% return on investment in Arcure SA over 540 days. Arcure SA is related to or competes with Alstom SA, Groupe Sfpi, and Nhoa SA. Arcure S.A. develops detection solutions for enhancing the autonomy of industrial machinery worldwide More
Arcure SA 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 Arcure SA'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 Arcure SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 20.55 | |||
| Value At Risk | (4.91) | |||
| Potential Upside | 5.48 |
Arcure SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arcure SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arcure SA's standard deviation. In reality, there are many statistical measures that can use Arcure SA historical prices to predict the future Arcure SA's volatility.| Risk Adjusted Performance | 0.0081 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (0.06) |
Arcure SA Backtested Returns
Arcure SA secures Sharpe Ratio (or Efficiency) of -0.0037, which signifies that the company had a -0.0037% return per unit of standard deviation over the last 3 months. Arcure SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arcure SA's risk adjusted performance of 0.0081, and Mean Deviation of 2.76 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Arcure SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Arcure SA is expected to be smaller as well. At this point, Arcure SA has a negative expected return of -0.0155%. Please make sure to confirm Arcure SA's potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if Arcure SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.48 |
Modest reverse predictability
Arcure SA has modest reverse predictability. Overlapping area represents the amount of predictability between Arcure SA time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th of November 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 Arcure SA price movement. The serial correlation of -0.48 indicates that about 48.0% of current Arcure SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.48 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Arcure SA lagged returns against current returns
Autocorrelation, which is Arcure SA 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 Arcure SA's stock expected returns. We can calculate the autocorrelation of Arcure SA returns to help us make a trade decision. For example, suppose you find that Arcure SA 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 |
Arcure SA 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 Arcure SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arcure SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arcure SA stock over time.
Current vs Lagged Prices |
| Timeline |
Arcure SA Lagged Returns
When evaluating Arcure SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arcure SA stock have on its future price. Arcure SA 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, Arcure SA autocorrelation shows the relationship between Arcure SA stock current value and its past values and can show if there is a momentum factor associated with investing in Arcure 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 Arcure Stock Analysis
When running Arcure SA's price analysis, check to measure Arcure SA'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 Arcure SA is operating at the current time. Most of Arcure SA's value examination focuses on studying past and present price action to predict the probability of Arcure SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arcure SA's price. Additionally, you may evaluate how the addition of Arcure SA to your portfolios can decrease your overall portfolio volatility.