SHOU HLDGS (Germany) Market Value
| SHVA Stock | EUR 0.11 0.00 0.00% |
| Symbol | SHOU |
SHOU HLDGS '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 SHOU HLDGS'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 SHOU HLDGS.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in SHOU HLDGS on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding SHOU HLDGS LTD or generate 0.0% return on investment in SHOU HLDGS over 30 days. SHOU HLDGS is related to or competes with REVO INSURANCE, Penn National, CI GAMES, FUTURE GAMING, CHIBA BANK, Mizuho Financial, and Webster Financial. More
SHOU HLDGS 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 SHOU HLDGS'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 SHOU HLDGS LTD upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.44 | |||
| Information Ratio | (0) | |||
| Maximum Drawdown | 25.0 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 9.09 |
SHOU HLDGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SHOU HLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SHOU HLDGS's standard deviation. In reality, there are many statistical measures that can use SHOU HLDGS historical prices to predict the future SHOU HLDGS's volatility.| Risk Adjusted Performance | 0.0265 | |||
| Jensen Alpha | 0.0841 | |||
| Total Risk Alpha | (0.63) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | 0.573 |
SHOU HLDGS LTD Backtested Returns
SHOU HLDGS LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0078, which indicates the firm had a -0.0078% return per unit of standard deviation over the last 3 months. SHOU HLDGS LTD exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SHOU HLDGS's coefficient of variation of 4230.89, and Risk Adjusted Performance of 0.0265 to confirm the risk estimate we provide. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SHOU HLDGS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SHOU HLDGS is expected to be smaller as well. At this point, SHOU HLDGS LTD has a negative expected return of -0.0361%. Please make sure to validate SHOU HLDGS's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if SHOU HLDGS LTD performance from the past will be repeated at future time.
Auto-correlation | -0.36 |
Poor reverse predictability
SHOU HLDGS LTD has poor reverse predictability. Overlapping area represents the amount of predictability between SHOU HLDGS time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 SHOU HLDGS LTD price movement. The serial correlation of -0.36 indicates that just about 36.0% of current SHOU HLDGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | 0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SHOU HLDGS LTD lagged returns against current returns
Autocorrelation, which is SHOU HLDGS 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 SHOU HLDGS's stock expected returns. We can calculate the autocorrelation of SHOU HLDGS returns to help us make a trade decision. For example, suppose you find that SHOU HLDGS 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 |
SHOU HLDGS 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 SHOU HLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SHOU HLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SHOU HLDGS stock over time.
Current vs Lagged Prices |
| Timeline |
SHOU HLDGS Lagged Returns
When evaluating SHOU HLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SHOU HLDGS stock have on its future price. SHOU HLDGS 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, SHOU HLDGS autocorrelation shows the relationship between SHOU HLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in SHOU HLDGS LTD.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SHOU Stock
SHOU HLDGS financial ratios help investors to determine whether SHOU 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 SHOU with respect to the benefits of owning SHOU HLDGS security.