Singapore Telecommunicatio (Germany) Market Value
| SIT4 Stock | EUR 2.11 0.04 1.86% |
| 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 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 Singapore Telecommunicatio.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Singapore Telecommunicatio on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Singapore Telecommunications Limited or generate 0.0% return on investment in Singapore Telecommunicatio over 30 days. Singapore Telecommunicatio is related to or competes with T Mobile, ATT, and Deutsche Telekom. Singapore Telecommunications Limited provides communication, infotainment, and technology services to consumers and smal... 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 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 Singapore Telecommunications Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.78 | |||
| Information Ratio | 0.0155 | |||
| Maximum Drawdown | 9.66 | |||
| Value At Risk | (2.27) | |||
| Potential Upside | 3.06 |
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 | 0.0684 | |||
| Jensen Alpha | 0.1227 | |||
| Total Risk Alpha | (0.15) | |||
| Sortino Ratio | 0.017 | |||
| Treynor Ratio | 0.6747 |
Singapore Telecommunicatio Backtested Returns
At this point, Singapore Telecommunicatio is relatively risky. Singapore Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0895, which indicates the firm had a 0.0895% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Singapore Telecommunications Limited, which you can use to evaluate the volatility of the company. Please validate Singapore Telecommunicatio's Semi Deviation of 1.48, risk adjusted performance of 0.0684, and Coefficient Of Variation of 1225.88 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Singapore Telecommunicatio has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.22, 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 1.9%. Please validate Singapore Telecommunicatio total risk alpha, treynor ratio, value at risk, as well as the relationship between the sortino ratio and maximum drawdown , to decide if Singapore Telecommunicatio will be following its existing price patterns.
Auto-correlation | 0.14 |
Insignificant predictability
Singapore Telecommunications Limited has insignificant predictability. Overlapping area represents the amount of predictability between Singapore Telecommunicatio time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 0.14 indicates that less than 14.0% of current Singapore Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Singapore Telecommunicatio lagged returns against current returns
Autocorrelation, which is Singapore Telecommunicatio 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 Singapore Telecommunicatio's stock 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 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 |
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 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singapore Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singapore Telecommunicatio stock 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 stock 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 stock current value and its past values and can show if there is a momentum factor associated with investing in Singapore Telecommunications Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Singapore Stock
Singapore Telecommunicatio financial ratios help investors to determine whether Singapore 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 Singapore with respect to the benefits of owning Singapore Telecommunicatio security.