Orange SA (Germany) Market Value
| FTE Stock | 9.99 0.13 1.32% |
| Symbol | Orange |
Orange SA '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 Orange SA'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 Orange SA.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Orange SA on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Orange SA or generate 0.0% return on investment in Orange SA over 720 days. Orange SA is related to or competes with STMicroelectronics, IMPERIAL TOBACCO, UMC Electronics, Richardson Electronics, Electronic Arts, JD SPORTS, and Nucletron Electronic. More
Orange SA 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 Orange SA'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 Orange SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.67 | |||
| Value At Risk | (1.56) | |||
| Potential Upside | 1.33 |
Orange SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orange SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orange SA's standard deviation. In reality, there are many statistical measures that can use Orange SA historical prices to predict the future Orange SA's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.6437 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orange SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Orange SA Backtested Returns
Orange SA maintains Sharpe Ratio (i.e., Efficiency) of -0.065, which implies the firm had a -0.065% return per unit of risk over the last 3 months. Orange SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Orange SA's Risk Adjusted Performance of (0.03), variance of 1.01, and Coefficient Of Variation of (2,401) to confirm the risk estimate we provide. The company holds a Beta of -0.0806, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Orange SA are expected to decrease at a much lower rate. During the bear market, Orange SA is likely to outperform the market. At this point, Orange SA has a negative expected return of -0.0651%. Please make sure to check Orange SA's treynor ratio, and the relationship between the standard deviation and kurtosis , to decide if Orange SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.23 |
Weak reverse predictability
Orange SA has weak reverse predictability. Overlapping area represents the amount of predictability between Orange SA 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 Orange SA price movement. The serial correlation of -0.23 indicates that over 23.0% of current Orange SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Orange SA lagged returns against current returns
Autocorrelation, which is Orange SA 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 Orange SA's stock expected returns. We can calculate the autocorrelation of Orange SA returns to help us make a trade decision. For example, suppose you find that Orange SA 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 |
Orange SA 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 Orange SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orange SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orange SA stock over time.
Current vs Lagged Prices |
| Timeline |
Orange SA Lagged Returns
When evaluating Orange SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orange SA stock have on its future price. Orange SA 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, Orange SA autocorrelation shows the relationship between Orange SA stock current value and its past values and can show if there is a momentum factor associated with investing in Orange 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.Additional Tools for Orange Stock Analysis
When running Orange SA's price analysis, check to measure Orange SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Orange SA is operating at the current time. Most of Orange SA's value examination focuses on studying past and present price action to predict the probability of Orange SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orange SA's price. Additionally, you may evaluate how the addition of Orange SA to your portfolios can decrease your overall portfolio volatility.