1000mercis (France) Market Value
| ALMIL Stock | EUR 30.00 0.20 0.67% |
| Symbol | 1000mercis |
1000mercis '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 1000mercis' 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 1000mercis.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in 1000mercis on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding 1000mercis SA or generate 0.0% return on investment in 1000mercis over 510 days. 1000mercis is related to or competes with Groupe CRIT, Bastide Le, MGI Digital, and Linedata Services. 1000mercis provides advertising and marketing solutions for companies in France and internationally More
1000mercis 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 1000mercis' 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 1000mercis SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.25 | |||
| Information Ratio | 0.0667 | |||
| Maximum Drawdown | 29.78 | |||
| Value At Risk | (1.69) | |||
| Potential Upside | 1.65 |
1000mercis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 1000mercis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 1000mercis' standard deviation. In reality, there are many statistical measures that can use 1000mercis historical prices to predict the future 1000mercis' volatility.| Risk Adjusted Performance | 0.0805 | |||
| Jensen Alpha | 0.3087 | |||
| Total Risk Alpha | (0.23) | |||
| Sortino Ratio | 0.1101 | |||
| Treynor Ratio | 0.7781 |
1000mercis SA Backtested Returns
1000mercis appears to be slightly risky, given 3 months investment horizon. 1000mercis SA retains Efficiency (Sharpe Ratio) of 0.11, which signifies that the company had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-seven technical indicators for 1000mercis, which you can use to evaluate the volatility of the entity. Please makes use of 1000mercis' Market Risk Adjusted Performance of 0.7881, coefficient of variation of 997.18, and Standard Deviation of 3.71 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 1000mercis holds a performance score of 8. The firm owns a Beta (Systematic Risk) of 0.47, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 1000mercis' returns are expected to increase less than the market. However, during the bear market, the loss of holding 1000mercis is expected to be smaller as well. Please check 1000mercis' value at risk, rate of daily change, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether 1000mercis' current price history will revert.
Auto-correlation | 0.18 |
Very weak predictability
1000mercis SA has very weak predictability. Overlapping area represents the amount of predictability between 1000mercis time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 1000mercis SA price movement. The serial correlation of 0.18 indicates that over 18.0% of current 1000mercis price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 4.0 |
1000mercis SA lagged returns against current returns
Autocorrelation, which is 1000mercis 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 1000mercis' stock expected returns. We can calculate the autocorrelation of 1000mercis returns to help us make a trade decision. For example, suppose you find that 1000mercis 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 |
1000mercis 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 1000mercis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 1000mercis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 1000mercis stock over time.
Current vs Lagged Prices |
| Timeline |
1000mercis Lagged Returns
When evaluating 1000mercis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 1000mercis stock have on its future price. 1000mercis 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, 1000mercis autocorrelation shows the relationship between 1000mercis stock current value and its past values and can show if there is a momentum factor associated with investing in 1000mercis 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 1000mercis Stock Analysis
When running 1000mercis' price analysis, check to measure 1000mercis' 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 1000mercis is operating at the current time. Most of 1000mercis' value examination focuses on studying past and present price action to predict the probability of 1000mercis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 1000mercis' price. Additionally, you may evaluate how the addition of 1000mercis to your portfolios can decrease your overall portfolio volatility.