Orege Socit (France) Market Value
| OREGE Stock | EUR 0.36 0.01 2.86% |
| Symbol | Orege |
Orege Socit '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 Orege Socit'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 Orege Socit.
| 12/08/2023 |
| 12/02/2024 |
If you would invest 0.00 in Orege Socit on December 8, 2023 and sell it all today you would earn a total of 0.00 from holding Orege Socit Anonyme or generate 0.0% return on investment in Orege Socit over 360 days. Orege Socit is related to or competes with Seche Environnem, Aurea SA, BIO UV, and Orapi SA. Orege Socit Anonyme designs, manufactures, and sells solutions for the treatment of municipal and industrial sludge, and... More
Orege Socit 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 Orege Socit'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 Orege Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.45 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 18.2 | |||
| Value At Risk | (5.71) | |||
| Potential Upside | 6.06 |
Orege Socit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Orege Socit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Orege Socit's standard deviation. In reality, there are many statistical measures that can use Orege Socit historical prices to predict the future Orege Socit's volatility.| Risk Adjusted Performance | 0.0144 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.62) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0371 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Orege Socit'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.
Orege Socit Anonyme Backtested Returns
Currently, Orege Socit Anonyme is out of control. Orege Socit Anonyme maintains Sharpe Ratio (i.e., Efficiency) of 0.0085, which implies the firm had a 0.0085% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Orege Socit Anonyme, which you can use to evaluate the volatility of the company. Please check Orege Socit's Risk Adjusted Performance of 0.0144, coefficient of variation of 11891.97, and Semi Deviation of 3.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.0329%. The company holds a Beta of 0.6, which implies possible diversification benefits within a given portfolio. As returns on the market increase, Orege Socit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Orege Socit is expected to be smaller as well. Orege Socit Anonyme right now holds a risk of 3.88%. Please check Orege Socit Anonyme information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Orege Socit Anonyme will be following its historical price patterns.
Auto-correlation | -0.44 |
Modest reverse predictability
Orege Socit Anonyme has modest reverse predictability. Overlapping area represents the amount of predictability between Orege Socit time series from 8th of December 2023 to 5th of June 2024 and 5th of June 2024 to 2nd of December 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 Orege Socit Anonyme price movement. The serial correlation of -0.44 indicates that just about 44.0% of current Orege Socit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.44 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Orege Socit Anonyme lagged returns against current returns
Autocorrelation, which is Orege Socit 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 Orege Socit's stock expected returns. We can calculate the autocorrelation of Orege Socit returns to help us make a trade decision. For example, suppose you find that Orege Socit 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 |
Orege Socit 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 Orege Socit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Orege Socit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Orege Socit stock over time.
Current vs Lagged Prices |
| Timeline |
Orege Socit Lagged Returns
When evaluating Orege Socit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Orege Socit stock have on its future price. Orege Socit 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, Orege Socit autocorrelation shows the relationship between Orege Socit stock current value and its past values and can show if there is a momentum factor associated with investing in Orege Socit Anonyme.
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 Orege Stock Analysis
When running Orege Socit's price analysis, check to measure Orege Socit'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 Orege Socit is operating at the current time. Most of Orege Socit's value examination focuses on studying past and present price action to predict the probability of Orege Socit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Orege Socit's price. Additionally, you may evaluate how the addition of Orege Socit to your portfolios can decrease your overall portfolio volatility.