Omer Decugis (France) Market Value
| ALODC Stock | 4.55 0.05 1.09% |
| Symbol | Omer |
Omer Decugis '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 Omer Decugis' 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 Omer Decugis.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Omer Decugis on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Omer Decugis Cie or generate 0.0% return on investment in Omer Decugis over 90 days.
Omer Decugis 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 Omer Decugis' 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 Omer Decugis Cie upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.07 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 14.87 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 3.97 |
Omer Decugis Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Omer Decugis' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Omer Decugis' standard deviation. In reality, there are many statistical measures that can use Omer Decugis historical prices to predict the future Omer Decugis' volatility.| Risk Adjusted Performance | 0.0177 | |||
| Jensen Alpha | 0.0195 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.7255 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Omer Decugis' 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.
Omer Decugis Cie Backtested Returns
Omer Decugis Cie maintains Sharpe Ratio (i.e., Efficiency) of -0.0812, which implies the firm had a -0.0812% return per unit of risk over the last 3 months. Omer Decugis Cie exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Omer Decugis' Risk Adjusted Performance of 0.0177, coefficient of variation of 7023.74, and Semi Deviation of 1.82 to confirm the risk estimate we provide. The company holds a Beta of 0.0323, which implies not very significant fluctuations relative to the market. As returns on the market increase, Omer Decugis' returns are expected to increase less than the market. However, during the bear market, the loss of holding Omer Decugis is expected to be smaller as well. At this point, Omer Decugis Cie has a negative expected return of -0.17%. Please make sure to check Omer Decugis' treynor ratio, expected short fall, and the relationship between the jensen alpha and potential upside , to decide if Omer Decugis Cie performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.72 |
Almost perfect reverse predictability
Omer Decugis Cie has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Omer Decugis time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Omer Decugis Cie price movement. The serial correlation of -0.72 indicates that around 72.0% of current Omer Decugis price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.72 | |
| Spearman Rank Test | -0.66 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Omer Decugis Cie lagged returns against current returns
Autocorrelation, which is Omer Decugis 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 Omer Decugis' stock expected returns. We can calculate the autocorrelation of Omer Decugis returns to help us make a trade decision. For example, suppose you find that Omer Decugis 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 |
Omer Decugis 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 Omer Decugis stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Omer Decugis stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Omer Decugis stock over time.
Current vs Lagged Prices |
| Timeline |
Omer Decugis Lagged Returns
When evaluating Omer Decugis' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Omer Decugis stock have on its future price. Omer Decugis 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, Omer Decugis autocorrelation shows the relationship between Omer Decugis stock current value and its past values and can show if there is a momentum factor associated with investing in Omer Decugis Cie.
Regressed Prices |
| Timeline |
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When running Omer Decugis' price analysis, check to measure Omer Decugis' 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 Omer Decugis is operating at the current time. Most of Omer Decugis' value examination focuses on studying past and present price action to predict the probability of Omer Decugis' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Omer Decugis' price. Additionally, you may evaluate how the addition of Omer Decugis to your portfolios can decrease your overall portfolio volatility.