Voyageurs (France) Market Value
| ALVDM Stock | EUR 141.00 0.80 0.57% |
| Symbol | Voyageurs |
Voyageurs '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 Voyageurs' 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 Voyageurs.
| 07/01/2024 |
| 12/28/2024 |
If you would invest 0.00 in Voyageurs on July 1, 2024 and sell it all today you would earn a total of 0.00 from holding Voyageurs du Monde or generate 0.0% return on investment in Voyageurs over 180 days. Voyageurs is related to or competes with ATEME SA, Figeac Aero, Chargeurs, Xilam Animation, and BigBen Interactive. Voyageurs du Monde SA provides travel services in France and internationally More
Voyageurs 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 Voyageurs' 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 Voyageurs du Monde upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 9.37 | |||
| Value At Risk | (2.66) | |||
| Potential Upside | 3.61 |
Voyageurs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Voyageurs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Voyageurs' standard deviation. In reality, there are many statistical measures that can use Voyageurs historical prices to predict the future Voyageurs' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | 0.1469 |
Voyageurs du Monde Backtested Returns
Voyageurs du Monde owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0216, which indicates the firm had a -0.0216% return per unit of risk over the last 3 months. Voyageurs du Monde exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Voyageurs' Coefficient Of Variation of (3,888), risk adjusted performance of (0.02), and Variance of 3.14 to confirm the risk estimate we provide. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Voyageurs are expected to decrease at a much lower rate. During the bear market, Voyageurs is likely to outperform the market. At this point, Voyageurs du Monde has a negative expected return of -0.0391%. Please make sure to validate Voyageurs' value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Voyageurs du Monde performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.54 |
Good reverse predictability
Voyageurs du Monde has good reverse predictability. Overlapping area represents the amount of predictability between Voyageurs time series from 1st of July 2024 to 29th of September 2024 and 29th of September 2024 to 28th 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 Voyageurs du Monde price movement. The serial correlation of -0.54 indicates that about 54.0% of current Voyageurs price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 38.01 |
Voyageurs du Monde lagged returns against current returns
Autocorrelation, which is Voyageurs 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 Voyageurs' stock expected returns. We can calculate the autocorrelation of Voyageurs returns to help us make a trade decision. For example, suppose you find that Voyageurs 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 |
Voyageurs 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 Voyageurs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Voyageurs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Voyageurs stock over time.
Current vs Lagged Prices |
| Timeline |
Voyageurs Lagged Returns
When evaluating Voyageurs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Voyageurs stock have on its future price. Voyageurs 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, Voyageurs autocorrelation shows the relationship between Voyageurs stock current value and its past values and can show if there is a momentum factor associated with investing in Voyageurs du Monde.
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 Voyageurs Stock Analysis
When running Voyageurs' price analysis, check to measure Voyageurs' 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 Voyageurs is operating at the current time. Most of Voyageurs' value examination focuses on studying past and present price action to predict the probability of Voyageurs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Voyageurs' price. Additionally, you may evaluate how the addition of Voyageurs to your portfolios can decrease your overall portfolio volatility.