SSE PLC (Germany) Market Value

SCTA Stock  EUR 20.20  0.20  0.98%   
SSE PLC's market value is the price at which a share of SSE PLC trades on a public exchange. It measures the collective expectations of SSE PLC ADR investors about its performance. SSE PLC is trading at 20.20 as of the 12th of December 2024. This is a 0.98% down since the beginning of the trading day. The stock's lowest day price was 20.2.
With this module, you can estimate the performance of a buy and hold strategy of SSE PLC ADR and determine expected loss or profit from investing in SSE PLC over a given investment horizon. Check out SSE PLC Correlation, SSE PLC Volatility and SSE PLC Alpha and Beta module to complement your research on SSE PLC.
Symbol

Please note, there is a significant difference between SSE PLC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SSE PLC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSE PLC'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.

SSE PLC '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 SSE PLC'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 SSE PLC.
0.00
11/12/2024
No Change 0.00  0.0 
In 30 days
12/12/2024
0.00
If you would invest  0.00  in SSE PLC on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding SSE PLC ADR or generate 0.0% return on investment in SSE PLC over 30 days. SSE PLC is related to or competes with Electronic Arts, National Retail, Nucletron Electronic, BURLINGTON STORES, ARROW ELECTRONICS, STMICROELECTRONICS, and BJs Wholesale. SSE plc engages in the generation, transmission, distribution, and supply of electricity More

SSE PLC 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 SSE PLC'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 SSE PLC ADR upside and downside potential and time the market with a certain degree of confidence.

SSE PLC Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SSE PLC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSE PLC's standard deviation. In reality, there are many statistical measures that can use SSE PLC historical prices to predict the future SSE PLC's volatility.
Hype
Prediction
LowEstimatedHigh
18.6920.2021.71
Details
Intrinsic
Valuation
LowRealHigh
15.8817.3922.22
Details
Naive
Forecast
LowNextHigh
18.3019.8221.33
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
19.9720.6621.34
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SSE PLC. Your research has to be compared to or analyzed against SSE PLC's peers to derive any actionable benefits. When done correctly, SSE PLC's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SSE PLC ADR.

SSE PLC ADR Backtested Returns

SSE PLC ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of volatility over the last 3 months. SSE PLC ADR exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SSE PLC's variance of 2.27, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of -0.0519, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SSE PLC are expected to decrease at a much lower rate. During the bear market, SSE PLC is likely to outperform the market. At this point, SSE PLC ADR has a negative expected return of -0.19%. Please make sure to validate SSE PLC's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if SSE PLC ADR performance from the past will be repeated at future time.

Auto-correlation

    
  -0.44  

Modest reverse predictability

SSE PLC ADR has modest reverse predictability. Overlapping area represents the amount of predictability between SSE PLC time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th of December 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 SSE PLC ADR price movement. The serial correlation of -0.44 indicates that just about 44.0% of current SSE PLC price fluctuation can be explain by its past prices.
Correlation Coefficient-0.44
Spearman Rank Test-0.36
Residual Average0.0
Price Variance0.13

SSE PLC ADR lagged returns against current returns

Autocorrelation, which is SSE PLC 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 SSE PLC's stock expected returns. We can calculate the autocorrelation of SSE PLC returns to help us make a trade decision. For example, suppose you find that SSE PLC 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  

SSE PLC 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 SSE PLC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSE PLC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSE PLC stock over time.
   Current vs Lagged Prices   
       Timeline  

SSE PLC Lagged Returns

When evaluating SSE PLC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSE PLC stock have on its future price. SSE PLC 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, SSE PLC autocorrelation shows the relationship between SSE PLC stock current value and its past values and can show if there is a momentum factor associated with investing in SSE PLC ADR.
   Regressed Prices   
       Timeline  

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Other Information on Investing in SSE Stock

SSE PLC financial ratios help investors to determine whether SSE 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 SSE with respect to the benefits of owning SSE PLC security.