Aubay Socit (France) Market Value
| AUB Stock | EUR 43.35 1.15 2.73% |
| Symbol | Aubay |
Aubay Socit '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 Aubay Socit'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 Aubay Socit.
| 05/15/2024 |
| 06/14/2024 |
If you would invest 0.00 in Aubay Socit on May 15, 2024 and sell it all today you would earn a total of 0.00 from holding Aubay Socit Anonyme or generate 0.0% return on investment in Aubay Socit over 30 days. Aubay Socit is related to or competes with ACTEOS SA, Linedata Services, Lectra SA, Manitou BF, Amundi Index, Gecina SA, and Ekinops SA. Aubay Socit Anonyme operates as a digital services company in Belgium, Luxembourg, Spain, Portugal, Italy, and France More
Aubay Socit 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 Aubay Socit'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 Aubay Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.51 | |||
| Information Ratio | 0.0874 | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (2.14) | |||
| Potential Upside | 2.53 |
Aubay Socit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Aubay Socit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Aubay Socit's standard deviation. In reality, there are many statistical measures that can use Aubay Socit historical prices to predict the future Aubay Socit's volatility.| Risk Adjusted Performance | 0.0591 | |||
| Jensen Alpha | 0.1145 | |||
| Total Risk Alpha | 0.1419 | |||
| Sortino Ratio | 0.0832 | |||
| Treynor Ratio | 1.26 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Aubay Socit'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.
Aubay Socit Anonyme Backtested Returns
We consider Aubay Socit very steady. Aubay Socit Anonyme secures Sharpe Ratio (or Efficiency) of 0.0938, which signifies that the company had a 0.0938% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for Aubay Socit Anonyme, which you can use to evaluate the volatility of the firm. Please confirm Aubay Socit's risk adjusted performance of 0.0591, and Mean Deviation of 1.02 to double-check if the risk estimate we provide is consistent with the expected return of 0.14%. Aubay Socit has a performance score of 7 on a scale of 0 to 100. The firm shows a Beta (market volatility) of 0.0899, which signifies not very significant fluctuations relative to the market. As returns on the market increase, Aubay Socit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Aubay Socit is expected to be smaller as well. Aubay Socit Anonyme right now shows a risk of 1.54%. Please confirm Aubay Socit Anonyme sortino ratio, semi variance, and the relationship between the standard deviation and value at risk , to decide if Aubay Socit Anonyme will be following its price patterns.
Auto-correlation | 0.13 |
Insignificant predictability
Aubay Socit Anonyme has insignificant predictability. Overlapping area represents the amount of predictability between Aubay Socit time series from 15th of May 2024 to 30th of May 2024 and 30th of May 2024 to 14th of June 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 Aubay Socit Anonyme price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Aubay Socit price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Aubay Socit Anonyme lagged returns against current returns
Autocorrelation, which is Aubay Socit 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 Aubay Socit's stock expected returns. We can calculate the autocorrelation of Aubay Socit returns to help us make a trade decision. For example, suppose you find that Aubay Socit 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 |
Aubay Socit 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 Aubay Socit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Aubay Socit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Aubay Socit stock over time.
Current vs Lagged Prices |
| Timeline |
Aubay Socit Lagged Returns
When evaluating Aubay Socit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Aubay Socit stock have on its future price. Aubay Socit 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, Aubay Socit autocorrelation shows the relationship between Aubay Socit stock current value and its past values and can show if there is a momentum factor associated with investing in Aubay Socit Anonyme.
Regressed Prices |
| Timeline |
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Other Information on Investing in Aubay Stock
Aubay Socit financial ratios help investors to determine whether Aubay 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 Aubay with respect to the benefits of owning Aubay Socit security.