SMTPC EO (Germany) Market Value
| 9P4 Stock | EUR 27.10 0.10 0.37% |
| Symbol | SMTPC |
SMTPC EO '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 SMTPC EO'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 SMTPC EO.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in SMTPC EO on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding SMTPC EO 305 or generate 0.0% return on investment in SMTPC EO over 270 days. SMTPC EO is related to or competes with EEDUCATION ALBERT, Citic Telecom, SK TELECOM, Ribbon Communications, DEVRY EDUCATION, SIEM OFFSHORE, and Adtalem Global. More
SMTPC EO 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 SMTPC EO'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 SMTPC EO 305 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7764 | |||
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 3.25 | |||
| Value At Risk | (1.08) | |||
| Potential Upside | 1.08 |
SMTPC EO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMTPC EO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SMTPC EO's standard deviation. In reality, there are many statistical measures that can use SMTPC EO historical prices to predict the future SMTPC EO's volatility.| Risk Adjusted Performance | 0.0064 | |||
| Jensen Alpha | 0.0039 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | 0.0497 |
SMTPC EO 305 Backtested Returns
At this point, SMTPC EO is very steady. SMTPC EO 305 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0223, which indicates the firm had a 0.0223% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SMTPC EO 305, which you can use to evaluate the volatility of the company. Please validate SMTPC EO's risk adjusted performance of 0.0064, and Coefficient Of Variation of 7997.19 to confirm if the risk estimate we provide is consistent with the expected return of 0.0131%. SMTPC EO has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.0551, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SMTPC EO are expected to decrease at a much lower rate. During the bear market, SMTPC EO is likely to outperform the market. SMTPC EO 305 presently has a risk of 0.59%. Please validate SMTPC EO jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if SMTPC EO will be following its existing price patterns.
Auto-correlation | 0.27 |
Poor predictability
SMTPC EO 305 has poor predictability. Overlapping area represents the amount of predictability between SMTPC EO time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 SMTPC EO 305 price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current SMTPC EO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | 0.26 | |
| Residual Average | 0.0 | |
| Price Variance | 0.17 |
SMTPC EO 305 lagged returns against current returns
Autocorrelation, which is SMTPC EO 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 SMTPC EO's stock expected returns. We can calculate the autocorrelation of SMTPC EO returns to help us make a trade decision. For example, suppose you find that SMTPC EO 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 |
SMTPC EO 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 SMTPC EO stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SMTPC EO stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SMTPC EO stock over time.
Current vs Lagged Prices |
| Timeline |
SMTPC EO Lagged Returns
When evaluating SMTPC EO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SMTPC EO stock have on its future price. SMTPC EO 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, SMTPC EO autocorrelation shows the relationship between SMTPC EO stock current value and its past values and can show if there is a momentum factor associated with investing in SMTPC EO 305.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SMTPC Stock
SMTPC EO financial ratios help investors to determine whether SMTPC 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 SMTPC with respect to the benefits of owning SMTPC EO security.