Credit Agricole's market value is the price at which a share of Credit Agricole trades on a public exchange. It measures the collective expectations of Credit Agricole Egypt investors about its performance. Credit Agricole is trading at 19.04 as of the 18th of January 2025. This is a 0.05 percent up since the beginning of the trading day. The stock's lowest day price was 19.0. With this module, you can estimate the performance of a buy and hold strategy of Credit Agricole Egypt and determine expected loss or profit from investing in Credit Agricole over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Credit
Credit Agricole '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 Credit Agricole'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 Credit Agricole.
0.00
12/19/2024
No Change 0.00
0.0
In 31 days
01/18/2025
0.00
If you would invest 0.00 in Credit Agricole on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Credit Agricole Egypt or generate 0.0% return on investment in Credit Agricole over 30 days.
Credit Agricole 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 Credit Agricole'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 Credit Agricole Egypt upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Credit Agricole's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Credit Agricole's standard deviation. In reality, there are many statistical measures that can use Credit Agricole historical prices to predict the future Credit Agricole's volatility.
Credit Agricole Egypt secures Sharpe Ratio (or Efficiency) of -0.0105, which signifies that the company had a -0.0105% return per unit of standard deviation over the last 3 months. Credit Agricole Egypt exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Credit Agricole's risk adjusted performance of (0.02), and Mean Deviation of 1.34 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.26, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Credit Agricole's returns are expected to increase less than the market. However, during the bear market, the loss of holding Credit Agricole is expected to be smaller as well. At this point, Credit Agricole Egypt has a negative expected return of -0.0196%. Please make sure to confirm Credit Agricole's mean deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Credit Agricole Egypt performance from the past will be repeated at some point in the near future.
Auto-correlation
0.53
Modest predictability
Credit Agricole Egypt has modest predictability. Overlapping area represents the amount of predictability between Credit Agricole time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 Credit Agricole Egypt price movement. The serial correlation of 0.53 indicates that about 53.0% of current Credit Agricole price fluctuation can be explain by its past prices.
Correlation Coefficient
0.53
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
0.01
Credit Agricole Egypt lagged returns against current returns
Autocorrelation, which is Credit Agricole 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 Credit Agricole's stock expected returns. We can calculate the autocorrelation of Credit Agricole returns to help us make a trade decision. For example, suppose you find that Credit Agricole 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
Credit Agricole 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 Credit Agricole stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Credit Agricole stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Credit Agricole stock over time.
Current vs Lagged Prices
Timeline
Credit Agricole Lagged Returns
When evaluating Credit Agricole's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Credit Agricole stock have on its future price. Credit Agricole 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, Credit Agricole autocorrelation shows the relationship between Credit Agricole stock current value and its past values and can show if there is a momentum factor associated with investing in Credit Agricole Egypt.
Regressed Prices
Timeline
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