Sompo Holdings Adr Stock Market Value
| SMPNY Stock | USD 12.82 0.17 1.34% |
| Symbol | Sompo |
Sompo 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 Sompo 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 Sompo Holdings.
| 06/01/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sompo Holdings on June 1, 2024 and sell it all today you would earn a total of 0.00 from holding Sompo Holdings ADR or generate 0.0% return on investment in Sompo Holdings over 180 days. Sompo Holdings is related to or competes with Progressive Corp, White Mountains, Chubb, W R, and Kinsale Capital. Sompo Holdings, Inc. provides property and casualty insurance services in Japan and internationally More
Sompo 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 Sompo 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 Sompo Holdings ADR upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.91 | |||
| Information Ratio | 0.0069 | |||
| Maximum Drawdown | 9.75 | |||
| Value At Risk | (2.84) | |||
| Potential Upside | 2.91 |
Sompo Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sompo Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sompo Holdings' standard deviation. In reality, there are many statistical measures that can use Sompo Holdings historical prices to predict the future Sompo Holdings' volatility.| Risk Adjusted Performance | 0.0589 | |||
| Jensen Alpha | 0.0762 | |||
| Total Risk Alpha | (0.18) | |||
| Sortino Ratio | 0.0073 | |||
| Treynor Ratio | 0.2808 |
Sompo Holdings ADR Backtested Returns
At this stage we consider Sompo Pink Sheet to be not too volatile. Sompo Holdings ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0767, which indicates the firm had a 0.0767% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sompo Holdings ADR, which you can use to evaluate the volatility of the company. Please validate Sompo Holdings' Risk Adjusted Performance of 0.0589, coefficient of variation of 1455.13, and Semi Deviation of 1.81 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sompo Holdings has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sompo Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sompo Holdings is expected to be smaller as well. Sompo Holdings ADR right now has a risk of 1.99%. Please validate Sompo Holdings value at risk, as well as the relationship between the kurtosis and market facilitation index , to decide if Sompo Holdings will be following its existing price patterns.
Auto-correlation | 0.39 |
Below average predictability
Sompo Holdings ADR has below average predictability. Overlapping area represents the amount of predictability between Sompo Holdings time series from 1st of June 2024 to 30th of August 2024 and 30th of August 2024 to 28th 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 Sompo Holdings ADR price movement. The serial correlation of 0.39 indicates that just about 39.0% of current Sompo Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.33 |
Sompo Holdings ADR lagged returns against current returns
Autocorrelation, which is Sompo 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 Sompo Holdings' pink sheet expected returns. We can calculate the autocorrelation of Sompo Holdings returns to help us make a trade decision. For example, suppose you find that Sompo 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 |
Sompo 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 Sompo Holdings pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sompo 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 Sompo Holdings pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sompo Holdings Lagged Returns
When evaluating Sompo Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sompo Holdings pink sheet have on its future price. Sompo 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, Sompo Holdings autocorrelation shows the relationship between Sompo Holdings pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sompo Holdings ADR.
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 Sompo Pink Sheet Analysis
When running Sompo Holdings' price analysis, check to measure Sompo 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 Sompo Holdings is operating at the current time. Most of Sompo Holdings' value examination focuses on studying past and present price action to predict the probability of Sompo Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sompo Holdings' price. Additionally, you may evaluate how the addition of Sompo Holdings to your portfolios can decrease your overall portfolio volatility.