Courtois' market value is the price at which a share of Courtois trades on a public exchange. It measures the collective expectations of Courtois SA investors about its performance. Courtois is trading at 120.00 as of the 8th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 120.0. With this module, you can estimate the performance of a buy and hold strategy of Courtois SA and determine expected loss or profit from investing in Courtois over a given investment horizon. Check out Courtois Correlation, Courtois Volatility and Courtois Alpha and Beta module to complement your research on Courtois.
Please note, there is a significant difference between Courtois' value and its price as these two are different measures arrived at by different means. Investors typically determine if Courtois is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Courtois' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Courtois '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 Courtois' 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 Courtois.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in Courtois on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Courtois SA or generate 0.0% return on investment in Courtois over 30 days. Courtois is related to or competes with Technip Energies, CMG Cleantech, Linedata Services, Broadpeak, Plant Advanced, ZCCM Investments, and Eutelsat Communications. Courtois S.A. renovates and sells real estate properties located in the Midi-Pyrenees and Paris regions in France More
Courtois 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 Courtois' 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 Courtois SA 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 Courtois' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Courtois' standard deviation. In reality, there are many statistical measures that can use Courtois historical prices to predict the future Courtois' volatility.
At this point, Courtois is very steady. Courtois SA secures Sharpe Ratio (or Efficiency) of 0.0291, which signifies that the company had a 0.0291% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Courtois SA, which you can use to evaluate the volatility of the firm. Please confirm Courtois' Risk Adjusted Performance of 0.0292, standard deviation of 2.35, and Mean Deviation of 0.8046 to double-check if the risk estimate we provide is consistent with the expected return of 0.0711%. Courtois has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.022, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Courtois' returns are expected to increase less than the market. However, during the bear market, the loss of holding Courtois is expected to be smaller as well. Courtois SA right now shows a risk of 2.44%. Please confirm Courtois SA total risk alpha, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Courtois SA will be following its price patterns.
Auto-correlation
-0.99
Near perfect reversele predictability
Courtois SA has near perfect reversele predictability. Overlapping area represents the amount of predictability between Courtois time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Courtois SA price movement. The serial correlation of -0.99 indicates that 99.0% of current Courtois price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.99
Spearman Rank Test
-0.43
Residual Average
0.0
Price Variance
6.75
Courtois SA lagged returns against current returns
Autocorrelation, which is Courtois 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 Courtois' stock expected returns. We can calculate the autocorrelation of Courtois returns to help us make a trade decision. For example, suppose you find that Courtois 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
Courtois 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 Courtois stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Courtois stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Courtois stock over time.
Current vs Lagged Prices
Timeline
Courtois Lagged Returns
When evaluating Courtois' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Courtois stock have on its future price. Courtois 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, Courtois autocorrelation shows the relationship between Courtois stock current value and its past values and can show if there is a momentum factor associated with investing in Courtois 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.
Courtois financial ratios help investors to determine whether Courtois 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 Courtois with respect to the benefits of owning Courtois security.