SA Corporate (South Africa) Market Value
| SAC Stock | 286.00 5.00 1.72% |
| Symbol | SAC |
SA Corporate '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 SA Corporate'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 SA Corporate.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in SA Corporate on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding SA Corporate Real or generate 0.0% return on investment in SA Corporate over 30 days. SA Corporate is related to or competes with Lesaka Technologies, HomeChoice Investments, CA Sales, Deneb Investments, African Media, and Harmony Gold. More
SA Corporate 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 SA Corporate'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 SA Corporate Real upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.75 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.7 | |||
| Value At Risk | (2.40) | |||
| Potential Upside | 3.39 |
SA Corporate Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SA Corporate's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SA Corporate's standard deviation. In reality, there are many statistical measures that can use SA Corporate historical prices to predict the future SA Corporate's volatility.| Risk Adjusted Performance | 0.041 | |||
| Jensen Alpha | 0.0944 | |||
| Total Risk Alpha | (0.20) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.33) |
SA Corporate Real Backtested Returns
At this point, SA Corporate is very steady. SA Corporate Real retains Efficiency (Sharpe Ratio) of 0.0405, which indicates the company had a 0.0405% return per unit of price deviation over the last 3 months. We have found twenty-nine technical indicators for SA Corporate, which you can use to evaluate the volatility of the entity. Please validate SA Corporate's market risk adjusted performance of (0.32), and Standard Deviation of 1.72 to confirm if the risk estimate we provide is consistent with the expected return of 0.0705%. SA Corporate has a performance score of 3 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SA Corporate are expected to decrease at a much lower rate. During the bear market, SA Corporate is likely to outperform the market. SA Corporate Real today owns a risk of 1.74%. Please validate SA Corporate Real mean deviation, standard deviation, treynor ratio, as well as the relationship between the downside deviation and total risk alpha , to decide if SA Corporate Real will be following its current price history.
Auto-correlation | -0.81 |
Excellent reverse predictability
SA Corporate Real has excellent reverse predictability. Overlapping area represents the amount of predictability between SA Corporate time series from 26th of October 2024 to 10th of November 2024 and 10th of November 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 SA Corporate Real price movement. The serial correlation of -0.81 indicates that around 81.0% of current SA Corporate price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 39.54 |
SA Corporate Real lagged returns against current returns
Autocorrelation, which is SA Corporate 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 SA Corporate's stock expected returns. We can calculate the autocorrelation of SA Corporate returns to help us make a trade decision. For example, suppose you find that SA Corporate 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 |
SA Corporate 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 SA Corporate stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SA Corporate stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SA Corporate stock over time.
Current vs Lagged Prices |
| Timeline |
SA Corporate Lagged Returns
When evaluating SA Corporate's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SA Corporate stock have on its future price. SA Corporate 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, SA Corporate autocorrelation shows the relationship between SA Corporate stock current value and its past values and can show if there is a momentum factor associated with investing in SA Corporate Real.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in SAC Stock
SA Corporate financial ratios help investors to determine whether SAC 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 SAC with respect to the benefits of owning SA Corporate security.