Groupe LDLC (France) Market Value
| ALLDL Stock | EUR 10.06 0.04 0.40% |
| Symbol | Groupe |
Groupe LDLC '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 LDLC'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 LDLC.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Groupe LDLC on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe LDLC SA or generate 0.0% return on investment in Groupe LDLC over 30 days. Groupe LDLC is related to or competes with Piscines Desjoyaux, Claranova, Trigano SA, Chargeurs, and Derichebourg. Groupe LDLC socit anonyme engages in the online distribution of multimedia and computer hardware products in Europe More
Groupe LDLC 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 LDLC'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 LDLC SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 12.9 | |||
| Value At Risk | (5.12) | |||
| Potential Upside | 3.41 |
Groupe LDLC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe LDLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe LDLC's standard deviation. In reality, there are many statistical measures that can use Groupe LDLC historical prices to predict the future Groupe LDLC's volatility.| Risk Adjusted Performance | (0.10) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.78) | |||
| Treynor Ratio | (0.54) |
Groupe LDLC SA Backtested Returns
Groupe LDLC SA holds Efficiency (Sharpe) Ratio of -0.15, which attests that the entity had a -0.15% return per unit of risk over the last 3 months. Groupe LDLC SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Groupe LDLC's Market Risk Adjusted Performance of (0.53), risk adjusted performance of (0.10), and Standard Deviation of 2.47 to validate the risk estimate we provide. The company retains a Market Volatility (i.e., Beta) of 0.68, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, Groupe LDLC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Groupe LDLC is expected to be smaller as well. At this point, Groupe LDLC SA has a negative expected return of -0.36%. Please make sure to check out Groupe LDLC's accumulation distribution, and the relationship between the value at risk and day typical price , to decide if Groupe LDLC SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.91 |
Excellent predictability
Groupe LDLC SA has excellent predictability. Overlapping area represents the amount of predictability between Groupe LDLC time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 LDLC SA price movement. The serial correlation of 0.91 indicates that approximately 91.0% of current Groupe LDLC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.91 | |
| Spearman Rank Test | 0.5 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Groupe LDLC SA lagged returns against current returns
Autocorrelation, which is Groupe LDLC 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 LDLC's stock expected returns. We can calculate the autocorrelation of Groupe LDLC returns to help us make a trade decision. For example, suppose you find that Groupe LDLC 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 LDLC 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 LDLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe LDLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe LDLC stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe LDLC Lagged Returns
When evaluating Groupe LDLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe LDLC stock have on its future price. Groupe LDLC 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 LDLC autocorrelation shows the relationship between Groupe LDLC stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe LDLC 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 LDLC's price analysis, check to measure Groupe LDLC'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 LDLC is operating at the current time. Most of Groupe LDLC's value examination focuses on studying past and present price action to predict the probability of Groupe LDLC'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 LDLC's price. Additionally, you may evaluate how the addition of Groupe LDLC to your portfolios can decrease your overall portfolio volatility.