Europlasma (France) Market Value
| ALEUP Stock | EUR 0.12 0.06 95.12% |
| Symbol | Europlasma |
Europlasma '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 Europlasma'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 Europlasma.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Europlasma on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Europlasma SA or generate 0.0% return on investment in Europlasma over 30 days. Europlasma is related to or competes with Gaussin. Europlasma S.A., together with its subsidiaries, engages in plasma solutions, renewable energies, and asbestos waste tre... More
Europlasma 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 Europlasma'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 Europlasma SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.62 | |||
| Information Ratio | 0.0182 | |||
| Maximum Drawdown | 96.67 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 6.67 |
Europlasma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Europlasma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europlasma's standard deviation. In reality, there are many statistical measures that can use Europlasma historical prices to predict the future Europlasma's volatility.| Risk Adjusted Performance | 0.0284 | |||
| Jensen Alpha | 0.2609 | |||
| Total Risk Alpha | (2.51) | |||
| Sortino Ratio | 0.042 | |||
| Treynor Ratio | 0.2546 |
Europlasma SA Backtested Returns
Europlasma appears to be out of control, given 3 months investment horizon. Europlasma SA secures Sharpe Ratio (or Efficiency) of 0.0286, which denotes the company had a 0.0286% return per unit of risk over the last 3 months. By reviewing Europlasma's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please utilize Europlasma's Downside Deviation of 8.62, coefficient of variation of 4077.14, and Mean Deviation of 8.27 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Europlasma holds a performance score of 2. The firm shows a Beta (market volatility) of 1.87, which means 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, Europlasma will likely underperform. Please check Europlasma's maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to make a quick decision on whether Europlasma's price patterns will revert.
Auto-correlation | -0.5 |
Modest reverse predictability
Europlasma SA has modest reverse predictability. Overlapping area represents the amount of predictability between Europlasma time series from 30th of October 2024 to 14th of November 2024 and 14th of November 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 Europlasma SA price movement. The serial correlation of -0.5 indicates that about 50.0% of current Europlasma price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Europlasma SA lagged returns against current returns
Autocorrelation, which is Europlasma 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 Europlasma's stock expected returns. We can calculate the autocorrelation of Europlasma returns to help us make a trade decision. For example, suppose you find that Europlasma 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 |
Europlasma 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 Europlasma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Europlasma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Europlasma stock over time.
Current vs Lagged Prices |
| Timeline |
Europlasma Lagged Returns
When evaluating Europlasma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Europlasma stock have on its future price. Europlasma 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, Europlasma autocorrelation shows the relationship between Europlasma stock current value and its past values and can show if there is a momentum factor associated with investing in Europlasma SA.
Regressed Prices |
| Timeline |
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When running Europlasma's price analysis, check to measure Europlasma'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 Europlasma is operating at the current time. Most of Europlasma's value examination focuses on studying past and present price action to predict the probability of Europlasma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Europlasma's price. Additionally, you may evaluate how the addition of Europlasma to your portfolios can decrease your overall portfolio volatility.