Sodexo SA (France) Market Value
| SW Stock | EUR 77.30 1.85 2.45% |
| 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.
| 01/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Sodexo SA on January 20, 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 90 days. Sodexo SA is related to or competes with Interparfums, Stef SA, Virbac SA, Esker SA, and Trigano SA. 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.
| Downside Deviation | 0.9037 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 4.04 | |||
| Value At Risk | (1.27) | |||
| Potential Upside | 1.76 |
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 | 0.0144 | |||
| Jensen Alpha | 0.0141 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sodexo SA's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sodexo SA Backtested Returns
We consider Sodexo SA very steady. Sodexo SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0388, which indicates the firm had a 0.0388% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sodexo SA, which you can use to evaluate the volatility of the company. Please validate Sodexo SA's Risk Adjusted Performance of 0.0144, semi deviation of 0.8682, and Coefficient Of Variation of 5841.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.039%. Sodexo SA has a performance score of 3 on a scale of 0 to 100. The entity has a beta of -0.12, 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. Sodexo SA right now has a risk of 1.01%. Please validate Sodexo SA sortino ratio, potential upside, and the relationship between the jensen alpha and maximum drawdown , to decide if Sodexo SA will be following its existing price patterns.
Auto-correlation | 0.80 |
Very good predictability
Sodexo SA has very good predictability. Overlapping area represents the amount of predictability between Sodexo SA time series from 20th of January 2024 to 5th of March 2024 and 5th of March 2024 to 19th of April 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 0.8 indicates that around 80.0% of current Sodexo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 1.52 |
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 |
Currently Active Assets on Macroaxis
Check out Sodexo SA Correlation, Sodexo SA Volatility and Sodexo SA Alpha and Beta module to complement your research on Sodexo SA. You can also try the ETFs module to find actively traded Exchange Traded Funds (ETF) from around the world.
Complementary Tools for Sodexo Stock analysis
When running Sodexo SA's price analysis, check to measure Sodexo SA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sodexo SA is operating at the current time. Most of Sodexo SA's value examination focuses on studying past and present price action to predict the probability of Sodexo SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sodexo SA's price. Additionally, you may evaluate how the addition of Sodexo SA to your portfolios can decrease your overall portfolio volatility.
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Sodexo SA technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.