Acanthe Dveloppement (France) Market Value
| ACAN Stock | EUR 0.33 0.01 3.13% |
| Symbol | Acanthe |
Acanthe Dveloppement '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 Acanthe Dveloppement'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 Acanthe Dveloppement.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Acanthe Dveloppement on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Acanthe Dveloppement or generate 0.0% return on investment in Acanthe Dveloppement over 30 days. Acanthe Dveloppement is related to or competes with Gecina SA, Icade SA, Altarea SCA, Mercialys, and Argan SA. ACANTHE DEVELOPPEMENT is an European and property company eligible for French SIIC tax status More
Acanthe Dveloppement 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 Acanthe Dveloppement'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 Acanthe Dveloppement upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 18.99 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.94 |
Acanthe Dveloppement Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Acanthe Dveloppement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Acanthe Dveloppement's standard deviation. In reality, there are many statistical measures that can use Acanthe Dveloppement historical prices to predict the future Acanthe Dveloppement's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.69) | |||
| Treynor Ratio | (1.12) |
Acanthe Dveloppement Backtested Returns
Acanthe Dveloppement secures Sharpe Ratio (or Efficiency) of -0.071, which signifies that the company had a -0.071% return per unit of standard deviation over the last 3 months. Acanthe Dveloppement exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Acanthe Dveloppement's mean deviation of 1.68, and Risk Adjusted Performance of (0.05) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Acanthe Dveloppement's returns are expected to increase less than the market. However, during the bear market, the loss of holding Acanthe Dveloppement is expected to be smaller as well. At this point, Acanthe Dveloppement has a negative expected return of -0.22%. Please make sure to confirm Acanthe Dveloppement's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if Acanthe Dveloppement performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.06 |
Virtually no predictability
Acanthe Dveloppement has virtually no predictability. Overlapping area represents the amount of predictability between Acanthe Dveloppement time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Acanthe Dveloppement price movement. The serial correlation of 0.06 indicates that barely 6.0% of current Acanthe Dveloppement price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Acanthe Dveloppement lagged returns against current returns
Autocorrelation, which is Acanthe Dveloppement 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 Acanthe Dveloppement's stock expected returns. We can calculate the autocorrelation of Acanthe Dveloppement returns to help us make a trade decision. For example, suppose you find that Acanthe Dveloppement 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 |
Acanthe Dveloppement 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 Acanthe Dveloppement stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Acanthe Dveloppement stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Acanthe Dveloppement stock over time.
Current vs Lagged Prices |
| Timeline |
Acanthe Dveloppement Lagged Returns
When evaluating Acanthe Dveloppement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Acanthe Dveloppement stock have on its future price. Acanthe Dveloppement 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, Acanthe Dveloppement autocorrelation shows the relationship between Acanthe Dveloppement stock current value and its past values and can show if there is a momentum factor associated with investing in Acanthe Dveloppement.
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 Acanthe Stock
Acanthe Dveloppement financial ratios help investors to determine whether Acanthe 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 Acanthe with respect to the benefits of owning Acanthe Dveloppement security.