Clasquin (France) Market Value
| ALCLA Stock | EUR 141.65 0.05 0.04% |
| Symbol | Clasquin |
Clasquin '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 Clasquin'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 Clasquin.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Clasquin on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Clasquin or generate 0.0% return on investment in Clasquin over 180 days. Clasquin is related to or competes with Thermador Groupe, Bastide Le, Jacquet Metal, Chargeurs, and Fountaine Pajo. CLASQUIN SA provides freight management and logistics services in Europe, the Middle East, Africa, the Asia Pacific, and... More
Clasquin 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 Clasquin'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 Clasquin upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.3166 | |||
| Information Ratio | (0.35) | |||
| Maximum Drawdown | 1.23 | |||
| Value At Risk | (0.36) | |||
| Potential Upside | 0.4884 |
Clasquin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Clasquin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Clasquin's standard deviation. In reality, there are many statistical measures that can use Clasquin historical prices to predict the future Clasquin's volatility.| Risk Adjusted Performance | 0.114 | |||
| Jensen Alpha | 0.0316 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | (0.29) | |||
| Treynor Ratio | 1.2 |
Clasquin Backtested Returns
Currently, Clasquin is very steady. Clasquin secures Sharpe Ratio (or Efficiency) of 0.14, which signifies that the company had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for Clasquin, which you can use to evaluate the volatility of the firm. Please confirm Clasquin's mean deviation of 0.1756, and Risk Adjusted Performance of 0.114 to double-check if the risk estimate we provide is consistent with the expected return of 0.0349%. Clasquin has a performance score of 10 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0294, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Clasquin's returns are expected to increase less than the market. However, during the bear market, the loss of holding Clasquin is expected to be smaller as well. Clasquin right now shows a risk of 0.26%. Please confirm Clasquin jensen alpha, maximum drawdown, and the relationship between the coefficient of variation and sortino ratio , to decide if Clasquin will be following its price patterns.
Auto-correlation | 0.74 |
Good predictability
Clasquin has good predictability. Overlapping area represents the amount of predictability between Clasquin time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Clasquin price movement. The serial correlation of 0.74 indicates that around 74.0% of current Clasquin price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
Clasquin lagged returns against current returns
Autocorrelation, which is Clasquin 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 Clasquin's stock expected returns. We can calculate the autocorrelation of Clasquin returns to help us make a trade decision. For example, suppose you find that Clasquin 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 |
Clasquin 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 Clasquin stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Clasquin stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Clasquin stock over time.
Current vs Lagged Prices |
| Timeline |
Clasquin Lagged Returns
When evaluating Clasquin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Clasquin stock have on its future price. Clasquin 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, Clasquin autocorrelation shows the relationship between Clasquin stock current value and its past values and can show if there is a momentum factor associated with investing in Clasquin.
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 Clasquin Stock Analysis
When running Clasquin's price analysis, check to measure Clasquin'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 Clasquin is operating at the current time. Most of Clasquin's value examination focuses on studying past and present price action to predict the probability of Clasquin's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Clasquin's price. Additionally, you may evaluate how the addition of Clasquin to your portfolios can decrease your overall portfolio volatility.