Euroland Corporate (France) Market Value
| MLERO Stock | EUR 2.56 0.24 8.57% |
| Symbol | Euroland |
Euroland Corporate '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 Euroland Corporate'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 Euroland Corporate.
| 10/25/2024 |
| 11/24/2024 |
If you would invest 0.00 in Euroland Corporate on October 25, 2024 and sell it all today you would earn a total of 0.00 from holding Euroland Corporate SA or generate 0.0% return on investment in Euroland Corporate over 30 days. Euroland Corporate is related to or competes with Stef SA, NRJ, Savencia, ABC Arbitrage, and Jacques Bogart. Euroland Finance is a French bank that offers financial services including institutional investment, private banking, an... More
Euroland Corporate 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 Euroland Corporate'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 Euroland Corporate SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.36 | |||
| Information Ratio | 0.026 | |||
| Maximum Drawdown | 17.76 | |||
| Value At Risk | (6.40) | |||
| Potential Upside | 6.84 |
Euroland Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Euroland Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euroland Corporate's standard deviation. In reality, there are many statistical measures that can use Euroland Corporate historical prices to predict the future Euroland Corporate's volatility.| Risk Adjusted Performance | 0.0573 | |||
| Jensen Alpha | 0.1206 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | 0.0138 | |||
| Treynor Ratio | 0.2858 |
Euroland Corporate Backtested Returns
Euroland Corporate appears to be very risky, given 3 months investment horizon. Euroland Corporate secures Sharpe Ratio (or Efficiency) of 0.0646, which denotes the company had a 0.0646% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Euroland Corporate SA, which you can use to evaluate the volatility of the firm. Please utilize Euroland Corporate's Mean Deviation of 1.83, downside deviation of 6.36, and Coefficient Of Variation of 1548.23 to check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Euroland Corporate holds a performance score of 5. The firm shows a Beta (market volatility) of 0.73, which means possible diversification benefits within a given portfolio. As returns on the market increase, Euroland Corporate's returns are expected to increase less than the market. However, during the bear market, the loss of holding Euroland Corporate is expected to be smaller as well. Please check Euroland Corporate's value at risk, as well as the relationship between the skewness and day typical price , to make a quick decision on whether Euroland Corporate's price patterns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Euroland Corporate SA has virtually no predictability. Overlapping area represents the amount of predictability between Euroland Corporate time series from 25th of October 2024 to 9th of November 2024 and 9th of November 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 Euroland Corporate price movement. The serial correlation of 0.03 indicates that only 3.0% of current Euroland Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Euroland Corporate lagged returns against current returns
Autocorrelation, which is Euroland Corporate 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 Euroland Corporate's stock expected returns. We can calculate the autocorrelation of Euroland Corporate returns to help us make a trade decision. For example, suppose you find that Euroland Corporate 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 |
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Euroland Corporate 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 Euroland Corporate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euroland Corporate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euroland Corporate stock over time.
Current vs Lagged Prices |
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Euroland Corporate Lagged Returns
When evaluating Euroland Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euroland Corporate stock have on its future price. Euroland Corporate 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, Euroland Corporate autocorrelation shows the relationship between Euroland Corporate stock current value and its past values and can show if there is a momentum factor associated with investing in Euroland Corporate 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 Euroland Stock Analysis
When running Euroland Corporate's price analysis, check to measure Euroland Corporate'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 Euroland Corporate is operating at the current time. Most of Euroland Corporate's value examination focuses on studying past and present price action to predict the probability of Euroland Corporate's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Euroland Corporate's price. Additionally, you may evaluate how the addition of Euroland Corporate to your portfolios can decrease your overall portfolio volatility.