Arkema Sa Adr Stock Market Value
| ARKAY Stock | USD 79.24 1.06 1.36% |
| Symbol | Arkema |
Arkema 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 Arkema 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 Arkema SA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Arkema SA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Arkema SA ADR or generate 0.0% return on investment in Arkema SA over 30 days. Arkema SA is related to or competes with Akzo Nobel, Avoca LLC, AGC, and AirBoss Of. Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide More
Arkema 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 Arkema 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 Arkema SA ADR upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 10.23 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.17 |
Arkema SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkema SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkema SA's standard deviation. In reality, there are many statistical measures that can use Arkema SA historical prices to predict the future Arkema SA's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.33) | |||
| Total Risk Alpha | (0.53) | |||
| Treynor Ratio | (0.21) |
Arkema SA ADR Backtested Returns
Arkema SA ADR secures Sharpe Ratio (or Efficiency) of -0.1, which signifies that the company had a -0.1% return per unit of risk over the last 3 months. Arkema SA ADR exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arkema SA's Mean Deviation of 1.52, standard deviation of 1.97, and Risk Adjusted Performance of (0.07) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.96, which signifies possible diversification benefits within a given portfolio. Arkema SA returns are very sensitive to returns on the market. As the market goes up or down, Arkema SA is expected to follow. At this point, Arkema SA ADR has a negative expected return of -0.21%. Please make sure to confirm Arkema SA's maximum drawdown, as well as the relationship between the accumulation distribution and market facilitation index , to decide if Arkema SA ADR performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Arkema SA ADR has below average predictability. Overlapping area represents the amount of predictability between Arkema SA time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Arkema SA ADR price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Arkema SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 2.42 |
Arkema SA ADR lagged returns against current returns
Autocorrelation, which is Arkema 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 Arkema SA's pink sheet expected returns. We can calculate the autocorrelation of Arkema SA returns to help us make a trade decision. For example, suppose you find that Arkema 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 |
Arkema 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 Arkema SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkema 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 Arkema SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Arkema SA Lagged Returns
When evaluating Arkema SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkema SA pink sheet have on its future price. Arkema 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, Arkema SA autocorrelation shows the relationship between Arkema SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Arkema SA ADR.
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 Arkema Pink Sheet Analysis
When running Arkema SA's price analysis, check to measure Arkema SA'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 Arkema SA is operating at the current time. Most of Arkema SA's value examination focuses on studying past and present price action to predict the probability of Arkema SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Arkema SA's price. Additionally, you may evaluate how the addition of Arkema SA to your portfolios can decrease your overall portfolio volatility.