Security Bank (Philippines) Market Value
| SECB Stock | 84.50 0.50 0.60% |
| Symbol | Security |
Security Bank '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 Security Bank'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 Security Bank.
| 10/24/2024 |
| 11/23/2024 |
If you would invest 0.00 in Security Bank on October 24, 2024 and sell it all today you would earn a total of 0.00 from holding Security Bank Corp or generate 0.0% return on investment in Security Bank over 30 days. Security Bank is related to or competes with Integrated Micro, Pacificonline Systems, Atlas Consolidated, Converge Information, Transpacific Broadband, Semirara Mining, and Philex Mining. More
Security Bank 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 Security Bank'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 Security Bank Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.11 | |||
| Information Ratio | 0.1513 | |||
| Maximum Drawdown | 14.73 | |||
| Value At Risk | (3.44) | |||
| Potential Upside | 6.08 |
Security Bank Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Security Bank's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Security Bank's standard deviation. In reality, there are many statistical measures that can use Security Bank historical prices to predict the future Security Bank's volatility.| Risk Adjusted Performance | 0.1531 | |||
| Jensen Alpha | 0.5055 | |||
| Total Risk Alpha | 0.1567 | |||
| Sortino Ratio | 0.197 | |||
| Treynor Ratio | 5.77 |
Security Bank Corp Backtested Returns
Security Bank appears to be very steady, given 3 months investment horizon. Security Bank Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22% return per unit of risk over the last 3 months. By inspecting Security Bank's technical indicators, you can evaluate if the expected return of 0.61% is justified by implied risk. Please review Security Bank's Semi Deviation of 1.7, coefficient of variation of 522.91, and Risk Adjusted Performance of 0.1531 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Security Bank holds a performance score of 17. The entity has a beta of 0.0892, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Security Bank's returns are expected to increase less than the market. However, during the bear market, the loss of holding Security Bank is expected to be smaller as well. Please check Security Bank's downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Security Bank's existing price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Security Bank Corp has poor reverse predictability. Overlapping area represents the amount of predictability between Security Bank time series from 24th of October 2024 to 8th of November 2024 and 8th of November 2024 to 23rd 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 Security Bank Corp price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Security Bank price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 4.83 |
Security Bank Corp lagged returns against current returns
Autocorrelation, which is Security Bank 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 Security Bank's stock expected returns. We can calculate the autocorrelation of Security Bank returns to help us make a trade decision. For example, suppose you find that Security Bank 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 |
Security Bank 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 Security Bank stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Security Bank stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Security Bank stock over time.
Current vs Lagged Prices |
| Timeline |
Security Bank Lagged Returns
When evaluating Security Bank's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Security Bank stock have on its future price. Security Bank 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, Security Bank autocorrelation shows the relationship between Security Bank stock current value and its past values and can show if there is a momentum factor associated with investing in Security Bank Corp.
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 Security Stock Analysis
When running Security Bank's price analysis, check to measure Security Bank'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 Security Bank is operating at the current time. Most of Security Bank's value examination focuses on studying past and present price action to predict the probability of Security Bank's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Security Bank's price. Additionally, you may evaluate how the addition of Security Bank to your portfolios can decrease your overall portfolio volatility.