SAIC's market value is the price at which a share of SAIC trades on a public exchange. It measures the collective expectations of SAIC Motor Corp investors about its performance. SAIC is trading at 17.41 as of the 10th of January 2025, a 2.68 percent decrease since the beginning of the trading day. The stock's open price was 17.89. With this module, you can estimate the performance of a buy and hold strategy of SAIC Motor Corp and determine expected loss or profit from investing in SAIC over a given investment horizon. Check out SAIC Correlation, SAIC Volatility and SAIC Alpha and Beta module to complement your research on SAIC.
Please note, there is a significant difference between SAIC's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAIC is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAIC'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.
SAIC '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 SAIC'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 SAIC.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SAIC'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 SAIC Motor Corp 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 SAIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAIC's standard deviation. In reality, there are many statistical measures that can use SAIC historical prices to predict the future SAIC's volatility.
SAIC appears to be not too volatile, given 3 months investment horizon. SAIC Motor Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the company had a 0.12% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SAIC Motor Corp, which you can use to evaluate the volatility of the entity. Please review SAIC's Risk Adjusted Performance of 0.0992, market risk adjusted performance of 0.9892, and Downside Deviation of 3.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SAIC holds a performance score of 9. The firm has a beta of 0.45, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SAIC's returns are expected to increase less than the market. However, during the bear market, the loss of holding SAIC is expected to be smaller as well. Please check SAIC's mean deviation, downside deviation, standard deviation, as well as the relationship between the semi deviation and coefficient of variation , to make a quick decision on whether SAIC's existing price patterns will revert.
Auto-correlation
0.25
Poor predictability
SAIC Motor Corp has poor predictability. Overlapping area represents the amount of predictability between SAIC time series from 20th of June 2023 to 31st of March 2024 and 31st of March 2024 to 10th 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 SAIC Motor Corp price movement. The serial correlation of 0.25 indicates that over 25.0% of current SAIC price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
-0.01
Residual Average
0.0
Price Variance
4.19
SAIC Motor Corp lagged returns against current returns
Autocorrelation, which is SAIC 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 SAIC's stock expected returns. We can calculate the autocorrelation of SAIC returns to help us make a trade decision. For example, suppose you find that SAIC 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
SAIC 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 SAIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAIC stock over time.
Current vs Lagged Prices
Timeline
SAIC Lagged Returns
When evaluating SAIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAIC stock have on its future price. SAIC 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, SAIC autocorrelation shows the relationship between SAIC stock current value and its past values and can show if there is a momentum factor associated with investing in SAIC Motor Corp.
SAIC financial ratios help investors to determine whether SAIC Stock 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 SAIC with respect to the benefits of owning SAIC security.