JCDecaux (Germany) Market Value
| DCS Stock | EUR 14.77 0.03 0.20% |
| Symbol | JCDecaux |
JCDecaux '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 JCDecaux'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 JCDecaux.
| 12/30/2023 |
| 12/24/2024 |
If you would invest 0.00 in JCDecaux on December 30, 2023 and sell it all today you would earn a total of 0.00 from holding JCDecaux SA or generate 0.0% return on investment in JCDecaux over 360 days. JCDecaux is related to or competes with Publicis Groupe, Omnicom, WPP PLC, WPP PLC, CyberAgent, and Strer SE. JCDecaux SA engages in outdoor advertising activities worldwide More
JCDecaux 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 JCDecaux'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 JCDecaux SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 13.66 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 2.11 |
JCDecaux Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for JCDecaux's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as JCDecaux's standard deviation. In reality, there are many statistical measures that can use JCDecaux historical prices to predict the future JCDecaux's volatility.| Risk Adjusted Performance | (0.14) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | (2.33) |
JCDecaux SA Backtested Returns
JCDecaux SA holds Efficiency (Sharpe) Ratio of -0.21, which attests that the company had a -0.21% return per unit of return volatility over the last 3 months. JCDecaux SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out JCDecaux's coefficient of variation of (557.36), and Standard Deviation of 2.14 to validate the risk estimate we provide. The firm retains a Market Volatility (i.e., Beta) of 0.17, which attests to not very significant fluctuations relative to the market. As returns on the market increase, JCDecaux's returns are expected to increase less than the market. However, during the bear market, the loss of holding JCDecaux is expected to be smaller as well. At this point, JCDecaux SA has a negative expected return of -0.45%. Please make sure to check out JCDecaux's coefficient of variation, total risk alpha, skewness, as well as the relationship between the information ratio and maximum drawdown , to decide if JCDecaux SA performance from the past will be repeated in the future.
Auto-correlation | -0.63 |
Very good reverse predictability
JCDecaux SA has very good reverse predictability. Overlapping area represents the amount of predictability between JCDecaux time series from 30th of December 2023 to 27th of June 2024 and 27th of June 2024 to 24th 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 JCDecaux SA price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current JCDecaux price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 4.0 |
JCDecaux SA lagged returns against current returns
Autocorrelation, which is JCDecaux 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 JCDecaux's stock expected returns. We can calculate the autocorrelation of JCDecaux returns to help us make a trade decision. For example, suppose you find that JCDecaux 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 |
JCDecaux 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 JCDecaux stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if JCDecaux stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in JCDecaux stock over time.
Current vs Lagged Prices |
| Timeline |
JCDecaux Lagged Returns
When evaluating JCDecaux's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of JCDecaux stock have on its future price. JCDecaux 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, JCDecaux autocorrelation shows the relationship between JCDecaux stock current value and its past values and can show if there is a momentum factor associated with investing in JCDecaux SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in JCDecaux Stock
JCDecaux financial ratios help investors to determine whether JCDecaux 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 JCDecaux with respect to the benefits of owning JCDecaux security.