Crédit Agricole (Germany) Market Value
| XCA Stock | EUR 12.54 0.11 0.88% |
| Symbol | Crédit |
Crédit Agricole '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 Crédit Agricole'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 Crédit Agricole.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Crédit Agricole on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Crdit Agricole SA or generate 0.0% return on investment in Crédit Agricole over 30 days. Crédit Agricole is related to or competes with SPORTING, Playa Hotels, Transport International, PARKEN Sport, Universal Entertainment, TITANIUM TRANSPORTGROUP, and ATRESMEDIA. Crdit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide More
Crédit Agricole 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 Crédit Agricole'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 Crdit Agricole SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.47 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.12 |
Crédit Agricole Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crédit Agricole's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crédit Agricole's standard deviation. In reality, there are many statistical measures that can use Crédit Agricole historical prices to predict the future Crédit Agricole's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.6042 |
Crdit Agricole SA Backtested Returns
Crdit Agricole SA secures Sharpe Ratio (or Efficiency) of -0.12, which signifies that the company had a -0.12% return per unit of standard deviation over the last 3 months. Crdit Agricole SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crédit Agricole's mean deviation of 1.09, and Risk Adjusted Performance of (0.06) to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.22, which signifies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Crédit Agricole are expected to decrease at a much lower rate. During the bear market, Crédit Agricole is likely to outperform the market. At this point, Crdit Agricole SA has a negative expected return of -0.18%. Please make sure to confirm Crédit Agricole's jensen alpha, treynor ratio, value at risk, as well as the relationship between the total risk alpha and maximum drawdown , to decide if Crdit Agricole SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.80 |
Very good predictability
Crdit Agricole SA has very good predictability. Overlapping area represents the amount of predictability between Crédit Agricole time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Crdit Agricole SA price movement. The serial correlation of 0.8 indicates that around 80.0% of current Crédit Agricole price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Crdit Agricole SA lagged returns against current returns
Autocorrelation, which is Crédit Agricole 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 Crédit Agricole's stock expected returns. We can calculate the autocorrelation of Crédit Agricole returns to help us make a trade decision. For example, suppose you find that Crédit Agricole 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 |
Crédit Agricole 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 Crédit Agricole stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crédit Agricole stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crédit Agricole stock over time.
Current vs Lagged Prices |
| Timeline |
Crédit Agricole Lagged Returns
When evaluating Crédit Agricole's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crédit Agricole stock have on its future price. Crédit Agricole 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, Crédit Agricole autocorrelation shows the relationship between Crédit Agricole stock current value and its past values and can show if there is a momentum factor associated with investing in Crdit Agricole SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Crédit Stock
Crédit Agricole financial ratios help investors to determine whether Crédit 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 Crédit with respect to the benefits of owning Crédit Agricole security.