Standard Chartered (UK) Market Value
| STAN Stock | 959.80 6.00 0.62% |
| Symbol | Standard |
Standard Chartered '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 Standard Chartered's 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 Standard Chartered.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Standard Chartered on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Chartered PLC or generate 0.0% return on investment in Standard Chartered over 30 days. Standard Chartered is related to or competes with Toyota, Lendinvest PLC, Neometals, Coor Service, Albion Technology, Jupiter Fund, and JPMorgan ETFs. Standard Chartered is entity of United Kingdom More
Standard Chartered 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 Standard Chartered's 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 Standard Chartered PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.44 | |||
| Information Ratio | 0.1333 | |||
| Maximum Drawdown | 7.53 | |||
| Value At Risk | (2.18) | |||
| Potential Upside | 3.01 |
Standard Chartered Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Chartered's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Chartered's standard deviation. In reality, there are many statistical measures that can use Standard Chartered historical prices to predict the future Standard Chartered's volatility.| Risk Adjusted Performance | 0.1695 | |||
| Jensen Alpha | 0.2495 | |||
| Total Risk Alpha | 0.0818 | |||
| Sortino Ratio | 0.1484 | |||
| Treynor Ratio | 0.4771 |
Standard Chartered PLC Backtested Returns
Standard Chartered appears to be very steady, given 3 months investment horizon. Standard Chartered PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21% return per unit of risk over the last 3 months. We have found thirty technical indicators for Standard Chartered PLC, which you can use to evaluate the volatility of the company. Please review Standard Chartered's Coefficient Of Variation of 465.41, semi deviation of 1.17, and Risk Adjusted Performance of 0.1695 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Standard Chartered holds a performance score of 16. The entity has a beta of 0.7, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Standard Chartered's returns are expected to increase less than the market. However, during the bear market, the loss of holding Standard Chartered is expected to be smaller as well. Please check Standard Chartered's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Standard Chartered's existing price patterns will revert.
Auto-correlation | 0.71 |
Good predictability
Standard Chartered PLC has good predictability. Overlapping area represents the amount of predictability between Standard Chartered time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Standard Chartered PLC price movement. The serial correlation of 0.71 indicates that around 71.0% of current Standard Chartered price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 120.44 |
Standard Chartered PLC lagged returns against current returns
Autocorrelation, which is Standard Chartered 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 Standard Chartered's stock expected returns. We can calculate the autocorrelation of Standard Chartered returns to help us make a trade decision. For example, suppose you find that Standard Chartered 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 |
Standard Chartered 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 Standard Chartered stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Chartered stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Chartered stock over time.
Current vs Lagged Prices |
| Timeline |
Standard Chartered Lagged Returns
When evaluating Standard Chartered's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Chartered stock have on its future price. Standard Chartered 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, Standard Chartered autocorrelation shows the relationship between Standard Chartered stock current value and its past values and can show if there is a momentum factor associated with investing in Standard Chartered PLC.
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 Standard Stock Analysis
When running Standard Chartered's price analysis, check to measure Standard Chartered'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 Standard Chartered is operating at the current time. Most of Standard Chartered's value examination focuses on studying past and present price action to predict the probability of Standard Chartered's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Standard Chartered's price. Additionally, you may evaluate how the addition of Standard Chartered to your portfolios can decrease your overall portfolio volatility.