Groupe Pizzorno (France) Market Value
| GPE Stock | EUR 80.20 2.60 3.14% |
| Symbol | Groupe |
Groupe Pizzorno '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 Groupe Pizzorno'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 Groupe Pizzorno.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Groupe Pizzorno on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe Pizzorno Environnement or generate 0.0% return on investment in Groupe Pizzorno over 30 days. Groupe Pizzorno is related to or competes with Seche Environnem, Derichebourg, Assystem, and ABC Arbitrage. Groupe Pizzorno Environnement provides environmental services primarily in France More
Groupe Pizzorno 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 Groupe Pizzorno'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 Groupe Pizzorno Environnement upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 6.67 | |||
| Value At Risk | (1.84) | |||
| Potential Upside | 1.97 |
Groupe Pizzorno Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe Pizzorno's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe Pizzorno's standard deviation. In reality, there are many statistical measures that can use Groupe Pizzorno historical prices to predict the future Groupe Pizzorno's volatility.| Risk Adjusted Performance | 0.0764 | |||
| Jensen Alpha | 0.1486 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | (0.37) |
Groupe Pizzorno Envi Backtested Returns
At this point, Groupe Pizzorno is very steady. Groupe Pizzorno Envi holds Efficiency (Sharpe) Ratio of 0.0739, which attests that the entity had a 0.0739% return per unit of risk over the last 3 months. We have found thirty technical indicators for Groupe Pizzorno Envi, which you can use to evaluate the volatility of the firm. Please check out Groupe Pizzorno's Downside Deviation of 1.3, market risk adjusted performance of (0.36), and Risk Adjusted Performance of 0.0764 to validate if the risk estimate we provide is consistent with the expected return of 0.0949%. Groupe Pizzorno has a performance score of 5 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of -0.3, which attests to possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Groupe Pizzorno are expected to decrease at a much lower rate. During the bear market, Groupe Pizzorno is likely to outperform the market. Groupe Pizzorno Envi right now retains a risk of 1.28%. Please check out Groupe Pizzorno sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to decide if Groupe Pizzorno will be following its current trending patterns.
Auto-correlation | -0.1 |
Very weak reverse predictability
Groupe Pizzorno Environnement has very weak reverse predictability. Overlapping area represents the amount of predictability between Groupe Pizzorno time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Groupe Pizzorno Envi price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Groupe Pizzorno price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
Groupe Pizzorno Envi lagged returns against current returns
Autocorrelation, which is Groupe Pizzorno 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 Groupe Pizzorno's stock expected returns. We can calculate the autocorrelation of Groupe Pizzorno returns to help us make a trade decision. For example, suppose you find that Groupe Pizzorno 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 |
Groupe Pizzorno 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 Groupe Pizzorno stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe Pizzorno stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe Pizzorno stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe Pizzorno Lagged Returns
When evaluating Groupe Pizzorno's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe Pizzorno stock have on its future price. Groupe Pizzorno 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, Groupe Pizzorno autocorrelation shows the relationship between Groupe Pizzorno stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe Pizzorno Environnement.
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 Groupe Stock
Groupe Pizzorno financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe Pizzorno security.