Aurea SA (France) Market Value
| AURE Stock | EUR 5.12 0.10 1.92% |
| Symbol | Aurea |
Aurea 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 Aurea SA'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 Aurea SA.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Aurea SA on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Aurea SA or generate 0.0% return on investment in Aurea SA over 720 days. Aurea SA is related to or competes with Veolia Environnement, Derichebourg, Groupe Pizzorno, BIO UV, Ecoslops, and Orege Socit. Aurea SA engages in the recycle of black motor oils, and manufacture of remoulded tires from used tires More
Aurea 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 Aurea SA'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 Aurea SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.02 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 18.32 | |||
| Value At Risk | (4.58) | |||
| Potential Upside | 4.73 |
Aurea SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aurea SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aurea SA's standard deviation. In reality, there are many statistical measures that can use Aurea SA historical prices to predict the future Aurea SA's volatility.| Risk Adjusted Performance | 0.0307 | |||
| Jensen Alpha | 0.0978 | |||
| Total Risk Alpha | (0.37) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.64) |
Aurea SA Backtested Returns
At this point, Aurea SA is slightly risky. Aurea SA secures Sharpe Ratio (or Efficiency) of 0.023, which signifies that the company had a 0.023% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Aurea SA, which you can use to evaluate the volatility of the firm. Please confirm Aurea SA's Mean Deviation of 2.2, risk adjusted performance of 0.0307, and Downside Deviation of 3.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.071%. Aurea SA has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.13, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Aurea SA are expected to decrease at a much lower rate. During the bear market, Aurea SA is likely to outperform the market. Aurea SA right now shows a risk of 3.09%. Please confirm Aurea SA sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to decide if Aurea SA will be following its price patterns.
Auto-correlation | -0.66 |
Very good reverse predictability
Aurea SA has very good reverse predictability. Overlapping area represents the amount of predictability between Aurea SA time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Aurea SA price movement. The serial correlation of -0.66 indicates that around 66.0% of current Aurea SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Aurea SA lagged returns against current returns
Autocorrelation, which is Aurea SA 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 Aurea SA's stock expected returns. We can calculate the autocorrelation of Aurea SA returns to help us make a trade decision. For example, suppose you find that Aurea SA 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 |
Aurea 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 Aurea SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aurea SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aurea SA stock over time.
Current vs Lagged Prices |
| Timeline |
Aurea SA Lagged Returns
When evaluating Aurea SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aurea SA stock have on its future price. Aurea 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, Aurea SA autocorrelation shows the relationship between Aurea SA stock current value and its past values and can show if there is a momentum factor associated with investing in Aurea SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Aurea Stock
Aurea SA financial ratios help investors to determine whether Aurea Stock 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 Aurea with respect to the benefits of owning Aurea SA security.