Etablissements Maurel (France) Market Value
| MAU Stock | EUR 5.13 0.01 0.20% |
| Symbol | Etablissements |
Etablissements Maurel '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 Etablissements Maurel'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 Etablissements Maurel.
| 11/15/2024 |
| 12/15/2024 |
If you would invest 0.00 in Etablissements Maurel on November 15, 2024 and sell it all today you would earn a total of 0.00 from holding Etablissements Maurel et or generate 0.0% return on investment in Etablissements Maurel over 30 days. Etablissements Maurel is related to or competes with Esso SAF, Mtropole Tlvision, Rubis SCA, and Vallourec. Etablissements Maurel Prom S.A., an oil company, engages in the exploration and production of hydrocarbons in Gabon, Tan... More
Etablissements Maurel 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 Etablissements Maurel'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 Etablissements Maurel et upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.93 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 8.73 | |||
| Value At Risk | (3.11) | |||
| Potential Upside | 3.84 |
Etablissements Maurel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etablissements Maurel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etablissements Maurel's standard deviation. In reality, there are many statistical measures that can use Etablissements Maurel historical prices to predict the future Etablissements Maurel's volatility.| Risk Adjusted Performance | 0.0419 | |||
| Jensen Alpha | 0.097 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.55) |
Etablissements Maurel Backtested Returns
At this point, Etablissements Maurel is slightly risky. Etablissements Maurel secures Sharpe Ratio (or Efficiency) of 0.0493, which denotes the company had a 0.0493% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Etablissements Maurel et, which you can use to evaluate the volatility of the firm. Please confirm Etablissements Maurel's Semi Deviation of 1.77, mean deviation of 1.46, and Downside Deviation of 1.93 to check if the risk estimate we provide is consistent with the expected return of 0.0933%. Etablissements Maurel has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Etablissements Maurel are expected to decrease at a much lower rate. During the bear market, Etablissements Maurel is likely to outperform the market. Etablissements Maurel right now shows a risk of 1.9%. Please confirm Etablissements Maurel treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Etablissements Maurel will be following its price patterns.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Etablissements Maurel et has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Etablissements Maurel time series from 15th of November 2024 to 30th of November 2024 and 30th of November 2024 to 15th 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 Etablissements Maurel price movement. The serial correlation of -0.72 indicates that around 72.0% of current Etablissements Maurel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Etablissements Maurel lagged returns against current returns
Autocorrelation, which is Etablissements Maurel 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 Etablissements Maurel's stock expected returns. We can calculate the autocorrelation of Etablissements Maurel returns to help us make a trade decision. For example, suppose you find that Etablissements Maurel 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 |
Etablissements Maurel 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 Etablissements Maurel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Etablissements Maurel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Etablissements Maurel stock over time.
Current vs Lagged Prices |
| Timeline |
Etablissements Maurel Lagged Returns
When evaluating Etablissements Maurel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etablissements Maurel stock have on its future price. Etablissements Maurel 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, Etablissements Maurel autocorrelation shows the relationship between Etablissements Maurel stock current value and its past values and can show if there is a momentum factor associated with investing in Etablissements Maurel et.
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 Etablissements Stock
Etablissements Maurel financial ratios help investors to determine whether Etablissements 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 Etablissements with respect to the benefits of owning Etablissements Maurel security.