Smcp SAS (France) Market Value
| SMCP Stock | EUR 3.49 0.09 2.65% |
| Symbol | Smcp |
Smcp SAS '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 Smcp SAS'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 Smcp SAS.
| 10/02/2023 |
| 12/25/2024 |
If you would invest 0.00 in Smcp SAS on October 2, 2023 and sell it all today you would earn a total of 0.00 from holding Smcp SAS or generate 0.0% return on investment in Smcp SAS over 450 days. Smcp SAS is related to or competes with Maisons Du, Fnac Darty, Mersen SA, Interparfums, and Elis SA. SMCP S.A. operates as a ready-to-wear and accessories retail company in France and internationally More
Smcp SAS 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 Smcp SAS'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 Smcp SAS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.37 | |||
| Information Ratio | 0.1767 | |||
| Maximum Drawdown | 14.11 | |||
| Value At Risk | (3.61) | |||
| Potential Upside | 7.86 |
Smcp SAS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smcp SAS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smcp SAS's standard deviation. In reality, there are many statistical measures that can use Smcp SAS historical prices to predict the future Smcp SAS's volatility.| Risk Adjusted Performance | 0.1595 | |||
| Jensen Alpha | 0.6271 | |||
| Total Risk Alpha | 0.4854 | |||
| Sortino Ratio | 0.2524 | |||
| Treynor Ratio | 4.16 |
Smcp SAS Backtested Returns
Smcp SAS appears to be unstable, given 3 months investment horizon. Smcp SAS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. By inspecting Smcp SAS's technical indicators, you can evaluate if the expected return of 0.59% is justified by implied risk. Please review Smcp SAS's Coefficient Of Variation of 526.64, risk adjusted performance of 0.1595, and Semi Deviation of 2.01 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Smcp SAS holds a performance score of 14. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smcp SAS's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smcp SAS is expected to be smaller as well. Please check Smcp SAS's information ratio, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Smcp SAS's existing price patterns will revert.
Auto-correlation | -0.64 |
Very good reverse predictability
Smcp SAS has very good reverse predictability. Overlapping area represents the amount of predictability between Smcp SAS time series from 2nd of October 2023 to 14th of May 2024 and 14th of May 2024 to 25th 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 Smcp SAS price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Smcp SAS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.64 | |
| Spearman Rank Test | -0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
Smcp SAS lagged returns against current returns
Autocorrelation, which is Smcp SAS 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 Smcp SAS's stock expected returns. We can calculate the autocorrelation of Smcp SAS returns to help us make a trade decision. For example, suppose you find that Smcp SAS 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 |
Smcp SAS 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 Smcp SAS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smcp SAS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smcp SAS stock over time.
Current vs Lagged Prices |
| Timeline |
Smcp SAS Lagged Returns
When evaluating Smcp SAS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smcp SAS stock have on its future price. Smcp SAS 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, Smcp SAS autocorrelation shows the relationship between Smcp SAS stock current value and its past values and can show if there is a momentum factor associated with investing in Smcp SAS.
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 Smcp Stock
Smcp SAS financial ratios help investors to determine whether Smcp 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 Smcp with respect to the benefits of owning Smcp SAS security.