SES SA (Germany) Market Value
| SES Stock | EUR 3.25 0.11 3.27% |
| Symbol | SES |
SES SA '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 SES SA'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 SES SA.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in SES SA on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding SES SA or generate 0.0% return on investment in SES SA over 30 days. SES SA is related to or competes with 24SEVENOFFICE GROUP, Benchmark Electronics, ELECTRONIC ARTS, Infrastrutture Wireless, and OFFICE DEPOT. SES S.A. provides satellite and ground communications solutions to connect and enable broadcast, telecom, corporate, and... More
SES SA 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 SES SA'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 SES SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.36) | |||
| Maximum Drawdown | 10.34 | |||
| Value At Risk | (3.02) | |||
| Potential Upside | 2.12 |
SES SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SES SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SES SA's standard deviation. In reality, there are many statistical measures that can use SES SA historical prices to predict the future SES SA's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.52) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (3.52) |
SES SA Backtested Returns
SES SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.29, which indicates the firm had a -0.29% return per unit of standard deviation over the last 3 months. SES SA exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SES SA's variance of 3.06, and Risk Adjusted Performance of (0.21) to confirm the risk estimate we provide. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SES SA's returns are expected to increase less than the market. However, during the bear market, the loss of holding SES SA is expected to be smaller as well. At this point, SES SA has a negative expected return of -0.51%. Please make sure to validate SES SA's rate of daily change, price action indicator, and the relationship between the accumulation distribution and day typical price , to decide if SES SA performance from the past will be repeated at future time.
Auto-correlation | -0.08 |
Very weak reverse predictability
SES SA has very weak reverse predictability. Overlapping area represents the amount of predictability between SES SA time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 SES SA price movement. The serial correlation of -0.08 indicates that barely 8.0% of current SES SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.08 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SES SA lagged returns against current returns
Autocorrelation, which is SES SA 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 SES SA's stock expected returns. We can calculate the autocorrelation of SES SA returns to help us make a trade decision. For example, suppose you find that SES SA 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 |
SES SA 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 SES SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SES SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SES SA stock over time.
Current vs Lagged Prices |
| Timeline |
SES SA Lagged Returns
When evaluating SES SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SES SA stock have on its future price. SES SA 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, SES SA autocorrelation shows the relationship between SES SA stock current value and its past values and can show if there is a momentum factor associated with investing in SES SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SES Stock
SES SA financial ratios help investors to determine whether SES 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 SES with respect to the benefits of owning SES SA security.