Icade SA (France) Market Value
| ICAD Stock | EUR 22.18 0.58 2.55% |
| Symbol | Icade |
Icade 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 Icade 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 Icade SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Icade SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Icade SA or generate 0.0% return on investment in Icade SA over 30 days. Icade SA is related to or competes with Fonciere Lyonnaise, Immobiliere Dassault, and Frey SA. As an investor and a developer, Icade is an integrated real estate player that designs innovative real estate products a... More
Icade 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 Icade 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 Icade SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.53 | |||
| Information Ratio | 0.0215 | |||
| Maximum Drawdown | 9.36 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 3.78 |
Icade SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Icade SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Icade SA's standard deviation. In reality, there are many statistical measures that can use Icade SA historical prices to predict the future Icade SA's volatility.| Risk Adjusted Performance | 0.0734 | |||
| Jensen Alpha | 0.1375 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0277 | |||
| Treynor Ratio | 0.7667 |
Icade SA Backtested Returns
At this point, Icade SA is very steady. Icade SA holds Efficiency (Sharpe) Ratio of 0.0599, which attests that the entity had a 0.0599% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Icade SA, which you can use to evaluate the volatility of the firm. Please check out Icade SA's Downside Deviation of 1.53, market risk adjusted performance of 0.7767, and Risk Adjusted Performance of 0.0734 to validate if the risk estimate we provide is consistent with the expected return of 0.12%. Icade SA has a performance score of 4 on a scale of 0 to 100. The company retains a Market Volatility (i.e., Beta) of 0.21, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Icade SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Icade SA is expected to be smaller as well. Icade SA right now retains a risk of 2.0%. Please check out Icade SA mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to decide if Icade SA will be following its current trending patterns.
Auto-correlation | 0.81 |
Very good predictability
Icade SA has very good predictability. Overlapping area represents the amount of predictability between Icade SA 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 Icade SA price movement. The serial correlation of 0.81 indicates that around 81.0% of current Icade SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
Icade SA lagged returns against current returns
Autocorrelation, which is Icade 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 Icade SA's stock expected returns. We can calculate the autocorrelation of Icade SA returns to help us make a trade decision. For example, suppose you find that Icade 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 |
Icade 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 Icade SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Icade SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Icade SA stock over time.
Current vs Lagged Prices |
| Timeline |
Icade SA Lagged Returns
When evaluating Icade SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Icade SA stock have on its future price. Icade 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, Icade SA autocorrelation shows the relationship between Icade SA stock current value and its past values and can show if there is a momentum factor associated with investing in Icade 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 Icade Stock
Icade SA financial ratios help investors to determine whether Icade 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 Icade with respect to the benefits of owning Icade SA security.