Mercialys (France) Market Value
| MERY Stock | EUR 10.48 0.04 0.38% |
| Symbol | Mercialys |
Mercialys '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 Mercialys' 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 Mercialys.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Mercialys on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Mercialys SA or generate 0.0% return on investment in Mercialys over 30 days. Mercialys is related to or competes with Icade SA, Klepierre, Carmila SA, Gecina SA, and Covivio SA. Mercialys is one of the top real estate companies in France and Europe, specializing in the enhancement, transformation ... More
Mercialys 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 Mercialys' 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 Mercialys SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.20) | |||
| Maximum Drawdown | 7.25 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 1.64 |
Mercialys Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Mercialys' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Mercialys' standard deviation. In reality, there are many statistical measures that can use Mercialys historical prices to predict the future Mercialys' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.80) |
Mercialys SA Backtested Returns
Mercialys SA has Sharpe Ratio of -0.12, which conveys that the firm had a -0.12% return per unit of risk over the last 3 months. Mercialys exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Mercialys' Standard Deviation of 1.43, risk adjusted performance of (0.07), and Mean Deviation of 1.1 to check out the risk estimate we provide. The company secures a Beta (Market Risk) of 0.19, which conveys not very significant fluctuations relative to the market. As returns on the market increase, Mercialys' returns are expected to increase less than the market. However, during the bear market, the loss of holding Mercialys is expected to be smaller as well. At this point, Mercialys SA has a negative expected return of -0.17%. Please make sure to verify Mercialys' maximum drawdown, potential upside, kurtosis, as well as the relationship between the value at risk and skewness , to decide if Mercialys SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.22 |
Weak reverse predictability
Mercialys SA has weak reverse predictability. Overlapping area represents the amount of predictability between Mercialys 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 Mercialys SA price movement. The serial correlation of -0.22 indicates that over 22.0% of current Mercialys price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Mercialys SA lagged returns against current returns
Autocorrelation, which is Mercialys 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 Mercialys' stock expected returns. We can calculate the autocorrelation of Mercialys returns to help us make a trade decision. For example, suppose you find that Mercialys 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 |
Mercialys 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 Mercialys stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Mercialys stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Mercialys stock over time.
Current vs Lagged Prices |
| Timeline |
Mercialys Lagged Returns
When evaluating Mercialys' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Mercialys stock have on its future price. Mercialys 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, Mercialys autocorrelation shows the relationship between Mercialys stock current value and its past values and can show if there is a momentum factor associated with investing in Mercialys 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.Other Information on Investing in Mercialys Stock
Mercialys financial ratios help investors to determine whether Mercialys 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 Mercialys with respect to the benefits of owning Mercialys security.