Foncire Euris (France) Market Value
| EURS Stock | EUR 0.16 0.00 0.00% |
| Symbol | Foncire |
Foncire Euris '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 Foncire Euris' 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 Foncire Euris.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Foncire Euris on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Foncire Euris SA or generate 0.0% return on investment in Foncire Euris over 720 days. Foncire Euris is related to or competes with Altamir SCA, Fonciere Lyonnaise, and Fonciere Inea. Foncire Euris SA distributes food and specialized products in France and internationally More
Foncire Euris 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 Foncire Euris' 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 Foncire Euris SA upside and downside potential and time the market with a certain degree of confidence.
Foncire Euris Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Foncire Euris' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Foncire Euris' standard deviation. In reality, there are many statistical measures that can use Foncire Euris historical prices to predict the future Foncire Euris' volatility.Foncire Euris SA Backtested Returns
We have found three technical indicators for Foncire Euris SA, which you can use to evaluate the volatility of the firm. The firm shows a Beta (market volatility) of 0.0, which means not very significant fluctuations relative to the market. the returns on MARKET and Foncire Euris are completely uncorrelated.
Auto-correlation | -0.44 |
Modest reverse predictability
Foncire Euris SA has modest reverse predictability. Overlapping area represents the amount of predictability between Foncire Euris 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 Foncire Euris SA price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Foncire Euris price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.97 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Foncire Euris SA lagged returns against current returns
Autocorrelation, which is Foncire Euris 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 Foncire Euris' stock expected returns. We can calculate the autocorrelation of Foncire Euris returns to help us make a trade decision. For example, suppose you find that Foncire Euris 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 |
Foncire Euris 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 Foncire Euris stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Foncire Euris stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Foncire Euris stock over time.
Current vs Lagged Prices |
| Timeline |
Foncire Euris Lagged Returns
When evaluating Foncire Euris' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Foncire Euris stock have on its future price. Foncire Euris 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, Foncire Euris autocorrelation shows the relationship between Foncire Euris stock current value and its past values and can show if there is a momentum factor associated with investing in Foncire Euris 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 Foncire Stock
Foncire Euris financial ratios help investors to determine whether Foncire 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 Foncire with respect to the benefits of owning Foncire Euris security.