Compagnie Pink Sheet Market Value

CODYY Stock  USD 11.93  0.12  1.00%   
Compagnie's market value is the price at which a share of Compagnie stock trades on a public exchange. It measures the collective expectations of Compagnie De Saint-Gobain investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Compagnie De Saint-Gobain and determine expected loss or profit from investing in Compagnie over a given investment horizon. Continue to Compagnie Correlation, Compagnie Volatility and Compagnie Alpha and Beta module to complement your research on Compagnie.

Please note, there is a significant difference between Compagnie's value and its price as these two are different measures arrived at by different means. Investors typically determine Compagnie value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Compagnie's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Compagnie '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 Compagnie's pink sheet 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 Compagnie.
No Change 0.00  0.0 
In 1 year and 26 days
If you would invest  0.00  in Compagnie on January 11, 2022 and sell it all today you would earn a total of 0.00 from holding Compagnie De Saint-Gobain or generate 0.0% return on investment in Compagnie over 390 days. Compagnie is related to or competes with Fortune Brands, Latham, Compagnie, NIBE Industrier, NIBE Industrier, and Daikin Industries. Compagnie de Saint-Gobain S.A. designs, manufactures, and distributes materials and solutions for wellbeing worldwide More

Compagnie 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 Compagnie's pink sheet 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 Compagnie De Saint-Gobain upside and downside potential and time the market with a certain degree of confidence.

Compagnie Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Compagnie's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Compagnie's standard deviation. In reality, there are many statistical measures that can use Compagnie historical prices to predict the future Compagnie's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Compagnie'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. Please use the tools below to analyze the current value of Compagnie in the context of predictive analytics.
LowEstimated ValueHigh
LowReal ValueHigh
LowNext ValueHigh
Band Projection (param)
LowerMiddle BandUpper
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Compagnie. Your research has to be compared to or analyzed against Compagnie's peers to derive any actionable benefits. When done correctly, Compagnie's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Compagnie De Saint-Gobain.

Compagnie De Saint-Gobain Backtested Returns

Compagnie appears to be not too volatile, given 3 months investment horizon. Compagnie De Saint-Gobain secures Sharpe Ratio (or Efficiency) of 0.3, which signifies that the company had 0.3% of return per unit of risk over the last 3 months. Our standpoint towards foreseeing the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. By analyzing Compagnie De Saint-Gobain technical indicators you can presently evaluate if the expected return of 0.58% is justified by implied risk. Please makes use of Compagnie's Mean Deviation of 1.57, risk adjusted performance of 0.3246, and Downside Deviation of 1.64 to double-check if our risk estimates are consistent with your expectations.
On a scale of 0 to 100, Compagnie holds a performance score of 22. The firm shows a Beta (market volatility) of 1.113, which signifies a somewhat significant risk relative to the market. Let's try to break down what Compagnie's beta means in this case. Compagnie returns are very sensitive to returns on the market. As the market goes up or down, Compagnie is expected to follow. Although it is vital to follow Compagnie De Saint-Gobain historical returns, it is good to be conservative about what you can do with the information regarding equity current trending patterns. The philosophy towards foreseeing future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. We have found twenty-one technical indicators for Compagnie De Saint-Gobain, which you can use to evaluate the performance of the firm. Please makes use of Compagnie De Saint-Gobain downside deviation, treynor ratio, as well as the relationship between the Treynor Ratio and expected short fall to make a quick decision on whether Compagnie price patterns will revert.



Very good reverse predictability

Compagnie De Saint-Gobain has very good reverse predictability. Overlapping area represents the amount of predictability between Compagnie time series from 11th of January 2022 to 25th of July 2022 and 25th of July 2022 to 5th of February 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Compagnie De Saint-Gobain price movement. The serial correlation of -0.64 indicates that roughly 64.0% of current Compagnie price fluctuation can be explain by its past prices.
Correlation Coefficient-0.64
Spearman Rank Test-0.56
Residual Average0.0
Price Variance1.65

Compagnie De Saint-Gobain lagged returns against current returns

Autocorrelation, which is Compagnie pink sheet'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 Compagnie's pink sheet expected returns. We can calculate the autocorrelation of Compagnie returns to help us make a trade decision. For example, suppose you find that Compagnie pink sheet 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 stock movement to match the lagging time series.
   Current and Lagged Values   

Compagnie 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 Compagnie pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Compagnie pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Compagnie pink sheet over time.
   Current vs Lagged Prices   

Compagnie Lagged Returns

When evaluating Compagnie's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Compagnie pink sheet have on its future price. Compagnie 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, Compagnie autocorrelation shows the relationship between Compagnie pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Compagnie De Saint-Gobain.
   Regressed Prices   

Be your own money manager

Our tools can tell you how much better you can do entering a position in Compagnie without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Pair Trading with Compagnie

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Compagnie position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Compagnie will appreciate offsetting losses from the drop in the long position's value.

Moving together with Compagnie

+0.63CARRCarrier GlobalCorp Earnings Call This WeekPairCorr

Moving against Compagnie

-0.55OIGOrbital Energy Group Symbol ChangePairCorr
The ability to find closely correlated positions to Compagnie could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Compagnie when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Compagnie - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Compagnie De Saint-Gobain to buy it.
The correlation of Compagnie is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Compagnie moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Compagnie De Saint-Gobain moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Compagnie can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Compagnie Correlation, Compagnie Volatility and Compagnie Alpha and Beta module to complement your research on Compagnie. You can also try Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.

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Compagnie technical pink sheet 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, pink sheet market cycles, or different charting patterns.
A focus of Compagnie technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Compagnie trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...