Etablissementen Franz (Belgium) Market Value
| COLR Stock | EUR 37.96 0.50 1.30% |
| Symbol | Etablissementen |
Etablissementen Franz '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 Etablissementen Franz'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 Etablissementen Franz.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in Etablissementen Franz on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Etablissementen Franz Colruyt or generate 0.0% return on investment in Etablissementen Franz over 90 days. Etablissementen Franz is related to or competes with KBC Groep, Proximus, Ageas SANV, and Solvay SA. Colruyt NV, together with its subsidiaries, engages in the retail, wholesale, food service, and other activities in Belg... More
Etablissementen Franz 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 Etablissementen Franz'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 Etablissementen Franz Colruyt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0112 | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 1.57 |
Etablissementen Franz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etablissementen Franz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etablissementen Franz's standard deviation. In reality, there are many statistical measures that can use Etablissementen Franz historical prices to predict the future Etablissementen Franz's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | 0.1249 | |||
| Treynor Ratio | (0.53) |
Etablissementen Franz Backtested Returns
Currently, Etablissementen Franz Colruyt is very steady. Etablissementen Franz secures Sharpe Ratio (or Efficiency) of 0.0117, which denotes the company had a 0.0117 % return per unit of standard deviation over the last 3 months. We have found twenty-two technical indicators for Etablissementen Franz Colruyt, which you can use to evaluate the volatility of the firm. Please confirm Etablissementen Franz's Coefficient Of Variation of (1,545), mean deviation of 0.9715, and Standard Deviation of 1.54 to check if the risk estimate we provide is consistent with the expected return of 0.0137%. The firm shows a Beta (market volatility) of 0.21, which means not very significant fluctuations relative to the market. As returns on the market increase, Etablissementen Franz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Etablissementen Franz is expected to be smaller as well. Etablissementen Franz right now shows a risk of 1.16%. Please confirm Etablissementen Franz market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Etablissementen Franz will be following its price patterns.
Auto-correlation | -0.4 |
Poor reverse predictability
Etablissementen Franz Colruyt has poor reverse predictability. Overlapping area represents the amount of predictability between Etablissementen Franz time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th of March 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 Etablissementen Franz price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Etablissementen Franz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.8 |
Etablissementen Franz lagged returns against current returns
Autocorrelation, which is Etablissementen Franz 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 Etablissementen Franz's stock expected returns. We can calculate the autocorrelation of Etablissementen Franz returns to help us make a trade decision. For example, suppose you find that Etablissementen Franz 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 |
Etablissementen Franz 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 Etablissementen Franz stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Etablissementen Franz stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Etablissementen Franz stock over time.
Current vs Lagged Prices |
| Timeline |
Etablissementen Franz Lagged Returns
When evaluating Etablissementen Franz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etablissementen Franz stock have on its future price. Etablissementen Franz 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, Etablissementen Franz autocorrelation shows the relationship between Etablissementen Franz stock current value and its past values and can show if there is a momentum factor associated with investing in Etablissementen Franz Colruyt.
Regressed Prices |
| Timeline |
Pair Trading with Etablissementen Franz
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Etablissementen Franz position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Etablissementen Franz will appreciate offsetting losses from the drop in the long position's value.Moving against Etablissementen Stock
The ability to find closely correlated positions to Etablissementen Franz could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Etablissementen Franz when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Etablissementen Franz - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Etablissementen Franz Colruyt to buy it.
The correlation of Etablissementen Franz is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Etablissementen Franz moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Etablissementen Franz moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Etablissementen Franz can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Etablissementen Stock Analysis
When running Etablissementen Franz's price analysis, check to measure Etablissementen Franz'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 Etablissementen Franz is operating at the current time. Most of Etablissementen Franz's value examination focuses on studying past and present price action to predict the probability of Etablissementen Franz's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Etablissementen Franz's price. Additionally, you may evaluate how the addition of Etablissementen Franz to your portfolios can decrease your overall portfolio volatility.