TOTAL GABON (Germany) Market Value
| RZW Stock | EUR 184.00 3.50 1.87% |
| Symbol | TOTAL |
TOTAL GABON '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 TOTAL GABON'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 TOTAL GABON.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in TOTAL GABON on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding TOTAL GABON or generate 0.0% return on investment in TOTAL GABON over 90 days. TOTAL GABON is related to or competes with TOTAL ENERGY, Anheuser Busch, and AALBERTS IND. More
TOTAL GABON 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 TOTAL GABON'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 TOTAL GABON upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.1 | |||
| Information Ratio | 0.0406 | |||
| Maximum Drawdown | 19.12 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.9 |
TOTAL GABON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for TOTAL GABON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as TOTAL GABON's standard deviation. In reality, there are many statistical measures that can use TOTAL GABON historical prices to predict the future TOTAL GABON's volatility.| Risk Adjusted Performance | 0.0794 | |||
| Jensen Alpha | 0.2151 | |||
| Total Risk Alpha | (0.19) | |||
| Sortino Ratio | 0.0937 | |||
| Treynor Ratio | 1.85 |
TOTAL GABON Backtested Returns
TOTAL GABON appears to be very steady, given 3 months investment horizon. TOTAL GABON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for TOTAL GABON, which you can use to evaluate the volatility of the company. Please review TOTAL GABON's risk adjusted performance of 0.0794, and Coefficient Of Variation of 1056.42 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, TOTAL GABON holds a performance score of 8. The entity has a beta of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, TOTAL GABON's returns are expected to increase less than the market. However, during the bear market, the loss of holding TOTAL GABON is expected to be smaller as well. Please check TOTAL GABON's semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to make a quick decision on whether TOTAL GABON's existing price patterns will revert.
Auto-correlation | 0.49 |
Average predictability
TOTAL GABON has average predictability. Overlapping area represents the amount of predictability between TOTAL GABON time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd 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 TOTAL GABON price movement. The serial correlation of 0.49 indicates that about 49.0% of current TOTAL GABON price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 100.54 |
TOTAL GABON lagged returns against current returns
Autocorrelation, which is TOTAL GABON 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 TOTAL GABON's stock expected returns. We can calculate the autocorrelation of TOTAL GABON returns to help us make a trade decision. For example, suppose you find that TOTAL GABON 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 |
TOTAL GABON 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 TOTAL GABON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if TOTAL GABON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in TOTAL GABON stock over time.
Current vs Lagged Prices |
| Timeline |
TOTAL GABON Lagged Returns
When evaluating TOTAL GABON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of TOTAL GABON stock have on its future price. TOTAL GABON 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, TOTAL GABON autocorrelation shows the relationship between TOTAL GABON stock current value and its past values and can show if there is a momentum factor associated with investing in TOTAL GABON.
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 TOTAL Stock
TOTAL GABON financial ratios help investors to determine whether TOTAL 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 TOTAL with respect to the benefits of owning TOTAL GABON security.