Ramsay Générale (Germany) Market Value
| GD6 Stock | EUR 11.75 0.10 0.86% |
| Symbol | Ramsay |
Ramsay Générale '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 Ramsay Générale'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 Ramsay Générale.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Ramsay Générale on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Ramsay Gnrale de or generate 0.0% return on investment in Ramsay Générale over 30 days. Ramsay Générale is related to or competes with Insteel Industries, G-III Apparel, Nippon Steel, BlueScope Steel, and ULTRA CLEAN. Ramsay Gnrale de Sant SA operates clinics and private hospitals in France More
Ramsay Générale 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 Ramsay Générale'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 Ramsay Gnrale de upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 11.44 | |||
| Value At Risk | (3.73) | |||
| Potential Upside | 2.83 |
Ramsay Générale Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ramsay Générale's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ramsay Générale's standard deviation. In reality, there are many statistical measures that can use Ramsay Générale historical prices to predict the future Ramsay Générale's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.75) | |||
| Treynor Ratio | 1.31 |
Ramsay Gnrale de Backtested Returns
Ramsay Gnrale de maintains Sharpe Ratio (i.e., Efficiency) of -0.21, which implies the firm had a -0.21% return per unit of risk over the last 3 months. Ramsay Gnrale de exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check Ramsay Générale's Coefficient Of Variation of (461.60), variance of 3.75, and Risk Adjusted Performance of (0.16) to confirm the risk estimate we provide. The company holds a Beta of -0.33, which implies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ramsay Générale are expected to decrease at a much lower rate. During the bear market, Ramsay Générale is likely to outperform the market. At this point, Ramsay Gnrale de has a negative expected return of -0.41%. Please make sure to check Ramsay Générale's treynor ratio, potential upside, and the relationship between the total risk alpha and maximum drawdown , to decide if Ramsay Gnrale de performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.19 |
Very weak predictability
Ramsay Gnrale de has very weak predictability. Overlapping area represents the amount of predictability between Ramsay Générale time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Ramsay Gnrale de price movement. The serial correlation of 0.19 indicates that over 19.0% of current Ramsay Générale price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.19 | |
| Spearman Rank Test | 0.24 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Ramsay Gnrale de lagged returns against current returns
Autocorrelation, which is Ramsay Générale 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 Ramsay Générale's stock expected returns. We can calculate the autocorrelation of Ramsay Générale returns to help us make a trade decision. For example, suppose you find that Ramsay Générale 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 |
Ramsay Générale 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 Ramsay Générale stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ramsay Générale stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ramsay Générale stock over time.
Current vs Lagged Prices |
| Timeline |
Ramsay Générale Lagged Returns
When evaluating Ramsay Générale's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ramsay Générale stock have on its future price. Ramsay Générale 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, Ramsay Générale autocorrelation shows the relationship between Ramsay Générale stock current value and its past values and can show if there is a momentum factor associated with investing in Ramsay Gnrale de.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Ramsay Stock
Ramsay Générale financial ratios help investors to determine whether Ramsay Stock 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 Ramsay with respect to the benefits of owning Ramsay Générale security.