Compagnie Des (France) Market Value
| CDA Stock | EUR 14.80 0.08 0.54% |
| Symbol | Compagnie |
Compagnie Des '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 Compagnie Des' 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 Compagnie Des.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Compagnie Des on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Compagnie des Alpes or generate 0.0% return on investment in Compagnie Des over 30 days. Compagnie Des is related to or competes with X Fab, Eurazeo, Groep Brussel, Bnteau SA, and Tessenderlo. Compagnie des Alpes SA, together with its subsidiaries, operates leisure facilities More
Compagnie Des 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 Compagnie Des' 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 Compagnie des Alpes upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | 0.0114 | |||
| Maximum Drawdown | 6.12 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.85 |
Compagnie Des Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie Des' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie Des' standard deviation. In reality, there are many statistical measures that can use Compagnie Des historical prices to predict the future Compagnie Des' volatility.| Risk Adjusted Performance | 0.1003 | |||
| Jensen Alpha | 0.1512 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | (0.63) |
Compagnie des Alpes Backtested Returns
At this point, Compagnie Des is very steady. Compagnie des Alpes secures Sharpe Ratio (or Efficiency) of 0.0881, which signifies that the company had a 0.0881% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Compagnie des Alpes, which you can use to evaluate the volatility of the firm. Please confirm Compagnie Des' Downside Deviation of 1.16, risk adjusted performance of 0.1003, and Mean Deviation of 0.8024 to double-check if the risk estimate we provide is consistent with the expected return of 0.0948%. Compagnie Des has a performance score of 6 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.2, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compagnie Des are expected to decrease at a much lower rate. During the bear market, Compagnie Des is likely to outperform the market. Compagnie des Alpes right now shows a risk of 1.08%. Please confirm Compagnie des Alpes treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to decide if Compagnie des Alpes will be following its price patterns.
Auto-correlation | -0.65 |
Very good reverse predictability
Compagnie des Alpes has very good reverse predictability. Overlapping area represents the amount of predictability between Compagnie Des time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Compagnie des Alpes price movement. The serial correlation of -0.65 indicates that roughly 65.0% of current Compagnie Des price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.65 | |
| Spearman Rank Test | -0.94 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Compagnie des Alpes lagged returns against current returns
Autocorrelation, which is Compagnie Des 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 Compagnie Des' stock expected returns. We can calculate the autocorrelation of Compagnie Des returns to help us make a trade decision. For example, suppose you find that Compagnie Des 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 |
Compagnie Des 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 Compagnie Des stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie Des stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie Des stock over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Des Lagged Returns
When evaluating Compagnie Des' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie Des stock have on its future price. Compagnie Des 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, Compagnie Des autocorrelation shows the relationship between Compagnie Des stock current value and its past values and can show if there is a momentum factor associated with investing in Compagnie des Alpes.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Compagnie Stock
Compagnie Des financial ratios help investors to determine whether Compagnie Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Compagnie with respect to the benefits of owning Compagnie Des security.