La Francaise's market value is the price at which a share of La Francaise trades on a public exchange. It measures the collective expectations of La Francaise Des investors about its performance. La Francaise is trading at 36.70 as of the 8th of January 2025, a 0.38% down since the beginning of the trading day. The stock's open price was 36.84. With this module, you can estimate the performance of a buy and hold strategy of La Francaise Des and determine expected loss or profit from investing in La Francaise over a given investment horizon. Check out La Francaise Correlation, La Francaise Volatility and La Francaise Alpha and Beta module to complement your research on La Francaise.
Please note, there is a significant difference between La Francaise's value and its price as these two are different measures arrived at by different means. Investors typically determine if La Francaise is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, La Francaise's 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.
La Francaise '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 La Francaise'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 La Francaise.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure La Francaise'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 La Francaise Des 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 La Francaise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as La Francaise's standard deviation. In reality, there are many statistical measures that can use La Francaise historical prices to predict the future La Francaise's volatility.
At this point, La Francaise is very steady. La Francaise Des retains Efficiency (Sharpe Ratio) of 0.0472, which conveys that the firm had a 0.0472% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for La Francaise, which you can use to evaluate the volatility of the firm. Please verify La Francaise's Mean Deviation of 1.09, market risk adjusted performance of 0.0208, and Standard Deviation of 1.69 to check out if the risk estimate we provide is consistent with the expected return of 0.0724%. La Francaise has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of 0.0687, which conveys not very significant fluctuations relative to the market. As returns on the market increase, La Francaise's returns are expected to increase less than the market. However, during the bear market, the loss of holding La Francaise is expected to be smaller as well. La Francaise Des at this moment owns a risk of 1.53%. Please verify La Francaise Des semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to decide if La Francaise Des will be following its current price history.
Auto-correlation
0.34
Below average predictability
La Francaise Des has below average predictability. Overlapping area represents the amount of predictability between La Francaise 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 La Francaise Des price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current La Francaise price fluctuation can be explain by its past prices.
Correlation Coefficient
0.34
Spearman Rank Test
-0.63
Residual Average
0.0
Price Variance
0.08
La Francaise Des lagged returns against current returns
Autocorrelation, which is La Francaise 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 La Francaise's stock expected returns. We can calculate the autocorrelation of La Francaise returns to help us make a trade decision. For example, suppose you find that La Francaise 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
La Francaise 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 La Francaise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if La Francaise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in La Francaise stock over time.
Current vs Lagged Prices
Timeline
La Francaise Lagged Returns
When evaluating La Francaise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of La Francaise stock have on its future price. La Francaise 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, La Francaise autocorrelation shows the relationship between La Francaise stock current value and its past values and can show if there is a momentum factor associated with investing in La Francaise Des.
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.
La Francaise financial ratios help investors to determine whether FDJ 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 FDJ with respect to the benefits of owning La Francaise security.