Latcore SA (France) Market Value
| LAT Stock | EUR 0.01 0.0005 7.04% |
| Symbol | Latcore |
Latcore 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 Latcore 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 Latcore SA.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Latcore SA on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Latcore SA or generate 0.0% return on investment in Latcore SA over 30 days. Latcore SA is related to or competes with Airbus Group, and Safran SA. Latcore S.A., together with its subsidiaries, designs, develops, manufactures, and supports aerostructures and interconn... More
Latcore 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 Latcore 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 Latcore SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 45.56 | |||
| Value At Risk | (7.79) | |||
| Potential Upside | 9.38 |
Latcore SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Latcore SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Latcore SA's standard deviation. In reality, there are many statistical measures that can use Latcore SA historical prices to predict the future Latcore SA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (1.15) | |||
| Treynor Ratio | (0.42) |
Latcore SA Backtested Returns
At this point, Latcore SA is out of control. Latcore SA has Sharpe Ratio of 0.0169, which conveys that the firm had a 0.0169% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Latcore SA, which you can use to evaluate the volatility of the firm. Please verify Latcore SA's Standard Deviation of 6.42, risk adjusted performance of (0.01), and Mean Deviation of 3.59 to check out if the risk estimate we provide is consistent with the expected return of 0.11%. Latcore SA has a performance score of 1 on a scale of 0 to 100. The company secures a Beta (Market Risk) of 0.32, which conveys possible diversification benefits within a given portfolio. As returns on the market increase, Latcore SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Latcore SA is expected to be smaller as well. Latcore SA right now secures a risk of 6.55%. Please verify Latcore SA skewness and the relationship between the daily balance of power and relative strength index , to decide if Latcore SA will be following its current price movements.
Auto-correlation | 0.34 |
Below average predictability
Latcore SA has below average predictability. Overlapping area represents the amount of predictability between Latcore SA time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Latcore SA price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Latcore SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | 0.12 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Latcore SA lagged returns against current returns
Autocorrelation, which is Latcore 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 Latcore SA's stock expected returns. We can calculate the autocorrelation of Latcore SA returns to help us make a trade decision. For example, suppose you find that Latcore 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 |
Latcore 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 Latcore SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Latcore SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Latcore SA stock over time.
Current vs Lagged Prices |
| Timeline |
Latcore SA Lagged Returns
When evaluating Latcore SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Latcore SA stock have on its future price. Latcore 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, Latcore SA autocorrelation shows the relationship between Latcore SA stock current value and its past values and can show if there is a momentum factor associated with investing in Latcore 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 Latcore Stock
Latcore SA financial ratios help investors to determine whether Latcore 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 Latcore with respect to the benefits of owning Latcore SA security.