Saint Jean (France) Market Value
| SABE Stock | EUR 19.70 0.30 1.50% |
| Symbol | Saint |
Saint Jean '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 Saint Jean'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 Saint Jean.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Saint Jean on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Saint Jean Groupe or generate 0.0% return on investment in Saint Jean over 30 days. Saint Jean is related to or competes with Samse SA, Robertet, and Orapi SA. Saint Jean Groupe Socit anonyme, through its subsidiaries, operates in the agri-food sector in France More
Saint Jean 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 Saint Jean'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 Saint Jean Groupe upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.1) | |||
| Maximum Drawdown | 8.67 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 3.13 |
Saint Jean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saint Jean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saint Jean's standard deviation. In reality, there are many statistical measures that can use Saint Jean historical prices to predict the future Saint Jean's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.27) | |||
| Treynor Ratio | 0.2308 |
Saint Jean Groupe Backtested Returns
Saint Jean Groupe owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0175, which indicates the firm had a -0.0175% return per unit of risk over the last 3 months. Saint Jean Groupe exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saint Jean's Variance of 2.33, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,755) to confirm the risk estimate we provide. The entity has a beta of -0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Saint Jean are expected to decrease at a much lower rate. During the bear market, Saint Jean is likely to outperform the market. At this point, Saint Jean Groupe has a negative expected return of -0.0269%. Please make sure to validate Saint Jean's information ratio, total risk alpha, potential upside, as well as the relationship between the jensen alpha and treynor ratio , to decide if Saint Jean Groupe performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.29 |
Weak reverse predictability
Saint Jean Groupe has weak reverse predictability. Overlapping area represents the amount of predictability between Saint Jean time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Saint Jean Groupe price movement. The serial correlation of -0.29 indicates that nearly 29.0% of current Saint Jean price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.29 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Saint Jean Groupe lagged returns against current returns
Autocorrelation, which is Saint Jean 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 Saint Jean's stock expected returns. We can calculate the autocorrelation of Saint Jean returns to help us make a trade decision. For example, suppose you find that Saint Jean 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 |
Saint Jean 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 Saint Jean stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saint Jean stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saint Jean stock over time.
Current vs Lagged Prices |
| Timeline |
Saint Jean Lagged Returns
When evaluating Saint Jean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saint Jean stock have on its future price. Saint Jean 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, Saint Jean autocorrelation shows the relationship between Saint Jean stock current value and its past values and can show if there is a momentum factor associated with investing in Saint Jean Groupe.
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 Saint Stock
Saint Jean financial ratios help investors to determine whether Saint 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 Saint with respect to the benefits of owning Saint Jean security.