Seche Environnem (France) Market Value
| SCHP Stock | EUR 80.30 0.90 1.11% |
| Symbol | Seche |
Seche Environnem '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 Seche Environnem'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 Seche Environnem.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Seche Environnem on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Seche Environnem or generate 0.0% return on investment in Seche Environnem over 180 days. Seche Environnem is related to or competes with Veolia Environnement, Derichebourg, Groupe Pizzorno, Aurea SA, BIO UV, and Ecoslops. Sch Environnement SA engages in the recovery and treatment of waste products for industrial customers and public authori... More
Seche Environnem 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 Seche Environnem'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 Seche Environnem upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 10.17 | |||
| Value At Risk | (2.29) | |||
| Potential Upside | 2.8 |
Seche Environnem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seche Environnem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seche Environnem's standard deviation. In reality, there are many statistical measures that can use Seche Environnem historical prices to predict the future Seche Environnem's volatility.| Risk Adjusted Performance | (0.12) | |||
| Jensen Alpha | (0.29) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | 6.25 |
Seche Environnem Backtested Returns
Seche Environnem owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Seche Environnem exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Seche Environnem's Coefficient Of Variation of (613.05), variance of 3.02, and Risk Adjusted Performance of (0.12) to confirm the risk estimate we provide. The entity has a beta of -0.047, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Seche Environnem are expected to decrease at a much lower rate. During the bear market, Seche Environnem is likely to outperform the market. At this point, Seche Environnem has a negative expected return of -0.23%. Please make sure to validate Seche Environnem's standard deviation, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Seche Environnem performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.25 |
Weak reverse predictability
Seche Environnem has weak reverse predictability. Overlapping area represents the amount of predictability between Seche Environnem time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Seche Environnem price movement. The serial correlation of -0.25 indicates that over 25.0% of current Seche Environnem price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 17.94 |
Seche Environnem lagged returns against current returns
Autocorrelation, which is Seche Environnem 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 Seche Environnem's stock expected returns. We can calculate the autocorrelation of Seche Environnem returns to help us make a trade decision. For example, suppose you find that Seche Environnem 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 |
Seche Environnem 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 Seche Environnem stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seche Environnem stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seche Environnem stock over time.
Current vs Lagged Prices |
| Timeline |
Seche Environnem Lagged Returns
When evaluating Seche Environnem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seche Environnem stock have on its future price. Seche Environnem 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, Seche Environnem autocorrelation shows the relationship between Seche Environnem stock current value and its past values and can show if there is a momentum factor associated with investing in Seche Environnem.
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 Seche Stock
Seche Environnem financial ratios help investors to determine whether Seche 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 Seche with respect to the benefits of owning Seche Environnem security.