Cogra 48 (France) Market Value
| ALCOG Stock | EUR 6.30 0.16 2.48% |
| Symbol | Cogra |
Cogra 48 '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 Cogra 48'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 Cogra 48.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Cogra 48 on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Cogra 48 Socit or generate 0.0% return on investment in Cogra 48 over 30 days. Cogra 48 is related to or competes with Moulinvest, Poujoulat, Delfingen, Jacquet Metal, and Clasquin. Cogra 48 Socit Anonyme produces and sells wood pellets and stoves More
Cogra 48 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 Cogra 48'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 Cogra 48 Socit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.26 | |||
| Information Ratio | 0.0193 | |||
| Maximum Drawdown | 22.34 | |||
| Value At Risk | (2.78) | |||
| Potential Upside | 5.36 |
Cogra 48 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Cogra 48's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Cogra 48's standard deviation. In reality, there are many statistical measures that can use Cogra 48 historical prices to predict the future Cogra 48's volatility.| Risk Adjusted Performance | 0.056 | |||
| Jensen Alpha | 0.1137 | |||
| Total Risk Alpha | (0.29) | |||
| Sortino Ratio | 0.0255 | |||
| Treynor Ratio | 0.3335 |
Cogra 48 Socit Backtested Returns
Cogra 48 appears to be slightly risky, given 3 months investment horizon. Cogra 48 Socit secures Sharpe Ratio (or Efficiency) of 0.0743, which signifies that the company had a 0.0743% return per unit of risk over the last 3 months. We have found thirty technical indicators for Cogra 48 Socit, which you can use to evaluate the volatility of the firm. Please makes use of Cogra 48's Mean Deviation of 1.92, risk adjusted performance of 0.056, and Downside Deviation of 2.26 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Cogra 48 holds a performance score of 5. The firm shows a Beta (market volatility) of 0.53, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Cogra 48's returns are expected to increase less than the market. However, during the bear market, the loss of holding Cogra 48 is expected to be smaller as well. Please check Cogra 48's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Cogra 48's price patterns will revert.
Auto-correlation | -0.7 |
Very good reverse predictability
Cogra 48 Socit has very good reverse predictability. Overlapping area represents the amount of predictability between Cogra 48 time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Cogra 48 Socit price movement. The serial correlation of -0.7 indicates that around 70.0% of current Cogra 48 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.7 | |
| Spearman Rank Test | -0.69 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Cogra 48 Socit lagged returns against current returns
Autocorrelation, which is Cogra 48 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 Cogra 48's stock expected returns. We can calculate the autocorrelation of Cogra 48 returns to help us make a trade decision. For example, suppose you find that Cogra 48 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 |
Cogra 48 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 Cogra 48 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Cogra 48 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Cogra 48 stock over time.
Current vs Lagged Prices |
| Timeline |
Cogra 48 Lagged Returns
When evaluating Cogra 48's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Cogra 48 stock have on its future price. Cogra 48 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, Cogra 48 autocorrelation shows the relationship between Cogra 48 stock current value and its past values and can show if there is a momentum factor associated with investing in Cogra 48 Socit.
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 Cogra Stock Analysis
When running Cogra 48's price analysis, check to measure Cogra 48'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 Cogra 48 is operating at the current time. Most of Cogra 48's value examination focuses on studying past and present price action to predict the probability of Cogra 48's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogra 48's price. Additionally, you may evaluate how the addition of Cogra 48 to your portfolios can decrease your overall portfolio volatility.