Socit Gnrale (Germany) Market Value
| SGE Stock | 26.69 0.09 0.34% |
| Symbol | Socit |
Socit Gnrale '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 Socit Gnrale'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 Socit Gnrale.
| 01/01/2023 |
| 12/21/2024 |
If you would invest 0.00 in Socit Gnrale on January 1, 2023 and sell it all today you would earn a total of 0.00 from holding Socit Gnrale Socit or generate 0.0% return on investment in Socit Gnrale over 720 days. Socit Gnrale is related to or competes with BNP Paribas, DNB BANK, Deutsche Bank, Commerzbank, Commerzbank, and AIB Group. More
Socit Gnrale 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 Socit Gnrale'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 Socit Gnrale Socit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.1156 | |||
| Maximum Drawdown | 14.77 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 3.04 |
Socit Gnrale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Socit Gnrale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Socit Gnrale's standard deviation. In reality, there are many statistical measures that can use Socit Gnrale historical prices to predict the future Socit Gnrale's volatility.| Risk Adjusted Performance | 0.1101 | |||
| Jensen Alpha | 0.2698 | |||
| Total Risk Alpha | 0.2016 | |||
| Sortino Ratio | 0.1621 | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Socit Gnrale's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Socit Gnrale Socit Backtested Returns
Socit Gnrale appears to be very steady, given 3 months investment horizon. Socit Gnrale Socit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found thirty technical indicators for Socit Gnrale Socit, which you can use to evaluate the volatility of the company. Please review Socit Gnrale's Semi Deviation of 1.27, risk adjusted performance of 0.1101, and Coefficient Of Variation of 761.82 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Socit Gnrale holds a performance score of 12. The entity has a beta of -0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Socit Gnrale are expected to decrease at a much lower rate. During the bear market, Socit Gnrale is likely to outperform the market. Please check Socit Gnrale's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Socit Gnrale's existing price patterns will revert.
Auto-correlation | -0.44 |
Modest reverse predictability
Socit Gnrale Socit has modest reverse predictability. Overlapping area represents the amount of predictability between Socit Gnrale time series from 1st of January 2023 to 27th of December 2023 and 27th of December 2023 to 21st 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 Socit Gnrale Socit price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Socit Gnrale price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 3.28 |
Socit Gnrale Socit lagged returns against current returns
Autocorrelation, which is Socit Gnrale 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 Socit Gnrale's stock expected returns. We can calculate the autocorrelation of Socit Gnrale returns to help us make a trade decision. For example, suppose you find that Socit Gnrale 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 |
Socit Gnrale 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 Socit Gnrale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Socit Gnrale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Socit Gnrale stock over time.
Current vs Lagged Prices |
| Timeline |
Socit Gnrale Lagged Returns
When evaluating Socit Gnrale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Socit Gnrale stock have on its future price. Socit Gnrale 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, Socit Gnrale autocorrelation shows the relationship between Socit Gnrale stock current value and its past values and can show if there is a momentum factor associated with investing in Socit Gnrale Socit.
Regressed Prices |
| Timeline |
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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.Additional Tools for Socit Stock Analysis
When running Socit Gnrale's price analysis, check to measure Socit Gnrale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Socit Gnrale is operating at the current time. Most of Socit Gnrale's value examination focuses on studying past and present price action to predict the probability of Socit Gnrale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Socit Gnrale's price. Additionally, you may evaluate how the addition of Socit Gnrale to your portfolios can decrease your overall portfolio volatility.