Safari Investments (South Africa) Market Value
| SAR Stock | 625.00 0.00 0.00% |
| Symbol | Safari |
Safari Investments '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 Safari Investments' 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 Safari Investments.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Safari Investments on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Safari Investments RSA or generate 0.0% return on investment in Safari Investments over 30 days. Safari Investments is related to or competes with Harmony Gold, Hosken Consolidated, Deneb Investments, Kumba Iron, and . More
Safari Investments 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 Safari Investments' 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 Safari Investments RSA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.0644 | |||
| Maximum Drawdown | 25.05 | |||
| Value At Risk | (2.83) | |||
| Potential Upside | 4.36 |
Safari Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safari Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safari Investments' standard deviation. In reality, there are many statistical measures that can use Safari Investments historical prices to predict the future Safari Investments' volatility.| Risk Adjusted Performance | 0.0917 | |||
| Jensen Alpha | 0.2777 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.0314 | |||
| Treynor Ratio | 1.32 |
Safari Investments RSA Backtested Returns
Safari Investments appears to be very steady, given 3 months investment horizon. Safari Investments RSA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0845, which indicates the firm had a 0.0845% return per unit of risk over the last 3 months. We have found twenty-four technical indicators for Safari Investments RSA, which you can use to evaluate the volatility of the company. Please review Safari Investments' Risk Adjusted Performance of 0.0917, semi deviation of 1.68, and Coefficient Of Variation of 909.0 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Safari Investments holds a performance score of 6. The entity has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Safari Investments' returns are expected to increase less than the market. However, during the bear market, the loss of holding Safari Investments is expected to be smaller as well. Please check Safari Investments' treynor ratio, downside variance, and the relationship between the total risk alpha and value at risk , to make a quick decision on whether Safari Investments' existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Safari Investments RSA has no correlation between past and present. Overlapping area represents the amount of predictability between Safari Investments 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 Safari Investments RSA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Safari Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Safari Investments RSA lagged returns against current returns
Autocorrelation, which is Safari Investments 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 Safari Investments' stock expected returns. We can calculate the autocorrelation of Safari Investments returns to help us make a trade decision. For example, suppose you find that Safari Investments 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 |
Safari Investments 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 Safari Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safari Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safari Investments stock over time.
Current vs Lagged Prices |
| Timeline |
Safari Investments Lagged Returns
When evaluating Safari Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safari Investments stock have on its future price. Safari Investments 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, Safari Investments autocorrelation shows the relationship between Safari Investments stock current value and its past values and can show if there is a momentum factor associated with investing in Safari Investments RSA.
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 Safari Stock
Safari Investments financial ratios help investors to determine whether Safari 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 Safari with respect to the benefits of owning Safari Investments security.