Sodexo Sa Stock Market Value
| SDXOF Stock | USD 84.25 2.25 2.74% |
| 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 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 Sodexo SA.
| 01/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sodexo SA on January 26, 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 Thomson Reuters, Cintas, Global Payments, Wolters Kluwer, and Sodexo PK. 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 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 Sodexo SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 27.21 | |||
| Potential Upside | 0.2683 |
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 | (0.06) | |||
| Jensen Alpha | (0.38) | |||
| Total Risk Alpha | (0.83) | |||
| Treynor Ratio | 2.51 |
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
Sodexo SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Sodexo SA exposes twenty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sodexo SA's Risk Adjusted Performance of (0.06), variance of 12.1, and Coefficient Of Variation of (903.52) to confirm the risk estimate we provide. The entity has a beta of -0.16, 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 has an expected return of -0.4%. Please make sure to validate Sodexo SA coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and rate of daily change , to decide if Sodexo SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Sodexo SA has below average predictability. Overlapping area represents the amount of predictability between Sodexo SA time series from 26th of January 2024 to 11th of March 2024 and 11th of March 2024 to 25th 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 0.35 indicates that nearly 35.0% of current Sodexo SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.32 |
Sodexo SA lagged returns against current returns
Autocorrelation, which is Sodexo SA 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 Sodexo SA's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sodexo SA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sodexo SA pink sheet 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 pink sheet 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 pink sheet 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 Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
Complementary Tools for Sodexo Pink Sheet 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 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.