SANLAM AFRICA (Mauritius) Market Value
| SARE Stock | 1.00 0.00 0.00% |
| Symbol | SANLAM |
SANLAM AFRICA '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 SANLAM AFRICA'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 SANLAM AFRICA.
| 02/29/2024 |
| 11/25/2024 |
If you would invest 0.00 in SANLAM AFRICA on February 29, 2024 and sell it all today you would earn a total of 0.00 from holding SANLAM AFRICA E or generate 0.0% return on investment in SANLAM AFRICA over 270 days.
SANLAM AFRICA 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 SANLAM AFRICA'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 SANLAM AFRICA E upside and downside potential and time the market with a certain degree of confidence.
SANLAM AFRICA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SANLAM AFRICA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SANLAM AFRICA's standard deviation. In reality, there are many statistical measures that can use SANLAM AFRICA historical prices to predict the future SANLAM AFRICA's volatility.SANLAM AFRICA E Backtested Returns
We have found three technical indicators for SANLAM AFRICA E, which you can use to evaluate the volatility of the entity. The firm has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SANLAM AFRICA are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
SANLAM AFRICA E has no correlation between past and present. Overlapping area represents the amount of predictability between SANLAM AFRICA time series from 29th of February 2024 to 13th of July 2024 and 13th of July 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 SANLAM AFRICA E price movement. The serial correlation of 0.0 indicates that just 0.0% of current SANLAM AFRICA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.58 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SANLAM AFRICA E lagged returns against current returns
Autocorrelation, which is SANLAM AFRICA 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 SANLAM AFRICA's stock expected returns. We can calculate the autocorrelation of SANLAM AFRICA returns to help us make a trade decision. For example, suppose you find that SANLAM AFRICA 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 |
SANLAM AFRICA 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 SANLAM AFRICA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SANLAM AFRICA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SANLAM AFRICA stock over time.
Current vs Lagged Prices |
| Timeline |
SANLAM AFRICA Lagged Returns
When evaluating SANLAM AFRICA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SANLAM AFRICA stock have on its future price. SANLAM AFRICA 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, SANLAM AFRICA autocorrelation shows the relationship between SANLAM AFRICA stock current value and its past values and can show if there is a momentum factor associated with investing in SANLAM AFRICA E.
Regressed Prices |
| Timeline |
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