Secom Co Ltd Stock Market Value

SOMLY Stock  USD 8.38  0.01  0.12%   
Secom Co's market value is the price at which a share of Secom Co trades on a public exchange. It measures the collective expectations of Secom Co Ltd investors about its performance. Secom Co is trading at 8.38 as of the 26th of November 2024; that is 0.12% increase since the beginning of the trading day. The stock's open price was 8.37.
With this module, you can estimate the performance of a buy and hold strategy of Secom Co Ltd and determine expected loss or profit from investing in Secom Co over a given investment horizon. Check out Secom Co Correlation, Secom Co Volatility and Secom Co Alpha and Beta module to complement your research on Secom Co.
Symbol

Please note, there is a significant difference between Secom Co's value and its price as these two are different measures arrived at by different means. Investors typically determine if Secom Co is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Secom Co's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Secom Co '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 Secom Co'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 Secom Co.
0.00
01/31/2024
No Change 0.00  0.0 
In 9 months and 28 days
11/26/2024
0.00
If you would invest  0.00  in Secom Co on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Secom Co Ltd or generate 0.0% return on investment in Secom Co over 300 days. Secom Co is related to or competes with Mitsubishi Estate, Sekisui House, Daiwa House, MSAD Insurance, and Suntory Beverage. SECOM CO., LTD. provides security services in Japan and internationally More

Secom Co 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 Secom Co'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 Secom Co Ltd upside and downside potential and time the market with a certain degree of confidence.

Secom Co Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Secom Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Secom Co's standard deviation. In reality, there are many statistical measures that can use Secom Co historical prices to predict the future Secom Co's volatility.
Hype
Prediction
LowEstimatedHigh
7.028.389.74
Details
Intrinsic
Valuation
LowRealHigh
6.637.999.35
Details
Naive
Forecast
LowNextHigh
6.848.199.55
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
8.018.378.73
Details

Secom Co Backtested Returns

Secom Co owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.1, which indicates the firm had a -0.1% return per unit of risk over the last 3 months. Secom Co Ltd exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Secom Co's Risk Adjusted Performance of (0.07), coefficient of variation of (969.98), and Variance of 1.86 to confirm the risk estimate we provide. The entity has a beta of -0.0562, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Secom Co are expected to decrease at a much lower rate. During the bear market, Secom Co is likely to outperform the market. At this point, Secom Co has a negative expected return of -0.14%. Please make sure to validate Secom Co's coefficient of variation, value at risk, as well as the relationship between the Value At Risk and rate of daily change , to decide if Secom Co performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.21  

Weak reverse predictability

Secom Co Ltd has weak reverse predictability. Overlapping area represents the amount of predictability between Secom Co 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 Secom Co price movement. The serial correlation of -0.21 indicates that over 21.0% of current Secom Co price fluctuation can be explain by its past prices.
Correlation Coefficient-0.21
Spearman Rank Test-0.53
Residual Average0.0
Price Variance0.52

Secom Co lagged returns against current returns

Autocorrelation, which is Secom Co 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 Secom Co's pink sheet expected returns. We can calculate the autocorrelation of Secom Co returns to help us make a trade decision. For example, suppose you find that Secom Co 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  

Secom Co 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 Secom Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Secom Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Secom Co pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Secom Co Lagged Returns

When evaluating Secom Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Secom Co pink sheet have on its future price. Secom Co 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, Secom Co autocorrelation shows the relationship between Secom Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Secom Co Ltd.
   Regressed Prices   
       Timeline  

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Additional Tools for Secom Pink Sheet Analysis

When running Secom Co's price analysis, check to measure Secom Co'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 Secom Co is operating at the current time. Most of Secom Co's value examination focuses on studying past and present price action to predict the probability of Secom Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secom Co's price. Additionally, you may evaluate how the addition of Secom Co to your portfolios can decrease your overall portfolio volatility.