Sompo Holdings Stock Market Value
| NHOLF Stock | USD 25.03 0.00 0.00% |
| Symbol | Sompo |
Sompo Holdings '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 Sompo Holdings' pink sheet 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 Sompo Holdings.
| 10/10/2023 |
| 12/03/2024 |
If you would invest 0.00 in Sompo Holdings on October 10, 2023 and sell it all today you would earn a total of 0.00 from holding Sompo Holdings or generate 0.0% return on investment in Sompo Holdings over 420 days. Sompo Holdings is related to or competes with Progressive Corp, White Mountains, Chubb, W R, Kinsale Capital, RLI Corp, and W R. Sompo Holdings, Inc. provides property and casualty insurance services in Japan and internationally More
Sompo Holdings 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 Sompo Holdings' pink sheet 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 Sompo Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0628 | |||
| Maximum Drawdown | 23.3 | |||
| Value At Risk | (0.14) | |||
| Potential Upside | 4.25 |
Sompo Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sompo Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sompo Holdings' standard deviation. In reality, there are many statistical measures that can use Sompo Holdings historical prices to predict the future Sompo Holdings' volatility.| Risk Adjusted Performance | 0.095 | |||
| Jensen Alpha | 0.3002 | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | (0.79) |
Sompo Holdings Backtested Returns
Sompo Holdings appears to be not too volatile, given 3 months investment horizon. Sompo Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found eighteen technical indicators for Sompo Holdings, which you can use to evaluate the volatility of the company. Please review Sompo Holdings' Variance of 5.56, risk adjusted performance of 0.095, and Coefficient Of Variation of 865.73 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sompo Holdings holds a performance score of 9. The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sompo Holdings are expected to decrease at a much lower rate. During the bear market, Sompo Holdings is likely to outperform the market. Please check Sompo Holdings' information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to make a quick decision on whether Sompo Holdings' existing price patterns will revert.
Auto-correlation | 0.31 |
Below average predictability
Sompo Holdings has below average predictability. Overlapping area represents the amount of predictability between Sompo Holdings time series from 10th of October 2023 to 7th of May 2024 and 7th of May 2024 to 3rd of December 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 Sompo Holdings price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Sompo Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sompo Holdings lagged returns against current returns
Autocorrelation, which is Sompo Holdings pink sheet'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 Sompo Holdings' pink sheet expected returns. We can calculate the autocorrelation of Sompo Holdings returns to help us make a trade decision. For example, suppose you find that Sompo Holdings has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Sompo Holdings 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 Sompo Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sompo Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sompo Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sompo Holdings Lagged Returns
When evaluating Sompo Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sompo Holdings pink sheet have on its future price. Sompo Holdings 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, Sompo Holdings autocorrelation shows the relationship between Sompo Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sompo Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sompo Pink Sheet
Sompo Holdings financial ratios help investors to determine whether Sompo Pink Sheet 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 Sompo with respect to the benefits of owning Sompo Holdings security.