Sjm Holdings Ltd Stock Market Value
| SJMHY Stock | USD 1.10 0.29 20.86% |
| Symbol | SJM |
SJM Holdings '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 SJM Holdings' 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 SJM Holdings.
| 08/25/2024 |
| 11/23/2024 |
If you would invest 0.00 in SJM Holdings on August 25, 2024 and sell it all today you would earn a total of 0.00 from holding SJM Holdings Ltd or generate 0.0% return on investment in SJM Holdings over 90 days. SJM Holdings is related to or competes with Sands China, Studio City, Monarch Casino, and Playa Hotels. SJM Holdings Limited, an investment holding company, owns, develops, and operates casinos and related facilities in Maca... More
SJM Holdings 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 SJM Holdings' 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 SJM Holdings Ltd upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.57 | |||
| Information Ratio | 0.0012 | |||
| Maximum Drawdown | 52.44 | |||
| Value At Risk | (12.67) | |||
| Potential Upside | 9.23 |
SJM Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SJM Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SJM Holdings' standard deviation. In reality, there are many statistical measures that can use SJM Holdings historical prices to predict the future SJM Holdings' volatility.| Risk Adjusted Performance | 0.023 | |||
| Jensen Alpha | 0.2065 | |||
| Total Risk Alpha | (1.08) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | (0.21) |
SJM Holdings Backtested Returns
At this stage we consider SJM Pink Sheet to be abnormally volatile. SJM Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0185, which indicates the firm had a 0.0185% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SJM Holdings Ltd, which you can use to evaluate the volatility of the company. Please validate SJM Holdings' risk adjusted performance of 0.023, and Coefficient Of Variation of 5475.15 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. SJM Holdings has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SJM Holdings are expected to decrease at a much lower rate. During the bear market, SJM Holdings is likely to outperform the market. SJM Holdings currently has a risk of 7.79%. Please validate SJM Holdings value at risk, as well as the relationship between the kurtosis and period momentum indicator , to decide if SJM Holdings will be following its existing price patterns.
Auto-correlation | -0.58 |
Good reverse predictability
SJM Holdings Ltd has good reverse predictability. Overlapping area represents the amount of predictability between SJM Holdings time series from 25th of August 2024 to 9th of October 2024 and 9th of October 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 SJM Holdings price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current SJM Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
SJM Holdings lagged returns against current returns
Autocorrelation, which is SJM Holdings 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 SJM Holdings' pink sheet expected returns. We can calculate the autocorrelation of SJM Holdings returns to help us make a trade decision. For example, suppose you find that SJM Holdings 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 |
SJM Holdings 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 SJM Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SJM Holdings pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SJM Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SJM Holdings Lagged Returns
When evaluating SJM Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SJM Holdings pink sheet have on its future price. SJM Holdings 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, SJM Holdings autocorrelation shows the relationship between SJM Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SJM Holdings Ltd.
Regressed Prices |
| Timeline |
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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 SJM Pink Sheet Analysis
When running SJM Holdings' price analysis, check to measure SJM Holdings' 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 SJM Holdings is operating at the current time. Most of SJM Holdings' value examination focuses on studying past and present price action to predict the probability of SJM Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SJM Holdings' price. Additionally, you may evaluate how the addition of SJM Holdings to your portfolios can decrease your overall portfolio volatility.