Singapore Telecommunications Pk Stock Market Value
| SGAPY Stock | USD 23.38 0.08 0.34% |
| Symbol | Singapore |
Singapore Telecommunicatio '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 Singapore Telecommunicatio'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 Singapore Telecommunicatio.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Singapore Telecommunicatio on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Singapore Telecommunications PK or generate 0.0% return on investment in Singapore Telecommunicatio over 360 days. Singapore Telecommunicatio is related to or competes with Vodafone Group, KDDI Corp, Singapore Telecommunicatio, ATT, FingerMotion, KORE Group, and IDT. Singapore Telecommunications Limited, together with its subsidiaries, provides telecommunication services to consumers a... More
Singapore Telecommunicatio 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 Singapore Telecommunicatio'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 Singapore Telecommunications PK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.3 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 6.38 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.9 |
Singapore Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singapore Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singapore Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use Singapore Telecommunicatio historical prices to predict the future Singapore Telecommunicatio's volatility.| Risk Adjusted Performance | 0.0411 | |||
| Jensen Alpha | 0.0352 | |||
| Total Risk Alpha | (0.16) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.3139 |
Singapore Telecommunicatio Backtested Returns
At this stage we consider Singapore Pink Sheet to be very steady. Singapore Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0754, which indicates the firm had a 0.0754% return per unit of risk over the last 3 months. We have found thirty technical indicators for Singapore Telecommunications PK, which you can use to evaluate the volatility of the company. Please validate Singapore Telecommunicatio's Coefficient Of Variation of 2097.85, risk adjusted performance of 0.0411, and Semi Deviation of 1.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. Singapore Telecommunicatio has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Singapore Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singapore Telecommunicatio is expected to be smaller as well. Singapore Telecommunicatio right now has a risk of 1.36%. Please validate Singapore Telecommunicatio potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Singapore Telecommunicatio will be following its existing price patterns.
Auto-correlation | 0.23 |
Weak predictability
Singapore Telecommunications PK has weak predictability. Overlapping area represents the amount of predictability between Singapore Telecommunicatio time series from 29th of November 2023 to 27th of May 2024 and 27th of May 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 Singapore Telecommunicatio price movement. The serial correlation of 0.23 indicates that over 23.0% of current Singapore Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 5.27 |
Singapore Telecommunicatio lagged returns against current returns
Autocorrelation, which is Singapore Telecommunicatio 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 Singapore Telecommunicatio's pink sheet expected returns. We can calculate the autocorrelation of Singapore Telecommunicatio returns to help us make a trade decision. For example, suppose you find that Singapore Telecommunicatio 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 |
Singapore Telecommunicatio 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 Singapore Telecommunicatio pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singapore Telecommunicatio pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singapore Telecommunicatio pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Singapore Telecommunicatio Lagged Returns
When evaluating Singapore Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singapore Telecommunicatio pink sheet have on its future price. Singapore Telecommunicatio 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, Singapore Telecommunicatio autocorrelation shows the relationship between Singapore Telecommunicatio pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Singapore Telecommunications PK.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Singapore Pink Sheet Analysis
When running Singapore Telecommunicatio's price analysis, check to measure Singapore Telecommunicatio'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 Singapore Telecommunicatio is operating at the current time. Most of Singapore Telecommunicatio's value examination focuses on studying past and present price action to predict the probability of Singapore Telecommunicatio's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singapore Telecommunicatio's price. Additionally, you may evaluate how the addition of Singapore Telecommunicatio to your portfolios can decrease your overall portfolio volatility.