Thales Sa Stock Market Value
| THLEF Stock | USD 150.23 0.27 0.18% |
| Symbol | Thales |
Thales SA '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 Thales SA'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 Thales SA.
| 12/20/2024 |
| 01/19/2025 |
If you would invest 0.00 in Thales SA on December 20, 2024 and sell it all today you would earn a total of 0.00 from holding Thales SA or generate 0.0% return on investment in Thales SA over 30 days. Thales SA is related to or competes with MTU Aero, Singapore Technologies, Safran SA, Thales SA, Nauticus Robotics, CPI Aerostructures, and BAE Systems. Thales S.A. provides various solutions for civilian and military customers in the aeronautics, space, defense, security,... More
Thales SA 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 Thales SA'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 Thales SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 11.73 | |||
| Value At Risk | (3.35) | |||
| Potential Upside | 3.13 |
Thales SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Thales SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Thales SA's standard deviation. In reality, there are many statistical measures that can use Thales SA historical prices to predict the future Thales SA's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | 2.19 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Thales SA'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.
Thales SA Backtested Returns
Thales SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0916, which indicates the firm had a -0.0916% return per unit of risk over the last 3 months. Thales SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Thales SA's Coefficient Of Variation of (2,896), risk adjusted performance of (0.02), and Variance of 3.52 to confirm the risk estimate we provide. The entity has a beta of -0.0341, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Thales SA are expected to decrease at a much lower rate. During the bear market, Thales SA is likely to outperform the market. At this point, Thales SA has a negative expected return of -0.16%. Please make sure to validate Thales SA's variance, skewness, price action indicator, as well as the relationship between the total risk alpha and rate of daily change , to decide if Thales SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.44 |
Average predictability
Thales SA has average predictability. Overlapping area represents the amount of predictability between Thales SA time series from 20th of December 2024 to 4th of January 2025 and 4th of January 2025 to 19th 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 Thales SA price movement. The serial correlation of 0.44 indicates that just about 44.0% of current Thales SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.44 | |
| Spearman Rank Test | 0.9 | |
| Residual Average | 0.0 | |
| Price Variance | 10.38 |
Thales SA lagged returns against current returns
Autocorrelation, which is Thales SA 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 Thales SA's pink sheet expected returns. We can calculate the autocorrelation of Thales SA returns to help us make a trade decision. For example, suppose you find that Thales SA 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 |
Thales SA 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 Thales SA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Thales SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Thales SA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Thales SA Lagged Returns
When evaluating Thales SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Thales SA pink sheet have on its future price. Thales SA 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, Thales SA autocorrelation shows the relationship between Thales SA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Thales SA.
Regressed Prices |
| Timeline |
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Other Information on Investing in Thales Pink Sheet
Thales SA financial ratios help investors to determine whether Thales 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 Thales with respect to the benefits of owning Thales SA security.