Societe LDC (France) Market Value
| LOUP Stock | EUR 65.00 0.15 0.23% |
| Symbol | Societe |
Societe LDC '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 Societe LDC'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 Societe LDC.
| 09/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Societe LDC on September 25, 2024 and sell it all today you would earn a total of 0.00 from holding Societe LDC SA or generate 0.0% return on investment in Societe LDC over 60 days. Societe LDC is related to or competes with Stef SA, Bonduelle SCA, Lisi SA, and Interparfums. S.A. produces, sells, and exports poultry products in France, Poland, Spain, and internationally More
Societe LDC 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 Societe LDC'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 Societe LDC SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 7.34 | |||
| Value At Risk | (2.16) | |||
| Potential Upside | 2.17 |
Societe LDC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Societe LDC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Societe LDC's standard deviation. In reality, there are many statistical measures that can use Societe LDC historical prices to predict the future Societe LDC's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.31) | |||
| Treynor Ratio | (1.62) |
Societe LDC SA Backtested Returns
Societe LDC SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0561, which indicates the firm had a -0.0561% return per unit of risk over the last 3 months. Societe LDC SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Societe LDC's Coefficient Of Variation of (1,475), variance of 1.8, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.0625, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Societe LDC's returns are expected to increase less than the market. However, during the bear market, the loss of holding Societe LDC is expected to be smaller as well. At this point, Societe LDC SA has a negative expected return of -0.0751%. Please make sure to validate Societe LDC's coefficient of variation, jensen alpha, treynor ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Societe LDC SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.52 |
Modest predictability
Societe LDC SA has modest predictability. Overlapping area represents the amount of predictability between Societe LDC time series from 25th of September 2024 to 25th of October 2024 and 25th of October 2024 to 24th 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 Societe LDC SA price movement. The serial correlation of 0.52 indicates that about 52.0% of current Societe LDC price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.52 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.0 |
Societe LDC SA lagged returns against current returns
Autocorrelation, which is Societe LDC 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 Societe LDC's stock expected returns. We can calculate the autocorrelation of Societe LDC returns to help us make a trade decision. For example, suppose you find that Societe LDC 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 |
Societe LDC 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 Societe LDC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Societe LDC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Societe LDC stock over time.
Current vs Lagged Prices |
| Timeline |
Societe LDC Lagged Returns
When evaluating Societe LDC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Societe LDC stock have on its future price. Societe LDC 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, Societe LDC autocorrelation shows the relationship between Societe LDC stock current value and its past values and can show if there is a momentum factor associated with investing in Societe LDC 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.Other Information on Investing in Societe Stock
Societe LDC financial ratios help investors to determine whether Societe 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 Societe with respect to the benefits of owning Societe LDC security.