Plastiques (France) Market Value
| PVL Stock | EUR 1.22 0.02 1.67% |
| Symbol | Plastiques |
Plastiques '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 Plastiques' 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 Plastiques.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Plastiques on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Plastiques du Val or generate 0.0% return on investment in Plastiques over 360 days. Plastiques is related to or competes with Groupe Guillin, Groupe Partouche, Passat Socit, Akwel SA, and Haulotte Group. Plastiques du Val de Loire produces and sells plastic materials in Europe More
Plastiques 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 Plastiques' 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 Plastiques du Val upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.28) | |||
| Maximum Drawdown | 11.5 | |||
| Value At Risk | (4.27) | |||
| Potential Upside | 5.08 |
Plastiques Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Plastiques' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Plastiques' standard deviation. In reality, there are many statistical measures that can use Plastiques historical prices to predict the future Plastiques' volatility.| Risk Adjusted Performance | (0.17) | |||
| Jensen Alpha | (0.59) | |||
| Total Risk Alpha | (0.96) | |||
| Treynor Ratio | (2.71) |
Plastiques du Val Backtested Returns
Plastiques du Val maintains Sharpe Ratio (i.e., Efficiency) of -0.22, which implies the firm had a -0.22% return per unit of risk over the last 3 months. Plastiques du Val exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Plastiques' Risk Adjusted Performance of (0.17), variance of 6.13, and Coefficient Of Variation of (443.99) to confirm the risk estimate we provide. The company holds a Beta of 0.21, which implies not very significant fluctuations relative to the market. As returns on the market increase, Plastiques' returns are expected to increase less than the market. However, during the bear market, the loss of holding Plastiques is expected to be smaller as well. At this point, Plastiques du Val has a negative expected return of -0.55%. Please make sure to check Plastiques' potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Plastiques du Val performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Plastiques du Val has virtually no predictability. Overlapping area represents the amount of predictability between Plastiques time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 Plastiques du Val price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Plastiques price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.22 |
Plastiques du Val lagged returns against current returns
Autocorrelation, which is Plastiques 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 Plastiques' stock expected returns. We can calculate the autocorrelation of Plastiques returns to help us make a trade decision. For example, suppose you find that Plastiques 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 |
Plastiques 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 Plastiques stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Plastiques stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Plastiques stock over time.
Current vs Lagged Prices |
| Timeline |
Plastiques Lagged Returns
When evaluating Plastiques' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Plastiques stock have on its future price. Plastiques 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, Plastiques autocorrelation shows the relationship between Plastiques stock current value and its past values and can show if there is a momentum factor associated with investing in Plastiques du Val.
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.Other Information on Investing in Plastiques Stock
Plastiques financial ratios help investors to determine whether Plastiques 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 Plastiques with respect to the benefits of owning Plastiques security.