Standard Chartered Plc Market Value
| 853254AB6 | 101.20 0.00 0.00% |
| Symbol | Standard |
Standard '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 Standard'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 Standard.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Standard on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Chartered Plc or generate 0.0% return on investment in Standard over 30 days. Standard is related to or competes with Universal Technical, Compania Cervecerias, National Beverage, Ambev SA, and Ihuman. More
Standard 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 Standard'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 Standard Chartered Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.6664 | |||
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 4.77 | |||
| Value At Risk | (1.13) | |||
| Potential Upside | 1.03 |
Standard Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard's standard deviation. In reality, there are many statistical measures that can use Standard historical prices to predict the future Standard's volatility.| Risk Adjusted Performance | 0.0031 | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.18) |
Standard Chartered Plc Backtested Returns
Standard Chartered Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.2, which indicates the bond had a -0.2% return per unit of risk over the last 3 months. Standard Chartered Plc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard's Standard Deviation of 0.7011, risk adjusted performance of 0.0031, and Downside Deviation of 0.6664 to confirm the risk estimate we provide. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Standard are completely uncorrelated.
Auto-correlation | 0.33 |
Below average predictability
Standard Chartered Plc has below average predictability. Overlapping area represents the amount of predictability between Standard time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Standard Chartered Plc price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Standard price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 2.46 |
Standard Chartered Plc lagged returns against current returns
Autocorrelation, which is Standard 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 Standard's bond expected returns. We can calculate the autocorrelation of Standard returns to help us make a trade decision. For example, suppose you find that Standard 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 |
Standard 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 Standard bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard bond over time.
Current vs Lagged Prices |
| Timeline |
Standard Lagged Returns
When evaluating Standard's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard bond have on its future price. Standard 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, Standard autocorrelation shows the relationship between Standard bond current value and its past values and can show if there is a momentum factor associated with investing in Standard Chartered Plc.
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 Standard Bond
Standard financial ratios help investors to determine whether Standard 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 Standard with respect to the benefits of owning Standard security.