NamR SA (France) Market Value
| ALNMR Stock | 0.40 0.06 13.04% |
| Symbol | NamR |
NamR 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 NamR 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 NamR SA.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in NamR SA on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding NamR SA or generate 0.0% return on investment in NamR SA over 510 days.
NamR 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 NamR 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 NamR SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 34.71 | |||
| Value At Risk | (14.75) | |||
| Potential Upside | 10.4 |
NamR SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for NamR SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as NamR SA's standard deviation. In reality, there are many statistical measures that can use NamR SA historical prices to predict the future NamR SA's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (1.39) | |||
| Total Risk Alpha | (2.61) | |||
| Treynor Ratio | 1.02 |
NamR SA Backtested Returns
NamR SA has Sharpe Ratio of -0.21, which conveys that the firm had a -0.21% return per unit of risk over the last 3 months. NamR SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify NamR SA's Risk Adjusted Performance of (0.17), standard deviation of 6.68, and Mean Deviation of 4.55 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -1.53, which conveys a somewhat significant risk relative to the market. As returns on the market increase, returns on owning NamR SA are expected to decrease by larger amounts. On the other hand, during market turmoil, NamR SA is expected to outperform it. At this point, NamR SA has a negative expected return of -1.5%. Please make sure to verify NamR SA's value at risk, as well as the relationship between the daily balance of power and price action indicator , to decide if NamR SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.34 |
Poor reverse predictability
NamR SA has poor reverse predictability. Overlapping area represents the amount of predictability between NamR SA time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 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 NamR SA price movement. The serial correlation of -0.34 indicates that nearly 34.0% of current NamR SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.34 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
NamR SA lagged returns against current returns
Autocorrelation, which is NamR 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 NamR SA's stock expected returns. We can calculate the autocorrelation of NamR SA returns to help us make a trade decision. For example, suppose you find that NamR 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 |
NamR 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 NamR SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if NamR SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in NamR SA stock over time.
Current vs Lagged Prices |
| Timeline |
NamR SA Lagged Returns
When evaluating NamR SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of NamR SA stock have on its future price. NamR 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, NamR SA autocorrelation shows the relationship between NamR SA stock current value and its past values and can show if there is a momentum factor associated with investing in NamR 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 NamR Stock Analysis
When running NamR SA's price analysis, check to measure NamR 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 NamR SA is operating at the current time. Most of NamR SA's value examination focuses on studying past and present price action to predict the probability of NamR 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 NamR SA's price. Additionally, you may evaluate how the addition of NamR SA to your portfolios can decrease your overall portfolio volatility.