Solocal Group (France) Market Value
| LOCAL Stock | EUR 2.80 0.08 2.78% |
| Symbol | Solocal |
Solocal 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 Solocal 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 Solocal Group.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Solocal Group on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Solocal Group SA or generate 0.0% return on investment in Solocal Group over 90 days. Solocal Group is related to or competes with Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, Poxel SA, Vivendi SA, and Eramet SA. Solocal Group S.A. provides digital services in France and internationally More
Solocal 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 Solocal 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 Solocal Group SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.15 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.79 | |||
| Value At Risk | (5.61) | |||
| Potential Upside | 5.95 |
Solocal Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solocal Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solocal Group's standard deviation. In reality, there are many statistical measures that can use Solocal Group historical prices to predict the future Solocal Group's volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.54) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0565 |
Solocal Group SA Backtested Returns
Currently, Solocal Group SA is very risky. Solocal Group SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 8.0E-4, which indicates the firm had a 8.0E-4% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Solocal Group SA, which you can use to evaluate the volatility of the company. Please validate Solocal Group's Risk Adjusted Performance of 0.0193, semi deviation of 2.7, and Coefficient Of Variation of 6695.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0029%. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solocal Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solocal Group is expected to be smaller as well. Solocal Group SA right now has a risk of 3.7%. Please validate Solocal Group sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to decide if Solocal Group will be following its existing price patterns.
Auto-correlation | -0.64 |
Very good reverse predictability
Solocal Group SA has very good reverse predictability. Overlapping area represents the amount of predictability between Solocal Group time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th 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 Solocal Group SA price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Solocal Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Solocal Group SA lagged returns against current returns
Autocorrelation, which is Solocal 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 Solocal Group's stock expected returns. We can calculate the autocorrelation of Solocal Group returns to help us make a trade decision. For example, suppose you find that Solocal 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 |
Solocal 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 Solocal Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solocal Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solocal Group stock over time.
Current vs Lagged Prices |
| Timeline |
Solocal Group Lagged Returns
When evaluating Solocal Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solocal Group stock have on its future price. Solocal 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, Solocal Group autocorrelation shows the relationship between Solocal Group stock current value and its past values and can show if there is a momentum factor associated with investing in Solocal Group SA.
Regressed Prices |
| Timeline |
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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.Additional Tools for Solocal Stock Analysis
When running Solocal Group's price analysis, check to measure Solocal Group's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Solocal Group is operating at the current time. Most of Solocal Group's value examination focuses on studying past and present price action to predict the probability of Solocal Group's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Solocal Group's price. Additionally, you may evaluate how the addition of Solocal Group to your portfolios can decrease your overall portfolio volatility.