Groupe CRIT (France) Market Value
| CEN Stock | EUR 65.00 1.40 2.20% |
| Symbol | Groupe |
Groupe CRIT '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 Groupe CRIT'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 Groupe CRIT.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Groupe CRIT on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe CRIT SA or generate 0.0% return on investment in Groupe CRIT over 30 days. Groupe CRIT is related to or competes with Synergie, Alten SA, Manitou BF, Linedata Services, and Aubay Socit. Groupe CRIT SA provides temporary employment and recruitment services to the small and medium-sized businesses and indus... More
Groupe CRIT 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 Groupe CRIT'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 Groupe CRIT SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.98 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.6 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 3.49 |
Groupe CRIT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe CRIT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe CRIT's standard deviation. In reality, there are many statistical measures that can use Groupe CRIT historical prices to predict the future Groupe CRIT's volatility.| Risk Adjusted Performance | 0.0393 | |||
| Jensen Alpha | 0.0957 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.28) |
Groupe CRIT SA Backtested Returns
At this point, Groupe CRIT is very steady. Groupe CRIT SA holds Efficiency (Sharpe) Ratio of 0.0305, which attests that the entity had a 0.0305% return per unit of risk over the last 3 months. We have found thirty technical indicators for Groupe CRIT SA, which you can use to evaluate the volatility of the firm. Please check out Groupe CRIT's Downside Deviation of 1.98, market risk adjusted performance of (0.27), and Risk Adjusted Performance of 0.0393 to validate if the risk estimate we provide is consistent with the expected return of 0.0535%. Groupe CRIT has a performance score of 2 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.24, which attests to not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Groupe CRIT are expected to decrease at a much lower rate. During the bear market, Groupe CRIT is likely to outperform the market. Groupe CRIT SA right now retains a risk of 1.75%. Please check out Groupe CRIT total risk alpha, downside variance, daily balance of power, as well as the relationship between the maximum drawdown and skewness , to decide if Groupe CRIT will be following its current trending patterns.
Auto-correlation | -0.38 |
Poor reverse predictability
Groupe CRIT SA has poor reverse predictability. Overlapping area represents the amount of predictability between Groupe CRIT time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Groupe CRIT SA price movement. The serial correlation of -0.38 indicates that just about 38.0% of current Groupe CRIT price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.38 | |
| Spearman Rank Test | -0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.82 |
Groupe CRIT SA lagged returns against current returns
Autocorrelation, which is Groupe CRIT 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 Groupe CRIT's stock expected returns. We can calculate the autocorrelation of Groupe CRIT returns to help us make a trade decision. For example, suppose you find that Groupe CRIT 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 |
Groupe CRIT 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 Groupe CRIT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe CRIT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe CRIT stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe CRIT Lagged Returns
When evaluating Groupe CRIT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe CRIT stock have on its future price. Groupe CRIT 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, Groupe CRIT autocorrelation shows the relationship between Groupe CRIT stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe CRIT SA.
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 Groupe Stock
Groupe CRIT financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe CRIT security.