Société Générale (Germany) Market Value
| SGE Stock | 25.95 0.66 2.48% |
| 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 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 Société Générale.
| 08/02/2023 |
| 11/24/2024 |
If you would invest 0.00 in Société Générale on August 2, 2023 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 480 days. Société Générale is related to or competes with QBE Insurance, Summit Materials, Yokohama Rubber, GOODYEAR T, HANOVER INSURANCE, Eagle Materials, and SANOK RUBBER. 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 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 Socit Gnrale Socit upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.29 | |||
| Information Ratio | 0.093 | |||
| Maximum Drawdown | 13.62 | |||
| Value At Risk | (2.31) | |||
| Potential Upside | 2.61 |
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 | 0.1306 | |||
| Jensen Alpha | 0.2809 | |||
| Total Risk Alpha | (0.0004) | |||
| Sortino Ratio | 0.1359 | |||
| Treynor Ratio | 2.41 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Société Générale's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Socit Gnrale Socit Backtested Returns
Société Générale appears to be very steady, given 3 months investment horizon. Socit Gnrale Socit owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the firm had a 0.17% return per unit of risk over the last 3 months. We have found thirty technical indicators for Socit Gnrale Socit, which you can use to evaluate the volatility of the company. Please review Société Générale's Coefficient Of Variation of 615.05, semi deviation of 0.9853, and Risk Adjusted Performance of 0.1306 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Société Générale holds a performance score of 13. The entity has a beta of 0.12, 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. Please check Société Générale's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Société Générale's existing price patterns will revert.
Auto-correlation | 0.19 |
Very weak predictability
Socit Gnrale Socit has very weak predictability. Overlapping area represents the amount of predictability between Société Générale time series from 2nd of August 2023 to 29th of March 2024 and 29th of March 2024 to 24th 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 0.19 indicates that over 19.0% of current Société Générale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 3.46 |
Socit Gnrale Socit lagged returns against current returns
Autocorrelation, which is Société Générale 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 Société Générale's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Société Générale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Société Générale stock 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 stock 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 stock 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 |
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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.Additional Tools for Société Stock Analysis
When running Société Générale's price analysis, check to measure Société Générale's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Société Générale is operating at the current time. Most of Société Générale's value examination focuses on studying past and present price action to predict the probability of Société Générale's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Société Générale's price. Additionally, you may evaluate how the addition of Société Générale to your portfolios can decrease your overall portfolio volatility.