Grupo Supervielle (Argentina) Market Value
| SUPV Stock | ARS 3,635 5.00 0.14% |
| Symbol | Grupo |
Grupo Supervielle '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 Grupo Supervielle'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 Grupo Supervielle.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in Grupo Supervielle on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding Grupo Supervielle SA or generate 0.0% return on investment in Grupo Supervielle over 30 days. Grupo Supervielle is related to or competes with Banco Macro, and . Grupo Supervielle S.A., a financial services holding company, provides banking products and services in Argentina More
Grupo Supervielle 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 Grupo Supervielle'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 Grupo Supervielle SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.49 | |||
| Information Ratio | 0.2516 | |||
| Maximum Drawdown | 21.07 | |||
| Value At Risk | (3.87) | |||
| Potential Upside | 6.45 |
Grupo Supervielle Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Grupo Supervielle's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Grupo Supervielle's standard deviation. In reality, there are many statistical measures that can use Grupo Supervielle historical prices to predict the future Grupo Supervielle's volatility.| Risk Adjusted Performance | 0.2144 | |||
| Jensen Alpha | 0.9646 | |||
| Total Risk Alpha | 0.834 | |||
| Sortino Ratio | 0.3678 | |||
| Treynor Ratio | (0.91) |
Grupo Supervielle Backtested Returns
Grupo Supervielle is very steady given 3 months investment horizon. Grupo Supervielle holds Efficiency (Sharpe) Ratio of 0.31, which attests that the entity had a 0.31% return per unit of risk over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Grupo Supervielle SA Market Risk Adjusted Performance of (0.90), downside deviation of 2.49, and Risk Adjusted Performance of 0.2144 to evaluate company specific risk that cannot be diversified away. Grupo Supervielle holds a performance score of 24 on a scale of zero to a hundred. The company retains a Market Volatility (i.e., Beta) of -1.03, which attests to a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Grupo Supervielle are expected to decrease slowly. On the other hand, during market turmoil, Grupo Supervielle is expected to outperform it slightly. Use Grupo Supervielle SA semi variance, accumulation distribution, and the relationship between the potential upside and skewness , to analyze future returns on Grupo Supervielle SA.
Auto-correlation | 0.72 |
Good predictability
Grupo Supervielle SA has good predictability. Overlapping area represents the amount of predictability between Grupo Supervielle time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th of December 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 Grupo Supervielle price movement. The serial correlation of 0.72 indicates that around 72.0% of current Grupo Supervielle price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.72 | |
| Spearman Rank Test | 0.6 | |
| Residual Average | 0.0 | |
| Price Variance | 158.9 K |
Grupo Supervielle lagged returns against current returns
Autocorrelation, which is Grupo Supervielle 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 Grupo Supervielle's stock expected returns. We can calculate the autocorrelation of Grupo Supervielle returns to help us make a trade decision. For example, suppose you find that Grupo Supervielle 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 |
Grupo Supervielle 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 Grupo Supervielle stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Grupo Supervielle stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Grupo Supervielle stock over time.
Current vs Lagged Prices |
| Timeline |
Grupo Supervielle Lagged Returns
When evaluating Grupo Supervielle's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Grupo Supervielle stock have on its future price. Grupo Supervielle 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, Grupo Supervielle autocorrelation shows the relationship between Grupo Supervielle stock current value and its past values and can show if there is a momentum factor associated with investing in Grupo Supervielle SA.
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.Additional Information and Resources on Investing in Grupo Stock
When determining whether Grupo Supervielle is a strong investment it is important to analyze Grupo Supervielle's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Grupo Supervielle's future performance. For an informed investment choice regarding Grupo Stock, refer to the following important reports:Check out Grupo Supervielle Correlation, Grupo Supervielle Volatility and Grupo Supervielle Alpha and Beta module to complement your research on Grupo Supervielle. You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Grupo Supervielle 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.