Groupe Tera (France) Market Value
| ALGTR Stock | 2.06 0.24 13.19% |
| Symbol | Groupe |
Groupe Tera '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 Groupe Tera'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 Groupe Tera.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Groupe Tera on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe Tera SA or generate 0.0% return on investment in Groupe Tera over 30 days. Groupe Tera is related to or competes with Moulinvest, and Agripower France. More
Groupe Tera 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 Groupe Tera'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 Groupe Tera SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 43.24 | |||
| Value At Risk | (10.71) | |||
| Potential Upside | 9.33 |
Groupe Tera Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe Tera's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe Tera's standard deviation. In reality, there are many statistical measures that can use Groupe Tera historical prices to predict the future Groupe Tera's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | (0.64) |
Groupe Tera SA Backtested Returns
Groupe Tera SA holds Efficiency (Sharpe) Ratio of -0.0765, which attests that the entity had a -0.0765% return per unit of risk over the last 3 months. Groupe Tera SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Groupe Tera's Risk Adjusted Performance of (0.05), standard deviation of 5.89, and Market Risk Adjusted Performance of (0.63) to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.71, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Groupe Tera's returns are expected to increase less than the market. However, during the bear market, the loss of holding Groupe Tera is expected to be smaller as well. At this point, Groupe Tera SA has a negative expected return of -0.45%. Please make sure to check out Groupe Tera's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Groupe Tera SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Groupe Tera SA has weak predictability. Overlapping area represents the amount of predictability between Groupe Tera time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 Groupe Tera SA price movement. The serial correlation of 0.22 indicates that over 22.0% of current Groupe Tera price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.06 |
Groupe Tera SA lagged returns against current returns
Autocorrelation, which is Groupe Tera 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 Groupe Tera's stock expected returns. We can calculate the autocorrelation of Groupe Tera returns to help us make a trade decision. For example, suppose you find that Groupe Tera 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 |
Groupe Tera 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 Groupe Tera stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe Tera stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe Tera stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe Tera Lagged Returns
When evaluating Groupe Tera's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe Tera stock have on its future price. Groupe Tera 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, Groupe Tera autocorrelation shows the relationship between Groupe Tera stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe Tera 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 Groupe Stock Analysis
When running Groupe Tera's price analysis, check to measure Groupe Tera'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 Groupe Tera is operating at the current time. Most of Groupe Tera's value examination focuses on studying past and present price action to predict the probability of Groupe Tera's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Groupe Tera's price. Additionally, you may evaluate how the addition of Groupe Tera to your portfolios can decrease your overall portfolio volatility.