Legrand Sa Stock Market Value
| LGRVF Stock | USD 113.50 4.43 3.76% |
| Symbol | Legrand |
Legrand 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 Legrand SA's pink sheet 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 Legrand SA.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Legrand SA on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Legrand SA or generate 0.0% return on investment in Legrand SA over 90 days. Legrand SA is related to or competes with Tantalus Systems, and Signify NV. Legrand SA, together with its subsidiaries, provides electrical and digital building infrastructures worldwide More
Legrand 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 Legrand SA's pink sheet 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 Legrand SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.32 | |||
| Information Ratio | 0.1056 | |||
| Maximum Drawdown | 16.34 | |||
| Value At Risk | (3.52) | |||
| Potential Upside | 3.98 |
Legrand SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Legrand SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Legrand SA's standard deviation. In reality, there are many statistical measures that can use Legrand SA historical prices to predict the future Legrand SA's volatility.| Risk Adjusted Performance | 0.0527 | |||
| Jensen Alpha | 0.1667 | |||
| Total Risk Alpha | 0.5661 | |||
| Sortino Ratio | 0.0822 | |||
| Treynor Ratio | 0.5143 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Legrand SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Legrand SA Backtested Returns
Legrand SA appears to be very steady, given 3 months investment horizon. Legrand SA has Sharpe Ratio of 0.11, which conveys that the firm had a 0.11 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Legrand SA, which you can use to evaluate the volatility of the firm. Please exercise Legrand SA's Downside Deviation of 3.32, risk adjusted performance of 0.0527, and Mean Deviation of 1.33 to check out if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Legrand SA holds a performance score of 8. The company secures a Beta (Market Risk) of 0.25, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Legrand SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Legrand SA is expected to be smaller as well. Please check Legrand SA's potential upside, and the relationship between the total risk alpha and kurtosis , to make a quick decision on whether Legrand SA's current price movements will revert.
Auto-correlation | 0.79 |
Good predictability
Legrand SA has good predictability. Overlapping area represents the amount of predictability between Legrand SA 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 Legrand SA price movement. The serial correlation of 0.79 indicates that around 79.0% of current Legrand SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.79 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 53.42 |
Legrand SA lagged returns against current returns
Autocorrelation, which is Legrand SA pink sheet'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 Legrand SA's pink sheet expected returns. We can calculate the autocorrelation of Legrand SA returns to help us make a trade decision. For example, suppose you find that Legrand SA has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Legrand 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 Legrand SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Legrand SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Legrand SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Legrand SA Lagged Returns
When evaluating Legrand SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Legrand SA pink sheet have on its future price. Legrand 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, Legrand SA autocorrelation shows the relationship between Legrand SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Legrand SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Legrand Pink Sheet
Legrand SA financial ratios help investors to determine whether Legrand Pink Sheet 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 Legrand with respect to the benefits of owning Legrand SA security.