Solowin Holdings Ordinary Etf Market Value
| SWIN Etf | USD 2.57 0.16 6.64% |
| Symbol | Solowin |
The market value of Solowin Holdings Ordinary is measured differently than its book value, which is the value of Solowin that is recorded on the company's balance sheet. Investors also form their own opinion of Solowin Holdings' value that differs from its market value or its book value, called intrinsic value, which is Solowin Holdings' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Solowin Holdings' market value can be influenced by many factors that don't directly affect Solowin Holdings' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Solowin Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Solowin Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Solowin Holdings' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Solowin Holdings '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 Solowin Holdings' etf 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 Solowin Holdings.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Solowin Holdings on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Solowin Holdings Ordinary or generate 0.0% return on investment in Solowin Holdings over 30 days. Solowin Holdings is related to or competes with Bannix Acquisition. The investment seeks investment results that correspond generally to the performance of the Dorsey Wright US Sector Mome... More
Solowin Holdings 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 Solowin Holdings' etf 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 Solowin Holdings Ordinary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.65 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 37.54 | |||
| Value At Risk | (7.09) | |||
| Potential Upside | 7.39 |
Solowin Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solowin Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solowin Holdings' standard deviation. In reality, there are many statistical measures that can use Solowin Holdings historical prices to predict the future Solowin Holdings' volatility.| Risk Adjusted Performance | 0.0123 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.97) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.0452 |
Solowin Holdings Ordinary Backtested Returns
As of now, Solowin Etf is dangerous. Solowin Holdings Ordinary owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0302, which indicates the etf had a 0.0302% return per unit of risk over the last 3 months. We have found thirty technical indicators for Solowin Holdings Ordinary, which you can use to evaluate the volatility of the etf. Please validate Solowin Holdings' Risk Adjusted Performance of 0.0123, coefficient of variation of 21443.04, and Semi Deviation of 4.22 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. The entity has a beta of 0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Solowin Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Solowin Holdings is expected to be smaller as well.
Auto-correlation | -0.25 |
Weak reverse predictability
Solowin Holdings Ordinary has weak reverse predictability. Overlapping area represents the amount of predictability between Solowin Holdings time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st 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 Solowin Holdings Ordinary price movement. The serial correlation of -0.25 indicates that over 25.0% of current Solowin Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.25 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Solowin Holdings Ordinary lagged returns against current returns
Autocorrelation, which is Solowin Holdings etf'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 Solowin Holdings' etf expected returns. We can calculate the autocorrelation of Solowin Holdings returns to help us make a trade decision. For example, suppose you find that Solowin Holdings has exhibited high autocorrelation historically, and you observe that the etf 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 |
Solowin Holdings 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 Solowin Holdings etf is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solowin Holdings etf is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solowin Holdings etf over time.
Current vs Lagged Prices |
| Timeline |
Solowin Holdings Lagged Returns
When evaluating Solowin Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solowin Holdings etf have on its future price. Solowin Holdings 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, Solowin Holdings autocorrelation shows the relationship between Solowin Holdings etf current value and its past values and can show if there is a momentum factor associated with investing in Solowin Holdings Ordinary.
Regressed Prices |
| Timeline |
Pair Trading with Solowin Holdings
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Solowin Holdings position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Solowin Holdings will appreciate offsetting losses from the drop in the long position's value.Moving against Solowin Etf
| 0.62 | V | Visa Class A | PairCorr |
| 0.56 | GS | Goldman Sachs Group Fiscal Year End 21st of January 2025 | PairCorr |
| 0.54 | DHIL | Diamond Hill Investment | PairCorr |
| 0.54 | WT | WisdomTree | PairCorr |
| 0.52 | LC | LendingClub Corp | PairCorr |
The ability to find closely correlated positions to Solowin Holdings could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solowin Holdings when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Solowin Holdings - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Solowin Holdings Ordinary to buy it.
The correlation of Solowin Holdings is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Solowin Holdings moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solowin Holdings Ordinary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Solowin Holdings can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Solowin Etf
Solowin Holdings financial ratios help investors to determine whether Solowin Etf 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 Solowin with respect to the benefits of owning Solowin Holdings security.