Orapi SA (France) Market Value
| ORAP Stock | EUR 6.46 0.00 0.00% |
| Symbol | Orapi |
Orapi 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 Orapi 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 Orapi SA.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Orapi SA on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Orapi SA or generate 0.0% return on investment in Orapi SA over 30 days. Orapi SA is related to or competes with Amplitude Surgical, Fiducial Office, Manitou BF, Ossiam Minimum, Ekinops SA, Memscap Regpt, and SPDR Barclays. Orapi, together with its subsidiaries, designs, manufactures, and sells products for professional hygiene, maintenance, ... More
Orapi 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 Orapi 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 Orapi SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.95 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 8.35 | |||
| Value At Risk | (0.31) | |||
| Potential Upside | 1.36 |
Orapi SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orapi SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orapi SA's standard deviation. In reality, there are many statistical measures that can use Orapi SA historical prices to predict the future Orapi SA's volatility.| Risk Adjusted Performance | 0.0485 | |||
| Jensen Alpha | 0.0376 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.2526 |
Orapi SA Backtested Returns
At this point, Orapi SA is not too volatile. Orapi SA maintains Sharpe Ratio (i.e., Efficiency) of 0.15, which implies the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Orapi SA, which you can use to evaluate the volatility of the company. Please check Orapi SA's Coefficient Of Variation of 1748.76, semi deviation of 0.9601, and Risk Adjusted Performance of 0.0485 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. Orapi SA has a performance score of 12 on a scale of 0 to 100. The company holds a Beta of 0.29, which implies not very significant fluctuations relative to the market. As returns on the market increase, Orapi SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orapi SA is expected to be smaller as well. Orapi SA right now holds a risk of 1.19%. Please check Orapi SA downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to decide if Orapi SA will be following its historical price patterns.
Auto-correlation | 1.00 |
Perfect predictability
Orapi SA has perfect predictability. Overlapping area represents the amount of predictability between Orapi SA time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Orapi SA price movement. The serial correlation of 1.0 indicates that 100.0% of current Orapi SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orapi SA lagged returns against current returns
Autocorrelation, which is Orapi 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 Orapi SA's stock expected returns. We can calculate the autocorrelation of Orapi SA returns to help us make a trade decision. For example, suppose you find that Orapi 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 |
Orapi 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 Orapi SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orapi SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orapi SA stock over time.
Current vs Lagged Prices |
| Timeline |
Orapi SA Lagged Returns
When evaluating Orapi SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orapi SA stock have on its future price. Orapi 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, Orapi SA autocorrelation shows the relationship between Orapi SA stock current value and its past values and can show if there is a momentum factor associated with investing in Orapi 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 Orapi Stock
Orapi SA financial ratios help investors to determine whether Orapi 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 Orapi with respect to the benefits of owning Orapi SA security.