Securitas (Germany) Market Value
| S7MB Stock | EUR 12.02 0.05 0.42% |
| Symbol | Securitas |
Securitas '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 Securitas' 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 Securitas.
| 11/28/2024 |
| 12/28/2024 |
If you would invest 0.00 in Securitas on November 28, 2024 and sell it all today you would earn a total of 0.00 from holding Securitas AB or generate 0.0% return on investment in Securitas over 30 days. Securitas is related to or competes with ABB PAR, ASSA ABLOY, SECOM CO, Halma Plc, Allegion Plc, ADT, and MSA Safety. Securitas AB provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Aust... More
Securitas 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 Securitas' 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 Securitas AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | 0.1114 | |||
| Maximum Drawdown | 20.17 | |||
| Value At Risk | (1.92) | |||
| Potential Upside | 2.62 |
Securitas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Securitas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Securitas' standard deviation. In reality, there are many statistical measures that can use Securitas historical prices to predict the future Securitas' volatility.| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.35 | |||
| Total Risk Alpha | 0.2727 | |||
| Sortino Ratio | 0.2577 | |||
| Treynor Ratio | 1.28 |
Securitas AB Backtested Returns
Securitas appears to be not too volatile, given 3 months investment horizon. Securitas AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Securitas AB, which you can use to evaluate the volatility of the company. Please review Securitas' Coefficient Of Variation of 818.55, risk adjusted performance of 0.1047, and Semi Deviation of 0.9911 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Securitas holds a performance score of 10. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Securitas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Securitas is expected to be smaller as well. Please check Securitas' downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Securitas' existing price patterns will revert.
Auto-correlation | 0.17 |
Very weak predictability
Securitas AB has very weak predictability. Overlapping area represents the amount of predictability between Securitas time series from 28th of November 2024 to 13th of December 2024 and 13th of December 2024 to 28th 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 Securitas AB price movement. The serial correlation of 0.17 indicates that over 17.0% of current Securitas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.17 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Securitas AB lagged returns against current returns
Autocorrelation, which is Securitas 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 Securitas' stock expected returns. We can calculate the autocorrelation of Securitas returns to help us make a trade decision. For example, suppose you find that Securitas 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 |
Securitas 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 Securitas stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Securitas stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Securitas stock over time.
Current vs Lagged Prices |
| Timeline |
Securitas Lagged Returns
When evaluating Securitas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Securitas stock have on its future price. Securitas 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, Securitas autocorrelation shows the relationship between Securitas stock current value and its past values and can show if there is a momentum factor associated with investing in Securitas AB.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Securitas Stock
Securitas financial ratios help investors to determine whether Securitas 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 Securitas with respect to the benefits of owning Securitas security.