Elysee Development Corp Stock Market Value
| ASXSF Stock | USD 0.22 0.02 8.33% |
| Symbol | Elysee |
Elysee Development '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 Elysee Development'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 Elysee Development.
| 03/20/2024 |
| 04/19/2024 |
If you would invest 0.00 in Elysee Development on March 20, 2024 and sell it all today you would earn a total of 0.00 from holding Elysee Development Corp or generate 0.0% return on investment in Elysee Development over 30 days. Elysee Development is related to or competes with Flow Capital, and AGF Management. Elysee Development Corp. operates as an investment and venture capital firm that makes growth capital investments More
Elysee Development 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 Elysee Development'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 Elysee Development Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 40.5 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.52 |
Elysee Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Elysee Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Elysee Development's standard deviation. In reality, there are many statistical measures that can use Elysee Development historical prices to predict the future Elysee Development's volatility.| Risk Adjusted Performance | (0) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | (0.09) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Elysee Development'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.
Elysee Development Corp Backtested Returns
Elysee Development Corp secures Sharpe Ratio (or Efficiency) of -0.0211, which denotes the company had a -0.0211% return per unit of risk over the last 3 months. Elysee Development Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm Elysee Development's Mean Deviation of 3.21, variance of 39.63, and Standard Deviation of 6.3 to check the risk estimate we provide. The firm shows a Beta (market volatility) of 1.27, which means a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Elysee Development will likely underperform. Elysee Development Corp has an expected return of -0.13%. Please make sure to confirm Elysee Development Corp value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Elysee Development Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.43 |
Modest reverse predictability
Elysee Development Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Elysee Development time series from 20th of March 2024 to 4th of April 2024 and 4th of April 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 Elysee Development Corp price movement. The serial correlation of -0.43 indicates that just about 43.0% of current Elysee Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Elysee Development Corp lagged returns against current returns
Autocorrelation, which is Elysee Development 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 Elysee Development's pink sheet expected returns. We can calculate the autocorrelation of Elysee Development returns to help us make a trade decision. For example, suppose you find that Elysee Development has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Elysee Development 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 Elysee Development pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Elysee Development pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Elysee Development pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Elysee Development Lagged Returns
When evaluating Elysee Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Elysee Development pink sheet have on its future price. Elysee Development 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, Elysee Development autocorrelation shows the relationship between Elysee Development pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Elysee Development Corp.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Elysee Development in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Elysee Development's short interest history, or implied volatility extrapolated from Elysee Development options trading.
Pair Trading with Elysee Development
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 Elysee Development 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 Elysee Development will appreciate offsetting losses from the drop in the long position's value.Moving against Elysee Pink Sheet
| 0.73 | APO | Apollo Global Management Sell-off Trend | PairCorr |
| 0.73 | ARES | Ares Management LP Financial Report 26th of April 2024 | PairCorr |
| 0.67 | DIS | Walt Disney Report 8th of May 2024 | PairCorr |
| 0.57 | BX | Blackstone Group Financial Report 18th of July 2024 | PairCorr |
| 0.57 | IVSXF | Investor AB | PairCorr |
The ability to find closely correlated positions to Elysee Development could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Elysee Development 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 Elysee Development - 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 Elysee Development Corp to buy it.
The correlation of Elysee Development is a statistical measure of how it moves in relation to other instruments. 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 Elysee Development moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Elysee Development Corp 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 Elysee Development 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.Check out Elysee Development Correlation, Elysee Development Volatility and Elysee Development Alpha and Beta module to complement your research on Elysee Development. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Elysee Pink Sheet analysis
When running Elysee Development's price analysis, check to measure Elysee Development'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 Elysee Development is operating at the current time. Most of Elysee Development's value examination focuses on studying past and present price action to predict the probability of Elysee Development's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Elysee Development's price. Additionally, you may evaluate how the addition of Elysee Development to your portfolios can decrease your overall portfolio volatility.
| CEOs Directory Screen CEOs from public companies around the world | |
| Bollinger Bands Use Bollinger Bands indicator to analyze target price for a given investing horizon | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Options Analysis Analyze and evaluate options and option chains as a potential hedge for your portfolios | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
| Idea Analyzer Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas | |
| Money Managers Screen money managers from public funds and ETFs managed around the world |
Elysee Development 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.