Broadpeak (France) Market Value
| ALBPK Stock | 1.00 0.02 2.04% |
| Symbol | Broadpeak |
Broadpeak '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 Broadpeak'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 Broadpeak.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Broadpeak on August 2, 2023 and sell it all today you would earn a total of 0.00 from holding Broadpeak SA or generate 0.0% return on investment in Broadpeak over 480 days. Broadpeak is related to or competes with Piscines Desjoyaux, Groupe Guillin, Passat Socit, Grard Perrier, and Gevelot. More
Broadpeak 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 Broadpeak'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 Broadpeak SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 11.64 | |||
| Value At Risk | (5.50) | |||
| Potential Upside | 3.09 |
Broadpeak Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Broadpeak's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Broadpeak's standard deviation. In reality, there are many statistical measures that can use Broadpeak historical prices to predict the future Broadpeak's volatility.| Risk Adjusted Performance | (0.26) | |||
| Jensen Alpha | (0.89) | |||
| Total Risk Alpha | (1.40) | |||
| Treynor Ratio | 1.52 |
Broadpeak SA Backtested Returns
Broadpeak SA secures Sharpe Ratio (or Efficiency) of -0.35, which signifies that the company had a -0.35% return per unit of risk over the last 3 months. Broadpeak SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Broadpeak's Mean Deviation of 2.0, risk adjusted performance of (0.26), and Standard Deviation of 2.74 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Broadpeak are expected to decrease at a much lower rate. During the bear market, Broadpeak is likely to outperform the market. At this point, Broadpeak SA has a negative expected return of -0.96%. Please make sure to confirm Broadpeak's day typical price, relative strength index, as well as the relationship between the accumulation distribution and value at risk , to decide if Broadpeak SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.47 |
Average predictability
Broadpeak SA has average predictability. Overlapping area represents the amount of predictability between Broadpeak time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 Broadpeak SA price movement. The serial correlation of 0.47 indicates that about 47.0% of current Broadpeak price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Broadpeak SA lagged returns against current returns
Autocorrelation, which is Broadpeak 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 Broadpeak's stock expected returns. We can calculate the autocorrelation of Broadpeak returns to help us make a trade decision. For example, suppose you find that Broadpeak 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 |
Broadpeak 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 Broadpeak stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Broadpeak stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Broadpeak stock over time.
Current vs Lagged Prices |
| Timeline |
Broadpeak Lagged Returns
When evaluating Broadpeak's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Broadpeak stock have on its future price. Broadpeak 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, Broadpeak autocorrelation shows the relationship between Broadpeak stock current value and its past values and can show if there is a momentum factor associated with investing in Broadpeak 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 Broadpeak Stock Analysis
When running Broadpeak's price analysis, check to measure Broadpeak'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 Broadpeak is operating at the current time. Most of Broadpeak's value examination focuses on studying past and present price action to predict the probability of Broadpeak's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Broadpeak's price. Additionally, you may evaluate how the addition of Broadpeak to your portfolios can decrease your overall portfolio volatility.