SM Investments (Philippines) Market Value
| SM Stock | 883.00 21.00 2.32% |
| Symbol | SM Investments |
SM Investments '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 SM Investments' 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 SM Investments.
| 05/27/2024 |
| 11/23/2024 |
If you would invest 0.00 in SM Investments on May 27, 2024 and sell it all today you would earn a total of 0.00 from holding SM Investments Corp or generate 0.0% return on investment in SM Investments over 180 days. SM Investments is related to or competes with Ayala Corp, and DMCI Holdings. More
SM Investments 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 SM Investments' 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 SM Investments Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 12.87 | |||
| Value At Risk | (2.67) | |||
| Potential Upside | 2.27 |
SM Investments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SM Investments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SM Investments' standard deviation. In reality, there are many statistical measures that can use SM Investments historical prices to predict the future SM Investments' volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.36) | |||
| Treynor Ratio | 0.3821 |
SM Investments Corp Backtested Returns
SM Investments Corp retains Efficiency (Sharpe Ratio) of -0.0407, which indicates the firm had a -0.0407% return per unit of price deviation over the last 3 months. SM Investments exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SM Investments' Mean Deviation of 1.23, standard deviation of 1.83, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of -0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SM Investments are expected to decrease at a much lower rate. During the bear market, SM Investments is likely to outperform the market. At this point, SM Investments Corp has a negative expected return of -0.0757%. Please make sure to validate SM Investments' potential upside, and the relationship between the jensen alpha and rate of daily change , to decide if SM Investments Corp performance from the past will be repeated sooner or later.
Auto-correlation | -0.31 |
Poor reverse predictability
SM Investments Corp has poor reverse predictability. Overlapping area represents the amount of predictability between SM Investments time series from 27th of May 2024 to 25th of August 2024 and 25th of August 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 SM Investments Corp price movement. The serial correlation of -0.31 indicates that nearly 31.0% of current SM Investments price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.31 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 1205.85 |
SM Investments Corp lagged returns against current returns
Autocorrelation, which is SM Investments 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 SM Investments' stock expected returns. We can calculate the autocorrelation of SM Investments returns to help us make a trade decision. For example, suppose you find that SM Investments 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 |
SM Investments 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 SM Investments stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SM Investments stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SM Investments stock over time.
Current vs Lagged Prices |
| Timeline |
SM Investments Lagged Returns
When evaluating SM Investments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SM Investments stock have on its future price. SM Investments 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, SM Investments autocorrelation shows the relationship between SM Investments stock current value and its past values and can show if there is a momentum factor associated with investing in SM Investments Corp.
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.Other Information on Investing in SM Investments Stock
SM Investments financial ratios help investors to determine whether SM Investments 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 SM Investments with respect to the benefits of owning SM Investments security.