Keyrus SA (France) Market Value
| ALKEY Stock | EUR 8.00 0.10 1.23% |
| Symbol | Keyrus |
Keyrus SA '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 Keyrus SA'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 Keyrus SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Keyrus SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Keyrus SA or generate 0.0% return on investment in Keyrus SA over 30 days. Keyrus SA is related to or competes with Infotel SA, IT Link, Bourse Direct, Aubay Socit, and Linedata Services. Keyyo S.A. operates as a telecom services provider in France More
Keyrus SA 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 Keyrus SA'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 Keyrus SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 17.42 | |||
| Value At Risk | (3.66) | |||
| Potential Upside | 3.27 |
Keyrus SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Keyrus SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Keyrus SA's standard deviation. In reality, there are many statistical measures that can use Keyrus SA historical prices to predict the future Keyrus SA's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.64) | |||
| Treynor Ratio | 1.38 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Keyrus SA'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.
Keyrus SA Backtested Returns
Keyrus SA has Sharpe Ratio of -0.0738, which conveys that the firm had a -0.0738% return per unit of risk over the last 3 months. Keyrus SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Keyrus SA's Risk Adjusted Performance of (0.08), mean deviation of 1.47, and Standard Deviation of 2.36 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.2, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Keyrus SA are expected to decrease at a much lower rate. During the bear market, Keyrus SA is likely to outperform the market. At this point, Keyrus SA has a negative expected return of -0.17%. Please make sure to verify Keyrus SA's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Keyrus SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.45 |
Modest reverse predictability
Keyrus SA has modest reverse predictability. Overlapping area represents the amount of predictability between Keyrus SA time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 Keyrus SA price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Keyrus SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Keyrus SA lagged returns against current returns
Autocorrelation, which is Keyrus SA 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 Keyrus SA's stock expected returns. We can calculate the autocorrelation of Keyrus SA returns to help us make a trade decision. For example, suppose you find that Keyrus SA 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 |
Keyrus SA 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 Keyrus SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Keyrus SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Keyrus SA stock over time.
Current vs Lagged Prices |
| Timeline |
Keyrus SA Lagged Returns
When evaluating Keyrus SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Keyrus SA stock have on its future price. Keyrus SA 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, Keyrus SA autocorrelation shows the relationship between Keyrus SA stock current value and its past values and can show if there is a momentum factor associated with investing in Keyrus 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 Keyrus Stock Analysis
When running Keyrus SA's price analysis, check to measure Keyrus SA'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 Keyrus SA is operating at the current time. Most of Keyrus SA's value examination focuses on studying past and present price action to predict the probability of Keyrus SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Keyrus SA's price. Additionally, you may evaluate how the addition of Keyrus SA to your portfolios can decrease your overall portfolio volatility.