Akwel SA (France) Market Value
| AKW Stock | EUR 8.25 0.04 0.49% |
| Symbol | Akwel |
Akwel 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 Akwel 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 Akwel SA.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Akwel SA on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Akwel SA or generate 0.0% return on investment in Akwel SA over 510 days. Akwel SA is related to or competes with SA Catana, Reworld Media, Biosynex, and Moulinvest. AKWEL engages in the design, development, production, and sale of tooling equipment and parts to automotive and truck ma... More
Akwel 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 Akwel 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 Akwel SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.22) | |||
| Maximum Drawdown | 12.06 | |||
| Value At Risk | (3.90) | |||
| Potential Upside | 2.56 |
Akwel SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Akwel SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Akwel SA's standard deviation. In reality, there are many statistical measures that can use Akwel SA historical prices to predict the future Akwel SA's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.34) | |||
| Total Risk Alpha | (0.63) | |||
| Treynor Ratio | (1.87) |
Akwel SA Backtested Returns
Akwel SA secures Sharpe Ratio (or Efficiency) of -0.16, which signifies that the company had a -0.16% return per unit of risk over the last 3 months. Akwel SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Akwel SA's Risk Adjusted Performance of (0.11), standard deviation of 2.0, and Mean Deviation of 1.26 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.17, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Akwel SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Akwel SA is expected to be smaller as well. At this point, Akwel SA has a negative expected return of -0.32%. Please make sure to confirm Akwel SA's daily balance of power, and the relationship between the skewness and day typical price , to decide if Akwel SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Akwel SA has very weak reverse predictability. Overlapping area represents the amount of predictability between Akwel SA time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Akwel SA price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Akwel SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 2.85 |
Akwel SA lagged returns against current returns
Autocorrelation, which is Akwel 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 Akwel SA's stock expected returns. We can calculate the autocorrelation of Akwel SA returns to help us make a trade decision. For example, suppose you find that Akwel 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 |
Akwel 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 Akwel SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Akwel SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Akwel SA stock over time.
Current vs Lagged Prices |
| Timeline |
Akwel SA Lagged Returns
When evaluating Akwel SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Akwel SA stock have on its future price. Akwel 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, Akwel SA autocorrelation shows the relationship between Akwel SA stock current value and its past values and can show if there is a momentum factor associated with investing in Akwel 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.Other Information on Investing in Akwel Stock
Akwel SA financial ratios help investors to determine whether Akwel 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 Akwel with respect to the benefits of owning Akwel SA security.