Compagnie Gnrale Des Stock Market Value
| MGDDF Stock | USD 31.75 0.15 0.47% |
| Symbol | Compagnie |
Compagnie Générale '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 Compagnie Générale's pink sheet 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 Compagnie Générale.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Compagnie Générale on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Compagnie Gnrale des or generate 0.0% return on investment in Compagnie Générale over 720 days. Compagnie Générale is related to or competes with Continental, Bridgestone Corp, Continental Aktiengesellscha, Douglas Dynamics, Compagnie Generale, Hyliion Holdings, and BorgWarner. Compagnie Gnrale des tablissements Michelin Socit en commandite par actions manufactures and sells tires worldwide More
Compagnie Générale 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 Compagnie Générale's pink sheet 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 Compagnie Gnrale des upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 25.84 | |||
| Value At Risk | (7.97) | |||
| Potential Upside | 7.04 |
Compagnie Générale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie Générale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie Générale's standard deviation. In reality, there are many statistical measures that can use Compagnie Générale historical prices to predict the future Compagnie Générale's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.25) | |||
| Total Risk Alpha | (0.93) | |||
| Treynor Ratio | 12.23 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Compagnie Générale's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Compagnie Gnrale des Backtested Returns
Compagnie Gnrale des secures Sharpe Ratio (or Efficiency) of -0.0572, which signifies that the company had a -0.0572% return per unit of risk over the last 3 months. Compagnie Gnrale des exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Compagnie Générale's Standard Deviation of 4.29, mean deviation of 2.63, and Risk Adjusted Performance of (0.04) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.021, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Compagnie Générale are expected to decrease at a much lower rate. During the bear market, Compagnie Générale is likely to outperform the market. At this point, Compagnie Gnrale des has a negative expected return of -0.25%. Please make sure to confirm Compagnie Générale's kurtosis, and the relationship between the maximum drawdown and day median price , to decide if Compagnie Gnrale des performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.22 |
Weak predictability
Compagnie Gnrale des has weak predictability. Overlapping area represents the amount of predictability between Compagnie Générale time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Compagnie Gnrale des price movement. The serial correlation of 0.22 indicates that over 22.0% of current Compagnie Générale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 9.23 |
Compagnie Gnrale des lagged returns against current returns
Autocorrelation, which is Compagnie Générale pink sheet'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 Compagnie Générale's pink sheet expected returns. We can calculate the autocorrelation of Compagnie Générale returns to help us make a trade decision. For example, suppose you find that Compagnie Générale has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Compagnie Générale 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 Compagnie Générale pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie Générale pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie Générale pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Compagnie Générale Lagged Returns
When evaluating Compagnie Générale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie Générale pink sheet have on its future price. Compagnie Générale 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, Compagnie Générale autocorrelation shows the relationship between Compagnie Générale pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Compagnie Gnrale des.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Compagnie Pink Sheet
Compagnie Générale financial ratios help investors to determine whether Compagnie Pink Sheet 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 Compagnie with respect to the benefits of owning Compagnie Générale security.