Methanor (France) Market Value
| ALMET Stock | EUR 1.78 0.02 1.11% |
| Symbol | Methanor |
Methanor '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 Methanor'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 Methanor.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in Methanor on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding Methanor or generate 0.0% return on investment in Methanor over 690 days. Methanor is related to or competes with Neurones, Aubay Socit, Infotel SA, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Mthanor SCA develops and operates agricultural biogas units in France More
Methanor 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 Methanor'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 Methanor upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 23.34 | |||
| Value At Risk | (6.52) | |||
| Potential Upside | 6.05 |
Methanor Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Methanor's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Methanor's standard deviation. In reality, there are many statistical measures that can use Methanor historical prices to predict the future Methanor's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (0.55) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Methanor'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.
Methanor Backtested Returns
Methanor has Sharpe Ratio of -0.0949, which conveys that the firm had a -0.0949% return per unit of risk over the last 3 months. Methanor exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Methanor's Risk Adjusted Performance of (0.05), mean deviation of 2.52, and Standard Deviation of 4.03 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.58, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Methanor's returns are expected to increase less than the market. However, during the bear market, the loss of holding Methanor is expected to be smaller as well. At this point, Methanor has a negative expected return of -0.38%. Please make sure to verify Methanor's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Methanor performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Methanor has good predictability. Overlapping area represents the amount of predictability between Methanor time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 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 Methanor price movement. The serial correlation of 0.67 indicates that around 67.0% of current Methanor price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Methanor lagged returns against current returns
Autocorrelation, which is Methanor 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 Methanor's stock expected returns. We can calculate the autocorrelation of Methanor returns to help us make a trade decision. For example, suppose you find that Methanor 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 |
Methanor 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 Methanor stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Methanor stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Methanor stock over time.
Current vs Lagged Prices |
| Timeline |
Methanor Lagged Returns
When evaluating Methanor's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Methanor stock have on its future price. Methanor 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, Methanor autocorrelation shows the relationship between Methanor stock current value and its past values and can show if there is a momentum factor associated with investing in Methanor.
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 Methanor Stock Analysis
When running Methanor's price analysis, check to measure Methanor'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 Methanor is operating at the current time. Most of Methanor's value examination focuses on studying past and present price action to predict the probability of Methanor's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Methanor's price. Additionally, you may evaluate how the addition of Methanor to your portfolios can decrease your overall portfolio volatility.