Etablissements Maurel (France) Market Value
| MAU Stock | EUR 4.97 0.04 0.81% |
| Symbol | Etablissements |
Etablissements Maurel '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 Etablissements Maurel'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 Etablissements Maurel.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Etablissements Maurel on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Etablissements Maurel et or generate 0.0% return on investment in Etablissements Maurel over 540 days. Etablissements Maurel is related to or competes with Vallourec, Eramet SA, Soitec SA, and Nexans SA. Etablissements Maurel Prom S.A., an oil company, engages in the exploration and production of hydrocarbons in Gabon, Tan... More
Etablissements Maurel 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 Etablissements Maurel'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 Etablissements Maurel et upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.27 | |||
| Value At Risk | (3.09) | |||
| Potential Upside | 2.97 |
Etablissements Maurel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Etablissements Maurel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Etablissements Maurel's standard deviation. In reality, there are many statistical measures that can use Etablissements Maurel historical prices to predict the future Etablissements Maurel's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | 0.404 |
Etablissements Maurel Backtested Returns
Etablissements Maurel secures Sharpe Ratio (or Efficiency) of -0.0267, which denotes the company had a -0.0267% return per unit of standard deviation over the last 3 months. Etablissements Maurel et exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Etablissements Maurel's Mean Deviation of 1.43, standard deviation of 1.8, and Coefficient Of Variation of (2,071) to check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.24, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Etablissements Maurel are expected to decrease at a much lower rate. During the bear market, Etablissements Maurel is likely to outperform the market. At this point, Etablissements Maurel has a negative expected return of -0.0484%. Please make sure to confirm Etablissements Maurel's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if Etablissements Maurel performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.39 |
Poor reverse predictability
Etablissements Maurel et has poor reverse predictability. Overlapping area represents the amount of predictability between Etablissements Maurel time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Etablissements Maurel price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Etablissements Maurel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Etablissements Maurel lagged returns against current returns
Autocorrelation, which is Etablissements Maurel 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 Etablissements Maurel's stock expected returns. We can calculate the autocorrelation of Etablissements Maurel returns to help us make a trade decision. For example, suppose you find that Etablissements Maurel 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 |
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Etablissements Maurel 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 Etablissements Maurel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Etablissements Maurel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Etablissements Maurel stock over time.
Current vs Lagged Prices |
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Etablissements Maurel Lagged Returns
When evaluating Etablissements Maurel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Etablissements Maurel stock have on its future price. Etablissements Maurel 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, Etablissements Maurel autocorrelation shows the relationship between Etablissements Maurel stock current value and its past values and can show if there is a momentum factor associated with investing in Etablissements Maurel et.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Etablissements Stock
Etablissements Maurel financial ratios help investors to determine whether Etablissements 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 Etablissements with respect to the benefits of owning Etablissements Maurel security.