Groupe Partouche (France) Market Value
| PAR Stock | EUR 40.00 0.30 0.74% |
| Symbol | Groupe |
Groupe Partouche '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 Groupe Partouche'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 Groupe Partouche.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Groupe Partouche on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Groupe Partouche SA or generate 0.0% return on investment in Groupe Partouche over 30 days. Groupe Partouche is related to or competes with Fonciere Lyonnaise, Fonciere Inea, Argan SA, Societe De, and Icade SA. Paref SA owns and manages business real estate located primarily in the Paris region More
Groupe Partouche 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 Groupe Partouche'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 Groupe Partouche SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.6 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 11.61 | |||
| Value At Risk | (2.10) | |||
| Potential Upside | 1.53 |
Groupe Partouche Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Groupe Partouche's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Groupe Partouche's standard deviation. In reality, there are many statistical measures that can use Groupe Partouche historical prices to predict the future Groupe Partouche's volatility.| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.26) | |||
| Sortino Ratio | (0.08) | |||
| Treynor Ratio | (0.01) |
Groupe Partouche Backtested Returns
At this point, Groupe Partouche is very steady. Groupe Partouche holds Efficiency (Sharpe) Ratio of 0.0075, which attests that the entity had a 0.0075% return per unit of risk over the last 3 months. We have found thirty technical indicators for Groupe Partouche, which you can use to evaluate the volatility of the firm. Please check out Groupe Partouche's Downside Deviation of 1.6, insignificant market risk adjusted performance, and Risk Adjusted Performance of 0.0089 to validate if the risk estimate we provide is consistent with the expected return of 0.0116%. The company retains a Market Volatility (i.e., Beta) of 0.19, which attests to not very significant fluctuations relative to the market. As returns on the market increase, Groupe Partouche's returns are expected to increase less than the market. However, during the bear market, the loss of holding Groupe Partouche is expected to be smaller as well. Groupe Partouche right now retains a risk of 1.55%. Please check out Groupe Partouche expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Groupe Partouche will be following its current trending patterns.
Auto-correlation | 0.71 |
Good predictability
Groupe Partouche SA has good predictability. Overlapping area represents the amount of predictability between Groupe Partouche time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Groupe Partouche price movement. The serial correlation of 0.71 indicates that around 71.0% of current Groupe Partouche price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Groupe Partouche lagged returns against current returns
Autocorrelation, which is Groupe Partouche 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 Groupe Partouche's stock expected returns. We can calculate the autocorrelation of Groupe Partouche returns to help us make a trade decision. For example, suppose you find that Groupe Partouche 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 |
Groupe Partouche 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 Groupe Partouche stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Groupe Partouche stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Groupe Partouche stock over time.
Current vs Lagged Prices |
| Timeline |
Groupe Partouche Lagged Returns
When evaluating Groupe Partouche's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Groupe Partouche stock have on its future price. Groupe Partouche 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, Groupe Partouche autocorrelation shows the relationship between Groupe Partouche stock current value and its past values and can show if there is a momentum factor associated with investing in Groupe Partouche 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 Groupe Stock
Groupe Partouche financial ratios help investors to determine whether Groupe 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 Groupe with respect to the benefits of owning Groupe Partouche security.