Devernois (France) Market Value
| ALDEV Stock | EUR 11.50 1.30 12.75% |
| Symbol | Devernois |
Devernois '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 Devernois' 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 Devernois.
| 12/12/2025 |
| 01/11/2026 |
If you would invest 0.00 in Devernois on December 12, 2025 and sell it all today you would earn a total of 0.00 from holding Devernois SA or generate 0.0% return on investment in Devernois over 30 days. Devernois is related to or competes with NR 21, Groupe JAJ, Body One, and Emova Group. Devernois S.A. provides clothing for women in France and internationally More
Devernois 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 Devernois' 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 Devernois SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0513 | |||
| Maximum Drawdown | 12.75 |
Devernois Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Devernois' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Devernois' standard deviation. In reality, there are many statistical measures that can use Devernois historical prices to predict the future Devernois' volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.1707 | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 1.37 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Devernois' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Devernois SA Backtested Returns
Currently, Devernois SA is somewhat reliable. Devernois SA secures Sharpe Ratio (or Efficiency) of 0.1, which denotes the company had a 0.1 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Devernois SA, which you can use to evaluate the volatility of the firm. Please confirm Devernois' Standard Deviation of 1.91, variance of 3.63, and Mean Deviation of 0.5773 to check if the risk estimate we provide is consistent with the expected return of 0.19%. Devernois has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.13, which means not very significant fluctuations relative to the market. As returns on the market increase, Devernois' returns are expected to increase less than the market. However, during the bear market, the loss of holding Devernois is expected to be smaller as well. Devernois SA right now shows a risk of 1.91%. Please confirm Devernois SA jensen alpha, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Devernois SA will be following its price patterns.
Auto-correlation | -0.67 |
Very good reverse predictability
Devernois SA has very good reverse predictability. Overlapping area represents the amount of predictability between Devernois time series from 12th of December 2025 to 27th of December 2025 and 27th of December 2025 to 11th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Devernois SA price movement. The serial correlation of -0.67 indicates that around 67.0% of current Devernois price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.67 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.41 |
Devernois SA lagged returns against current returns
Autocorrelation, which is Devernois 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 Devernois' stock expected returns. We can calculate the autocorrelation of Devernois returns to help us make a trade decision. For example, suppose you find that Devernois 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 |
Devernois 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 Devernois stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Devernois stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Devernois stock over time.
Current vs Lagged Prices |
| Timeline |
Devernois Lagged Returns
When evaluating Devernois' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Devernois stock have on its future price. Devernois 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, Devernois autocorrelation shows the relationship between Devernois stock current value and its past values and can show if there is a momentum factor associated with investing in Devernois 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 Devernois Stock Analysis
When running Devernois' price analysis, check to measure Devernois' 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 Devernois is operating at the current time. Most of Devernois' value examination focuses on studying past and present price action to predict the probability of Devernois' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Devernois' price. Additionally, you may evaluate how the addition of Devernois to your portfolios can decrease your overall portfolio volatility.