Euronext Nv Stock Market Value
| EUXTF Stock | USD 114.10 0.10 0.09% |
| Symbol | Euronext |
Euronext '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 Euronext's pink sheet 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 Euronext.
| 06/23/2024 |
| 12/20/2024 |
If you would invest 0.00 in Euronext on June 23, 2024 and sell it all today you would earn a total of 0.00 from holding Euronext NV or generate 0.0% return on investment in Euronext over 180 days. Euronext is related to or competes with Moodys, MSCI, Intercontinental, CME, and Nasdaq. Euronext N.V., together with its subsidiaries, operates securities and derivatives exchanges in Continental Europe, Irel... More
Euronext 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 Euronext's pink sheet 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 Euronext NV upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0347 | |||
| Maximum Drawdown | 6.13 | |||
| Value At Risk | (1.41) | |||
| Potential Upside | 1.83 |
Euronext Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Euronext's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Euronext's standard deviation. In reality, there are many statistical measures that can use Euronext historical prices to predict the future Euronext's volatility.| Risk Adjusted Performance | 0.058 | |||
| Jensen Alpha | 0.0571 | |||
| Total Risk Alpha | 0.0282 | |||
| Treynor Ratio | (0.63) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Euronext'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.
Euronext NV Backtested Returns
At this point, Euronext is very steady. Euronext NV secures Sharpe Ratio (or Efficiency) of 0.0731, which denotes the company had a 0.0731% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Euronext NV, which you can use to evaluate the volatility of the firm. Please confirm Euronext's Standard Deviation of 0.9105, mean deviation of 0.3811, and Variance of 0.829 to check if the risk estimate we provide is consistent with the expected return of 0.0681%. Euronext has a performance score of 5 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0874, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Euronext are expected to decrease at a much lower rate. During the bear market, Euronext is likely to outperform the market. Euronext NV right now shows a risk of 0.93%. Please confirm Euronext NV information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Euronext NV will be following its price patterns.
Auto-correlation | 0.32 |
Below average predictability
Euronext NV has below average predictability. Overlapping area represents the amount of predictability between Euronext time series from 23rd of June 2024 to 21st of September 2024 and 21st of September 2024 to 20th 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 Euronext NV price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current Euronext price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 3.17 |
Euronext NV lagged returns against current returns
Autocorrelation, which is Euronext pink sheet'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 Euronext's pink sheet expected returns. We can calculate the autocorrelation of Euronext returns to help us make a trade decision. For example, suppose you find that Euronext has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Euronext 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 Euronext pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Euronext pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Euronext pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Euronext Lagged Returns
When evaluating Euronext's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Euronext pink sheet have on its future price. Euronext 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, Euronext autocorrelation shows the relationship between Euronext pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Euronext NV.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Euronext Pink Sheet
Euronext financial ratios help investors to determine whether Euronext Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Euronext with respect to the benefits of owning Euronext security.