Signaux Girod (France) Market Value
| ALGIR Stock | 13.80 0.10 0.72% |
| Symbol | Signaux |
Signaux Girod '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 Signaux Girod'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 Signaux Girod.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Signaux Girod on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Signaux Girod or generate 0.0% return on investment in Signaux Girod over 90 days.
Signaux Girod 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 Signaux Girod'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 Signaux Girod upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 8.76 | |||
| Value At Risk | (4.86) | |||
| Potential Upside | 2.36 |
Signaux Girod Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Signaux Girod's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Signaux Girod's standard deviation. In reality, there are many statistical measures that can use Signaux Girod historical prices to predict the future Signaux Girod's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.5825 |
Signaux Girod Backtested Returns
Signaux Girod owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.022, which indicates the firm had a -0.022% return per unit of risk over the last 3 months. Signaux Girod exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Signaux Girod's Variance of 4.66, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,256) to confirm the risk estimate we provide. The entity has a beta of -0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Signaux Girod are expected to decrease at a much lower rate. During the bear market, Signaux Girod is likely to outperform the market. At this point, Signaux Girod has a negative expected return of -0.0448%. Please make sure to validate Signaux Girod's treynor ratio, as well as the relationship between the kurtosis and day typical price , to decide if Signaux Girod performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.12 |
Insignificant predictability
Signaux Girod has insignificant predictability. Overlapping area represents the amount of predictability between Signaux Girod time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Signaux Girod price movement. The serial correlation of 0.12 indicates that less than 12.0% of current Signaux Girod price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.12 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Signaux Girod lagged returns against current returns
Autocorrelation, which is Signaux Girod 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 Signaux Girod's stock expected returns. We can calculate the autocorrelation of Signaux Girod returns to help us make a trade decision. For example, suppose you find that Signaux Girod 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 |
Signaux Girod 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 Signaux Girod stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Signaux Girod stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Signaux Girod stock over time.
Current vs Lagged Prices |
| Timeline |
Signaux Girod Lagged Returns
When evaluating Signaux Girod's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Signaux Girod stock have on its future price. Signaux Girod 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, Signaux Girod autocorrelation shows the relationship between Signaux Girod stock current value and its past values and can show if there is a momentum factor associated with investing in Signaux Girod.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Signaux Stock Analysis
When running Signaux Girod's price analysis, check to measure Signaux Girod'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 Signaux Girod is operating at the current time. Most of Signaux Girod's value examination focuses on studying past and present price action to predict the probability of Signaux Girod's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signaux Girod's price. Additionally, you may evaluate how the addition of Signaux Girod to your portfolios can decrease your overall portfolio volatility.