Vicat SA (France) Market Value
| VCT Stock | EUR 36.30 0.05 0.14% |
| Symbol | Vicat |
Vicat SA '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 Vicat SA'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 Vicat SA.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Vicat SA on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Vicat SA or generate 0.0% return on investment in Vicat SA over 30 days. Vicat SA is related to or competes with Nexity, Imerys SA, Rubis SCA, SCOR SE, and Mtropole Tlvision. Vicat SA produces and sells cement, ready-mixed concrete, and aggregates More
Vicat SA 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 Vicat SA'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 Vicat SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.83 | |||
| Information Ratio | 0.0576 | |||
| Maximum Drawdown | 10.79 | |||
| Value At Risk | (2.43) | |||
| Potential Upside | 2.75 |
Vicat SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Vicat SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Vicat SA's standard deviation. In reality, there are many statistical measures that can use Vicat SA historical prices to predict the future Vicat SA's volatility.| Risk Adjusted Performance | 0.102 | |||
| Jensen Alpha | 0.1963 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0515 | |||
| Treynor Ratio | 1.92 |
Vicat SA Backtested Returns
Vicat SA appears to be very steady, given 3 months investment horizon. Vicat SA 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. We have found twenty-eight technical indicators for Vicat SA, which you can use to evaluate the volatility of the company. Please review Vicat SA's Risk Adjusted Performance of 0.102, semi deviation of 1.44, and Coefficient Of Variation of 748.91 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Vicat SA holds a performance score of 10. The entity has a beta of 0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Vicat SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Vicat SA is expected to be smaller as well. Please check Vicat SA's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Vicat SA's existing price patterns will revert.
Auto-correlation | 0.68 |
Good predictability
Vicat SA has good predictability. Overlapping area represents the amount of predictability between Vicat SA time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Vicat SA price movement. The serial correlation of 0.68 indicates that around 68.0% of current Vicat SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | -0.06 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Vicat SA lagged returns against current returns
Autocorrelation, which is Vicat SA 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 Vicat SA's stock expected returns. We can calculate the autocorrelation of Vicat SA returns to help us make a trade decision. For example, suppose you find that Vicat SA 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 |
Vicat SA 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 Vicat SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Vicat SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Vicat SA stock over time.
Current vs Lagged Prices |
| Timeline |
Vicat SA Lagged Returns
When evaluating Vicat SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Vicat SA stock have on its future price. Vicat SA 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, Vicat SA autocorrelation shows the relationship between Vicat SA stock current value and its past values and can show if there is a momentum factor associated with investing in Vicat SA.
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 Vicat Stock
Vicat SA financial ratios help investors to determine whether Vicat 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 Vicat with respect to the benefits of owning Vicat SA security.