Figeac Aero (France) Market Value
| FGA Stock | EUR 10.00 0.32 3.31% |
| Symbol | Figeac |
Figeac Aero '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 Figeac Aero'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 Figeac Aero.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Figeac Aero on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Figeac Aero SA or generate 0.0% return on investment in Figeac Aero over 90 days. Figeac Aero is related to or competes with Groupe Guillin, Prodways Group, and Mersen SA. Figeac Aero Socit Anonyme manufactures and sells aeronautical parts and sub-assemblies More
Figeac Aero 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 Figeac Aero'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 Figeac Aero SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.43 | |||
| Information Ratio | 0.4037 | |||
| Maximum Drawdown | 16.46 | |||
| Value At Risk | (2.06) | |||
| Potential Upside | 6.35 |
Figeac Aero Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Figeac Aero's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Figeac Aero's standard deviation. In reality, there are many statistical measures that can use Figeac Aero historical prices to predict the future Figeac Aero's volatility.| Risk Adjusted Performance | 0.3251 | |||
| Jensen Alpha | 0.9745 | |||
| Total Risk Alpha | 1.27 | |||
| Sortino Ratio | 0.7346 | |||
| Treynor Ratio | 3.27 |
Figeac Aero SA Backtested Returns
Figeac Aero appears to be somewhat reliable, given 3 months investment horizon. Figeac Aero SA secures Sharpe Ratio (or Efficiency) of 0.34, which denotes the company had a 0.34 % return per unit of risk over the last 3 months. By reviewing Figeac Aero's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please utilize Figeac Aero's Downside Deviation of 1.43, coefficient of variation of 273.44, and Mean Deviation of 1.77 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Figeac Aero holds a performance score of 26. The firm shows a Beta (market volatility) of 0.29, which means not very significant fluctuations relative to the market. As returns on the market increase, Figeac Aero's returns are expected to increase less than the market. However, during the bear market, the loss of holding Figeac Aero is expected to be smaller as well. Please check Figeac Aero's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether Figeac Aero's price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Figeac Aero SA has very good predictability. Overlapping area represents the amount of predictability between Figeac Aero time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Figeac Aero SA price movement. The serial correlation of 0.83 indicates that around 83.0% of current Figeac Aero price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Figeac Aero SA lagged returns against current returns
Autocorrelation, which is Figeac Aero 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 Figeac Aero's stock expected returns. We can calculate the autocorrelation of Figeac Aero returns to help us make a trade decision. For example, suppose you find that Figeac Aero 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 |
Figeac Aero 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 Figeac Aero stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Figeac Aero stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Figeac Aero stock over time.
Current vs Lagged Prices |
| Timeline |
Figeac Aero Lagged Returns
When evaluating Figeac Aero's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Figeac Aero stock have on its future price. Figeac Aero 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, Figeac Aero autocorrelation shows the relationship between Figeac Aero stock current value and its past values and can show if there is a momentum factor associated with investing in Figeac Aero 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.Other Information on Investing in Figeac Stock
Figeac Aero financial ratios help investors to determine whether Figeac 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 Figeac with respect to the benefits of owning Figeac Aero security.