Sap Se Adr Stock Market Value
| SAP Stock | USD 233.81 2.44 1.03% |
| Symbol | SAP |
SAP SE ADR Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of S A P. If investors know SAP will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about S A P listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.148 | Dividend Share 2.2 | Earnings Share 2.43 | Revenue Per Share 28.524 | Quarterly Revenue Growth 0.094 |
The market value of SAP SE ADR is measured differently than its book value, which is the value of SAP that is recorded on the company's balance sheet. Investors also form their own opinion of S A P's value that differs from its market value or its book value, called intrinsic value, which is S A P's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because S A P's market value can be influenced by many factors that don't directly affect S A P's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between S A P's value and its price as these two are different measures arrived at by different means. Investors typically determine if S A P is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, S A P's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
S A P '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 S A P'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 S A P.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in S A P on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding SAP SE ADR or generate 0.0% return on investment in S A P over 30 days. S A P is related to or competes with OLB. SAP SE, together with its subsidiaries, operates as an enterprise application software company worldwide More
S A P 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 S A P'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 SAP SE ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.25 | |||
| Information Ratio | 0.004 | |||
| Maximum Drawdown | 6.5 | |||
| Value At Risk | (1.91) | |||
| Potential Upside | 2.16 |
S A P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for S A P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as S A P's standard deviation. In reality, there are many statistical measures that can use S A P historical prices to predict the future S A P's volatility.| Risk Adjusted Performance | 0.0808 | |||
| Jensen Alpha | 0.0657 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | 0.0044 | |||
| Treynor Ratio | 0.2518 |
SAP SE ADR Backtested Returns
Currently, SAP SE ADR is very steady. SAP SE ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0927, which indicates the company had a 0.0927% return per unit of standard deviation over the last 3 months. We have found twenty-nine technical indicators for SAP SE ADR, which you can use to evaluate the volatility of the entity. Please validate S A P's Market Risk Adjusted Performance of 0.2618, downside deviation of 1.25, and Risk Adjusted Performance of 0.0808 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. S A P has a performance score of 7 on a scale of 0 to 100. The firm has a beta of 0.5, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, S A P's returns are expected to increase less than the market. However, during the bear market, the loss of holding S A P is expected to be smaller as well. SAP SE ADR currently has a risk of 1.38%. Please validate S A P value at risk, as well as the relationship between the skewness and day median price , to decide if S A P will be following its existing price patterns.
Auto-correlation | 0.50 |
Modest predictability
SAP SE ADR has modest predictability. Overlapping area represents the amount of predictability between S A P 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 SAP SE ADR price movement. The serial correlation of 0.5 indicates that about 50.0% of current S A P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.5 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 6.42 |
SAP SE ADR lagged returns against current returns
Autocorrelation, which is S A P 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 S A P's stock expected returns. We can calculate the autocorrelation of S A P returns to help us make a trade decision. For example, suppose you find that S A P 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 |
S A P 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 S A P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if S A P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in S A P stock over time.
Current vs Lagged Prices |
| Timeline |
S A P Lagged Returns
When evaluating S A P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of S A P stock have on its future price. S A P 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, S A P autocorrelation shows the relationship between S A P stock current value and its past values and can show if there is a momentum factor associated with investing in SAP SE ADR.
Regressed Prices |
| Timeline |
Pair Trading with S A P
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if S A P position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in S A P will appreciate offsetting losses from the drop in the long position's value.Moving together with SAP Stock
| 0.64 | U | Unity Software Trending | PairCorr |
| 0.64 | AI | C3 Ai Inc Trending | PairCorr |
| 0.81 | BL | Blackline | PairCorr |
| 0.75 | DT | Dynatrace Holdings LLC Sell-off Trend | PairCorr |
Moving against SAP Stock
| 0.51 | VCSA | Vacasa Inc | PairCorr |
| 0.49 | VERB | VERB TECHNOLOGY PANY Trending | PairCorr |
| 0.48 | DMAN | Innovativ Media Group | PairCorr |
| 0.47 | EGAN | eGain | PairCorr |
| 0.33 | VTEX | VTEX | PairCorr |
The ability to find closely correlated positions to S A P could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace S A P when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back S A P - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling SAP SE ADR to buy it.
The correlation of S A P is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as S A P moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if SAP SE ADR moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for S A P can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for SAP Stock Analysis
When running S A P's price analysis, check to measure S A P'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 S A P is operating at the current time. Most of S A P's value examination focuses on studying past and present price action to predict the probability of S A P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S A P's price. Additionally, you may evaluate how the addition of S A P to your portfolios can decrease your overall portfolio volatility.