Sinch AB (Sweden) Market Value
| SINCH Stock | SEK 20.39 0.76 3.87% |
| Symbol | Sinch |
Sinch AB '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 Sinch AB'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 Sinch AB.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Sinch AB on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sinch AB or generate 0.0% return on investment in Sinch AB over 30 days. Sinch AB is related to or competes with Lidds AB, Serstech, Transtema Group, Enorama Pharma, and Xbrane Biopharma. Sinch AB provides cloud communications services and solutions for enterprises and mobile operators in Sweden, France, th... More
Sinch AB 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 Sinch AB'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 Sinch AB upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 42.64 | |||
| Value At Risk | (4.85) | |||
| Potential Upside | 3.2 |
Sinch AB Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinch AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinch AB's standard deviation. In reality, there are many statistical measures that can use Sinch AB historical prices to predict the future Sinch AB's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.32) | |||
| Total Risk Alpha | (1.21) | |||
| Treynor Ratio | 0.3354 |
Sinch AB Backtested Returns
Sinch AB owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0965, which indicates the firm had a -0.0965% return per unit of risk over the last 3 months. Sinch AB exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinch AB's Variance of 20.43, risk adjusted performance of (0.07), and Coefficient Of Variation of (923.75) to confirm the risk estimate we provide. The entity has a beta of -1.49, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sinch AB are expected to decrease by larger amounts. On the other hand, during market turmoil, Sinch AB is expected to outperform it. At this point, Sinch AB has a negative expected return of -0.44%. Please make sure to validate Sinch AB's skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Sinch AB performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.76 |
Good predictability
Sinch AB has good predictability. Overlapping area represents the amount of predictability between Sinch AB time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Sinch AB price movement. The serial correlation of 0.76 indicates that around 76.0% of current Sinch AB price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.47 | |
| Residual Average | 0.0 | |
| Price Variance | 1.13 |
Sinch AB lagged returns against current returns
Autocorrelation, which is Sinch AB 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 Sinch AB's stock expected returns. We can calculate the autocorrelation of Sinch AB returns to help us make a trade decision. For example, suppose you find that Sinch AB 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 |
Sinch AB 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 Sinch AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinch AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinch AB stock over time.
Current vs Lagged Prices |
| Timeline |
Sinch AB Lagged Returns
When evaluating Sinch AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinch AB stock have on its future price. Sinch AB 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, Sinch AB autocorrelation shows the relationship between Sinch AB stock current value and its past values and can show if there is a momentum factor associated with investing in Sinch AB.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sinch Stock Analysis
When running Sinch AB's price analysis, check to measure Sinch AB'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 Sinch AB is operating at the current time. Most of Sinch AB's value examination focuses on studying past and present price action to predict the probability of Sinch AB's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinch AB's price. Additionally, you may evaluate how the addition of Sinch AB to your portfolios can decrease your overall portfolio volatility.