SASOL FING USA Market Value
| 80386WAB1 | 100.91 4.67 4.85% |
| Symbol | SASOL |
SASOL '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 SASOL's bond 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 SASOL.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in SASOL on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding SASOL FING USA or generate 0.0% return on investment in SASOL over 30 days. SASOL is related to or competes with Summit Materials, Cheche Group, Old Dominion, Bankwell Financial, Aldel Financial, PennantPark Floating, and Saia. More
SASOL 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 SASOL's bond 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 SASOL FING USA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.48 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 7.81 | |||
| Value At Risk | (2.46) | |||
| Potential Upside | 1.99 |
SASOL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SASOL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SASOL's standard deviation. In reality, there are many statistical measures that can use SASOL historical prices to predict the future SASOL's volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | 0.055 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.09) |
SASOL FING USA Backtested Returns
At this point, SASOL is very steady. SASOL FING USA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0431, which indicates the bond had a 0.0431 % return per unit of standard deviation over the last 3 months. We have found twenty-seven technical indicators for SASOL FING USA, which you can use to evaluate the volatility of the entity. Please validate SASOL's Downside Deviation of 1.48, risk adjusted performance of 0.0262, and Market Risk Adjusted Performance of (0.08) to confirm if the risk estimate we provide is consistent with the expected return of 0.062%. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SASOL are expected to decrease at a much lower rate. During the bear market, SASOL is likely to outperform the market.
Auto-correlation | -0.13 |
Insignificant reverse predictability
SASOL FING USA has insignificant reverse predictability. Overlapping area represents the amount of predictability between SASOL time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SASOL FING USA price movement. The serial correlation of -0.13 indicates that less than 13.0% of current SASOL price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | 0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 2.75 |
SASOL FING USA lagged returns against current returns
Autocorrelation, which is SASOL bond'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 SASOL's bond expected returns. We can calculate the autocorrelation of SASOL returns to help us make a trade decision. For example, suppose you find that SASOL has exhibited high autocorrelation historically, and you observe that the bond 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 |
SASOL 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 SASOL bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SASOL bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SASOL bond over time.
Current vs Lagged Prices |
| Timeline |
SASOL Lagged Returns
When evaluating SASOL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SASOL bond have on its future price. SASOL 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, SASOL autocorrelation shows the relationship between SASOL bond current value and its past values and can show if there is a momentum factor associated with investing in SASOL FING USA.
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 SASOL Bond
SASOL financial ratios help investors to determine whether SASOL Bond 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 SASOL with respect to the benefits of owning SASOL security.