Swire Pacific Stock Market Value
| SWRAY Stock | USD 8.26 0.23 2.86% |
| Symbol | Swire |
Swire Pacific '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 Swire Pacific's pink sheet 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 Swire Pacific.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Swire Pacific on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Swire Pacific or generate 0.0% return on investment in Swire Pacific over 30 days. Swire Pacific is related to or competes with CK Hutchison, Marubeni, Sumitomo Corp, Marubeni Corp, Citic, Alaska Power, and Windrock Land. Swire Pacific Limited engages in property, aviation, beverages, marine, and trading and industrial businesses in Hong Ko... More
Swire Pacific 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 Swire Pacific's pink sheet 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 Swire Pacific upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.29 | |||
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 11.08 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 2.59 |
Swire Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Swire Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swire Pacific's standard deviation. In reality, there are many statistical measures that can use Swire Pacific historical prices to predict the future Swire Pacific's volatility.| Risk Adjusted Performance | 0.0119 | |||
| Jensen Alpha | 0.0112 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | (0.08) |
Swire Pacific Backtested Returns
Swire Pacific owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0146, which indicates the firm had a -0.0146% return per unit of risk over the last 3 months. Swire Pacific exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swire Pacific's Semi Deviation of 2.13, risk adjusted performance of 0.0119, and Coefficient Of Variation of 12521.26 to confirm the risk estimate we provide. The entity has a beta of -0.0579, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Swire Pacific are expected to decrease at a much lower rate. During the bear market, Swire Pacific is likely to outperform the market. At this point, Swire Pacific has a negative expected return of -0.0268%. Please make sure to validate Swire Pacific's maximum drawdown, as well as the relationship between the skewness and price action indicator , to decide if Swire Pacific performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Swire Pacific has insignificant reverse predictability. Overlapping area represents the amount of predictability between Swire Pacific time series from 28th of October 2024 to 12th of November 2024 and 12th of November 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 Swire Pacific price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Swire Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Swire Pacific lagged returns against current returns
Autocorrelation, which is Swire Pacific pink sheet'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 Swire Pacific's pink sheet expected returns. We can calculate the autocorrelation of Swire Pacific returns to help us make a trade decision. For example, suppose you find that Swire Pacific has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Swire Pacific 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 Swire Pacific pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swire Pacific pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swire Pacific pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Swire Pacific Lagged Returns
When evaluating Swire Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swire Pacific pink sheet have on its future price. Swire Pacific 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, Swire Pacific autocorrelation shows the relationship between Swire Pacific pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Swire Pacific.
Regressed Prices |
| Timeline |
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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 Tools for Swire Pink Sheet Analysis
When running Swire Pacific's price analysis, check to measure Swire Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Swire Pacific is operating at the current time. Most of Swire Pacific's value examination focuses on studying past and present price action to predict the probability of Swire Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Swire Pacific's price. Additionally, you may evaluate how the addition of Swire Pacific to your portfolios can decrease your overall portfolio volatility.