Swift Haulage's market value is the price at which a share of Swift Haulage trades on a public exchange. It measures the collective expectations of Swift Haulage Bhd investors about its performance. Swift Haulage is selling for 0.41 as of the 19th of March 2025. This is a 4.65 percent decrease since the beginning of the trading day. The stock's lowest day price was 0.4. With this module, you can estimate the performance of a buy and hold strategy of Swift Haulage Bhd and determine expected loss or profit from investing in Swift Haulage 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
Swift
Swift Haulage '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 Swift Haulage'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 Swift Haulage.
0.00
12/19/2024
No Change 0.00
0.0
In 2 months and 31 days
03/19/2025
0.00
If you would invest 0.00 in Swift Haulage on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Swift Haulage Bhd or generate 0.0% return on investment in Swift Haulage over 90 days.
Swift Haulage 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 Swift Haulage'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 Swift Haulage Bhd 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 Swift Haulage's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Swift Haulage's standard deviation. In reality, there are many statistical measures that can use Swift Haulage historical prices to predict the future Swift Haulage's volatility.
Swift Haulage Bhd owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0361, which indicates the firm had a -0.0361 % return per unit of risk over the last 3 months. Swift Haulage Bhd exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Swift Haulage's Risk Adjusted Performance of (0.06), variance of 3.02, and Coefficient Of Variation of (1,379) to confirm the risk estimate we provide. The entity has a beta of -0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Swift Haulage are expected to decrease at a much lower rate. During the bear market, Swift Haulage is likely to outperform the market. At this point, Swift Haulage Bhd has a negative expected return of -0.0649%. Please make sure to validate Swift Haulage's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to decide if Swift Haulage Bhd performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.19
Insignificant reverse predictability
Swift Haulage Bhd has insignificant reverse predictability. Overlapping area represents the amount of predictability between Swift Haulage time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 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 Swift Haulage Bhd price movement. The serial correlation of -0.19 indicates that over 19.0% of current Swift Haulage price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.19
Spearman Rank Test
-0.67
Residual Average
0.0
Price Variance
0.0
Swift Haulage Bhd lagged returns against current returns
Autocorrelation, which is Swift Haulage 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 Swift Haulage's stock expected returns. We can calculate the autocorrelation of Swift Haulage returns to help us make a trade decision. For example, suppose you find that Swift Haulage 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
Swift Haulage 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 Swift Haulage stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Swift Haulage stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Swift Haulage stock over time.
Current vs Lagged Prices
Timeline
Swift Haulage Lagged Returns
When evaluating Swift Haulage's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Swift Haulage stock have on its future price. Swift Haulage 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, Swift Haulage autocorrelation shows the relationship between Swift Haulage stock current value and its past values and can show if there is a momentum factor associated with investing in Swift Haulage Bhd.
Regressed Prices
Timeline
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