U10 SA (France) Market Value
| ALU10 Stock | 1.46 0.04 2.67% |
| Symbol | U10 |
U10 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 U10 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 U10 SA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in U10 SA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding U10 SA or generate 0.0% return on investment in U10 SA over 30 days.
U10 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 U10 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 U10 SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 2.42 |
U10 SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for U10 SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as U10 SA's standard deviation. In reality, there are many statistical measures that can use U10 SA historical prices to predict the future U10 SA's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.35) | |||
| Treynor Ratio | 0.1515 |
U10 SA Backtested Returns
U10 SA retains Efficiency (Sharpe Ratio) of -0.0889, which indicates the company had a -0.0889% return per unit of risk over the last 3 months. U10 SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate U10 SA's Information Ratio of (0.08), variance of 3.65, and Market Risk Adjusted Performance of 0.1615 to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning U10 SA are expected to decrease at a much lower rate. During the bear market, U10 SA is likely to outperform the market. At this point, U10 SA has a negative expected return of -0.14%. Please make sure to validate U10 SA's market risk adjusted performance, coefficient of variation, information ratio, as well as the relationship between the mean deviation and standard deviation , to decide if U10 SA performance from the past will be repeated sooner or later.
Auto-correlation | 0.68 |
Good predictability
U10 SA has good predictability. Overlapping area represents the amount of predictability between U10 SA time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 U10 SA price movement. The serial correlation of 0.68 indicates that around 68.0% of current U10 SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.68 | |
| Spearman Rank Test | 0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
U10 SA lagged returns against current returns
Autocorrelation, which is U10 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 U10 SA's stock expected returns. We can calculate the autocorrelation of U10 SA returns to help us make a trade decision. For example, suppose you find that U10 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 |
U10 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 U10 SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if U10 SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in U10 SA stock over time.
Current vs Lagged Prices |
| Timeline |
U10 SA Lagged Returns
When evaluating U10 SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of U10 SA stock have on its future price. U10 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, U10 SA autocorrelation shows the relationship between U10 SA stock current value and its past values and can show if there is a momentum factor associated with investing in U10 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 U10 Stock Analysis
When running U10 SA's price analysis, check to measure U10 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 U10 SA is operating at the current time. Most of U10 SA's value examination focuses on studying past and present price action to predict the probability of U10 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 U10 SA's price. Additionally, you may evaluate how the addition of U10 SA to your portfolios can decrease your overall portfolio volatility.