ServiceInternational (Germany) Market Value
| SVC Stock | EUR 81.54 0.34 0.42% |
| Symbol | ServiceInternational |
ServiceInternational '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 ServiceInternational'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 ServiceInternational.
| 11/12/2024 |
| 12/12/2024 |
If you would invest 0.00 in ServiceInternational on November 12, 2024 and sell it all today you would earn a total of 0.00 from holding Service International or generate 0.0% return on investment in ServiceInternational over 30 days. ServiceInternational is related to or competes with Bright Horizons, BOYD GROUP, Frontdoor, CVS Group, Gesundheitswelt Chiemgau, and CEWE Stiftung. Service Corporation International provides deathcare products and services in the United States and Canada More
ServiceInternational 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 ServiceInternational'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 Service International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9687 | |||
| Information Ratio | 0.0779 | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (1.42) | |||
| Potential Upside | 2.21 |
ServiceInternational Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for ServiceInternational's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as ServiceInternational's standard deviation. In reality, there are many statistical measures that can use ServiceInternational historical prices to predict the future ServiceInternational's volatility.| Risk Adjusted Performance | 0.1216 | |||
| Jensen Alpha | 0.2363 | |||
| Total Risk Alpha | 0.0181 | |||
| Sortino Ratio | 0.1082 | |||
| Treynor Ratio | (0.71) |
Service International Backtested Returns
ServiceInternational appears to be very steady, given 3 months investment horizon. Service International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Service International, which you can use to evaluate the volatility of the company. Please review ServiceInternational's Semi Deviation of 0.7684, risk adjusted performance of 0.1216, and Coefficient Of Variation of 620.92 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, ServiceInternational holds a performance score of 11. The entity has a beta of -0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning ServiceInternational are expected to decrease at a much lower rate. During the bear market, ServiceInternational is likely to outperform the market. Please check ServiceInternational's downside variance, kurtosis, and the relationship between the value at risk and expected short fall , to make a quick decision on whether ServiceInternational's existing price patterns will revert.
Auto-correlation | -0.83 |
Excellent reverse predictability
Service International has excellent reverse predictability. Overlapping area represents the amount of predictability between ServiceInternational time series from 12th of November 2024 to 27th of November 2024 and 27th of November 2024 to 12th 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 Service International price movement. The serial correlation of -0.83 indicates that around 83.0% of current ServiceInternational price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 1.3 |
Service International lagged returns against current returns
Autocorrelation, which is ServiceInternational 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 ServiceInternational's stock expected returns. We can calculate the autocorrelation of ServiceInternational returns to help us make a trade decision. For example, suppose you find that ServiceInternational 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 |
ServiceInternational 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 ServiceInternational stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if ServiceInternational stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in ServiceInternational stock over time.
Current vs Lagged Prices |
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ServiceInternational Lagged Returns
When evaluating ServiceInternational's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of ServiceInternational stock have on its future price. ServiceInternational 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, ServiceInternational autocorrelation shows the relationship between ServiceInternational stock current value and its past values and can show if there is a momentum factor associated with investing in Service International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in ServiceInternational Stock
When determining whether Service International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of ServiceInternational's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Service International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Service International Stock:Check out ServiceInternational Correlation, ServiceInternational Volatility and ServiceInternational Alpha and Beta module to complement your research on ServiceInternational. You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
ServiceInternational 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.