Soc Franc (France) Market Value
| SFCA Stock | EUR 1.72 0.00 0.00% |
| Symbol | Soc |
Soc Franc '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 Soc Franc'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 Soc Franc.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Soc Franc on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Soc Franc Casinos or generate 0.0% return on investment in Soc Franc over 30 days. Soc Franc is related to or competes with Groupe Partouche, Passat Socit, Ferm Casino, Soditech, and Centrale DAchat. Socit Franaise de Casinos Socit Anonyme operates casinos in France More
Soc Franc 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 Soc Franc'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 Soc Franc Casinos upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.09 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 7.75 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.42 |
Soc Franc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soc Franc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soc Franc's standard deviation. In reality, there are many statistical measures that can use Soc Franc historical prices to predict the future Soc Franc's volatility.| Risk Adjusted Performance | 0.0247 | |||
| Jensen Alpha | 2.0E-4 | |||
| Total Risk Alpha | (0.17) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | 0.1164 |
Soc Franc Casinos Backtested Returns
At this point, Soc Franc is moderately volatile. Soc Franc Casinos owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0414, which indicates the firm had a 0.0414% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Soc Franc Casinos, which you can use to evaluate the volatility of the company. Please validate Soc Franc's Coefficient Of Variation of 3725.5, semi deviation of 0.9927, and Risk Adjusted Performance of 0.0247 to confirm if the risk estimate we provide is consistent with the expected return of 0.0547%. Soc Franc has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Soc Franc's returns are expected to increase less than the market. However, during the bear market, the loss of holding Soc Franc is expected to be smaller as well. Soc Franc Casinos right now has a risk of 1.32%. Please validate Soc Franc information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to decide if Soc Franc will be following its existing price patterns.
Auto-correlation | 0.00 |
No correlation between past and present
Soc Franc Casinos has no correlation between past and present. Overlapping area represents the amount of predictability between Soc Franc 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 Soc Franc Casinos price movement. The serial correlation of 0.0 indicates that just 0.0% of current Soc Franc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.93 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Soc Franc Casinos lagged returns against current returns
Autocorrelation, which is Soc Franc 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 Soc Franc's stock expected returns. We can calculate the autocorrelation of Soc Franc returns to help us make a trade decision. For example, suppose you find that Soc Franc 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 |
Soc Franc 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 Soc Franc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soc Franc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soc Franc stock over time.
Current vs Lagged Prices |
| Timeline |
Soc Franc Lagged Returns
When evaluating Soc Franc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soc Franc stock have on its future price. Soc Franc 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, Soc Franc autocorrelation shows the relationship between Soc Franc stock current value and its past values and can show if there is a momentum factor associated with investing in Soc Franc Casinos.
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 Soc Stock
Soc Franc financial ratios help investors to determine whether Soc 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 Soc with respect to the benefits of owning Soc Franc security.