Sabre Insurance Group Stock Market Value
| SBIGY Stock | USD 5.04 0.00 0.00% |
| Symbol | Sabre |
Sabre Insurance '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 Sabre Insurance's pink sheet 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 Sabre Insurance.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Sabre Insurance on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Sabre Insurance Group or generate 0.0% return on investment in Sabre Insurance over 720 days. Sabre Insurance is related to or competes with JetBlue Airways, Hertz Global, Custom Truck, Global Ship, and Air Transport. Sabre Insurance Group plc, through its subsidiaries, writes general insurance for motor vehicles in the United Kingdom More
Sabre Insurance 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 Sabre Insurance's pink sheet 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 Sabre Insurance Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.37) | |||
| Maximum Drawdown | 1.82 |
Sabre Insurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sabre Insurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sabre Insurance's standard deviation. In reality, there are many statistical measures that can use Sabre Insurance historical prices to predict the future Sabre Insurance's volatility.| Risk Adjusted Performance | 0.0698 | |||
| Jensen Alpha | 0.0173 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | 7.31 |
Sabre Insurance Group Backtested Returns
We have found sixteen technical indicators for Sabre Insurance Group, which you can use to evaluate the volatility of the company. Please validate Sabre Insurance's Risk Adjusted Performance of 0.0698, variance of 0.0501, and Coefficient Of Variation of 812.4 to confirm if the risk estimate we provide is consistent with the expected return of 0.0%. The entity has a beta of 0.0024, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sabre Insurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sabre Insurance is expected to be smaller as well. Sabre Insurance Group right now has a risk of 0.0%. Please validate Sabre Insurance mean deviation and maximum drawdown , to decide if Sabre Insurance will be following its existing price patterns.
Auto-correlation | -0.77 |
Almost perfect reverse predictability
Sabre Insurance Group has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Sabre Insurance time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 Sabre Insurance Group price movement. The serial correlation of -0.77 indicates that around 77.0% of current Sabre Insurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.77 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sabre Insurance Group lagged returns against current returns
Autocorrelation, which is Sabre Insurance pink sheet'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 Sabre Insurance's pink sheet expected returns. We can calculate the autocorrelation of Sabre Insurance returns to help us make a trade decision. For example, suppose you find that Sabre Insurance has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Sabre Insurance 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 Sabre Insurance pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sabre Insurance pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sabre Insurance pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sabre Insurance Lagged Returns
When evaluating Sabre Insurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sabre Insurance pink sheet have on its future price. Sabre Insurance 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, Sabre Insurance autocorrelation shows the relationship between Sabre Insurance pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sabre Insurance Group.
Regressed Prices |
| Timeline |
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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.Additional Tools for Sabre Pink Sheet Analysis
When running Sabre Insurance's price analysis, check to measure Sabre Insurance'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 Sabre Insurance is operating at the current time. Most of Sabre Insurance's value examination focuses on studying past and present price action to predict the probability of Sabre Insurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sabre Insurance's price. Additionally, you may evaluate how the addition of Sabre Insurance to your portfolios can decrease your overall portfolio volatility.