Amoeba SA (France) Market Value
| ALMIB Stock | EUR 0.81 0.02 2.41% |
| Symbol | Amoeba |
Amoeba 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 Amoeba 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 Amoeba SA.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Amoeba SA on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Amoeba SA or generate 0.0% return on investment in Amoeba SA over 540 days. Amoeba SA is related to or competes with Gaussin, Blockchain Group, and Gensight Biologics. Amoba S.A. develops and sells biocidal and fungicide products More
Amoeba 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 Amoeba 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 Amoeba SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.75 | |||
| Information Ratio | 0.1211 | |||
| Maximum Drawdown | 12.75 | |||
| Value At Risk | (4.00) | |||
| Potential Upside | 7.14 |
Amoeba SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Amoeba SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Amoeba SA's standard deviation. In reality, there are many statistical measures that can use Amoeba SA historical prices to predict the future Amoeba SA's volatility.| Risk Adjusted Performance | 0.1288 | |||
| Jensen Alpha | 0.4898 | |||
| Total Risk Alpha | 0.0152 | |||
| Sortino Ratio | 0.15 | |||
| Treynor Ratio | 1.62 |
Amoeba SA Backtested Returns
Amoeba SA appears to be extremely dangerous, given 3 months investment horizon. Amoeba SA secures Sharpe Ratio (or Efficiency) of 0.17, which signifies that the company had a 0.17% return per unit of risk over the last 3 months. By analyzing Amoeba SA's technical indicators, you can evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Amoeba SA's Mean Deviation of 2.78, risk adjusted performance of 0.1288, and Downside Deviation of 2.75 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Amoeba SA holds a performance score of 13. The firm shows a Beta (market volatility) of 0.33, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, Amoeba SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Amoeba SA is expected to be smaller as well. Please check Amoeba SA's downside variance, daily balance of power, and the relationship between the maximum drawdown and skewness , to make a quick decision on whether Amoeba SA's price patterns will revert.
Auto-correlation | -0.38 |
Poor reverse predictability
Amoeba SA has poor reverse predictability. Overlapping area represents the amount of predictability between Amoeba SA time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Amoeba SA price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Amoeba SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Amoeba SA lagged returns against current returns
Autocorrelation, which is Amoeba 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 Amoeba SA's stock expected returns. We can calculate the autocorrelation of Amoeba SA returns to help us make a trade decision. For example, suppose you find that Amoeba 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 |
Amoeba 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 Amoeba SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Amoeba SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Amoeba SA stock over time.
Current vs Lagged Prices |
| Timeline |
Amoeba SA Lagged Returns
When evaluating Amoeba SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Amoeba SA stock have on its future price. Amoeba 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, Amoeba SA autocorrelation shows the relationship between Amoeba SA stock current value and its past values and can show if there is a momentum factor associated with investing in Amoeba 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 Amoeba Stock Analysis
When running Amoeba SA's price analysis, check to measure Amoeba 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 Amoeba SA is operating at the current time. Most of Amoeba SA's value examination focuses on studying past and present price action to predict the probability of Amoeba 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 Amoeba SA's price. Additionally, you may evaluate how the addition of Amoeba SA to your portfolios can decrease your overall portfolio volatility.