Séché Environnement's market value is the price at which a share of Séché Environnement trades on a public exchange. It measures the collective expectations of Sch Environnement SA investors about its performance. Séché Environnement is trading at 77.60 as of the 11th of January 2025. This is a 1.9% down since the beginning of the trading day. The stock's lowest day price was 77.6. With this module, you can estimate the performance of a buy and hold strategy of Sch Environnement SA and determine expected loss or profit from investing in Séché Environnement over a given investment horizon. Check out Séché Environnement Correlation, Séché Environnement Volatility and Séché Environnement Alpha and Beta module to complement your research on Séché Environnement.
Please note, there is a significant difference between Séché Environnement's value and its price as these two are different measures arrived at by different means. Investors typically determine if Séché Environnement is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Séché Environnement's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Séché Environnement '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 Séché Environnement'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 Séché Environnement.
0.00
01/22/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/11/2025
0.00
If you would invest 0.00 in Séché Environnement on January 22, 2023 and sell it all today you would earn a total of 0.00 from holding Sch Environnement SA or generate 0.0% return on investment in Séché Environnement over 720 days. Séché Environnement is related to or competes with EAGLE MATERIALS, Applied Materials, SILVER BULLET, Sumitomo Rubber, Automatic Data, and INFORMATION SVC. Sch Environnement SA engages in the recovery and treatment of waste products for industrial customers and public authori... More
Séché Environnement 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 Séché Environnement'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 Sch Environnement SA upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Séché Environnement's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Séché Environnement's standard deviation. In reality, there are many statistical measures that can use Séché Environnement historical prices to predict the future Séché Environnement's volatility.
Séché Environnement owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0621, which indicates the firm had a -0.0621% return per unit of risk over the last 3 months. Sch Environnement SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Séché Environnement's Variance of 3.34, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,610) to confirm the risk estimate we provide. The entity has a beta of -0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Séché Environnement are expected to decrease at a much lower rate. During the bear market, Séché Environnement is likely to outperform the market. At this point, Séché Environnement has a negative expected return of -0.11%. Please make sure to validate Séché Environnement's information ratio, total risk alpha, maximum drawdown, as well as the relationship between the jensen alpha and treynor ratio , to decide if Séché Environnement performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.16
Insignificant reverse predictability
Sch Environnement SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Séché Environnement time series from 22nd of January 2023 to 17th of January 2024 and 17th of January 2024 to 11th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Séché Environnement price movement. The serial correlation of -0.16 indicates that over 16.0% of current Séché Environnement price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.16
Spearman Rank Test
-0.36
Residual Average
0.0
Price Variance
136.06
Séché Environnement lagged returns against current returns
Autocorrelation, which is Séché Environnement 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 Séché Environnement's stock expected returns. We can calculate the autocorrelation of Séché Environnement returns to help us make a trade decision. For example, suppose you find that Séché Environnement 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
Séché Environnement 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 Séché Environnement stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Séché Environnement stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Séché Environnement stock over time.
Current vs Lagged Prices
Timeline
Séché Environnement Lagged Returns
When evaluating Séché Environnement's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Séché Environnement stock have on its future price. Séché Environnement 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, Séché Environnement autocorrelation shows the relationship between Séché Environnement stock current value and its past values and can show if there is a momentum factor associated with investing in Sch Environnement SA.
Séché Environnement financial ratios help investors to determine whether Séché 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 Séché with respect to the benefits of owning Séché Environnement security.