Sanlam Ltd Pk Stock Market Value
| SLLDY Stock | USD 9.80 0.26 2.58% |
| Symbol | Sanlam |
Sanlam '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 Sanlam'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 Sanlam.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sanlam on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Sanlam Ltd PK or generate 0.0% return on investment in Sanlam over 300 days. Sanlam is related to or competes with Ping An, CNO Financial, Genworth Financial, MetLife Preferred, Prudential Public, AIA Group, and Ping An. Sanlam Limited provides various financial solutions to individual, business, and institutional clients in South Africa, ... More
Sanlam 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 Sanlam'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 Sanlam Ltd PK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.94 | |||
| Value At Risk | (2.58) | |||
| Potential Upside | 2.63 |
Sanlam Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sanlam's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sanlam's standard deviation. In reality, there are many statistical measures that can use Sanlam historical prices to predict the future Sanlam's volatility.| Risk Adjusted Performance | 0.0062 | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.06) | |||
| Treynor Ratio | (0.02) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sanlam's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sanlam Ltd PK Backtested Returns
At this stage we consider Sanlam Pink Sheet to be not too volatile. Sanlam Ltd PK owns Efficiency Ratio (i.e., Sharpe Ratio) of 9.0E-4, which indicates the firm had a 9.0E-4% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sanlam Ltd PK, which you can use to evaluate the volatility of the company. Please validate Sanlam's Coefficient Of Variation of 110203.37, risk adjusted performance of 0.0062, and Semi Deviation of 1.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0015%. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sanlam's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sanlam is expected to be smaller as well. Sanlam Ltd PK right now has a risk of 1.71%. Please validate Sanlam potential upside, as well as the relationship between the accumulation distribution and price action indicator , to decide if Sanlam will be following its existing price patterns.
Auto-correlation | 0.26 |
Poor predictability
Sanlam Ltd PK has poor predictability. Overlapping area represents the amount of predictability between Sanlam time series from 31st of January 2024 to 29th of June 2024 and 29th of June 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 Sanlam Ltd PK price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Sanlam price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Sanlam Ltd PK lagged returns against current returns
Autocorrelation, which is Sanlam 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 Sanlam's pink sheet expected returns. We can calculate the autocorrelation of Sanlam returns to help us make a trade decision. For example, suppose you find that Sanlam 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 |
Sanlam 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 Sanlam pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sanlam pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sanlam pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sanlam Lagged Returns
When evaluating Sanlam's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sanlam pink sheet have on its future price. Sanlam 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, Sanlam autocorrelation shows the relationship between Sanlam pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sanlam Ltd PK.
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 Sanlam Pink Sheet Analysis
When running Sanlam's price analysis, check to measure Sanlam'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 Sanlam is operating at the current time. Most of Sanlam's value examination focuses on studying past and present price action to predict the probability of Sanlam's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sanlam's price. Additionally, you may evaluate how the addition of Sanlam to your portfolios can decrease your overall portfolio volatility.