SSF Home's market value is the price at which a share of SSF Home trades on a public exchange. It measures the collective expectations of SSF Home Group investors about its performance. SSF Home is selling for 0.34 as of the 3rd of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 0.33. With this module, you can estimate the performance of a buy and hold strategy of SSF Home Group and determine expected loss or profit from investing in SSF Home over a given investment horizon. Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
SSF
SSF Home '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 SSF Home's stock 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 SSF Home.
0.00
12/09/2023
No Change 0.00
0.0
In 11 months and 26 days
12/03/2024
0.00
If you would invest 0.00 in SSF Home on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding SSF Home Group or generate 0.0% return on investment in SSF Home over 360 days.
SSF Home 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 SSF Home's stock 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 SSF Home Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSF Home's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSF Home's standard deviation. In reality, there are many statistical measures that can use SSF Home historical prices to predict the future SSF Home's volatility.
SSF Home Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0589, which indicates the firm had a -0.0589% return per unit of volatility over the last 3 months. SSF Home Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SSF Home's variance of 1.96, and Risk Adjusted Performance of (0.04) to confirm the risk estimate we provide. The entity has a beta of -0.0867, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SSF Home are expected to decrease at a much lower rate. During the bear market, SSF Home is likely to outperform the market. At this point, SSF Home Group has a negative expected return of -0.0825%. Please make sure to validate SSF Home's coefficient of variation, variance, and the relationship between the mean deviation and standard deviation , to decide if SSF Home Group performance from the past will be repeated at future time.
Auto-correlation
0.24
Weak predictability
SSF Home Group has weak predictability. Overlapping area represents the amount of predictability between SSF Home time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 SSF Home Group price movement. The serial correlation of 0.24 indicates that over 24.0% of current SSF Home price fluctuation can be explain by its past prices.
Correlation Coefficient
0.24
Spearman Rank Test
0.08
Residual Average
0.0
Price Variance
0.0
SSF Home Group lagged returns against current returns
Autocorrelation, which is SSF Home stock'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 SSF Home's stock expected returns. We can calculate the autocorrelation of SSF Home returns to help us make a trade decision. For example, suppose you find that SSF Home has exhibited high autocorrelation historically, and you observe that the stock 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
SSF Home 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 SSF Home stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSF Home stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSF Home stock over time.
Current vs Lagged Prices
Timeline
SSF Home Lagged Returns
When evaluating SSF Home's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSF Home stock have on its future price. SSF Home 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, SSF Home autocorrelation shows the relationship between SSF Home stock current value and its past values and can show if there is a momentum factor associated with investing in SSF Home Group.
Regressed Prices
Timeline
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