Making Science (France) Market Value
| ALMKS Stock | EUR 8.20 0.10 1.20% |
| Symbol | Making |
Making Science '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 Making Science'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 Making Science.
| 01/05/2023 |
| 12/25/2024 |
If you would invest 0.00 in Making Science on January 5, 2023 and sell it all today you would earn a total of 0.00 from holding Making Science Group or generate 0.0% return on investment in Making Science over 720 days. Making Science is related to or competes with Bouygues, Legrand SA, Sodexo SA, Compagnie, and Capgemini. Making Science Group, S.A. provides marketing and technology services in the areas of digital marketing, business analyt... More
Making Science 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 Making Science'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 Making Science Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 10.89 | |||
| Value At Risk | (1.78) | |||
| Potential Upside | 1.75 |
Making Science Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Making Science's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Making Science's standard deviation. In reality, there are many statistical measures that can use Making Science historical prices to predict the future Making Science's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.16) | |||
| Treynor Ratio | 1.63 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Making Science'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.
Making Science Group Backtested Returns
Making Science Group has Sharpe Ratio of -0.0695, which conveys that the firm had a -0.0695% return per unit of risk over the last 3 months. Making Science exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Making Science's Risk Adjusted Performance of (0.05), standard deviation of 1.3, and Mean Deviation of 0.5254 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of -0.0611, which conveys not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Making Science are expected to decrease at a much lower rate. During the bear market, Making Science is likely to outperform the market. At this point, Making Science Group has a negative expected return of -0.0911%. Please make sure to verify Making Science's treynor ratio, as well as the relationship between the daily balance of power and period momentum indicator , to decide if Making Science Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.55 |
Modest predictability
Making Science Group has modest predictability. Overlapping area represents the amount of predictability between Making Science time series from 5th of January 2023 to 31st of December 2023 and 31st of December 2023 to 25th 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 Making Science Group price movement. The serial correlation of 0.55 indicates that about 55.0% of current Making Science price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 1.38 |
Making Science Group lagged returns against current returns
Autocorrelation, which is Making Science 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 Making Science's stock expected returns. We can calculate the autocorrelation of Making Science returns to help us make a trade decision. For example, suppose you find that Making Science 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 |
Making Science 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 Making Science stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Making Science stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Making Science stock over time.
Current vs Lagged Prices |
| Timeline |
Making Science Lagged Returns
When evaluating Making Science's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Making Science stock have on its future price. Making Science 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, Making Science autocorrelation shows the relationship between Making Science stock current value and its past values and can show if there is a momentum factor associated with investing in Making Science Group.
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 Making Stock Analysis
When running Making Science's price analysis, check to measure Making Science'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 Making Science is operating at the current time. Most of Making Science's value examination focuses on studying past and present price action to predict the probability of Making Science's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Making Science's price. Additionally, you may evaluate how the addition of Making Science to your portfolios can decrease your overall portfolio volatility.