Euromedis Groupe (France) Market Value
| ALEMG Stock | 3.92 0.01 0.26% |
| Symbol | Euromedis |
Euromedis Groupe '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 Euromedis Groupe'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 Euromedis Groupe.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in Euromedis Groupe on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding Euromedis Groupe SA or generate 0.0% return on investment in Euromedis Groupe over 570 days.
Euromedis Groupe 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 Euromedis Groupe'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 Euromedis Groupe SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.04 | |||
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 5.56 | |||
| Value At Risk | (1.02) | |||
| Potential Upside | 1.79 |
Euromedis Groupe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Euromedis Groupe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euromedis Groupe's standard deviation. In reality, there are many statistical measures that can use Euromedis Groupe historical prices to predict the future Euromedis Groupe's volatility.| Risk Adjusted Performance | 0.0045 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.10) | |||
| Treynor Ratio | (0.22) |
Euromedis Groupe Backtested Returns
Euromedis Groupe secures Sharpe Ratio (or Efficiency) of close to zero, which denotes the company had a close to zero % return per unit of risk over the last 3 months. Euromedis Groupe SA exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Euromedis Groupe's Mean Deviation of 0.4494, downside deviation of 1.04, and Coefficient Of Variation of 24573.43 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 0.0295, which means not very significant fluctuations relative to the market. As returns on the market increase, Euromedis Groupe's returns are expected to increase less than the market. However, during the bear market, the loss of holding Euromedis Groupe is expected to be smaller as well. At this point, Euromedis Groupe has a negative expected return of -0.001%. Please make sure to confirm Euromedis Groupe's downside variance, and the relationship between the treynor ratio and kurtosis , to decide if Euromedis Groupe performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Euromedis Groupe SA has modest predictability. Overlapping area represents the amount of predictability between Euromedis Groupe time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th 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 Euromedis Groupe price movement. The serial correlation of 0.55 indicates that about 55.0% of current Euromedis Groupe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Euromedis Groupe lagged returns against current returns
Autocorrelation, which is Euromedis Groupe 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 Euromedis Groupe's stock expected returns. We can calculate the autocorrelation of Euromedis Groupe returns to help us make a trade decision. For example, suppose you find that Euromedis Groupe 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 |
Euromedis Groupe 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 Euromedis Groupe stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euromedis Groupe stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euromedis Groupe stock over time.
Current vs Lagged Prices |
| Timeline |
Euromedis Groupe Lagged Returns
When evaluating Euromedis Groupe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euromedis Groupe stock have on its future price. Euromedis Groupe 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, Euromedis Groupe autocorrelation shows the relationship between Euromedis Groupe stock current value and its past values and can show if there is a momentum factor associated with investing in Euromedis Groupe 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 Euromedis Stock Analysis
When running Euromedis Groupe's price analysis, check to measure Euromedis Groupe'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 Euromedis Groupe is operating at the current time. Most of Euromedis Groupe's value examination focuses on studying past and present price action to predict the probability of Euromedis Groupe's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euromedis Groupe's price. Additionally, you may evaluate how the addition of Euromedis Groupe to your portfolios can decrease your overall portfolio volatility.