Eiffage SA (UK) Market Value
| 0NPT Stock | 83.27 1.17 1.39% |
| Symbol | Eiffage |
Eiffage 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 Eiffage 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 Eiffage SA.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Eiffage SA on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Eiffage SA or generate 0.0% return on investment in Eiffage SA over 720 days. Eiffage SA is related to or competes with Indutrade, LPKF Laser, TechnipFMC PLC, Allianz Technology, Raytheon Technologies, Check Point, and Electronic Arts. Eiffage SA is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Eiffage 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 Eiffage 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 Eiffage SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.25 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.11 |
Eiffage SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Eiffage SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Eiffage SA's standard deviation. In reality, there are many statistical measures that can use Eiffage SA historical prices to predict the future Eiffage SA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.38) | |||
| Treynor Ratio | (0.91) |
Eiffage SA Backtested Returns
Eiffage SA secures Sharpe Ratio (or Efficiency) of -0.15, which denotes the company had a -0.15% return per unit of risk over the last 3 months. Eiffage SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Eiffage SA's Variance of 1.86, mean deviation of 0.9944, and Standard Deviation of 1.36 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.18, which means not very significant fluctuations relative to the market. As returns on the market increase, Eiffage SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Eiffage SA is expected to be smaller as well. At this point, Eiffage SA has a negative expected return of -0.2%. Please make sure to confirm Eiffage SA's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Eiffage SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Eiffage SA has good predictability. Overlapping area represents the amount of predictability between Eiffage SA time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th of November 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 Eiffage SA price movement. The serial correlation of 0.66 indicates that around 66.0% of current Eiffage SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 21.45 |
Eiffage SA lagged returns against current returns
Autocorrelation, which is Eiffage 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 Eiffage SA's stock expected returns. We can calculate the autocorrelation of Eiffage SA returns to help us make a trade decision. For example, suppose you find that Eiffage 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 |
Eiffage 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 Eiffage SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Eiffage SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Eiffage SA stock over time.
Current vs Lagged Prices |
| Timeline |
Eiffage SA Lagged Returns
When evaluating Eiffage SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Eiffage SA stock have on its future price. Eiffage 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, Eiffage SA autocorrelation shows the relationship between Eiffage SA stock current value and its past values and can show if there is a momentum factor associated with investing in Eiffage SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Eiffage Stock Analysis
When running Eiffage SA's price analysis, check to measure Eiffage SA'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 Eiffage SA is operating at the current time. Most of Eiffage SA's value examination focuses on studying past and present price action to predict the probability of Eiffage SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Eiffage SA's price. Additionally, you may evaluate how the addition of Eiffage SA to your portfolios can decrease your overall portfolio volatility.