Lacroix Group (France) Market Value
| LACR Stock | EUR 11.20 0.25 2.18% |
| Symbol | Lacroix |
Lacroix Group '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 Lacroix Group'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 Lacroix Group.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Lacroix Group on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Lacroix Group SA or generate 0.0% return on investment in Lacroix Group over 30 days. Lacroix Group is related to or competes with NSE SA, Groupe Tera, and Neotion SA. Lacroix SA develops, industrializes, produces, and integrates electronic assemblies and subassemblies for the automobile... More
Lacroix Group 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 Lacroix Group'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 Lacroix Group SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.40) | |||
| Maximum Drawdown | 14.3 | |||
| Value At Risk | (4.48) | |||
| Potential Upside | 2.5 |
Lacroix Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Lacroix Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Lacroix Group's standard deviation. In reality, there are many statistical measures that can use Lacroix Group historical prices to predict the future Lacroix Group's volatility.| Risk Adjusted Performance | (0.26) | |||
| Jensen Alpha | (0.87) | |||
| Total Risk Alpha | (1.17) | |||
| Treynor Ratio | (11.16) |
Lacroix Group SA Backtested Returns
Lacroix Group SA has Sharpe Ratio of -0.39, which conveys that the firm had a -0.39% return per unit of risk over the last 3 months. Lacroix Group exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Lacroix Group's Standard Deviation of 2.4, mean deviation of 1.59, and Risk Adjusted Performance of (0.26) to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.0771, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Lacroix Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Lacroix Group is expected to be smaller as well. At this point, Lacroix Group SA has a negative expected return of -0.93%. Please make sure to verify Lacroix Group's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Lacroix Group SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.32 |
Below average predictability
Lacroix Group SA has below average predictability. Overlapping area represents the amount of predictability between Lacroix Group time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Lacroix Group SA price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Lacroix Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.52 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Lacroix Group SA lagged returns against current returns
Autocorrelation, which is Lacroix Group 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 Lacroix Group's stock expected returns. We can calculate the autocorrelation of Lacroix Group returns to help us make a trade decision. For example, suppose you find that Lacroix Group 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 |
Lacroix Group 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 Lacroix Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Lacroix Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Lacroix Group stock over time.
Current vs Lagged Prices |
| Timeline |
Lacroix Group Lagged Returns
When evaluating Lacroix Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Lacroix Group stock have on its future price. Lacroix Group 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, Lacroix Group autocorrelation shows the relationship between Lacroix Group stock current value and its past values and can show if there is a momentum factor associated with investing in Lacroix Group 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 Lacroix Stock
Lacroix Group financial ratios help investors to determine whether Lacroix 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 Lacroix with respect to the benefits of owning Lacroix Group security.