Touax SCA (France) Market Value

TOUP Stock  EUR 4.11  0.02  0.48%   
Touax SCA's market value is the price at which a share of Touax SCA trades on a public exchange. It measures the collective expectations of Touax SCA investors about its performance. Touax SCA is trading at 4.11 as of the 5th of March 2025, a 0.48% down since the beginning of the trading day. The stock's open price was 4.13.
With this module, you can estimate the performance of a buy and hold strategy of Touax SCA and determine expected loss or profit from investing in Touax SCA over a given investment horizon. Check out Touax SCA Correlation, Touax SCA Volatility and Touax SCA Alpha and Beta module to complement your research on Touax SCA.
Symbol

Please note, there is a significant difference between Touax SCA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Touax SCA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Touax SCA's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Touax SCA '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 Touax SCA'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 Touax SCA.
0.00
02/03/2025
No Change 0.00  0.0 
In 30 days
03/05/2025
0.00
If you would invest  0.00  in Touax SCA on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Touax SCA or generate 0.0% return on investment in Touax SCA over 30 days. Touax SCA is related to or competes with Lacroix Group, Vicat SA, Vetoquinol, and Thermador Groupe. Touax SCA engages in the operational leasing, sale, and management of mobile standardized equipment worldwide More

Touax SCA 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 Touax SCA'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 Touax SCA upside and downside potential and time the market with a certain degree of confidence.

Touax SCA Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Touax SCA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Touax SCA's standard deviation. In reality, there are many statistical measures that can use Touax SCA historical prices to predict the future Touax SCA's volatility.
Hype
Prediction
LowEstimatedHigh
2.264.115.96
Details
Intrinsic
Valuation
LowRealHigh
1.463.315.16
Details
Naive
Forecast
LowNextHigh
2.164.015.86
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
3.373.814.24
Details

Touax SCA Backtested Returns

At this point, Touax SCA is slightly risky. Touax SCA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0921, which indicates the firm had a 0.0921 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Touax SCA, which you can use to evaluate the volatility of the company. Please validate Touax SCA's Coefficient Of Variation of 1874.24, risk adjusted performance of 0.0471, and Semi Deviation of 1.73 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Touax SCA has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.0659, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Touax SCA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Touax SCA is expected to be smaller as well. Touax SCA right now has a risk of 1.86%. Please validate Touax SCA value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to decide if Touax SCA will be following its existing price patterns.

Auto-correlation

    
  -0.53  

Good reverse predictability

Touax SCA has good reverse predictability. Overlapping area represents the amount of predictability between Touax SCA time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Touax SCA price movement. The serial correlation of -0.53 indicates that about 53.0% of current Touax SCA price fluctuation can be explain by its past prices.
Correlation Coefficient-0.53
Spearman Rank Test-0.5
Residual Average0.0
Price Variance0.0

Touax SCA lagged returns against current returns

Autocorrelation, which is Touax SCA 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 Touax SCA's stock expected returns. We can calculate the autocorrelation of Touax SCA returns to help us make a trade decision. For example, suppose you find that Touax SCA 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  

Touax SCA 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 Touax SCA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Touax SCA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Touax SCA stock over time.
   Current vs Lagged Prices   
       Timeline  

Touax SCA Lagged Returns

When evaluating Touax SCA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Touax SCA stock have on its future price. Touax SCA 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, Touax SCA autocorrelation shows the relationship between Touax SCA stock current value and its past values and can show if there is a momentum factor associated with investing in Touax SCA.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Touax Stock

Touax SCA financial ratios help investors to determine whether Touax 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 Touax with respect to the benefits of owning Touax SCA security.