Ramsay Generale (France) Market Value
| GDS Stock | EUR 11.30 0.55 4.64% |
| Symbol | Ramsay |
Ramsay Generale '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 Ramsay Generale'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 Ramsay Generale.
| 06/03/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ramsay Generale on June 3, 2024 and sell it all today you would earn a total of 0.00 from holding Ramsay Generale De or generate 0.0% return on investment in Ramsay Generale over 180 days. Ramsay Generale is related to or competes with Bonduelle SCA, Mtropole Tlvision, JC Decaux, Bnteau SA, and Ipsos SA. Ramsay Gnrale de Sant SA operates clinics and private hospitals in France More
Ramsay Generale 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 Ramsay Generale'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 Ramsay Generale De upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 11.35 | |||
| Value At Risk | (4.64) | |||
| Potential Upside | 2.16 |
Ramsay Generale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramsay Generale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramsay Generale's standard deviation. In reality, there are many statistical measures that can use Ramsay Generale historical prices to predict the future Ramsay Generale's volatility.| Risk Adjusted Performance | (0.19) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.82) | |||
| Treynor Ratio | 1.25 |
Ramsay Generale De Backtested Returns
Ramsay Generale De maintains Sharpe Ratio (i.e., Efficiency) of -0.26, which implies the firm had a -0.26% return per unit of risk over the last 3 months. Ramsay Generale De exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramsay Generale's Risk Adjusted Performance of (0.19), coefficient of variation of (389.87), and Variance of 3.63 to confirm the risk estimate we provide. The company holds a Beta of -0.4, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ramsay Generale are expected to decrease at a much lower rate. During the bear market, Ramsay Generale is likely to outperform the market. At this point, Ramsay Generale De has a negative expected return of -0.49%. Please make sure to check Ramsay Generale's maximum drawdown, daily balance of power, period momentum indicator, as well as the relationship between the skewness and day typical price , to decide if Ramsay Generale De performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.56 |
Modest predictability
Ramsay Generale De has modest predictability. Overlapping area represents the amount of predictability between Ramsay Generale time series from 3rd of June 2024 to 1st of September 2024 and 1st of September 2024 to 30th 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 Ramsay Generale De price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Ramsay Generale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.8 |
Ramsay Generale De lagged returns against current returns
Autocorrelation, which is Ramsay Generale 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 Ramsay Generale's stock expected returns. We can calculate the autocorrelation of Ramsay Generale returns to help us make a trade decision. For example, suppose you find that Ramsay Generale 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 |
Ramsay Generale 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 Ramsay Generale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramsay Generale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramsay Generale stock over time.
Current vs Lagged Prices |
| Timeline |
Ramsay Generale Lagged Returns
When evaluating Ramsay Generale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramsay Generale stock have on its future price. Ramsay Generale 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, Ramsay Generale autocorrelation shows the relationship between Ramsay Generale stock current value and its past values and can show if there is a momentum factor associated with investing in Ramsay Generale De.
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 Ramsay Stock
Ramsay Generale financial ratios help investors to determine whether Ramsay 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 Ramsay with respect to the benefits of owning Ramsay Generale security.