Avenir Telecom (France) Market Value
| AVT Stock | EUR 0.07 0.0005 0.69% |
| Symbol | Avenir |
Avenir Telecom '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 Avenir Telecom'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 Avenir Telecom.
| 12/16/2023 |
| 12/10/2024 |
If you would invest 0.00 in Avenir Telecom on December 16, 2023 and sell it all today you would earn a total of 0.00 from holding Avenir Telecom SA or generate 0.0% return on investment in Avenir Telecom over 360 days. Avenir Telecom is related to or competes with Acheter Louer, DBT SA, Solocal Group, and Neovacs SA. Avenir Telecom S.A. retails and distributes mobiles, smartphones, and accessories More
Avenir Telecom 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 Avenir Telecom'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 Avenir Telecom SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 12.35 | |||
| Value At Risk | (3.97) | |||
| Potential Upside | 3.77 |
Avenir Telecom Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Avenir Telecom's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Avenir Telecom's standard deviation. In reality, there are many statistical measures that can use Avenir Telecom historical prices to predict the future Avenir Telecom's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 0.5147 |
Avenir Telecom SA Backtested Returns
Avenir Telecom SA secures Sharpe Ratio (or Efficiency) of -0.13, which signifies that the company had a -0.13% return per unit of standard deviation over the last 3 months. Avenir Telecom SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Avenir Telecom's mean deviation of 1.86, and Risk Adjusted Performance of (0.09) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.66, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Avenir Telecom are expected to decrease at a much lower rate. During the bear market, Avenir Telecom is likely to outperform the market. At this point, Avenir Telecom SA has a negative expected return of -0.32%. Please make sure to confirm Avenir Telecom's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Avenir Telecom SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Avenir Telecom SA has insignificant predictability. Overlapping area represents the amount of predictability between Avenir Telecom time series from 16th of December 2023 to 13th of June 2024 and 13th of June 2024 to 10th 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 Avenir Telecom SA price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Avenir Telecom price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Avenir Telecom SA lagged returns against current returns
Autocorrelation, which is Avenir Telecom 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 Avenir Telecom's stock expected returns. We can calculate the autocorrelation of Avenir Telecom returns to help us make a trade decision. For example, suppose you find that Avenir Telecom 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 |
Avenir Telecom 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 Avenir Telecom stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Avenir Telecom stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Avenir Telecom stock over time.
Current vs Lagged Prices |
| Timeline |
Avenir Telecom Lagged Returns
When evaluating Avenir Telecom's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Avenir Telecom stock have on its future price. Avenir Telecom 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, Avenir Telecom autocorrelation shows the relationship between Avenir Telecom stock current value and its past values and can show if there is a momentum factor associated with investing in Avenir Telecom 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 Avenir Stock
Avenir Telecom financial ratios help investors to determine whether Avenir 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 Avenir with respect to the benefits of owning Avenir Telecom security.