Arkema SA (France) Market Value
| AKE Stock | EUR 74.80 0.40 0.54% |
| Symbol | Arkema |
Arkema 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 Arkema 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 Arkema SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Arkema SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Arkema SA or generate 0.0% return on investment in Arkema SA over 30 days. Arkema SA is related to or competes with Neurones, Aubay Socit, Infotel SA, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Arkema S.A. manufactures and sells specialty chemicals and advanced materials worldwide More
Arkema 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 Arkema 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 Arkema SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 9.45 | |||
| Value At Risk | (2.96) | |||
| Potential Upside | 3.33 |
Arkema SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Arkema SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Arkema SA's standard deviation. In reality, there are many statistical measures that can use Arkema SA historical prices to predict the future Arkema SA's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (0.12) |
Arkema SA Backtested Returns
Arkema SA secures Sharpe Ratio (or Efficiency) of -0.0637, which signifies that the company had a -0.0637% return per unit of risk over the last 3 months. Arkema SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Arkema SA's Mean Deviation of 1.48, standard deviation of 1.92, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.04, which signifies a somewhat significant risk relative to the market. Arkema SA returns are very sensitive to returns on the market. As the market goes up or down, Arkema SA is expected to follow. At this point, Arkema SA has a negative expected return of -0.12%. Please make sure to confirm Arkema SA's jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if Arkema SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Arkema SA has virtually no predictability. Overlapping area represents the amount of predictability between Arkema SA time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Arkema SA price movement. The serial correlation of 0.02 indicates that only 2.0% of current Arkema SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 3.74 |
Arkema SA lagged returns against current returns
Autocorrelation, which is Arkema 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 Arkema SA's stock expected returns. We can calculate the autocorrelation of Arkema SA returns to help us make a trade decision. For example, suppose you find that Arkema 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 |
Arkema 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 Arkema SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Arkema SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Arkema SA stock over time.
Current vs Lagged Prices |
| Timeline |
Arkema SA Lagged Returns
When evaluating Arkema SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Arkema SA stock have on its future price. Arkema 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, Arkema SA autocorrelation shows the relationship between Arkema SA stock current value and its past values and can show if there is a momentum factor associated with investing in Arkema 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 Arkema Stock
Arkema SA financial ratios help investors to determine whether Arkema 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 Arkema with respect to the benefits of owning Arkema SA security.