Ssc Technologies Holdings Stock Market Value
| SSNC Stock | USD 76.12 0.96 1.28% |
| Symbol | SSC |
SSC Technologies Holdings Price To Book Ratio
Is Application Software space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SSC Technologies. If investors know SSC will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SSC Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.066 | Dividend Share 0.97 | Earnings Share 2.79 | Revenue Per Share 23.383 | Quarterly Revenue Growth 0.073 |
The market value of SSC Technologies Holdings is measured differently than its book value, which is the value of SSC that is recorded on the company's balance sheet. Investors also form their own opinion of SSC Technologies' value that differs from its market value or its book value, called intrinsic value, which is SSC Technologies' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SSC Technologies' market value can be influenced by many factors that don't directly affect SSC Technologies' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.
SSC Technologies '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 SSC Technologies' 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 SSC Technologies.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in SSC Technologies on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding SSC Technologies Holdings or generate 0.0% return on investment in SSC Technologies over 30 days. SSC Technologies is related to or competes with Aspen Technology, Bentley Systems, Tyler Technologies, Blackbaud, Blackline, Manhattan Associates, and DoubleVerify Holdings. SSC Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled service... More
SSC Technologies 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 SSC Technologies' 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 SSC Technologies Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 8.66 | |||
| Value At Risk | (1.31) | |||
| Potential Upside | 1.6 |
SSC Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSC Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSC Technologies' standard deviation. In reality, there are many statistical measures that can use SSC Technologies historical prices to predict the future SSC Technologies' volatility.| Risk Adjusted Performance | 0.0321 | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.0351 |
SSC Technologies Holdings Backtested Returns
At this point, SSC Technologies is very steady. SSC Technologies Holdings retains Efficiency (Sharpe Ratio) of 0.0418, which indicates the firm had a 0.0418% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SSC Technologies, which you can use to evaluate the volatility of the company. Please validate SSC Technologies' risk adjusted performance of 0.0321, and Downside Deviation of 1.58 to confirm if the risk estimate we provide is consistent with the expected return of 0.054%. SSC Technologies has a performance score of 3 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 1.04, which indicates a somewhat significant risk relative to the market. SSC Technologies returns are very sensitive to returns on the market. As the market goes up or down, SSC Technologies is expected to follow. SSC Technologies Holdings currently owns a risk of 1.29%. Please validate SSC Technologies Holdings jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if SSC Technologies Holdings will be following its current price history.
Auto-correlation | 0.55 |
Modest predictability
SSC Technologies Holdings has modest predictability. Overlapping area represents the amount of predictability between SSC Technologies time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 SSC Technologies Holdings price movement. The serial correlation of 0.55 indicates that about 55.0% of current SSC Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.55 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
SSC Technologies Holdings lagged returns against current returns
Autocorrelation, which is SSC Technologies 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 SSC Technologies' stock expected returns. We can calculate the autocorrelation of SSC Technologies returns to help us make a trade decision. For example, suppose you find that SSC Technologies 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 |
SSC Technologies 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 SSC Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSC Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSC Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
SSC Technologies Lagged Returns
When evaluating SSC Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSC Technologies stock have on its future price. SSC Technologies 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, SSC Technologies autocorrelation shows the relationship between SSC Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SSC Technologies Holdings.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock:Check out SSC Technologies Correlation, SSC Technologies Volatility and SSC Technologies Alpha and Beta module to complement your research on SSC Technologies. You can also try the Portfolio Rebalancing module to analyze risk-adjusted returns against different time horizons to find asset-allocation targets.
SSC Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.