Poujoulat (France) Market Value
| ALPJT Stock | EUR 10.20 0.34 3.45% |
| Symbol | Poujoulat |
Poujoulat '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 Poujoulat'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 Poujoulat.
| 09/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Poujoulat on September 27, 2024 and sell it all today you would earn a total of 0.00 from holding Poujoulat SA or generate 0.0% return on investment in Poujoulat over 60 days. Poujoulat is related to or competes with Prodways Group, Claranova, DBV Technologies, Manitou BF, Ossiam Minimum, Ekinops SA, and Orapi SA. Poujoulat SA provides metal chimney flues and stacks in France More
Poujoulat 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 Poujoulat'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 Poujoulat SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.31) | |||
| Maximum Drawdown | 6.14 | |||
| Value At Risk | (3.77) | |||
| Potential Upside | 1.39 |
Poujoulat Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Poujoulat's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Poujoulat's standard deviation. In reality, there are many statistical measures that can use Poujoulat historical prices to predict the future Poujoulat's volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (0.57) | |||
| Treynor Ratio | 1.76 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Poujoulat'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.
Poujoulat SA Backtested Returns
Poujoulat SA maintains Sharpe Ratio (i.e., Efficiency) of -0.19, which implies the firm had a -0.19% return per unit of risk over the last 3 months. Poujoulat SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Poujoulat's Variance of 2.18, coefficient of variation of (439.43), and Risk Adjusted Performance of (0.17) to confirm the risk estimate we provide. The company holds a Beta of -0.2, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Poujoulat are expected to decrease at a much lower rate. During the bear market, Poujoulat is likely to outperform the market. At this point, Poujoulat SA has a negative expected return of -0.28%. Please make sure to check Poujoulat's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Poujoulat SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.08 |
Virtually no predictability
Poujoulat SA has virtually no predictability. Overlapping area represents the amount of predictability between Poujoulat time series from 27th of September 2024 to 27th of October 2024 and 27th 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 Poujoulat SA price movement. The serial correlation of 0.08 indicates that barely 8.0% of current Poujoulat price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.08 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Poujoulat SA lagged returns against current returns
Autocorrelation, which is Poujoulat 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 Poujoulat's stock expected returns. We can calculate the autocorrelation of Poujoulat returns to help us make a trade decision. For example, suppose you find that Poujoulat 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 |
Poujoulat 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 Poujoulat stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Poujoulat stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Poujoulat stock over time.
Current vs Lagged Prices |
| Timeline |
Poujoulat Lagged Returns
When evaluating Poujoulat's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Poujoulat stock have on its future price. Poujoulat 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, Poujoulat autocorrelation shows the relationship between Poujoulat stock current value and its past values and can show if there is a momentum factor associated with investing in Poujoulat 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 Poujoulat Stock Analysis
When running Poujoulat's price analysis, check to measure Poujoulat'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 Poujoulat is operating at the current time. Most of Poujoulat's value examination focuses on studying past and present price action to predict the probability of Poujoulat's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Poujoulat's price. Additionally, you may evaluate how the addition of Poujoulat to your portfolios can decrease your overall portfolio volatility.