Foncire Volta (France) Market Value
| SPEL Stock | EUR 7.65 0.15 2.00% |
| Symbol | Foncire |
Foncire Volta '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 Foncire Volta'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 Foncire Volta.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Foncire Volta on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Foncire Volta or generate 0.0% return on investment in Foncire Volta over 30 days. Foncire Volta is related to or competes with Soditech, Soc Centrale, Groupimo, and Selectirente. Foncire Volta engages in real estate business in France and internationally More
Foncire Volta 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 Foncire Volta'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 Foncire Volta upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.006 | |||
| Maximum Drawdown | 21.41 | |||
| Value At Risk | (2.05) | |||
| Potential Upside | 2.05 |
Foncire Volta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foncire Volta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foncire Volta's standard deviation. In reality, there are many statistical measures that can use Foncire Volta historical prices to predict the future Foncire Volta's volatility.| Risk Adjusted Performance | 0.039 | |||
| Jensen Alpha | 0.194 | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (0.18) |
Foncire Volta Backtested Returns
At this point, Foncire Volta is slightly risky. Foncire Volta secures Sharpe Ratio (or Efficiency) of 0.0382, which denotes the company had a 0.0382% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Foncire Volta, which you can use to evaluate the volatility of the firm. Please confirm Foncire Volta's Mean Deviation of 1.23, variance of 10.41, and Standard Deviation of 3.23 to check if the risk estimate we provide is consistent with the expected return of 0.12%. Foncire Volta has a performance score of 3 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.69, which means possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Foncire Volta are expected to decrease at a much lower rate. During the bear market, Foncire Volta is likely to outperform the market. Foncire Volta right now shows a risk of 3.25%. Please confirm Foncire Volta potential upside, kurtosis, and the relationship between the maximum drawdown and skewness , to decide if Foncire Volta will be following its price patterns.
Auto-correlation | 0.57 |
Modest predictability
Foncire Volta has modest predictability. Overlapping area represents the amount of predictability between Foncire Volta 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 Foncire Volta price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Foncire Volta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Foncire Volta lagged returns against current returns
Autocorrelation, which is Foncire Volta 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 Foncire Volta's stock expected returns. We can calculate the autocorrelation of Foncire Volta returns to help us make a trade decision. For example, suppose you find that Foncire Volta 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 |
Foncire Volta 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 Foncire Volta stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foncire Volta stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foncire Volta stock over time.
Current vs Lagged Prices |
| Timeline |
Foncire Volta Lagged Returns
When evaluating Foncire Volta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foncire Volta stock have on its future price. Foncire Volta 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, Foncire Volta autocorrelation shows the relationship between Foncire Volta stock current value and its past values and can show if there is a momentum factor associated with investing in Foncire Volta.
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 Foncire Stock
Foncire Volta financial ratios help investors to determine whether Foncire 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 Foncire with respect to the benefits of owning Foncire Volta security.