Scentre Group Stock Market Value
| STGPF Stock | USD 1.88 0.00 0.00% |
| Symbol | Scentre |
Scentre '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 Scentre'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 Scentre.
| 12/24/2024 |
| 01/23/2025 |
If you would invest 0.00 in Scentre on December 24, 2024 and sell it all today you would earn a total of 0.00 from holding Scentre Group or generate 0.0% return on investment in Scentre over 30 days. Scentre is related to or competes with Mapletree Commercial, Retail Opportunity, and Kimco Realty. Scentre Group is the owner and operator of Westfield in Australia and New Zealand with interests in 42 Westfield Living ... More
Scentre 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 Scentre'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 Scentre Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 48.72 | |||
| Value At Risk | (5.53) | |||
| Potential Upside | 9.13 |
Scentre Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scentre's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scentre's standard deviation. In reality, there are many statistical measures that can use Scentre historical prices to predict the future Scentre's volatility.| Risk Adjusted Performance | 0.0078 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.02) |
Scentre Group Backtested Returns
Scentre Group owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Scentre Group exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scentre's Risk Adjusted Performance of 0.0078, coefficient of variation of (123,337), and Variance of 32.66 to confirm the risk estimate we provide. The entity has a beta of 0.69, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scentre's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scentre is expected to be smaller as well. At this point, Scentre Group has a negative expected return of -0.0046%. Please make sure to validate Scentre's jensen alpha, as well as the relationship between the skewness and day typical price , to decide if Scentre Group performance from the past will be repeated at some point in the near future.
Auto-correlation | Huge |
Perfect predictability
Scentre Group has perfect predictability. Overlapping area represents the amount of predictability between Scentre time series from 24th of December 2024 to 8th of January 2025 and 8th of January 2025 to 23rd of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Scentre Group price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Scentre price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scentre Group lagged returns against current returns
Autocorrelation, which is Scentre 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 Scentre's pink sheet expected returns. We can calculate the autocorrelation of Scentre returns to help us make a trade decision. For example, suppose you find that Scentre 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 |
Scentre 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 Scentre pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scentre pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scentre pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Scentre Lagged Returns
When evaluating Scentre's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scentre pink sheet have on its future price. Scentre 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, Scentre autocorrelation shows the relationship between Scentre pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Scentre Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Scentre Pink Sheet
Scentre financial ratios help investors to determine whether Scentre 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 Scentre with respect to the benefits of owning Scentre security.