Les Docks (France) Market Value
| DPAM Stock | EUR 560.00 20.00 3.45% |
| Symbol | Les |
Les Docks '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 Les Docks' 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 Les Docks.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Les Docks on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Les Docks des or generate 0.0% return on investment in Les Docks over 720 days. Les Docks is related to or competes with Malteries Franco, Graines Voltz, Esso SAF, and Samse SA. Les Docks des Ptroles dAmbs SA engages in the reception, storage, and shipping of petroleum products in France More
Les Docks 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 Les Docks' 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 Les Docks des upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.24 | |||
| Information Ratio | 0.0092 | |||
| Maximum Drawdown | 8.74 | |||
| Value At Risk | (1.94) | |||
| Potential Upside | 1.96 |
Les Docks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Les Docks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Les Docks' standard deviation. In reality, there are many statistical measures that can use Les Docks historical prices to predict the future Les Docks' volatility.| Risk Adjusted Performance | 0.0732 | |||
| Jensen Alpha | 0.12 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0064 | |||
| Treynor Ratio | 1.7 |
Les Docks des Backtested Returns
At this point, Les Docks is very steady. Les Docks des has Sharpe Ratio of 0.0898, which conveys that the firm had a 0.0898% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Les Docks, which you can use to evaluate the volatility of the firm. Please verify Les Docks' Mean Deviation of 0.8115, downside deviation of 2.24, and Risk Adjusted Performance of 0.0732 to check out if the risk estimate we provide is consistent with the expected return of 0.14%. Les Docks has a performance score of 7 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.0756, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Les Docks' returns are expected to increase less than the market. However, during the bear market, the loss of holding Les Docks is expected to be smaller as well. Les Docks des right now secures a risk of 1.57%. Please verify Les Docks des total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Les Docks des will be following its current price movements.
Auto-correlation | 0.33 |
Below average predictability
Les Docks des has below average predictability. Overlapping area represents the amount of predictability between Les Docks time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd of December 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 Les Docks des price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Les Docks price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 1001.75 |
Les Docks des lagged returns against current returns
Autocorrelation, which is Les Docks 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 Les Docks' stock expected returns. We can calculate the autocorrelation of Les Docks returns to help us make a trade decision. For example, suppose you find that Les Docks 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 |
Les Docks 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 Les Docks stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Les Docks stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Les Docks stock over time.
Current vs Lagged Prices |
| Timeline |
Les Docks Lagged Returns
When evaluating Les Docks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Les Docks stock have on its future price. Les Docks 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, Les Docks autocorrelation shows the relationship between Les Docks stock current value and its past values and can show if there is a momentum factor associated with investing in Les Docks des.
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 Les Stock
Les Docks financial ratios help investors to determine whether Les 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 Les with respect to the benefits of owning Les Docks security.