Edenred SA (France) Market Value
| EDEN Stock | EUR 31.96 0.53 1.63% |
| Symbol | Edenred |
Edenred SA '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 Edenred SA'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 Edenred SA.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in Edenred SA on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Edenred SA or generate 0.0% return on investment in Edenred SA over 90 days. Edenred SA is related to or competes with Bureau Veritas, Sodexo SA, Legrand SA, Accor S, and Teleperformance. Edenred SA provides transactional solutions for companies, employees, and merchants worldwide More
Edenred SA 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 Edenred SA'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 Edenred SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.0856 | |||
| Maximum Drawdown | 9.72 | |||
| Value At Risk | (3.28) | |||
| Potential Upside | 3.21 |
Edenred SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Edenred SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Edenred SA's standard deviation. In reality, there are many statistical measures that can use Edenred SA historical prices to predict the future Edenred SA's volatility.| Risk Adjusted Performance | 0.0344 | |||
| Jensen Alpha | 0.094 | |||
| Total Risk Alpha | 0.2904 | |||
| Sortino Ratio | 0.0723 | |||
| Treynor Ratio | 0.1421 |
Edenred SA Backtested Returns
At this point, Edenred SA is very steady. Edenred SA secures Sharpe Ratio (or Efficiency) of 0.034, which denotes the company had a 0.034 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Edenred SA, which you can use to evaluate the volatility of the firm. Please confirm Edenred SA's Coefficient Of Variation of 2998.02, downside deviation of 2.24, and Mean Deviation of 1.39 to check if the risk estimate we provide is consistent with the expected return of 0.0652%. Edenred SA has a performance score of 2 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.37, which means possible diversification benefits within a given portfolio. As returns on the market increase, Edenred SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Edenred SA is expected to be smaller as well. Edenred SA right now shows a risk of 1.92%. Please confirm Edenred SA semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to decide if Edenred SA will be following its price patterns.
Auto-correlation | 0.24 |
Weak predictability
Edenred SA has weak predictability. Overlapping area represents the amount of predictability between Edenred SA time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Edenred SA price movement. The serial correlation of 0.24 indicates that over 24.0% of current Edenred SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 1.47 |
Edenred SA lagged returns against current returns
Autocorrelation, which is Edenred SA 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 Edenred SA's stock expected returns. We can calculate the autocorrelation of Edenred SA returns to help us make a trade decision. For example, suppose you find that Edenred SA 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 |
Edenred SA 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 Edenred SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Edenred SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Edenred SA stock over time.
Current vs Lagged Prices |
| Timeline |
Edenred SA Lagged Returns
When evaluating Edenred SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Edenred SA stock have on its future price. Edenred SA 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, Edenred SA autocorrelation shows the relationship between Edenred SA stock current value and its past values and can show if there is a momentum factor associated with investing in Edenred SA.
Regressed Prices |
| Timeline |
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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.Other Information on Investing in Edenred Stock
Edenred SA financial ratios help investors to determine whether Edenred 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 Edenred with respect to the benefits of owning Edenred SA security.