Subsea 7 (Norway) Market Value
| SUBC Stock | NOK 181.60 3.50 1.89% |
| Symbol | Subsea |
Subsea 7 '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 Subsea 7'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 Subsea 7.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Subsea 7 on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Subsea 7 SA or generate 0.0% return on investment in Subsea 7 over 510 days. Subsea 7 is related to or competes with BW Offshore, and Odfjell Drilling. Subsea 7 S.A. delivers offshore projects and services for the evolving energy industry worldwide More
Subsea 7 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 Subsea 7'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 Subsea 7 SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 8.8 | |||
| Value At Risk | (3.25) | |||
| Potential Upside | 2.52 |
Subsea 7 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Subsea 7's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Subsea 7's standard deviation. In reality, there are many statistical measures that can use Subsea 7 historical prices to predict the future Subsea 7's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.15) | |||
| Total Risk Alpha | (0.39) | |||
| Treynor Ratio | (0.24) |
Subsea 7 SA Backtested Returns
Subsea 7 SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0048, which indicates the firm had a -0.0048% return per unit of risk over the last 3 months. Subsea 7 SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Subsea 7's Risk Adjusted Performance of (0.03), variance of 3.56, and Coefficient Of Variation of (2,125) to confirm the risk estimate we provide. The entity has a beta of 0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Subsea 7's returns are expected to increase less than the market. However, during the bear market, the loss of holding Subsea 7 is expected to be smaller as well. At this point, Subsea 7 SA has a negative expected return of -0.0088%. Please make sure to validate Subsea 7's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Subsea 7 SA performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.38 |
Below average predictability
Subsea 7 SA has below average predictability. Overlapping area represents the amount of predictability between Subsea 7 time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Subsea 7 SA price movement. The serial correlation of 0.38 indicates that just about 38.0% of current Subsea 7 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.38 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 116.49 |
Subsea 7 SA lagged returns against current returns
Autocorrelation, which is Subsea 7 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 Subsea 7's stock expected returns. We can calculate the autocorrelation of Subsea 7 returns to help us make a trade decision. For example, suppose you find that Subsea 7 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 |
Subsea 7 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 Subsea 7 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Subsea 7 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Subsea 7 stock over time.
Current vs Lagged Prices |
| Timeline |
Subsea 7 Lagged Returns
When evaluating Subsea 7's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Subsea 7 stock have on its future price. Subsea 7 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, Subsea 7 autocorrelation shows the relationship between Subsea 7 stock current value and its past values and can show if there is a momentum factor associated with investing in Subsea 7 SA.
Regressed Prices |
| Timeline |
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Subsea 7 financial ratios help investors to determine whether Subsea Stock 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 Subsea with respect to the benefits of owning Subsea 7 security.