Compagnie De Saint Gobain Stock Market Value
| CODGF Stock | USD 94.60 0.00 0.00% |
| Symbol | Compagnie |
Compagnie '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 Compagnie'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 Compagnie.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Compagnie on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Compagnie de Saint Gobain or generate 0.0% return on investment in Compagnie over 360 days. Compagnie is related to or competes with Antelope Enterprise, Azek, AAON, GMS, Masco, Owens Corning, and Trex. Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide More
Compagnie 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 Compagnie'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 Compagnie de Saint Gobain upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0559 | |||
| Maximum Drawdown | 5.04 | |||
| Potential Upside | 2.24 |
Compagnie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie's standard deviation. In reality, there are many statistical measures that can use Compagnie historical prices to predict the future Compagnie's volatility.| Risk Adjusted Performance | 0.1596 | |||
| Jensen Alpha | 0.1448 | |||
| Total Risk Alpha | 0.0368 | |||
| Treynor Ratio | 1.49 |
Compagnie de Saint Backtested Returns
At this point, Compagnie is very steady. Compagnie de Saint secures Sharpe Ratio (or Efficiency) of 0.19, which signifies that the company had a 0.19% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Compagnie de Saint Gobain, which you can use to evaluate the volatility of the firm. Please confirm Compagnie's Risk Adjusted Performance of 0.1596, standard deviation of 0.7574, and Mean Deviation of 0.3433 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Compagnie has a performance score of 14 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.1, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Compagnie's returns are expected to increase less than the market. However, during the bear market, the loss of holding Compagnie is expected to be smaller as well. Compagnie de Saint right now shows a risk of 0.73%. Please confirm Compagnie de Saint jensen alpha, as well as the relationship between the skewness and day median price , to decide if Compagnie de Saint will be following its price patterns.
Auto-correlation | 0.69 |
Good predictability
Compagnie de Saint Gobain has good predictability. Overlapping area represents the amount of predictability between Compagnie time series from 18th of December 2023 to 15th of June 2024 and 15th of June 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 Compagnie de Saint price movement. The serial correlation of 0.69 indicates that around 69.0% of current Compagnie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.69 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 9.42 |
Compagnie de Saint lagged returns against current returns
Autocorrelation, which is Compagnie 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 Compagnie's pink sheet expected returns. We can calculate the autocorrelation of Compagnie returns to help us make a trade decision. For example, suppose you find that Compagnie 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 |
Compagnie 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 Compagnie pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Lagged Returns
When evaluating Compagnie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie pink sheet have on its future price. Compagnie 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, Compagnie autocorrelation shows the relationship between Compagnie pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Compagnie de Saint Gobain.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Compagnie Pink Sheet
Compagnie financial ratios help investors to determine whether Compagnie Pink Sheet 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 Compagnie with respect to the benefits of owning Compagnie security.