SUPER GROUP (Germany) Market Value
| S8G1 Stock | EUR 1.48 0.25 20.33% |
| Symbol | SUPER |
SUPER GROUP '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 SUPER GROUP'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 SUPER GROUP.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in SUPER GROUP on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SUPER GROUP LTD or generate 0.0% return on investment in SUPER GROUP over 30 days. SUPER GROUP is related to or competes with Commercial Vehicle, Daido Steel, ALGOMA STEEL, CVW CLEANTECH, Boiron SA, and Ultra Clean. Super Group Limited engages in the supply chain management, dealership, and fleet management activities in South Africa,... More
SUPER GROUP 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 SUPER GROUP'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 SUPER GROUP LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.89 | |||
| Information Ratio | 0.1044 | |||
| Maximum Drawdown | 96.6 | |||
| Value At Risk | (4.13) | |||
| Potential Upside | 3.13 |
SUPER GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SUPER GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUPER GROUP's standard deviation. In reality, there are many statistical measures that can use SUPER GROUP historical prices to predict the future SUPER GROUP's volatility.| Risk Adjusted Performance | 0.0978 | |||
| Jensen Alpha | 1.49 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.412 | |||
| Treynor Ratio | (0.87) |
SUPER GROUP LTD Backtested Returns
SUPER GROUP is out of control given 3 months investment horizon. SUPER GROUP LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.66% are justified by taking the suggested risk. Use SUPER GROUP LTD coefficient of variation of 864.06, and Risk Adjusted Performance of 0.0978 to evaluate company specific risk that cannot be diversified away. SUPER GROUP holds a performance score of 11 on a scale of zero to a hundred. The entity has a beta of -1.5, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SUPER GROUP are expected to decrease by larger amounts. On the other hand, during market turmoil, SUPER GROUP is expected to outperform it. Use SUPER GROUP LTD total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to analyze future returns on SUPER GROUP LTD.
Auto-correlation | -0.06 |
Very weak reverse predictability
SUPER GROUP LTD has very weak reverse predictability. Overlapping area represents the amount of predictability between SUPER GROUP time series from 27th of October 2024 to 11th of November 2024 and 11th of November 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 SUPER GROUP LTD price movement. The serial correlation of -0.06 indicates that barely 6.0% of current SUPER GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SUPER GROUP LTD lagged returns against current returns
Autocorrelation, which is SUPER GROUP 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 SUPER GROUP's stock expected returns. We can calculate the autocorrelation of SUPER GROUP returns to help us make a trade decision. For example, suppose you find that SUPER GROUP 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 |
SUPER GROUP 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 SUPER GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUPER GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUPER GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
SUPER GROUP Lagged Returns
When evaluating SUPER GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUPER GROUP stock have on its future price. SUPER GROUP 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, SUPER GROUP autocorrelation shows the relationship between SUPER GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SUPER GROUP LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SUPER Stock
SUPER GROUP financial ratios help investors to determine whether SUPER 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 SUPER with respect to the benefits of owning SUPER GROUP security.