Tonnellerie Francois (France) Market Value
| TFF Stock | EUR 29.00 0.10 0.35% |
| Symbol | Tonnellerie |
Tonnellerie Francois '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 Tonnellerie Francois' 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 Tonnellerie Francois.
| 05/06/2024 |
| 12/02/2024 |
If you would invest 0.00 in Tonnellerie Francois on May 6, 2024 and sell it all today you would earn a total of 0.00 from holding Tonnellerie Francois Freres or generate 0.0% return on investment in Tonnellerie Francois over 210 days. Tonnellerie Francois is related to or competes with SA Catana, Piscines Desjoyaux, Reworld Media, Manitou BF, Gecina SA, Ekinops SA, and Orapi SA. TFF Group manufactures and distributes barrels and wood products for the aging of wines and alcohols in Western Europe, ... More
Tonnellerie Francois 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 Tonnellerie Francois' 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 Tonnellerie Francois Freres upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 11.52 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 3.72 |
Tonnellerie Francois Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Tonnellerie Francois' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Tonnellerie Francois' standard deviation. In reality, there are many statistical measures that can use Tonnellerie Francois historical prices to predict the future Tonnellerie Francois' volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.40) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | (1.03) |
Tonnellerie Francois Backtested Returns
Tonnellerie Francois owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.17, which indicates the firm had a -0.17% return per unit of risk over the last 3 months. Tonnellerie Francois Freres exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Tonnellerie Francois' Coefficient Of Variation of (663.16), risk adjusted performance of (0.11), and Variance of 5.39 to confirm the risk estimate we provide. The entity has a beta of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Tonnellerie Francois' returns are expected to increase less than the market. However, during the bear market, the loss of holding Tonnellerie Francois is expected to be smaller as well. At this point, Tonnellerie Francois has a negative expected return of -0.4%. Please make sure to validate Tonnellerie Francois' accumulation distribution, and the relationship between the potential upside and day median price , to decide if Tonnellerie Francois performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.63 |
Good predictability
Tonnellerie Francois Freres has good predictability. Overlapping area represents the amount of predictability between Tonnellerie Francois time series from 6th of May 2024 to 19th of August 2024 and 19th of August 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 Tonnellerie Francois price movement. The serial correlation of 0.63 indicates that roughly 63.0% of current Tonnellerie Francois price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.63 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 8.69 |
Tonnellerie Francois lagged returns against current returns
Autocorrelation, which is Tonnellerie Francois 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 Tonnellerie Francois' stock expected returns. We can calculate the autocorrelation of Tonnellerie Francois returns to help us make a trade decision. For example, suppose you find that Tonnellerie Francois 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 |
Tonnellerie Francois 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 Tonnellerie Francois stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Tonnellerie Francois stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Tonnellerie Francois stock over time.
Current vs Lagged Prices |
| Timeline |
Tonnellerie Francois Lagged Returns
When evaluating Tonnellerie Francois' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Tonnellerie Francois stock have on its future price. Tonnellerie Francois 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, Tonnellerie Francois autocorrelation shows the relationship between Tonnellerie Francois stock current value and its past values and can show if there is a momentum factor associated with investing in Tonnellerie Francois Freres.
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 Tonnellerie Stock
Tonnellerie Francois financial ratios help investors to determine whether Tonnellerie 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 Tonnellerie with respect to the benefits of owning Tonnellerie Francois security.