Sm Prime Holdings Stock Market Value
| SPHXF Stock | USD 0.46 0.00 0.00% |
| Symbol | SPHXF |
SM Prime '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 Prime'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 SM Prime.
| 12/07/2023 |
| 12/01/2024 |
If you would invest 0.00 in SM Prime on December 7, 2023 and sell it all today you would earn a total of 0.00 from holding SM Prime Holdings or generate 0.0% return on investment in SM Prime over 360 days. SM Prime is related to or competes with Comstock Holding, and St Joe. SM Prime Holdings, Inc., together with its subsidiaries, engages in the property development business in the Philippines... More
SM Prime 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 Prime'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 SM Prime Holdings upside and downside potential and time the market with a certain degree of confidence.
SM Prime Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SM Prime's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SM Prime's standard deviation. In reality, there are many statistical measures that can use SM Prime historical prices to predict the future SM Prime's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SM Prime'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.
SM Prime Holdings Backtested Returns
We have found three technical indicators for SM Prime, which you can use to evaluate the volatility of the company. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SM Prime are completely uncorrelated.
Auto-correlation | -0.51 |
Good reverse predictability
SM Prime Holdings has good reverse predictability. Overlapping area represents the amount of predictability between SM Prime time series from 7th of December 2023 to 4th of June 2024 and 4th of June 2024 to 1st of December 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 Prime Holdings price movement. The serial correlation of -0.51 indicates that about 51.0% of current SM Prime price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.51 | |
| Spearman Rank Test | -0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SM Prime Holdings lagged returns against current returns
Autocorrelation, which is SM Prime 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 SM Prime's pink sheet expected returns. We can calculate the autocorrelation of SM Prime returns to help us make a trade decision. For example, suppose you find that SM Prime 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 |
SM Prime 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 Prime pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SM Prime pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SM Prime pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SM Prime Lagged Returns
When evaluating SM Prime's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SM Prime pink sheet have on its future price. SM Prime 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 Prime autocorrelation shows the relationship between SM Prime pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SM Prime Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SPHXF Pink Sheet
SM Prime financial ratios help investors to determine whether SPHXF Pink Sheet 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 SPHXF with respect to the benefits of owning SM Prime security.