SASOL 4375 18 SEP 26 Market Value
| 80386WAC9 | 95.78 0.50 0.52% |
| Symbol | SASOL |
Please note, there is a significant difference between SASOL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SASOL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SASOL's 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.
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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in SASOL on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding SASOL 4375 18 SEP 26 or generate 0.0% return on investment in SASOL over 30 days. SASOL is related to or competes with ATT, Home Depot, Cisco Systems, Dupont De, GE Aerospace, Johnson Johnson, and Intel. 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 4375 18 SEP 26 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6383 | |||
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 3.82 | |||
| Value At Risk | (0.92) | |||
| Potential Upside | 0.9836 |
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 | 0.0355 | |||
| Jensen Alpha | 0.0281 | |||
| Total Risk Alpha | (0.09) | |||
| Sortino Ratio | (0.16) | |||
| Treynor Ratio | (0.53) |
SASOL 4375 18 Backtested Returns
SASOL 4375 18 owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0763, which indicates the bond had a -0.0763% return per unit of standard deviation over the last 3 months. SASOL 4375 18 SEP 26 exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SASOL's Risk Adjusted Performance of 0.0355, downside deviation of 0.6383, and Market Risk Adjusted Performance of (0.52) to confirm the risk estimate we provide. The entity has a beta of -0.043, which indicates not very significant fluctuations relative to the market. 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 | 0.28 |
Poor predictability
SASOL 4375 18 SEP 26 has poor predictability. Overlapping area represents the amount of predictability between SASOL time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 SASOL 4375 18 price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current SASOL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | 0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
SASOL 4375 18 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 4375 18 SEP 26.
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.