Grolleau SAS (France) Market Value
| ALGRO Stock | 4.20 0.03 0.71% |
| Symbol | Grolleau |
Grolleau SAS '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 Grolleau SAS'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 Grolleau SAS.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Grolleau SAS on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Grolleau SAS or generate 0.0% return on investment in Grolleau SAS over 510 days.
Grolleau SAS 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 Grolleau SAS'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 Grolleau SAS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 17.17 | |||
| Value At Risk | (5.41) | |||
| Potential Upside | 6.68 |
Grolleau SAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grolleau SAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grolleau SAS's standard deviation. In reality, there are many statistical measures that can use Grolleau SAS historical prices to predict the future Grolleau SAS's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.92) | |||
| Treynor Ratio | (1.16) |
Grolleau SAS Backtested Returns
Grolleau SAS holds Efficiency (Sharpe) Ratio of -0.0868, which attests that the entity had a -0.0868% return per unit of risk over the last 3 months. Grolleau SAS exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Grolleau SAS's Risk Adjusted Performance of (0.08), market risk adjusted performance of (1.15), and Standard Deviation of 3.29 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.35, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Grolleau SAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Grolleau SAS is expected to be smaller as well. At this point, Grolleau SAS has a negative expected return of -0.28%. Please make sure to check out Grolleau SAS's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Grolleau SAS performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.59 |
Modest predictability
Grolleau SAS has modest predictability. Overlapping area represents the amount of predictability between Grolleau SAS time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Grolleau SAS price movement. The serial correlation of 0.59 indicates that roughly 59.0% of current Grolleau SAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.59 | |
| Spearman Rank Test | 0.35 | |
| Residual Average | 0.0 | |
| Price Variance | 0.73 |
Grolleau SAS lagged returns against current returns
Autocorrelation, which is Grolleau SAS 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 Grolleau SAS's stock expected returns. We can calculate the autocorrelation of Grolleau SAS returns to help us make a trade decision. For example, suppose you find that Grolleau SAS 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 |
Grolleau SAS 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 Grolleau SAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grolleau SAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grolleau SAS stock over time.
Current vs Lagged Prices |
| Timeline |
Grolleau SAS Lagged Returns
When evaluating Grolleau SAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grolleau SAS stock have on its future price. Grolleau SAS 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, Grolleau SAS autocorrelation shows the relationship between Grolleau SAS stock current value and its past values and can show if there is a momentum factor associated with investing in Grolleau SAS.
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 Grolleau Stock Analysis
When running Grolleau SAS's price analysis, check to measure Grolleau SAS'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 Grolleau SAS is operating at the current time. Most of Grolleau SAS's value examination focuses on studying past and present price action to predict the probability of Grolleau SAS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Grolleau SAS's price. Additionally, you may evaluate how the addition of Grolleau SAS to your portfolios can decrease your overall portfolio volatility.