Carbios (France) Market Value
| ALCRB Stock | EUR 9.47 1.14 13.69% |
| Symbol | Carbios |
Carbios '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 Carbios' 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 Carbios.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in Carbios on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Carbios or generate 0.0% return on investment in Carbios over 30 days. Carbios is related to or competes with Invibes Advertising, Gaztransport Technigaz, Fill Up, Axway Software, X Fab, and Metalliance. Carbios SAS, a green chemistry company, develops industrial bioprocesses for the biodegradation and bio recycling of pol... More
Carbios 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 Carbios' 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 Carbios upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 26.23 | |||
| Value At Risk | (8.80) | |||
| Potential Upside | 13.69 |
Carbios Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Carbios' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Carbios' standard deviation. In reality, there are many statistical measures that can use Carbios historical prices to predict the future Carbios' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.77) | |||
| Total Risk Alpha | (1.78) | |||
| Treynor Ratio | 0.7314 |
Carbios Backtested Returns
Carbios secures Sharpe Ratio (or Efficiency) of -0.14, which signifies that the company had a -0.14% return per unit of risk over the last 3 months. Carbios exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Carbios' Standard Deviation of 6.29, risk adjusted performance of (0.09), and Mean Deviation of 4.45 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -1.22, which signifies a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Carbios are expected to decrease by larger amounts. On the other hand, during market turmoil, Carbios is expected to outperform it. At this point, Carbios has a negative expected return of -0.88%. Please make sure to confirm Carbios' kurtosis, and the relationship between the maximum drawdown and rate of daily change , to decide if Carbios performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Carbios has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Carbios time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Carbios price movement. The serial correlation of -0.73 indicates that around 73.0% of current Carbios price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 1.61 |
Carbios lagged returns against current returns
Autocorrelation, which is Carbios 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 Carbios' stock expected returns. We can calculate the autocorrelation of Carbios returns to help us make a trade decision. For example, suppose you find that Carbios 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 |
Carbios 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 Carbios stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Carbios stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Carbios stock over time.
Current vs Lagged Prices |
| Timeline |
Carbios Lagged Returns
When evaluating Carbios' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Carbios stock have on its future price. Carbios 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, Carbios autocorrelation shows the relationship between Carbios stock current value and its past values and can show if there is a momentum factor associated with investing in Carbios.
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 Carbios Stock Analysis
When running Carbios' price analysis, check to measure Carbios' 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 Carbios is operating at the current time. Most of Carbios' value examination focuses on studying past and present price action to predict the probability of Carbios' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Carbios' price. Additionally, you may evaluate how the addition of Carbios to your portfolios can decrease your overall portfolio volatility.