SEAZEN GROUP (Germany) Market Value
| 6FLA Stock | EUR 0.24 0.01 4.00% |
| Symbol | SEAZEN |
SEAZEN GROUP '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 SEAZEN GROUP'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 SEAZEN GROUP.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in SEAZEN GROUP on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding SEAZEN GROUP LTD or generate 0.0% return on investment in SEAZEN GROUP over 30 days. SEAZEN GROUP is related to or competes with BLUESCOPE STEEL, Gamma Communications, Perma-Fix Environmental, Nippon Steel, WillScot Mobile, ALGOMA STEEL, and BlueScope Steel. Seazen Group Limited, together with its subsidiaries, engages in the investment, development, and sale of properties in ... More
SEAZEN GROUP 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 SEAZEN GROUP'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 SEAZEN GROUP LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.03 | |||
| Information Ratio | 0.1087 | |||
| Maximum Drawdown | 41.28 | |||
| Value At Risk | (7.14) | |||
| Potential Upside | 10.53 |
SEAZEN GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEAZEN GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEAZEN GROUP's standard deviation. In reality, there are many statistical measures that can use SEAZEN GROUP historical prices to predict the future SEAZEN GROUP's volatility.| Risk Adjusted Performance | 0.1086 | |||
| Jensen Alpha | 0.7497 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.094 | |||
| Treynor Ratio | 2.98 |
SEAZEN GROUP LTD Backtested Returns
SEAZEN GROUP appears to be out of control, given 3 months investment horizon. SEAZEN GROUP LTD retains Efficiency (Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By evaluating SEAZEN GROUP's technical indicators, you can evaluate if the expected return of 0.8% is justified by implied risk. Please review SEAZEN GROUP's downside deviation of 7.03, and Risk Adjusted Performance of 0.1086 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SEAZEN GROUP holds a performance score of 10. The entity owns a Beta (Systematic Risk) of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SEAZEN GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding SEAZEN GROUP is expected to be smaller as well. Please check SEAZEN GROUP's downside deviation, information ratio, and the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether SEAZEN GROUP's current price history will revert.
Auto-correlation | -0.63 |
Very good reverse predictability
SEAZEN GROUP LTD has very good reverse predictability. Overlapping area represents the amount of predictability between SEAZEN GROUP time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 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 SEAZEN GROUP LTD price movement. The serial correlation of -0.63 indicates that roughly 63.0% of current SEAZEN GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.63 | |
| Spearman Rank Test | -0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SEAZEN GROUP LTD lagged returns against current returns
Autocorrelation, which is SEAZEN GROUP 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 SEAZEN GROUP's stock expected returns. We can calculate the autocorrelation of SEAZEN GROUP returns to help us make a trade decision. For example, suppose you find that SEAZEN GROUP 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 |
SEAZEN GROUP 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 SEAZEN GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEAZEN GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEAZEN GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
SEAZEN GROUP Lagged Returns
When evaluating SEAZEN GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEAZEN GROUP stock have on its future price. SEAZEN GROUP 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, SEAZEN GROUP autocorrelation shows the relationship between SEAZEN GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SEAZEN GROUP LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SEAZEN Stock
SEAZEN GROUP financial ratios help investors to determine whether SEAZEN Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SEAZEN with respect to the benefits of owning SEAZEN GROUP security.