Neolife SA (France) Market Value
| ALNLF Stock | EUR 0.06 0 5.71% |
| Symbol | Neolife |
Neolife 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 Neolife 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 Neolife SA.
| 02/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in Neolife SA on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Neolife SA or generate 0.0% return on investment in Neolife SA over 270 days. Neolife SA is related to or competes with Prodways Group, Claranova, DBV Technologies, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Its solutions enable architects, landscapists, design offices, and building technicians to meet environmental specificat... More
Neolife 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 Neolife 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 Neolife SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 14.97 | |||
| Value At Risk | (4.29) | |||
| Potential Upside | 4.33 |
Neolife SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Neolife SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Neolife SA's standard deviation. In reality, there are many statistical measures that can use Neolife SA historical prices to predict the future Neolife SA's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.58) | |||
| Treynor Ratio | (0.55) |
Neolife SA Backtested Returns
Neolife SA has Sharpe Ratio of -0.0372, which conveys that the firm had a -0.0372% return per unit of risk over the last 3 months. Neolife SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Neolife SA's Standard Deviation of 2.94, mean deviation of 2.04, and Risk Adjusted Performance of (0.02) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.22, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Neolife SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Neolife SA is expected to be smaller as well. At this point, Neolife SA has a negative expected return of -0.11%. Please make sure to verify Neolife SA's value at risk and the relationship between the accumulation distribution and relative strength index , to decide if Neolife SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Neolife SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Neolife SA time series from 27th of February 2024 to 11th of July 2024 and 11th of July 2024 to 23rd 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 Neolife SA price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Neolife SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Neolife SA lagged returns against current returns
Autocorrelation, which is Neolife 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 Neolife SA's stock expected returns. We can calculate the autocorrelation of Neolife SA returns to help us make a trade decision. For example, suppose you find that Neolife 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 |
Neolife 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 Neolife SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Neolife SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Neolife SA stock over time.
Current vs Lagged Prices |
| Timeline |
Neolife SA Lagged Returns
When evaluating Neolife SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Neolife SA stock have on its future price. Neolife 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, Neolife SA autocorrelation shows the relationship between Neolife SA stock current value and its past values and can show if there is a momentum factor associated with investing in Neolife 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 Neolife Stock Analysis
When running Neolife SA's price analysis, check to measure Neolife 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 Neolife SA is operating at the current time. Most of Neolife SA's value examination focuses on studying past and present price action to predict the probability of Neolife 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 Neolife SA's price. Additionally, you may evaluate how the addition of Neolife SA to your portfolios can decrease your overall portfolio volatility.