Signify Nv Stock Market Value
| PHPPY Stock | USD 11.50 0.22 1.95% |
| Symbol | Signify |
Signify NV '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 Signify NV's 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 Signify NV.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Signify NV on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Signify NV or generate 0.0% return on investment in Signify NV over 510 days. Signify NV is related to or competes with FREYR Battery, NVent Electric, Hubbell, Advanced Energy, Vertiv Holdings, Energizer Holdings, and NeoVolta Common. Signify N.V. provides lighting products, systems, and services in Europe, the Americas, and internationally More
Signify NV 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 Signify NV's 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 Signify NV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 13.87 | |||
| Value At Risk | (3.10) | |||
| Potential Upside | 4.04 |
Signify NV Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Signify NV's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Signify NV's standard deviation. In reality, there are many statistical measures that can use Signify NV historical prices to predict the future Signify NV's volatility.| Risk Adjusted Performance | 0.0145 | |||
| Jensen Alpha | 0.0338 | |||
| Total Risk Alpha | (0.32) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.07) |
Signify NV Backtested Returns
At this stage we consider Signify Pink Sheet to be not too volatile. Signify NV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0108, which indicates the firm had a 0.0108% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Signify NV, which you can use to evaluate the volatility of the company. Please validate Signify NV's Coefficient Of Variation of 9481.05, risk adjusted performance of 0.0145, and Semi Deviation of 1.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.0238%. The entity has a beta of -0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Signify NV are expected to decrease at a much lower rate. During the bear market, Signify NV is likely to outperform the market. Signify NV right now has a risk of 2.2%. Please validate Signify NV treynor ratio, as well as the relationship between the expected short fall and day typical price , to decide if Signify NV will be following its existing price patterns.
Auto-correlation | -0.17 |
Insignificant reverse predictability
Signify NV has insignificant reverse predictability. Overlapping area represents the amount of predictability between Signify NV time series from 5th of July 2023 to 16th of March 2024 and 16th of March 2024 to 26th 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 Signify NV price movement. The serial correlation of -0.17 indicates that over 17.0% of current Signify NV price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.17 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.89 |
Signify NV lagged returns against current returns
Autocorrelation, which is Signify NV 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 Signify NV's pink sheet expected returns. We can calculate the autocorrelation of Signify NV returns to help us make a trade decision. For example, suppose you find that Signify NV 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 |
Signify NV 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 Signify NV pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Signify NV pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Signify NV pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Signify NV Lagged Returns
When evaluating Signify NV's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Signify NV pink sheet have on its future price. Signify NV 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, Signify NV autocorrelation shows the relationship between Signify NV pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Signify NV.
Regressed Prices |
| Timeline |
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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.Additional Tools for Signify Pink Sheet Analysis
When running Signify NV's price analysis, check to measure Signify NV'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 Signify NV is operating at the current time. Most of Signify NV's value examination focuses on studying past and present price action to predict the probability of Signify NV's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Signify NV's price. Additionally, you may evaluate how the addition of Signify NV to your portfolios can decrease your overall portfolio volatility.