Savencia (France) Market Value
| SAVE Stock | EUR 52.20 0.20 0.38% |
| Symbol | Savencia |
Savencia '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 Savencia'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 Savencia.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Savencia on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Savencia SA or generate 0.0% return on investment in Savencia over 30 days. Savencia is related to or competes with Stef SA, Bonduelle SCA, VIEL Cie, Groupe Guillin, and Vicat SA. Savencia SA produces and distributes cheese and other dairy ingredients in France and internationally More
Savencia 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 Savencia'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 Savencia SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.18 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 6.21 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.02 |
Savencia Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Savencia's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Savencia's standard deviation. In reality, there are many statistical measures that can use Savencia historical prices to predict the future Savencia's volatility.| Risk Adjusted Performance | 0.0304 | |||
| Jensen Alpha | 0.0182 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | 0.2346 |
Savencia SA Backtested Returns
At this point, Savencia is very steady. Savencia SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0502, which indicates the firm had a 0.0502% return per unit of risk over the last 3 months. We have found thirty technical indicators for Savencia SA, which you can use to evaluate the volatility of the company. Please validate Savencia's Risk Adjusted Performance of 0.0304, coefficient of variation of 2862.4, and Semi Deviation of 0.9727 to confirm if the risk estimate we provide is consistent with the expected return of 0.0613%. Savencia has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Savencia's returns are expected to increase less than the market. However, during the bear market, the loss of holding Savencia is expected to be smaller as well. Savencia SA right now has a risk of 1.22%. Please validate Savencia maximum drawdown, potential upside, semi variance, as well as the relationship between the value at risk and downside variance , to decide if Savencia will be following its existing price patterns.
Auto-correlation | -0.63 |
Very good reverse predictability
Savencia SA has very good reverse predictability. Overlapping area represents the amount of predictability between Savencia time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Savencia SA price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current Savencia price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | 0.1 | |
| Residual Average | 0.0 | |
| Price Variance | 1.29 |
Savencia SA lagged returns against current returns
Autocorrelation, which is Savencia 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 Savencia's stock expected returns. We can calculate the autocorrelation of Savencia returns to help us make a trade decision. For example, suppose you find that Savencia 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 |
Savencia 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 Savencia stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Savencia stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Savencia stock over time.
Current vs Lagged Prices |
| Timeline |
Savencia Lagged Returns
When evaluating Savencia's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Savencia stock have on its future price. Savencia 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, Savencia autocorrelation shows the relationship between Savencia stock current value and its past values and can show if there is a momentum factor associated with investing in Savencia SA.
Regressed Prices |
| Timeline |
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Savencia financial ratios help investors to determine whether Savencia 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 Savencia with respect to the benefits of owning Savencia security.