CAC 40 (France) Market Value

FCHI
 Index
  

 5,765  11.19  0.19%   

CAC 40's market value is the price at which a share of CAC 40 stock trades on a public exchange. It measures the collective expectations of CAC 40 investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of CAC 40 and determine expected loss or profit from investing in CAC 40 over a given investment horizon. Check out CAC 40 Correlation, CAC 40 Volatility and CAC 40 Alpha and Beta module to complement your research on CAC 40.
Symbol

Please note, there is a significant difference between CAC 40's value and its price as these two are different measures arrived at by different means. Investors typically determine CAC 40 value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, CAC 40'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.

CAC 40 '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 CAC 40's index 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 CAC 40.
0.00
08/29/2022
No Change 0.00  0.0 
In 31 days
09/28/2022
0.00
If you would invest  0.00  in CAC 40 on August 29, 2022 and sell it all today you would earn a total of 0.00 from holding CAC 40 or generate 0.0% return on investment in CAC 40 over 30 days. More

CAC 40 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 CAC 40's index 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 CAC 40 upside and downside potential and time the market with a certain degree of confidence.

CAC 40 Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for CAC 40's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as CAC 40's standard deviation. In reality, there are many statistical measures that can use CAC 40 historical prices to predict the future CAC 40's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of CAC 40'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 CAC 40 in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
5,7645,7655,766
Details
Intrinsic
Valuation
LowReal ValueHigh
5,1895,9695,970
Details
Naive
Forecast
LowNext ValueHigh
5,6035,6045,606
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
5,7346,0866,438
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as CAC 40. Your research has to be compared to or analyzed against CAC 40's peers to derive any actionable benefits. When done correctly, CAC 40'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 CAC 40.

CAC 40 Backtested Returns

CAC 40 retains Efficiency (Sharpe Ratio) of -0.0338, which signifies that the index had -0.0338% of return per unit of risk over the last 3 months. Macroaxis approach to foreseeing the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. CAC 40 exposes twenty-one different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The entity owns a Beta (Systematic Risk) of 0.0, which signifies not very significant fluctuations relative to the market. Let's try to break down what CAC 40's beta means in this case. the returns on MARKET and CAC 40 are completely uncorrelated. Even though it is essential to pay attention to CAC 40 existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach to foreseeing any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. CAC 40 exposes twenty-one different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.4  

Poor reverse predictability

CAC 40 has poor reverse predictability. Overlapping area represents the amount of predictability between CAC 40 time series from 29th of August 2022 to 13th of September 2022 and 13th of September 2022 to 28th of September 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of CAC 40 price movement. The serial correlation of -0.4 indicates that just about 40.0% of current CAC 40 price fluctuation can be explain by its past prices.
Correlation Coefficient-0.4
Spearman Rank Test-0.37
Residual Average0.0
Price Variance28477.63

CAC 40 lagged returns against current returns

Autocorrelation, which is CAC 40 index'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 CAC 40's index expected returns. We can calculate the autocorrelation of CAC 40 returns to help us make a trade decision. For example, suppose you find that CAC 40 index 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   
Share
       Timeline  

CAC 40 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 CAC 40 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if CAC 40 index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in CAC 40 index over time.
   Current vs Lagged Prices   
Share
       Timeline  

CAC 40 Lagged Returns

When evaluating CAC 40's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of CAC 40 index have on its future price. CAC 40 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, CAC 40 autocorrelation shows the relationship between CAC 40 index current value and its past values and can show if there is a momentum factor associated with investing in CAC 40.
   Regressed Prices   
Share
       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 CAC 40 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, CAC 40's short interest history, or implied volatility extrapolated from CAC 40 options trading.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out CAC 40 Correlation, CAC 40 Volatility and CAC 40 Alpha and Beta module to complement your research on CAC 40. Note that the CAC 40 information on this page should be used as a complementary analysis to other CAC 40's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Equity Valuation module to check real value of public entities based on technical and fundamental data.

Other Tools for CAC 40 Index

When running CAC 40 price analysis, check to measure CAC 40'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 CAC 40 is operating at the current time. Most of CAC 40's value examination focuses on studying past and present price action to predict the probability of CAC 40's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move CAC 40's price. Additionally, you may evaluate how the addition of CAC 40 to your portfolios can decrease your overall portfolio volatility.
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