CREDIT AGRICOLE (Germany) Market Value
| XCA Stock | EUR 13.00 0.07 0.54% |
| Symbol | CREDIT |
CREDIT AGRICOLE '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 CREDIT AGRICOLE'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 CREDIT AGRICOLE.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in CREDIT AGRICOLE on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding CREDIT AGRICOLE or generate 0.0% return on investment in CREDIT AGRICOLE over 180 days. CREDIT AGRICOLE is related to or competes with Check Point, United Airlines, PSI Software, DICKER DATA, MICRONIC MYDATA, Data#3, and Alfa Financial. More
CREDIT AGRICOLE 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 CREDIT AGRICOLE'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 CREDIT AGRICOLE upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 5.71 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 1.4 |
CREDIT AGRICOLE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for CREDIT AGRICOLE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CREDIT AGRICOLE's standard deviation. In reality, there are many statistical measures that can use CREDIT AGRICOLE historical prices to predict the future CREDIT AGRICOLE's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.2616 |
CREDIT AGRICOLE Backtested Returns
CREDIT AGRICOLE secures Sharpe Ratio (or Efficiency) of -0.0671, which signifies that the company had a -0.0671% return per unit of risk over the last 3 months. CREDIT AGRICOLE exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm CREDIT AGRICOLE's Mean Deviation of 0.9533, risk adjusted performance of (0.09), and Standard Deviation of 1.32 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.62, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning CREDIT AGRICOLE are expected to decrease at a much lower rate. During the bear market, CREDIT AGRICOLE is likely to outperform the market. At this point, CREDIT AGRICOLE has a negative expected return of -0.0803%. Please make sure to confirm CREDIT AGRICOLE's potential upside, daily balance of power, and the relationship between the maximum drawdown and kurtosis , to decide if CREDIT AGRICOLE performance from the past will be repeated in the future.
Auto-correlation | -0.3 |
Weak reverse predictability
CREDIT AGRICOLE has weak reverse predictability. Overlapping area represents the amount of predictability between CREDIT AGRICOLE time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 2024 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 CREDIT AGRICOLE price movement. The serial correlation of -0.3 indicates that nearly 30.0% of current CREDIT AGRICOLE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.3 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.27 |
CREDIT AGRICOLE lagged returns against current returns
Autocorrelation, which is CREDIT AGRICOLE 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 CREDIT AGRICOLE's stock expected returns. We can calculate the autocorrelation of CREDIT AGRICOLE returns to help us make a trade decision. For example, suppose you find that CREDIT AGRICOLE 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 |
CREDIT AGRICOLE 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 CREDIT AGRICOLE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CREDIT AGRICOLE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CREDIT AGRICOLE stock over time.
Current vs Lagged Prices |
| Timeline |
CREDIT AGRICOLE Lagged Returns
When evaluating CREDIT AGRICOLE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CREDIT AGRICOLE stock have on its future price. CREDIT AGRICOLE 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, CREDIT AGRICOLE autocorrelation shows the relationship between CREDIT AGRICOLE stock current value and its past values and can show if there is a momentum factor associated with investing in CREDIT AGRICOLE.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for CREDIT Stock Analysis
When running CREDIT AGRICOLE's price analysis, check to measure CREDIT AGRICOLE'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 CREDIT AGRICOLE is operating at the current time. Most of CREDIT AGRICOLE's value examination focuses on studying past and present price action to predict the probability of CREDIT AGRICOLE's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move CREDIT AGRICOLE's price. Additionally, you may evaluate how the addition of CREDIT AGRICOLE to your portfolios can decrease your overall portfolio volatility.