Air France (France) Market Value

AF Stock  EUR 7.19  0.06  0.83%   
Air France's market value is the price at which a share of Air France trades on a public exchange. It measures the collective expectations of Air France KLM SA investors about its performance. Air France is trading at 7.19 as of the 4th of December 2024, a 0.83% down since the beginning of the trading day. The stock's open price was 7.25.
With this module, you can estimate the performance of a buy and hold strategy of Air France KLM SA and determine expected loss or profit from investing in Air France over a given investment horizon. Check out Air France Correlation, Air France Volatility and Air France Alpha and Beta module to complement your research on Air France.
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Please note, there is a significant difference between Air France's value and its price as these two are different measures arrived at by different means. Investors typically determine if Air France is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Air France's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Air France '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 Air France'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 Air France.
0.00
06/07/2024
No Change 0.00  0.0 
In 5 months and 30 days
12/04/2024
0.00
If you would invest  0.00  in Air France on June 7, 2024 and sell it all today you would earn a total of 0.00 from holding Air France KLM SA or generate 0.0% return on investment in Air France over 180 days. Air France is related to or competes with Manitou BF, Ossiam Minimum, Ekinops SA, Orapi SA, Memscap Regpt, and Malteries Franco. Air France-KLM SA, together with its subsidiaries, provides passenger transportation services on scheduled flights More

Air France 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 Air France'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 Air France KLM SA upside and downside potential and time the market with a certain degree of confidence.

Air France Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Air France's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Air France's standard deviation. In reality, there are many statistical measures that can use Air France historical prices to predict the future Air France's volatility.
Hype
Prediction
LowEstimatedHigh
4.457.199.93
Details
Intrinsic
Valuation
LowRealHigh
3.786.529.26
Details

Air France KLM Backtested Returns

Air France KLM secures Sharpe Ratio (or Efficiency) of -0.0568, which signifies that the company had a -0.0568% return per unit of risk over the last 3 months. Air France KLM SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Air France's Standard Deviation of 2.73, risk adjusted performance of (0.03), and Mean Deviation of 1.99 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.81, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Air France are expected to decrease at a much lower rate. During the bear market, Air France is likely to outperform the market. At this point, Air France KLM has a negative expected return of -0.16%. Please make sure to confirm Air France's kurtosis, day median price, and the relationship between the potential upside and daily balance of power , to decide if Air France KLM performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.15  

Insignificant predictability

Air France KLM SA has insignificant predictability. Overlapping area represents the amount of predictability between Air France time series from 7th of June 2024 to 5th of September 2024 and 5th of September 2024 to 4th of December 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 Air France KLM price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Air France price fluctuation can be explain by its past prices.
Correlation Coefficient0.15
Spearman Rank Test0.29
Residual Average0.0
Price Variance0.41

Air France KLM lagged returns against current returns

Autocorrelation, which is Air France 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 Air France's stock expected returns. We can calculate the autocorrelation of Air France returns to help us make a trade decision. For example, suppose you find that Air France 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  

Air France 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 Air France stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Air France stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Air France stock over time.
   Current vs Lagged Prices   
       Timeline  

Air France Lagged Returns

When evaluating Air France's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Air France stock have on its future price. Air France 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, Air France autocorrelation shows the relationship between Air France stock current value and its past values and can show if there is a momentum factor associated with investing in Air France KLM SA.
   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.

Other Information on Investing in Air Stock

Air France financial ratios help investors to determine whether Air 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 Air with respect to the benefits of owning Air France security.