SEKISUI CHEMICAL (Germany) Market Value
| SUI Stock | EUR 15.00 0.80 5.63% |
| Symbol | SEKISUI |
SEKISUI CHEMICAL '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 SEKISUI CHEMICAL'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 SEKISUI CHEMICAL.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in SEKISUI CHEMICAL on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding SEKISUI CHEMICAL or generate 0.0% return on investment in SEKISUI CHEMICAL over 90 days. SEKISUI CHEMICAL is related to or competes with Apple, Apple, Superior Plus, SIVERS SEMICONDUCTORS, Intel, Meli Hotels, and SIRIUS XM. More
SEKISUI CHEMICAL 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 SEKISUI CHEMICAL'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 SEKISUI CHEMICAL upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.13 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.46) | |||
| Potential Upside | 2.13 |
SEKISUI CHEMICAL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEKISUI CHEMICAL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEKISUI CHEMICAL's standard deviation. In reality, there are many statistical measures that can use SEKISUI CHEMICAL historical prices to predict the future SEKISUI CHEMICAL's volatility.| Risk Adjusted Performance | 0.103 | |||
| Jensen Alpha | 0.1591 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0332 | |||
| Treynor Ratio | (15.95) |
SEKISUI CHEMICAL Backtested Returns
At this point, SEKISUI CHEMICAL is not too volatile. SEKISUI CHEMICAL owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SEKISUI CHEMICAL, which you can use to evaluate the volatility of the company. Please validate SEKISUI CHEMICAL's risk adjusted performance of 0.103, and Coefficient Of Variation of 773.27 to confirm if the risk estimate we provide is consistent with the expected return of 0.16%. SEKISUI CHEMICAL has a performance score of 9 on a scale of 0 to 100. The entity has a beta of -0.0099, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SEKISUI CHEMICAL are expected to decrease at a much lower rate. During the bear market, SEKISUI CHEMICAL is likely to outperform the market. SEKISUI CHEMICAL currently has a risk of 1.31%. Please validate SEKISUI CHEMICAL jensen alpha, sortino ratio, maximum drawdown, as well as the relationship between the total risk alpha and treynor ratio , to decide if SEKISUI CHEMICAL will be following its existing price patterns.
Auto-correlation | -0.02 |
Very weak reverse predictability
SEKISUI CHEMICAL has very weak reverse predictability. Overlapping area represents the amount of predictability between SEKISUI CHEMICAL time series from 29th of August 2024 to 13th of October 2024 and 13th of October 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 SEKISUI CHEMICAL price movement. The serial correlation of -0.02 indicates that only 2.0% of current SEKISUI CHEMICAL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
SEKISUI CHEMICAL lagged returns against current returns
Autocorrelation, which is SEKISUI CHEMICAL 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 SEKISUI CHEMICAL's stock expected returns. We can calculate the autocorrelation of SEKISUI CHEMICAL returns to help us make a trade decision. For example, suppose you find that SEKISUI CHEMICAL 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 |
SEKISUI CHEMICAL 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 SEKISUI CHEMICAL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEKISUI CHEMICAL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEKISUI CHEMICAL stock over time.
Current vs Lagged Prices |
| Timeline |
SEKISUI CHEMICAL Lagged Returns
When evaluating SEKISUI CHEMICAL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEKISUI CHEMICAL stock have on its future price. SEKISUI CHEMICAL 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, SEKISUI CHEMICAL autocorrelation shows the relationship between SEKISUI CHEMICAL stock current value and its past values and can show if there is a momentum factor associated with investing in SEKISUI CHEMICAL.
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.Other Information on Investing in SEKISUI Stock
SEKISUI CHEMICAL financial ratios help investors to determine whether SEKISUI 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 SEKISUI with respect to the benefits of owning SEKISUI CHEMICAL security.