Memscap Regpt (France) Market Value
| MEMS Stock | EUR 3.06 0.16 4.97% |
| Symbol | Memscap |
Memscap Regpt '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 Memscap Regpt'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 Memscap Regpt.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Memscap Regpt on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Memscap Regpt or generate 0.0% return on investment in Memscap Regpt over 30 days. Memscap Regpt is related to or competes with Verimatrix, Soitec SA, and Lectra SA. MEMSCAP, S.A. provides products and solutions based on micro-electro-mechanical systems for aerospacedefense, optical co... More
Memscap Regpt 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 Memscap Regpt'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 Memscap Regpt upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 14.74 | |||
| Value At Risk | (6.92) | |||
| Potential Upside | 3.79 |
Memscap Regpt Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Memscap Regpt's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Memscap Regpt's standard deviation. In reality, there are many statistical measures that can use Memscap Regpt historical prices to predict the future Memscap Regpt's volatility.| Risk Adjusted Performance | (0.24) | |||
| Jensen Alpha | (1.08) | |||
| Total Risk Alpha | (1.66) | |||
| Treynor Ratio | 7.01 |
Memscap Regpt Backtested Returns
Memscap Regpt has Sharpe Ratio of -0.3, which conveys that the firm had a -0.3% return per unit of risk over the last 3 months. Memscap Regpt exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Memscap Regpt's Mean Deviation of 2.52, risk adjusted performance of (0.24), and Standard Deviation of 3.33 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.16, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Memscap Regpt are expected to decrease at a much lower rate. During the bear market, Memscap Regpt is likely to outperform the market. At this point, Memscap Regpt has a negative expected return of -0.98%. Please make sure to verify Memscap Regpt's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to decide if Memscap Regpt performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.51 |
Modest predictability
Memscap Regpt has modest predictability. Overlapping area represents the amount of predictability between Memscap Regpt time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Memscap Regpt price movement. The serial correlation of 0.51 indicates that about 51.0% of current Memscap Regpt price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.51 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Memscap Regpt lagged returns against current returns
Autocorrelation, which is Memscap Regpt 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 Memscap Regpt's stock expected returns. We can calculate the autocorrelation of Memscap Regpt returns to help us make a trade decision. For example, suppose you find that Memscap Regpt 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 |
Memscap Regpt 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 Memscap Regpt stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Memscap Regpt stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Memscap Regpt stock over time.
Current vs Lagged Prices |
| Timeline |
Memscap Regpt Lagged Returns
When evaluating Memscap Regpt's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Memscap Regpt stock have on its future price. Memscap Regpt 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, Memscap Regpt autocorrelation shows the relationship between Memscap Regpt stock current value and its past values and can show if there is a momentum factor associated with investing in Memscap Regpt.
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 Memscap Stock
Memscap Regpt financial ratios help investors to determine whether Memscap 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 Memscap with respect to the benefits of owning Memscap Regpt security.