Streamwide (France) Market Value
| ALSTW Stock | EUR 30.80 0.20 0.65% |
| Symbol | Streamwide |
Streamwide '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 Streamwide'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 Streamwide.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Streamwide on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Streamwide or generate 0.0% return on investment in Streamwide over 360 days. Streamwide is related to or competes with Sidetrade, Esker SA, Xilam Animation, and Ekinops SA. Streamwide S.A. provides telecom value added services, convergent charging, and secured communication systems worldwide More
Streamwide 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 Streamwide'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 Streamwide upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.0036 | |||
| Maximum Drawdown | 12.86 | |||
| Value At Risk | (2.57) | |||
| Potential Upside | 3.11 |
Streamwide Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Streamwide's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Streamwide's standard deviation. In reality, there are many statistical measures that can use Streamwide historical prices to predict the future Streamwide's volatility.| Risk Adjusted Performance | 0.0484 | |||
| Jensen Alpha | 0.0844 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0041 | |||
| Treynor Ratio | 0.3661 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Streamwide'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.
Streamwide Backtested Returns
Currently, Streamwide is very steady. Streamwide owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0379, which indicates the firm had a 0.0379% return per unit of risk over the last 3 months. We have found thirty technical indicators for Streamwide, which you can use to evaluate the volatility of the company. Please validate Streamwide's Coefficient Of Variation of 1738.66, risk adjusted performance of 0.0484, and Semi Deviation of 1.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.0882%. Streamwide has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Streamwide's returns are expected to increase less than the market. However, during the bear market, the loss of holding Streamwide is expected to be smaller as well. Streamwide right now has a risk of 2.33%. Please validate Streamwide value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Streamwide will be following its existing price patterns.
Auto-correlation | 0.71 |
Good predictability
Streamwide has good predictability. Overlapping area represents the amount of predictability between Streamwide time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Streamwide price movement. The serial correlation of 0.71 indicates that around 71.0% of current Streamwide price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 6.24 |
Streamwide lagged returns against current returns
Autocorrelation, which is Streamwide 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 Streamwide's stock expected returns. We can calculate the autocorrelation of Streamwide returns to help us make a trade decision. For example, suppose you find that Streamwide 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 |
Streamwide 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 Streamwide stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Streamwide stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Streamwide stock over time.
Current vs Lagged Prices |
| Timeline |
Streamwide Lagged Returns
When evaluating Streamwide's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Streamwide stock have on its future price. Streamwide 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, Streamwide autocorrelation shows the relationship between Streamwide stock current value and its past values and can show if there is a momentum factor associated with investing in Streamwide.
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 Streamwide Stock Analysis
When running Streamwide's price analysis, check to measure Streamwide'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 Streamwide is operating at the current time. Most of Streamwide's value examination focuses on studying past and present price action to predict the probability of Streamwide's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Streamwide's price. Additionally, you may evaluate how the addition of Streamwide to your portfolios can decrease your overall portfolio volatility.