Crdit Agricole (Germany) Market Value
| XCA Stock | EUR 13.05 0.02 0.15% |
| Symbol | Crdit |
Crdit Agricole '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 Crdit Agricole'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 Crdit Agricole.
| 12/31/2022 |
| 12/20/2024 |
If you would invest 0.00 in Crdit Agricole on December 31, 2022 and sell it all today you would earn a total of 0.00 from holding Crdit Agricole SA or generate 0.0% return on investment in Crdit Agricole over 720 days. Crdit Agricole is related to or competes with Lloyds Banking, and . Crdit Agricole S.A. provides retail, corporate, insurance, and investment banking products and services worldwide More
Crdit Agricole 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 Crdit Agricole'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 Crdit Agricole SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 7.92 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.01 |
Crdit Agricole Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Crdit Agricole's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Crdit Agricole's standard deviation. In reality, there are many statistical measures that can use Crdit Agricole historical prices to predict the future Crdit Agricole's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 0.237 |
Crdit Agricole SA Backtested Returns
Crdit Agricole SA secures Sharpe Ratio (or Efficiency) of -0.0477, which signifies that the company had a -0.0477% return per unit of standard deviation over the last 3 months. Crdit Agricole SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Crdit Agricole's risk adjusted performance of (0.07), and Mean Deviation of 1.03 to double-check the risk estimate we provide. The firm shows a Beta (market volatility) of -0.64, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Crdit Agricole are expected to decrease at a much lower rate. During the bear market, Crdit Agricole is likely to outperform the market. At this point, Crdit Agricole SA has a negative expected return of -0.0725%. Please make sure to confirm Crdit Agricole's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if Crdit Agricole SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Crdit Agricole SA has average predictability. Overlapping area represents the amount of predictability between Crdit Agricole time series from 31st of December 2022 to 26th of December 2023 and 26th of December 2023 to 20th 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 Crdit Agricole SA price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Crdit Agricole price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.77 |
Crdit Agricole SA lagged returns against current returns
Autocorrelation, which is Crdit Agricole 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 Crdit Agricole's stock expected returns. We can calculate the autocorrelation of Crdit Agricole returns to help us make a trade decision. For example, suppose you find that Crdit Agricole 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 |
Crdit Agricole 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 Crdit Agricole stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Crdit Agricole stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Crdit Agricole stock over time.
Current vs Lagged Prices |
| Timeline |
Crdit Agricole Lagged Returns
When evaluating Crdit Agricole's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Crdit Agricole stock have on its future price. Crdit Agricole 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, Crdit Agricole autocorrelation shows the relationship between Crdit Agricole stock current value and its past values and can show if there is a momentum factor associated with investing in Crdit Agricole SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Crdit Stock
Crdit Agricole financial ratios help investors to determine whether Crdit 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 Crdit with respect to the benefits of owning Crdit Agricole security.