SLIGRO FOOD (Germany) Market Value
| 8SF Stock | 10.72 0.02 0.19% |
| Symbol | SLIGRO |
SLIGRO FOOD '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 SLIGRO FOOD'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 SLIGRO FOOD.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in SLIGRO FOOD on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding SLIGRO FOOD GROUP or generate 0.0% return on investment in SLIGRO FOOD over 30 days. SLIGRO FOOD is related to or competes with SIVERS SEMICONDUCTORS, Darden Restaurants, Reliance Steel, Q2M Managementberatu, Hyster-Yale Materials, Hastings Technology, and Meli Hotels. More
SLIGRO FOOD 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 SLIGRO FOOD'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 SLIGRO FOOD GROUP upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.33) | |||
| Maximum Drawdown | 5.75 | |||
| Value At Risk | (1.98) | |||
| Potential Upside | 1.88 |
SLIGRO FOOD Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SLIGRO FOOD's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SLIGRO FOOD's standard deviation. In reality, there are many statistical measures that can use SLIGRO FOOD historical prices to predict the future SLIGRO FOOD's volatility.| Risk Adjusted Performance | (0.16) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.42) | |||
| Treynor Ratio | (1.64) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SLIGRO FOOD'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.
SLIGRO FOOD GROUP Backtested Returns
SLIGRO FOOD GROUP owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the firm had a -0.21% return per unit of volatility over the last 3 months. SLIGRO FOOD GROUP exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SLIGRO FOOD's risk adjusted performance of (0.16), and Variance of 1.25 to confirm the risk estimate we provide. The entity has a beta of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SLIGRO FOOD's returns are expected to increase less than the market. However, during the bear market, the loss of holding SLIGRO FOOD is expected to be smaller as well. At this point, SLIGRO FOOD GROUP has a negative expected return of -0.23%. Please make sure to validate SLIGRO FOOD's potential upside, day median price, and the relationship between the treynor ratio and accumulation distribution , to decide if SLIGRO FOOD GROUP performance from the past will be repeated at future time.
Auto-correlation | 0.81 |
Very good predictability
SLIGRO FOOD GROUP has very good predictability. Overlapping area represents the amount of predictability between SLIGRO FOOD time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 SLIGRO FOOD GROUP price movement. The serial correlation of 0.81 indicates that around 81.0% of current SLIGRO FOOD price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
SLIGRO FOOD GROUP lagged returns against current returns
Autocorrelation, which is SLIGRO FOOD 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 SLIGRO FOOD's stock expected returns. We can calculate the autocorrelation of SLIGRO FOOD returns to help us make a trade decision. For example, suppose you find that SLIGRO FOOD 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 |
SLIGRO FOOD 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 SLIGRO FOOD stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SLIGRO FOOD stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SLIGRO FOOD stock over time.
Current vs Lagged Prices |
| Timeline |
SLIGRO FOOD Lagged Returns
When evaluating SLIGRO FOOD's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SLIGRO FOOD stock have on its future price. SLIGRO FOOD 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, SLIGRO FOOD autocorrelation shows the relationship between SLIGRO FOOD stock current value and its past values and can show if there is a momentum factor associated with investing in SLIGRO FOOD GROUP.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SLIGRO Stock Analysis
When running SLIGRO FOOD's price analysis, check to measure SLIGRO FOOD'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 SLIGRO FOOD is operating at the current time. Most of SLIGRO FOOD's value examination focuses on studying past and present price action to predict the probability of SLIGRO FOOD's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SLIGRO FOOD's price. Additionally, you may evaluate how the addition of SLIGRO FOOD to your portfolios can decrease your overall portfolio volatility.