Socit Gnrale Socit Stock Market Value
| SCGLF Stock | USD 25.75 0.73 2.76% |
| Symbol | Société |
Société Générale '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 Société Générale's pink sheet 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 Société Générale.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Société Générale on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Socit Gnrale Socit or generate 0.0% return on investment in Société Générale over 720 days. Société Générale is related to or competes with Banco Bradesco, Itau Unibanco, Lloyds Banking, Deutsche Bank, Banco Santander, PNC Financial, and Citizens Financial. Socit Gnrale Socit anonyme provides banking and financial services to individuals, businesses, and institutional investo... More
Société Générale 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 Société Générale's pink sheet 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 Socit Gnrale Socit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.74 | |||
| Information Ratio | 0.022 | |||
| Maximum Drawdown | 14.81 | |||
| Value At Risk | (4.74) | |||
| Potential Upside | 5.49 |
Société Générale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Société Générale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Société Générale's standard deviation. In reality, there are many statistical measures that can use Société Générale historical prices to predict the future Société Générale's volatility.| Risk Adjusted Performance | 0.0619 | |||
| Jensen Alpha | 0.1399 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0117 | |||
| Treynor Ratio | 0.636 |
Socit Gnrale Socit Backtested Returns
At this point, Société Générale is not too volatile. Socit Gnrale Socit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0603, which indicates the firm had a 0.0603% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Socit Gnrale Socit, which you can use to evaluate the volatility of the company. Please validate Société Générale's Coefficient Of Variation of 1394.52, risk adjusted performance of 0.0619, and Semi Deviation of 1.79 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Société Générale has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.27, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Société Générale's returns are expected to increase less than the market. However, during the bear market, the loss of holding Société Générale is expected to be smaller as well. Socit Gnrale Socit right now has a risk of 2.5%. Please validate Société Générale jensen alpha, semi variance, price action indicator, as well as the relationship between the maximum drawdown and daily balance of power , to decide if Société Générale will be following its existing price patterns.
Auto-correlation | 0.50 |
Modest predictability
Socit Gnrale Socit has modest predictability. Overlapping area represents the amount of predictability between Société Générale time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 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 Socit Gnrale Socit price movement. The serial correlation of 0.5 indicates that about 50.0% of current Société Générale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | 0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 3.56 |
Socit Gnrale Socit lagged returns against current returns
Autocorrelation, which is Société Générale pink sheet'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 Société Générale's pink sheet expected returns. We can calculate the autocorrelation of Société Générale returns to help us make a trade decision. For example, suppose you find that Société Générale has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Société Générale 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 Société Générale pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Société Générale pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Société Générale pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Société Générale Lagged Returns
When evaluating Société Générale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Société Générale pink sheet have on its future price. Société Générale 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, Société Générale autocorrelation shows the relationship between Société Générale pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Socit Gnrale Socit.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Société Pink Sheet
Société Générale financial ratios help investors to determine whether Société Pink Sheet 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 Société with respect to the benefits of owning Société Générale security.