Wallix Group (France) Market Value
| ALLIX Stock | EUR 9.75 0.02 0.21% |
| Symbol | Wallix |
Wallix Group '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 Wallix Group'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 Wallix Group.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in Wallix Group on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Wallix Group SA or generate 0.0% return on investment in Wallix Group over 90 days. Wallix Group is related to or competes with DBT SA, Drone Volt, and Gaussin. WALLIX GROUP SA, a cybersecurity software company, primarily provides privileged access management solution under the WA... More
Wallix Group 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 Wallix Group'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 Wallix Group SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.52 | |||
| Information Ratio | 0.0835 | |||
| Maximum Drawdown | 14.71 | |||
| Value At Risk | (2.11) | |||
| Potential Upside | 2.97 |
Wallix Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Wallix Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Wallix Group's standard deviation. In reality, there are many statistical measures that can use Wallix Group historical prices to predict the future Wallix Group's volatility.| Risk Adjusted Performance | 0.0852 | |||
| Jensen Alpha | 0.2004 | |||
| Total Risk Alpha | 0.1363 | |||
| Sortino Ratio | 0.1128 | |||
| Treynor Ratio | (0.60) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Wallix Group's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Wallix Group SA Backtested Returns
Currently, Wallix Group SA is not too volatile. Wallix Group SA shows Sharpe Ratio of 0.0649, which attests that the company had a 0.0649% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Wallix Group SA, which you can use to evaluate the volatility of the company. Please check out Wallix Group's Mean Deviation of 1.36, downside deviation of 1.52, and Market Risk Adjusted Performance of (0.59) to validate if the risk estimate we provide is consistent with the expected return of 0.13%. Wallix Group has a performance score of 5 on a scale of 0 to 100. The firm maintains a market beta of -0.32, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Wallix Group are expected to decrease at a much lower rate. During the bear market, Wallix Group is likely to outperform the market. Wallix Group SA right now maintains a risk of 2.05%. Please check out Wallix Group SA treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Wallix Group SA will be following its historical returns.
Auto-correlation | -0.64 |
Very good reverse predictability
Wallix Group SA has very good reverse predictability. Overlapping area represents the amount of predictability between Wallix Group time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Wallix Group SA price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Wallix Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Wallix Group SA lagged returns against current returns
Autocorrelation, which is Wallix Group 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 Wallix Group's stock expected returns. We can calculate the autocorrelation of Wallix Group returns to help us make a trade decision. For example, suppose you find that Wallix Group 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 |
Wallix Group 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 Wallix Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Wallix Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Wallix Group stock over time.
Current vs Lagged Prices |
| Timeline |
Wallix Group Lagged Returns
When evaluating Wallix Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Wallix Group stock have on its future price. Wallix Group 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, Wallix Group autocorrelation shows the relationship between Wallix Group stock current value and its past values and can show if there is a momentum factor associated with investing in Wallix Group 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 Wallix Stock Analysis
When running Wallix Group's price analysis, check to measure Wallix Group'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 Wallix Group is operating at the current time. Most of Wallix Group's value examination focuses on studying past and present price action to predict the probability of Wallix Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Wallix Group's price. Additionally, you may evaluate how the addition of Wallix Group to your portfolios can decrease your overall portfolio volatility.