Publicis Groupe (France) Market Value
| PUB Stock | EUR 102.70 0.65 0.64% |
| Symbol | Publicis |
Publicis Groupe '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 Publicis Groupe'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 Publicis Groupe.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Publicis Groupe on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Publicis Groupe SA or generate 0.0% return on investment in Publicis Groupe over 30 days. Publicis Groupe is related to or competes with Bouygues, Legrand SA, Sodexo SA, Compagnie, and Capgemini. Publicis Groupe S.A. provides marketing, communication, and digital transformation services worldwide More
Publicis Groupe 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 Publicis Groupe'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 Publicis Groupe SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.69 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.29 | |||
| Value At Risk | (2.30) | |||
| Potential Upside | 2.14 |
Publicis Groupe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Publicis Groupe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Publicis Groupe's standard deviation. In reality, there are many statistical measures that can use Publicis Groupe historical prices to predict the future Publicis Groupe's volatility.| Risk Adjusted Performance | 0.0362 | |||
| Jensen Alpha | 0.0364 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.4793 |
Publicis Groupe SA Backtested Returns
At this point, Publicis Groupe is very steady. Publicis Groupe SA maintains Sharpe Ratio (i.e., Efficiency) of 0.0517, which implies the firm had a 0.0517% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Publicis Groupe SA, which you can use to evaluate the volatility of the company. Please check Publicis Groupe's Semi Deviation of 1.56, coefficient of variation of 2427.72, and Risk Adjusted Performance of 0.0362 to confirm if the risk estimate we provide is consistent with the expected return of 0.0745%. Publicis Groupe has a performance score of 4 on a scale of 0 to 100. The company holds a Beta of 0.1, which implies not very significant fluctuations relative to the market. As returns on the market increase, Publicis Groupe's returns are expected to increase less than the market. However, during the bear market, the loss of holding Publicis Groupe is expected to be smaller as well. Publicis Groupe SA right now holds a risk of 1.44%. Please check Publicis Groupe SA maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Publicis Groupe SA will be following its historical price patterns.
Auto-correlation | 0.53 |
Modest predictability
Publicis Groupe SA has modest predictability. Overlapping area represents the amount of predictability between Publicis Groupe time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Publicis Groupe SA price movement. The serial correlation of 0.53 indicates that about 53.0% of current Publicis Groupe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 1.94 |
Publicis Groupe SA lagged returns against current returns
Autocorrelation, which is Publicis Groupe 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 Publicis Groupe's stock expected returns. We can calculate the autocorrelation of Publicis Groupe returns to help us make a trade decision. For example, suppose you find that Publicis Groupe 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 |
Publicis Groupe 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 Publicis Groupe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Publicis Groupe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Publicis Groupe stock over time.
Current vs Lagged Prices |
| Timeline |
Publicis Groupe Lagged Returns
When evaluating Publicis Groupe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Publicis Groupe stock have on its future price. Publicis Groupe 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, Publicis Groupe autocorrelation shows the relationship between Publicis Groupe stock current value and its past values and can show if there is a momentum factor associated with investing in Publicis Groupe 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 Publicis Stock
Publicis Groupe financial ratios help investors to determine whether Publicis 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 Publicis with respect to the benefits of owning Publicis Groupe security.