Aramis SAS (France) Market Value
| ARAMI Stock | 7.93 0.12 1.54% |
| Symbol | Aramis |
Aramis SAS '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 Aramis SAS'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 Aramis SAS.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Aramis SAS on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Aramis SAS or generate 0.0% return on investment in Aramis SAS over 30 days.
Aramis SAS 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 Aramis SAS'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 Aramis SAS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.03 | |||
| Information Ratio | 0.2188 | |||
| Maximum Drawdown | 10.38 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.45 |
Aramis SAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aramis SAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aramis SAS's standard deviation. In reality, there are many statistical measures that can use Aramis SAS historical prices to predict the future Aramis SAS's volatility.| Risk Adjusted Performance | 0.2062 | |||
| Jensen Alpha | 0.5629 | |||
| Total Risk Alpha | 0.2451 | |||
| Sortino Ratio | 0.2339 | |||
| Treynor Ratio | 2.65 |
Aramis SAS Backtested Returns
Aramis SAS appears to be not too volatile, given 3 months investment horizon. Aramis SAS secures Sharpe Ratio (or Efficiency) of 0.25, which signifies that the company had a 0.25% return per unit of standard deviation over the last 3 months. By analyzing Aramis SAS's technical indicators, you can evaluate if the expected return of 0.52% is justified by implied risk. Please makes use of Aramis SAS's risk adjusted performance of 0.2062, and Mean Deviation of 1.7 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Aramis SAS holds a performance score of 19. The firm shows a Beta (market volatility) of 0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aramis SAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aramis SAS is expected to be smaller as well. Please check Aramis SAS's value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to make a quick decision on whether Aramis SAS's price patterns will revert.
Auto-correlation | 0.69 |
Good predictability
Aramis SAS has good predictability. Overlapping area represents the amount of predictability between Aramis SAS time series from 12th of November 2024 to 27th of November 2024 and 27th of November 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 Aramis SAS price movement. The serial correlation of 0.69 indicates that around 69.0% of current Aramis SAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Aramis SAS lagged returns against current returns
Autocorrelation, which is Aramis SAS 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 Aramis SAS's stock expected returns. We can calculate the autocorrelation of Aramis SAS returns to help us make a trade decision. For example, suppose you find that Aramis SAS 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 |
Aramis SAS 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 Aramis SAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aramis SAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aramis SAS stock over time.
Current vs Lagged Prices |
| Timeline |
Aramis SAS Lagged Returns
When evaluating Aramis SAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aramis SAS stock have on its future price. Aramis SAS 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, Aramis SAS autocorrelation shows the relationship between Aramis SAS stock current value and its past values and can show if there is a momentum factor associated with investing in Aramis SAS.
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 Aramis Stock Analysis
When running Aramis SAS's price analysis, check to measure Aramis SAS'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 Aramis SAS is operating at the current time. Most of Aramis SAS's value examination focuses on studying past and present price action to predict the probability of Aramis SAS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Aramis SAS's price. Additionally, you may evaluate how the addition of Aramis SAS to your portfolios can decrease your overall portfolio volatility.