Elior SCA (France) Market Value
| ELIOR Stock | EUR 2.72 0.03 1.09% |
| Symbol | Elior |
Elior SCA '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 Elior SCA'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 Elior SCA.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Elior SCA on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Elior SCA or generate 0.0% return on investment in Elior SCA over 30 days. Elior SCA is related to or competes with SA Catana, Verallia, Thermador Groupe, Maisons Du, and Vetoquinol. Elior Group SA provides contract catering and support services in France, the United States, the United Kingdom, Spain, ... More
Elior SCA 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 Elior SCA'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 Elior SCA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 32.06 | |||
| Value At Risk | (4.42) | |||
| Potential Upside | 3.27 |
Elior SCA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elior SCA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elior SCA's standard deviation. In reality, there are many statistical measures that can use Elior SCA historical prices to predict the future Elior SCA's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.37) | |||
| Total Risk Alpha | (0.89) | |||
| Treynor Ratio | 2.43 |
Elior SCA Backtested Returns
Elior SCA secures Sharpe Ratio (or Efficiency) of -0.0886, which denotes the company had a -0.0886% return per unit of risk over the last 3 months. Elior SCA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elior SCA's Mean Deviation of 2.26, standard deviation of 4.01, and Variance of 16.07 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.16, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Elior SCA are expected to decrease at a much lower rate. During the bear market, Elior SCA is likely to outperform the market. At this point, Elior SCA has a negative expected return of -0.36%. Please make sure to confirm Elior SCA's treynor ratio, as well as the relationship between the accumulation distribution and price action indicator , to decide if Elior SCA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Elior SCA has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Elior SCA time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Elior SCA price movement. The serial correlation of -0.75 indicates that around 75.0% of current Elior SCA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elior SCA lagged returns against current returns
Autocorrelation, which is Elior SCA 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 Elior SCA's stock expected returns. We can calculate the autocorrelation of Elior SCA returns to help us make a trade decision. For example, suppose you find that Elior SCA 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 |
Elior SCA 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 Elior SCA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elior SCA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elior SCA stock over time.
Current vs Lagged Prices |
| Timeline |
Elior SCA Lagged Returns
When evaluating Elior SCA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elior SCA stock have on its future price. Elior SCA 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, Elior SCA autocorrelation shows the relationship between Elior SCA stock current value and its past values and can show if there is a momentum factor associated with investing in Elior SCA.
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.Additional Tools for Elior Stock Analysis
When running Elior SCA's price analysis, check to measure Elior SCA'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 Elior SCA is operating at the current time. Most of Elior SCA's value examination focuses on studying past and present price action to predict the probability of Elior SCA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elior SCA's price. Additionally, you may evaluate how the addition of Elior SCA to your portfolios can decrease your overall portfolio volatility.