Chargeurs (France) Market Value
| CRI Stock | EUR 10.04 0.06 0.60% |
| Symbol | Chargeurs |
Chargeurs '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 Chargeurs' 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 Chargeurs.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Chargeurs on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Chargeurs SA or generate 0.0% return on investment in Chargeurs over 720 days. Chargeurs is related to or competes with Derichebourg, Trigano SA, Rubis SCA, BigBen Interactive, and Gaztransport Technigaz. Chargeurs SA operates as a manufacturing and services company in France and internationally More
Chargeurs 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 Chargeurs' 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 Chargeurs SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 10.73 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 3.21 |
Chargeurs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Chargeurs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Chargeurs' standard deviation. In reality, there are many statistical measures that can use Chargeurs historical prices to predict the future Chargeurs' volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 94.81 |
Chargeurs SA Backtested Returns
Chargeurs SA secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Chargeurs SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Chargeurs' mean deviation of 1.42, and Risk Adjusted Performance of (0.08) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.0026, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Chargeurs are expected to decrease at a much lower rate. During the bear market, Chargeurs is likely to outperform the market. At this point, Chargeurs SA has a negative expected return of -0.25%. Please make sure to confirm Chargeurs' maximum drawdown, rate of daily change, and the relationship between the jensen alpha and kurtosis , to decide if Chargeurs SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.41 |
Average predictability
Chargeurs SA has average predictability. Overlapping area represents the amount of predictability between Chargeurs time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Chargeurs SA price movement. The serial correlation of 0.41 indicates that just about 41.0% of current Chargeurs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.41 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 1.25 |
Chargeurs SA lagged returns against current returns
Autocorrelation, which is Chargeurs 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 Chargeurs' stock expected returns. We can calculate the autocorrelation of Chargeurs returns to help us make a trade decision. For example, suppose you find that Chargeurs 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 |
Chargeurs 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 Chargeurs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Chargeurs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Chargeurs stock over time.
Current vs Lagged Prices |
| Timeline |
Chargeurs Lagged Returns
When evaluating Chargeurs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Chargeurs stock have on its future price. Chargeurs 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, Chargeurs autocorrelation shows the relationship between Chargeurs stock current value and its past values and can show if there is a momentum factor associated with investing in Chargeurs 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.Other Information on Investing in Chargeurs Stock
Chargeurs financial ratios help investors to determine whether Chargeurs 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 Chargeurs with respect to the benefits of owning Chargeurs security.