Sodexo SA (France) Market Value
| SW Stock | EUR 78.60 0.20 0.25% |
| Symbol | Sodexo |
Sodexo SA '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 Sodexo SA'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 Sodexo SA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sodexo SA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Sodexo SA or generate 0.0% return on investment in Sodexo SA over 30 days. Sodexo SA is related to or competes with Accor S, Publicis Groupe, Legrand SA, Pernod Ricard, and Capgemini. Sodexo S.A. develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide More
Sodexo SA 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 Sodexo SA'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 Sodexo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 9.27 | |||
| Value At Risk | (2.42) | |||
| Potential Upside | 1.8 |
Sodexo SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sodexo SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sodexo SA's standard deviation. In reality, there are many statistical measures that can use Sodexo SA historical prices to predict the future Sodexo SA's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.28) | |||
| Treynor Ratio | 0.1545 |
Sodexo SA Backtested Returns
Sodexo SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0132, which indicates the firm had a -0.0132% return per unit of risk over the last 3 months. Sodexo SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sodexo SA's Variance of 2.23, risk adjusted performance of (0.01), and Coefficient Of Variation of (5,904) to confirm the risk estimate we provide. The entity has a beta of -0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sodexo SA are expected to decrease at a much lower rate. During the bear market, Sodexo SA is likely to outperform the market. At this point, Sodexo SA has a negative expected return of -0.0196%. Please make sure to validate Sodexo SA's jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if Sodexo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Sodexo SA has good reverse predictability. Overlapping area represents the amount of predictability between Sodexo SA 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 Sodexo SA price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Sodexo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 2.11 |
Sodexo SA lagged returns against current returns
Autocorrelation, which is Sodexo SA 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 Sodexo SA's stock expected returns. We can calculate the autocorrelation of Sodexo SA returns to help us make a trade decision. For example, suppose you find that Sodexo SA 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 |
Sodexo SA 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 Sodexo SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sodexo SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sodexo SA stock over time.
Current vs Lagged Prices |
| Timeline |
Sodexo SA Lagged Returns
When evaluating Sodexo SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sodexo SA stock have on its future price. Sodexo SA 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, Sodexo SA autocorrelation shows the relationship between Sodexo SA stock current value and its past values and can show if there is a momentum factor associated with investing in Sodexo SA.
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 Sodexo Stock
Sodexo SA financial ratios help investors to determine whether Sodexo 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 Sodexo with respect to the benefits of owning Sodexo SA security.