Archos (France) Market Value
| ALJXR Stock | EUR 0.12 0.00 0.00% |
| Symbol | Archos |
Archos '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 Archos' 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 Archos.
| 11/02/2024 |
| 12/02/2024 |
If you would invest 0.00 in Archos on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding Archos or generate 0.0% return on investment in Archos over 30 days. Archos is related to or competes with Acheter Louer, and DBT SA. The company offers tablets, smartphones, connected objects, electrical vehicles, and cryptocurrency hardware wallets, as... More
Archos 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 Archos' 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 Archos upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (7.69) | |||
| Potential Upside | 8.33 |
Archos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Archos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Archos' standard deviation. In reality, there are many statistical measures that can use Archos historical prices to predict the future Archos' volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.67) | |||
| Treynor Ratio | (1.49) |
Archos Backtested Returns
Archos secures Sharpe Ratio (or Efficiency) of -0.0494, which signifies that the company had a -0.0494% return per unit of standard deviation over the last 3 months. Archos exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Archos' mean deviation of 1.64, and Risk Adjusted Performance of (0) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0442, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Archos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Archos is expected to be smaller as well. At this point, Archos has a negative expected return of -0.17%. Please make sure to confirm Archos' information ratio, as well as the relationship between the kurtosis and price action indicator , to decide if Archos performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Archos has no correlation between past and present. Overlapping area represents the amount of predictability between Archos time series from 2nd of November 2024 to 17th of November 2024 and 17th of November 2024 to 2nd 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 Archos price movement. The serial correlation of 0.0 indicates that just 0.0% of current Archos price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Archos lagged returns against current returns
Autocorrelation, which is Archos 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 Archos' stock expected returns. We can calculate the autocorrelation of Archos returns to help us make a trade decision. For example, suppose you find that Archos 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 |
Archos 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 Archos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Archos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Archos stock over time.
Current vs Lagged Prices |
| Timeline |
Archos Lagged Returns
When evaluating Archos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Archos stock have on its future price. Archos 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, Archos autocorrelation shows the relationship between Archos stock current value and its past values and can show if there is a momentum factor associated with investing in Archos.
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 Archos Stock Analysis
When running Archos' price analysis, check to measure Archos' 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 Archos is operating at the current time. Most of Archos' value examination focuses on studying past and present price action to predict the probability of Archos' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Archos' price. Additionally, you may evaluate how the addition of Archos to your portfolios can decrease your overall portfolio volatility.