Europlasma (France) Market Value
| ALEUP Stock | EUR 0.03 0.0008 2.35% |
| Symbol | Europlasma |
Europlasma '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 Europlasma'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 Europlasma.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Europlasma on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Europlasma SA or generate 0.0% return on investment in Europlasma over 60 days. Europlasma is related to or competes with Prodways Group, Claranova, DBV Technologies, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Europlasma S.A., together with its subsidiaries, engages in plasma solutions, renewable energies, and asbestos waste tre... More
Europlasma 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 Europlasma'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 Europlasma SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.26) | |||
| Maximum Drawdown | 96.67 | |||
| Value At Risk | (10.07) | |||
| Potential Upside | 4.76 |
Europlasma Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Europlasma's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Europlasma's standard deviation. In reality, there are many statistical measures that can use Europlasma historical prices to predict the future Europlasma's volatility.| Risk Adjusted Performance | (0.18) | |||
| Jensen Alpha | (2.11) | |||
| Total Risk Alpha | (4.14) | |||
| Treynor Ratio | 0.7315 |
Europlasma SA Backtested Returns
Europlasma SA secures Sharpe Ratio (or Efficiency) of -0.23, which denotes the company had a -0.23% return per unit of risk over the last 3 months. Europlasma SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Europlasma's Variance of 104.23, mean deviation of 5.06, and Standard Deviation of 10.21 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -3.46, which means a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Europlasma are expected to decrease by larger amounts. On the other hand, during market turmoil, Europlasma is expected to outperform it. At this point, Europlasma SA has a negative expected return of -2.33%. Please make sure to confirm Europlasma's skewness, as well as the relationship between the day median price and relative strength index , to decide if Europlasma SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.66 |
Good predictability
Europlasma SA has good predictability. Overlapping area represents the amount of predictability between Europlasma time series from 25th of September 2024 to 25th of October 2024 and 25th of October 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 Europlasma SA price movement. The serial correlation of 0.66 indicates that around 66.0% of current Europlasma price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | 0.79 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Europlasma SA lagged returns against current returns
Autocorrelation, which is Europlasma 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 Europlasma's stock expected returns. We can calculate the autocorrelation of Europlasma returns to help us make a trade decision. For example, suppose you find that Europlasma 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 |
Europlasma 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 Europlasma stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Europlasma stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Europlasma stock over time.
Current vs Lagged Prices |
| Timeline |
Europlasma Lagged Returns
When evaluating Europlasma's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Europlasma stock have on its future price. Europlasma 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, Europlasma autocorrelation shows the relationship between Europlasma stock current value and its past values and can show if there is a momentum factor associated with investing in Europlasma 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 Europlasma Stock Analysis
When running Europlasma's price analysis, check to measure Europlasma'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 Europlasma is operating at the current time. Most of Europlasma's value examination focuses on studying past and present price action to predict the probability of Europlasma's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Europlasma's price. Additionally, you may evaluate how the addition of Europlasma to your portfolios can decrease your overall portfolio volatility.