Sdiptech's market value is the price at which a share of Sdiptech trades on a public exchange. It measures the collective expectations of Sdiptech AB investors about its performance. Sdiptech is selling for under 224.60 as of the 10th of January 2025; that is 0.62 percent decrease since the beginning of the trading day. The stock's lowest day price was 220.6. With this module, you can estimate the performance of a buy and hold strategy of Sdiptech AB and determine expected loss or profit from investing in Sdiptech over a given investment horizon. Check out Sdiptech Correlation, Sdiptech Volatility and Sdiptech Alpha and Beta module to complement your research on Sdiptech.
Please note, there is a significant difference between Sdiptech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sdiptech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sdiptech'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.
Sdiptech '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 Sdiptech'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 Sdiptech.
0.00
12/11/2024
No Change 0.00
0.0
In 30 days
01/10/2025
0.00
If you would invest 0.00 in Sdiptech on December 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sdiptech AB or generate 0.0% return on investment in Sdiptech over 30 days. Sdiptech is related to or competes with Walmart, BYD, Volkswagen, Volkswagen, Deutsche Post, Compass Group, and United Parcel. Sdiptech is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Sdiptech 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 Sdiptech'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 Sdiptech AB upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sdiptech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sdiptech's standard deviation. In reality, there are many statistical measures that can use Sdiptech historical prices to predict the future Sdiptech's volatility.
Sdiptech AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18% return per unit of risk over the last 3 months. Sdiptech AB exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sdiptech's Risk Adjusted Performance of (0.15), coefficient of variation of (515.83), and Variance of 3.91 to confirm the risk estimate we provide. The entity has a beta of 0.0552, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sdiptech's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sdiptech is expected to be smaller as well. At this point, Sdiptech AB has a negative expected return of -0.37%. Please make sure to validate Sdiptech's market risk adjusted performance, coefficient of variation, jensen alpha, as well as the relationship between the mean deviation and standard deviation , to decide if Sdiptech AB performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.59
Good reverse predictability
Sdiptech AB has good reverse predictability. Overlapping area represents the amount of predictability between Sdiptech time series from 11th of December 2024 to 26th of December 2024 and 26th of December 2024 to 10th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sdiptech AB price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Sdiptech price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.59
Spearman Rank Test
-0.53
Residual Average
0.0
Price Variance
23.74
Sdiptech AB lagged returns against current returns
Autocorrelation, which is Sdiptech 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 Sdiptech's stock expected returns. We can calculate the autocorrelation of Sdiptech returns to help us make a trade decision. For example, suppose you find that Sdiptech 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
Sdiptech 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 Sdiptech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sdiptech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sdiptech stock over time.
Current vs Lagged Prices
Timeline
Sdiptech Lagged Returns
When evaluating Sdiptech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sdiptech stock have on its future price. Sdiptech 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, Sdiptech autocorrelation shows the relationship between Sdiptech stock current value and its past values and can show if there is a momentum factor associated with investing in Sdiptech AB.
Regressed Prices
Timeline
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.
When running Sdiptech's price analysis, check to measure Sdiptech'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 Sdiptech is operating at the current time. Most of Sdiptech's value examination focuses on studying past and present price action to predict the probability of Sdiptech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sdiptech's price. Additionally, you may evaluate how the addition of Sdiptech to your portfolios can decrease your overall portfolio volatility.