Fleury Michon (France) Market Value
| ALFLE Stock | EUR 25.00 0.20 0.81% |
| Symbol | Fleury |
Fleury Michon '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 Fleury Michon'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 Fleury Michon.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in Fleury Michon on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding Fleury Michon or generate 0.0% return on investment in Fleury Michon over 270 days. Fleury Michon is related to or competes with LOreal SA, Sanofi SA, Air Liquide, AXA SA, and Carrefour. Fleury Michon SA produces and sells food products in France and internationally More
Fleury Michon 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 Fleury Michon'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 Fleury Michon upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (2.33) | |||
| Potential Upside | 2.19 |
Fleury Michon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Fleury Michon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Fleury Michon's standard deviation. In reality, there are many statistical measures that can use Fleury Michon historical prices to predict the future Fleury Michon's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.9182 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Fleury Michon's 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.
Fleury Michon Backtested Returns
Fleury Michon secures Sharpe Ratio (or Efficiency) of -0.11, which denotes the company had a -0.11% return per unit of risk over the last 3 months. Fleury Michon exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Fleury Michon's Mean Deviation of 1.02, variance of 2.12, and Standard Deviation of 1.46 to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.15, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Fleury Michon are expected to decrease at a much lower rate. During the bear market, Fleury Michon is likely to outperform the market. At this point, Fleury Michon has a negative expected return of -0.16%. Please make sure to confirm Fleury Michon's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Fleury Michon performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.75 |
Almost perfect reverse predictability
Fleury Michon has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Fleury Michon time series from 29th of February 2024 to 13th of July 2024 and 13th of July 2024 to 25th 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 Fleury Michon price movement. The serial correlation of -0.75 indicates that around 75.0% of current Fleury Michon price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.75 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 3.24 |
Fleury Michon lagged returns against current returns
Autocorrelation, which is Fleury Michon 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 Fleury Michon's stock expected returns. We can calculate the autocorrelation of Fleury Michon returns to help us make a trade decision. For example, suppose you find that Fleury Michon 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 |
Fleury Michon 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 Fleury Michon stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Fleury Michon stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Fleury Michon stock over time.
Current vs Lagged Prices |
| Timeline |
Fleury Michon Lagged Returns
When evaluating Fleury Michon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Fleury Michon stock have on its future price. Fleury Michon 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, Fleury Michon autocorrelation shows the relationship between Fleury Michon stock current value and its past values and can show if there is a momentum factor associated with investing in Fleury Michon.
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 Fleury Stock Analysis
When running Fleury Michon's price analysis, check to measure Fleury Michon'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 Fleury Michon is operating at the current time. Most of Fleury Michon's value examination focuses on studying past and present price action to predict the probability of Fleury Michon's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fleury Michon's price. Additionally, you may evaluate how the addition of Fleury Michon to your portfolios can decrease your overall portfolio volatility.