Allegroeu Sa Stock Market Value
| ALEGF Stock | USD 7.65 0.00 0.00% |
| Symbol | Allegroeu |
Allegroeu '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 Allegroeu's pink sheet 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 Allegroeu.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Allegroeu on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Allegroeu SA or generate 0.0% return on investment in Allegroeu over 90 days. Allegroeu is related to or competes with ASOS Plc, Boohoo PLC, ZALANDO SE, AKA Brands, Jd Com Inc, Redbubble, and Newegg Commerce. Allegro.eu SA operates a go-to commerce platform for consumers in Poland More
Allegroeu 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 Allegroeu's pink sheet 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 Allegroeu SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0851 | |||
| Maximum Drawdown | 14.01 |
Allegroeu Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Allegroeu's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Allegroeu's standard deviation. In reality, there are many statistical measures that can use Allegroeu historical prices to predict the future Allegroeu's volatility.| Risk Adjusted Performance | 0.0266 | |||
| Jensen Alpha | 0.0439 | |||
| Total Risk Alpha | 0.4089 | |||
| Treynor Ratio | 4.96 |
Allegroeu SA Backtested Returns
At this point, Allegroeu is somewhat reliable. Allegroeu SA secures Sharpe Ratio (or Efficiency) of 0.0254, which signifies that the company had a 0.0254 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Allegroeu SA, which you can use to evaluate the volatility of the firm. Please confirm Allegroeu's Risk Adjusted Performance of 0.0266, standard deviation of 2.17, and Mean Deviation of 0.4229 to double-check if the risk estimate we provide is consistent with the expected return of 0.0579%. Allegroeu has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0086, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Allegroeu's returns are expected to increase less than the market. However, during the bear market, the loss of holding Allegroeu is expected to be smaller as well. Allegroeu SA right now shows a risk of 2.28%. Please confirm Allegroeu SA treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Allegroeu SA will be following its price patterns.
Auto-correlation | -0.22 |
Weak reverse predictability
Allegroeu SA has weak reverse predictability. Overlapping area represents the amount of predictability between Allegroeu time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Allegroeu SA price movement. The serial correlation of -0.22 indicates that over 22.0% of current Allegroeu price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Allegroeu SA lagged returns against current returns
Autocorrelation, which is Allegroeu pink sheet'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 Allegroeu's pink sheet expected returns. We can calculate the autocorrelation of Allegroeu returns to help us make a trade decision. For example, suppose you find that Allegroeu has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Allegroeu 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 Allegroeu pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Allegroeu pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Allegroeu pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Allegroeu Lagged Returns
When evaluating Allegroeu's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Allegroeu pink sheet have on its future price. Allegroeu 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, Allegroeu autocorrelation shows the relationship between Allegroeu pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Allegroeu SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Allegroeu Pink Sheet
Allegroeu financial ratios help investors to determine whether Allegroeu Pink Sheet 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 Allegroeu with respect to the benefits of owning Allegroeu security.