Alstom Sa Stock Market Value
| AOMFF Stock | USD 20.60 0.02 0.1% |
| Symbol | Alstom |
Alstom SA '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 Alstom SA's pink sheet 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 Alstom SA.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in Alstom SA on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding Alstom SA or generate 0.0% return on investment in Alstom SA over 30 days. Alstom SA is related to or competes with Westinghouse Air, Canadian Pacific, Trinity Industries, CSX, and Union Pacific. Alstom SA offers solutions for rail transport industry in Europe, the Americas, Asia and Pacific, the Middle East, and A... More
Alstom SA 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 Alstom SA's pink sheet 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 Alstom SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 16.5 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.64 |
Alstom SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Alstom SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Alstom SA's standard deviation. In reality, there are many statistical measures that can use Alstom SA historical prices to predict the future Alstom SA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.07) | |||
| Treynor Ratio | (0.40) |
Alstom SA Backtested Returns
Alstom SA secures Sharpe Ratio (or Efficiency) of -0.0353, which signifies that the company had a -0.0353 % return per unit of risk over the last 3 months. Alstom SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Alstom SA's Mean Deviation of 1.06, risk adjusted performance of (0.04), and Standard Deviation of 2.35 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.36, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Alstom SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Alstom SA is expected to be smaller as well. At this point, Alstom SA has a negative expected return of -0.0797%. Please make sure to confirm Alstom SA's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Alstom SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.42 |
Modest reverse predictability
Alstom SA has modest reverse predictability. Overlapping area represents the amount of predictability between Alstom SA time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Alstom SA price movement. The serial correlation of -0.42 indicates that just about 42.0% of current Alstom SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.42 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Alstom SA lagged returns against current returns
Autocorrelation, which is Alstom SA pink sheet'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 Alstom SA's pink sheet expected returns. We can calculate the autocorrelation of Alstom SA returns to help us make a trade decision. For example, suppose you find that Alstom SA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Alstom SA 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 Alstom SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Alstom SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Alstom SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Alstom SA Lagged Returns
When evaluating Alstom SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Alstom SA pink sheet have on its future price. Alstom SA 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, Alstom SA autocorrelation shows the relationship between Alstom SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Alstom SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Alstom Pink Sheet
Alstom SA financial ratios help investors to determine whether Alstom Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Alstom with respect to the benefits of owning Alstom SA security.