Financiere Marjos (France) Market Value
| FINM Stock | EUR 0.10 0.01 9.09% |
| Symbol | Financiere |
Financiere Marjos '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 Financiere Marjos' 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 Financiere Marjos.
| 08/31/2024 |
| 11/29/2024 |
If you would invest 0.00 in Financiere Marjos on August 31, 2024 and sell it all today you would earn a total of 0.00 from holding Financiere Marjos SA or generate 0.0% return on investment in Financiere Marjos over 90 days. Financiere Marjos is related to or competes with Fiducial Office, Foncire Euris, Bernard Loisea, and Coheris SA. Financire Marjos SA engages in the creation, installation, acquisition, and operation of various companies in France and... More
Financiere Marjos 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 Financiere Marjos' 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 Financiere Marjos SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.1429 | |||
| Maximum Drawdown | 29.38 | |||
| Potential Upside | 13.82 |
Financiere Marjos Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Financiere Marjos' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Financiere Marjos' standard deviation. In reality, there are many statistical measures that can use Financiere Marjos historical prices to predict the future Financiere Marjos' volatility.| Risk Adjusted Performance | 0.139 | |||
| Jensen Alpha | 0.724 | |||
| Total Risk Alpha | 0.0806 | |||
| Treynor Ratio | 2.34 |
Financiere Marjos Backtested Returns
Financiere Marjos appears to be out of control, given 3 months investment horizon. Financiere Marjos secures Sharpe Ratio (or Efficiency) of 0.17, which denotes the company had a 0.17% return per unit of risk over the last 3 months. By reviewing Financiere Marjos' technical indicators, you can evaluate if the expected return of 0.77% is justified by implied risk. Please utilize Financiere Marjos' Mean Deviation of 2.12, variance of 20.45, and Standard Deviation of 4.52 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Financiere Marjos holds a performance score of 13. The firm shows a Beta (market volatility) of 0.32, which means possible diversification benefits within a given portfolio. As returns on the market increase, Financiere Marjos' returns are expected to increase less than the market. However, during the bear market, the loss of holding Financiere Marjos is expected to be smaller as well. Please check Financiere Marjos' total risk alpha, skewness, and the relationship between the jensen alpha and potential upside , to make a quick decision on whether Financiere Marjos' price patterns will revert.
Auto-correlation | -0.25 |
Weak reverse predictability
Financiere Marjos SA has weak reverse predictability. Overlapping area represents the amount of predictability between Financiere Marjos time series from 31st of August 2024 to 15th of October 2024 and 15th of October 2024 to 29th 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 Financiere Marjos price movement. The serial correlation of -0.25 indicates that over 25.0% of current Financiere Marjos price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Financiere Marjos lagged returns against current returns
Autocorrelation, which is Financiere Marjos 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 Financiere Marjos' stock expected returns. We can calculate the autocorrelation of Financiere Marjos returns to help us make a trade decision. For example, suppose you find that Financiere Marjos 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 |
Financiere Marjos 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 Financiere Marjos stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Financiere Marjos stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Financiere Marjos stock over time.
Current vs Lagged Prices |
| Timeline |
Financiere Marjos Lagged Returns
When evaluating Financiere Marjos' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Financiere Marjos stock have on its future price. Financiere Marjos 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, Financiere Marjos autocorrelation shows the relationship between Financiere Marjos stock current value and its past values and can show if there is a momentum factor associated with investing in Financiere Marjos 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 Financiere Stock
Financiere Marjos financial ratios help investors to determine whether Financiere 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 Financiere with respect to the benefits of owning Financiere Marjos security.