Compagnie (Germany) Market Value
| GOB Stock | EUR 84.90 0.32 0.38% |
| Symbol | Compagnie |
Compagnie '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 Compagnie'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 Compagnie.
| 12/10/2024 |
| 01/09/2025 |
If you would invest 0.00 in Compagnie on December 10, 2024 and sell it all today you would earn a total of 0.00 from holding Compagnie de Saint Gobain or generate 0.0% return on investment in Compagnie over 30 days. Compagnie is related to or competes with Jupiter Fund, Perdoceo Education, CeoTronics, Sims Metal, Gladstone Investment, PennantPark Investment, and Waste Management. More
Compagnie 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 Compagnie'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 Compagnie de Saint Gobain upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.15 | |||
| Information Ratio | 0.0528 | |||
| Maximum Drawdown | 5.18 | |||
| Value At Risk | (1.81) | |||
| Potential Upside | 2.35 |
Compagnie Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie's standard deviation. In reality, there are many statistical measures that can use Compagnie historical prices to predict the future Compagnie's volatility.| Risk Adjusted Performance | 0.0522 | |||
| Jensen Alpha | 0.0641 | |||
| Total Risk Alpha | 0.065 | |||
| Sortino Ratio | 0.0564 | |||
| Treynor Ratio | (0.45) |
Compagnie de Saint Backtested Returns
Currently, Compagnie de Saint Gobain is very steady. Compagnie de Saint secures Sharpe Ratio (or Efficiency) of 0.051, which signifies that the company had a 0.051% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Compagnie de Saint Gobain, which you can use to evaluate the volatility of the firm. Please confirm Compagnie's Mean Deviation of 0.9768, risk adjusted performance of 0.0522, and Downside Deviation of 1.15 to double-check if the risk estimate we provide is consistent with the expected return of 0.062%. Compagnie has a performance score of 4 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.14, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compagnie are expected to decrease at a much lower rate. During the bear market, Compagnie is likely to outperform the market. Compagnie de Saint right now shows a risk of 1.22%. Please confirm Compagnie de Saint standard deviation, total risk alpha, treynor ratio, as well as the relationship between the jensen alpha and sortino ratio , to decide if Compagnie de Saint will be following its price patterns.
Auto-correlation | 0.34 |
Below average predictability
Compagnie de Saint Gobain has below average predictability. Overlapping area represents the amount of predictability between Compagnie time series from 10th of December 2024 to 25th of December 2024 and 25th of December 2024 to 9th 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 Compagnie de Saint price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Compagnie price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Compagnie de Saint lagged returns against current returns
Autocorrelation, which is Compagnie 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 Compagnie's stock expected returns. We can calculate the autocorrelation of Compagnie returns to help us make a trade decision. For example, suppose you find that Compagnie 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 |
Compagnie 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 Compagnie stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie stock over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Lagged Returns
When evaluating Compagnie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie stock have on its future price. Compagnie 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, Compagnie autocorrelation shows the relationship between Compagnie stock current value and its past values and can show if there is a momentum factor associated with investing in Compagnie de Saint Gobain.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Compagnie Stock Analysis
When running Compagnie's price analysis, check to measure Compagnie'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 Compagnie is operating at the current time. Most of Compagnie's value examination focuses on studying past and present price action to predict the probability of Compagnie's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Compagnie's price. Additionally, you may evaluate how the addition of Compagnie to your portfolios can decrease your overall portfolio volatility.