Encres Dubuit (France) Market Value
| ALDUB Stock | EUR 2.72 0.14 4.90% |
| Symbol | Encres |
Encres Dubuit '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 Encres Dubuit'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 Encres Dubuit.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Encres Dubuit on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Encres Dubuit SA or generate 0.0% return on investment in Encres Dubuit over 540 days. Encres Dubuit is related to or competes with Passat Socit, Gevelot, Groupe Partouche, EPC Groupe, and Trilogiq. Encres Dubuit manufactures and sells industrial inks for screen printing, pad printing, and digital printing worldwide More
Encres Dubuit 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 Encres Dubuit'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 Encres Dubuit SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.15 | |||
| Information Ratio | 0.0966 | |||
| Maximum Drawdown | 23.33 | |||
| Value At Risk | (4.90) | |||
| Potential Upside | 6.86 |
Encres Dubuit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Encres Dubuit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Encres Dubuit's standard deviation. In reality, there are many statistical measures that can use Encres Dubuit historical prices to predict the future Encres Dubuit's volatility.| Risk Adjusted Performance | 0.1076 | |||
| Jensen Alpha | 0.4806 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.115 | |||
| Treynor Ratio | (20.34) |
Encres Dubuit SA Backtested Returns
Encres Dubuit appears to be very risky, given 3 months investment horizon. Encres Dubuit SA secures Sharpe Ratio (or Efficiency) of 0.12, which denotes the company had a 0.12% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Encres Dubuit SA, which you can use to evaluate the volatility of the firm. Please utilize Encres Dubuit's Downside Deviation of 3.15, semi deviation of 2.03, and Mean Deviation of 2.33 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Encres Dubuit holds a performance score of 9. The firm shows a Beta (market volatility) of -0.0235, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Encres Dubuit are expected to decrease at a much lower rate. During the bear market, Encres Dubuit is likely to outperform the market. Please check Encres Dubuit's sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to make a quick decision on whether Encres Dubuit's price patterns will revert.
Auto-correlation | 0.70 |
Good predictability
Encres Dubuit SA has good predictability. Overlapping area represents the amount of predictability between Encres Dubuit time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Encres Dubuit SA price movement. The serial correlation of 0.7 indicates that around 70.0% of current Encres Dubuit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.7 | |
| Spearman Rank Test | 0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Encres Dubuit SA lagged returns against current returns
Autocorrelation, which is Encres Dubuit 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 Encres Dubuit's stock expected returns. We can calculate the autocorrelation of Encres Dubuit returns to help us make a trade decision. For example, suppose you find that Encres Dubuit 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 |
Encres Dubuit 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 Encres Dubuit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Encres Dubuit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Encres Dubuit stock over time.
Current vs Lagged Prices |
| Timeline |
Encres Dubuit Lagged Returns
When evaluating Encres Dubuit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Encres Dubuit stock have on its future price. Encres Dubuit 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, Encres Dubuit autocorrelation shows the relationship between Encres Dubuit stock current value and its past values and can show if there is a momentum factor associated with investing in Encres Dubuit 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 Encres Stock Analysis
When running Encres Dubuit's price analysis, check to measure Encres Dubuit'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 Encres Dubuit is operating at the current time. Most of Encres Dubuit's value examination focuses on studying past and present price action to predict the probability of Encres Dubuit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Encres Dubuit's price. Additionally, you may evaluate how the addition of Encres Dubuit to your portfolios can decrease your overall portfolio volatility.