SPORTING (Germany) Market Value
| SCG Stock | EUR 1.06 0.00 0.00% |
| Symbol | SPORTING |
SPORTING '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 SPORTING'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 SPORTING.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in SPORTING on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding SPORTING or generate 0.0% return on investment in SPORTING over 720 days. SPORTING is related to or competes with AEGEAN AIRLINES, TFS FINANCIAL, Mizuho Financial, SINGAPORE AIRLINES, and REVO INSURANCE. More
SPORTING 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 SPORTING'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 SPORTING upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0167 | |||
| Maximum Drawdown | 18.02 | |||
| Value At Risk | (0.93) | |||
| Potential Upside | 3.66 |
SPORTING Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPORTING's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPORTING's standard deviation. In reality, there are many statistical measures that can use SPORTING historical prices to predict the future SPORTING's volatility.| Risk Adjusted Performance | 0.0533 | |||
| Jensen Alpha | 0.0881 | |||
| Total Risk Alpha | (0.29) | |||
| Treynor Ratio | 0.2487 |
SPORTING Backtested Returns
Currently, SPORTING is dangerous. SPORTING owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0609, which indicates the firm had a 0.0609% return per unit of standard deviation over the last 3 months. We have found eighteen technical indicators for SPORTING, which you can use to evaluate the volatility of the company. Please validate SPORTING's risk adjusted performance of 0.0533, and Variance of 8.86 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. SPORTING has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SPORTING's returns are expected to increase less than the market. However, during the bear market, the loss of holding SPORTING is expected to be smaller as well. SPORTING presently has a risk of 3.02%. Please validate SPORTING rate of daily change, day typical price, as well as the relationship between the skewness and value at risk , to decide if SPORTING will be following its existing price patterns.
Auto-correlation | 0.24 |
Weak predictability
SPORTING has weak predictability. Overlapping area represents the amount of predictability between SPORTING time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 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 SPORTING price movement. The serial correlation of 0.24 indicates that over 24.0% of current SPORTING price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SPORTING lagged returns against current returns
Autocorrelation, which is SPORTING 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 SPORTING's stock expected returns. We can calculate the autocorrelation of SPORTING returns to help us make a trade decision. For example, suppose you find that SPORTING 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 |
SPORTING 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 SPORTING stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPORTING stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPORTING stock over time.
Current vs Lagged Prices |
| Timeline |
SPORTING Lagged Returns
When evaluating SPORTING's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPORTING stock have on its future price. SPORTING 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, SPORTING autocorrelation shows the relationship between SPORTING stock current value and its past values and can show if there is a momentum factor associated with investing in SPORTING.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for SPORTING Stock Analysis
When running SPORTING's price analysis, check to measure SPORTING'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 SPORTING is operating at the current time. Most of SPORTING's value examination focuses on studying past and present price action to predict the probability of SPORTING's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SPORTING's price. Additionally, you may evaluate how the addition of SPORTING to your portfolios can decrease your overall portfolio volatility.