Sogeclair (France) Market Value
| ALSOG Stock | 18.20 0.60 3.19% |
| Symbol | Sogeclair |
Sogeclair '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 Sogeclair'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 Sogeclair.
| 10/16/2024 |
| 12/15/2024 |
If you would invest 0.00 in Sogeclair on October 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sogeclair SA or generate 0.0% return on investment in Sogeclair over 60 days.
Sogeclair 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 Sogeclair'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 Sogeclair SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 9.07 | |||
| Value At Risk | (3.03) | |||
| Potential Upside | 2.68 |
Sogeclair Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sogeclair's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sogeclair's standard deviation. In reality, there are many statistical measures that can use Sogeclair historical prices to predict the future Sogeclair's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.13) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.56) |
Sogeclair SA Backtested Returns
Sogeclair SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0438, which indicates the firm had a -0.0438% return per unit of risk over the last 3 months. Sogeclair SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sogeclair's Coefficient Of Variation of (1,930), risk adjusted performance of (0.03), and Variance of 3.61 to confirm the risk estimate we provide. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sogeclair's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sogeclair is expected to be smaller as well. At this point, Sogeclair SA has a negative expected return of -0.083%. Please make sure to validate Sogeclair's potential upside, and the relationship between the total risk alpha and daily balance of power , to decide if Sogeclair SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Sogeclair SA has below average predictability. Overlapping area represents the amount of predictability between Sogeclair time series from 16th of October 2024 to 15th of November 2024 and 15th of November 2024 to 15th 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 Sogeclair SA price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Sogeclair price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Sogeclair SA lagged returns against current returns
Autocorrelation, which is Sogeclair 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 Sogeclair's stock expected returns. We can calculate the autocorrelation of Sogeclair returns to help us make a trade decision. For example, suppose you find that Sogeclair 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 |
Sogeclair 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 Sogeclair stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sogeclair stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sogeclair stock over time.
Current vs Lagged Prices |
| Timeline |
Sogeclair Lagged Returns
When evaluating Sogeclair's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sogeclair stock have on its future price. Sogeclair 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, Sogeclair autocorrelation shows the relationship between Sogeclair stock current value and its past values and can show if there is a momentum factor associated with investing in Sogeclair 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.Additional Tools for Sogeclair Stock Analysis
When running Sogeclair's price analysis, check to measure Sogeclair'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 Sogeclair is operating at the current time. Most of Sogeclair's value examination focuses on studying past and present price action to predict the probability of Sogeclair's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sogeclair's price. Additionally, you may evaluate how the addition of Sogeclair to your portfolios can decrease your overall portfolio volatility.