Esker SA (France) Market Value
| ALESK Stock | EUR 182.50 9.40 4.90% |
| Symbol | Esker |
Esker 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 Esker 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 Esker SA.
| 05/19/2024 |
| 06/18/2024 |
If you would invest 0.00 in Esker SA on May 19, 2024 and sell it all today you would earn a total of 0.00 from holding Esker SA or generate 0.0% return on investment in Esker SA over 30 days. Esker SA is related to or competes with Groupe Guillin, DLSI, Manitou BF, Gecina SA, Ekinops SA, Orapi SA, and Amundi Index. Esker SA provides document processing automation solutions in France and internationally More
Esker 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 Esker 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 Esker SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.1202 | |||
| Maximum Drawdown | 8.58 | |||
| Value At Risk | (3.13) | |||
| Potential Upside | 3.17 |
Esker SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Esker SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Esker SA's standard deviation. In reality, there are many statistical measures that can use Esker SA historical prices to predict the future Esker SA's volatility.| Risk Adjusted Performance | 0.1034 | |||
| Jensen Alpha | 0.2795 | |||
| Total Risk Alpha | 0.1889 | |||
| Sortino Ratio | 0.0995 | |||
| Treynor Ratio | (3.97) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Esker 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.
Esker SA Backtested Returns
We consider Esker SA out of control. Esker SA secures Sharpe Ratio (or Efficiency) of 0.0176, which denotes the company had a 0.0176% return per unit of risk over the last 3 months. We have found thirty technical indicators for Esker SA, which you can use to evaluate the volatility of the firm. Please confirm Esker SA's Mean Deviation of 1.6, coefficient of variation of 716.55, and Downside Deviation of 2.49 to check if the risk estimate we provide is consistent with the expected return of 0.036%. Esker SA has a performance score of 1 on a scale of 0 to 100. The firm shows a Beta (market volatility) of -0.0698, which means not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Esker SA are expected to decrease at a much lower rate. During the bear market, Esker SA is likely to outperform the market. Esker SA right now shows a risk of 2.05%. Please confirm Esker SA potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Esker SA will be following its price patterns.
Auto-correlation | 0.64 |
Good predictability
Esker SA has good predictability. Overlapping area represents the amount of predictability between Esker SA time series from 19th of May 2024 to 3rd of June 2024 and 3rd of June 2024 to 18th 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 Esker SA price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Esker SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.22 | |
| Residual Average | 0.0 | |
| Price Variance | 43.64 |
Esker SA lagged returns against current returns
Autocorrelation, which is Esker 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 Esker SA's stock expected returns. We can calculate the autocorrelation of Esker SA returns to help us make a trade decision. For example, suppose you find that Esker 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 |
Esker 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 Esker SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Esker SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Esker SA stock over time.
Current vs Lagged Prices |
| Timeline |
Esker SA Lagged Returns
When evaluating Esker SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Esker SA stock have on its future price. Esker 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, Esker SA autocorrelation shows the relationship between Esker SA stock current value and its past values and can show if there is a momentum factor associated with investing in Esker SA.
Regressed Prices |
| Timeline |
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Additional Tools for Esker Stock Analysis
When running Esker SA's price analysis, check to measure Esker 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 Esker SA is operating at the current time. Most of Esker SA's value examination focuses on studying past and present price action to predict the probability of Esker 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 Esker SA's price. Additionally, you may evaluate how the addition of Esker SA to your portfolios can decrease your overall portfolio volatility.