La Franaise (Austria) Market Value
| FDJ Stock | EUR 38.02 0.04 0.11% |
| Symbol | FDJ |
La Franaise '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 La Franaise'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 La Franaise.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in La Franaise on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding La Franaise des or generate 0.0% return on investment in La Franaise over 720 days. La Franaise is related to or competes with CNH Industrial, Oberbank, Erste Group, Addiko Bank, and AMAG Austria. La Franaise des Jeux Socit anonyme operates lottery and online sports betting games worldwide More
La Franaise 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 La Franaise'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 La Franaise des upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.71 | |||
| Value At Risk | (1.24) | |||
| Potential Upside | 2.17 |
La Franaise Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for La Franaise's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as La Franaise's standard deviation. In reality, there are many statistical measures that can use La Franaise historical prices to predict the future La Franaise's volatility.| Risk Adjusted Performance | 0.043 | |||
| Jensen Alpha | 0.0733 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.86) |
La Franaise des Backtested Returns
La Franaise is very steady at the moment. La Franaise des retains Efficiency (Sharpe Ratio) of 0.0469, which conveys that the firm had a 0.0469% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for La Franaise, which you can use to evaluate the volatility of the firm. Please verify La Franaise's Mean Deviation of 0.9198, standard deviation of 1.52, and Market Risk Adjusted Performance of (0.85) to check out if the risk estimate we provide is consistent with the expected return of 0.0719%. La Franaise has a performance score of 3 on a scale of 0 to 100. The company owns a Beta (Systematic Risk) of -0.0765, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning La Franaise are expected to decrease at a much lower rate. During the bear market, La Franaise is likely to outperform the market. La Franaise des at this moment owns a risk of 1.53%. Please verify La Franaise des value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if La Franaise des will be following its current price history.
Auto-correlation | -0.62 |
Very good reverse predictability
La Franaise des has very good reverse predictability. Overlapping area represents the amount of predictability between La Franaise 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 La Franaise des price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current La Franaise price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 5.37 |
La Franaise des lagged returns against current returns
Autocorrelation, which is La Franaise 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 La Franaise's stock expected returns. We can calculate the autocorrelation of La Franaise returns to help us make a trade decision. For example, suppose you find that La Franaise 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 |
La Franaise 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 La Franaise stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if La Franaise stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in La Franaise stock over time.
Current vs Lagged Prices |
| Timeline |
La Franaise Lagged Returns
When evaluating La Franaise's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of La Franaise stock have on its future price. La Franaise 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, La Franaise autocorrelation shows the relationship between La Franaise stock current value and its past values and can show if there is a momentum factor associated with investing in La Franaise des.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in FDJ Stock
La Franaise financial ratios help investors to determine whether FDJ 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 FDJ with respect to the benefits of owning La Franaise security.