Ssif Broker (Romania) Market Value
| BRK Stock | 0.08 0.0002 0.25% |
| Symbol | Ssif |
Please note, there is a significant difference between Ssif Broker's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ssif Broker is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ssif Broker'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.
Ssif Broker '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 Ssif Broker'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 Ssif Broker.
| 11/27/2024 |
| 12/27/2024 |
If you would invest 0.00 in Ssif Broker on November 27, 2024 and sell it all today you would earn a total of 0.00 from holding Ssif Broker Cl or generate 0.0% return on investment in Ssif Broker over 30 days. More
Ssif Broker 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 Ssif Broker'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 Ssif Broker Cl upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 24.95 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 4.74 |
Ssif Broker Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Ssif Broker's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Ssif Broker's standard deviation. In reality, there are many statistical measures that can use Ssif Broker historical prices to predict the future Ssif Broker's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.49) | |||
| Total Risk Alpha | (0.74) | |||
| Treynor Ratio | 0.8379 |
Ssif Broker Cl Backtested Returns
Ssif Broker Cl owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Ssif Broker Cl exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Ssif Broker's Coefficient Of Variation of (789.37), risk adjusted performance of (0.09), and Variance of 16.12 to confirm the risk estimate we provide. The entity has a beta of -0.62, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Ssif Broker are expected to decrease at a much lower rate. During the bear market, Ssif Broker is likely to outperform the market. At this point, Ssif Broker Cl has a negative expected return of -0.54%. Please make sure to validate Ssif Broker's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if Ssif Broker Cl performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.58 |
Modest predictability
Ssif Broker Cl has modest predictability. Overlapping area represents the amount of predictability between Ssif Broker time series from 27th of November 2024 to 12th of December 2024 and 12th of December 2024 to 27th 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 Ssif Broker Cl price movement. The serial correlation of 0.58 indicates that roughly 58.0% of current Ssif Broker price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.58 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Ssif Broker Cl lagged returns against current returns
Autocorrelation, which is Ssif Broker 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 Ssif Broker's stock expected returns. We can calculate the autocorrelation of Ssif Broker returns to help us make a trade decision. For example, suppose you find that Ssif Broker 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 |
Ssif Broker 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 Ssif Broker stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Ssif Broker stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Ssif Broker stock over time.
Current vs Lagged Prices |
| Timeline |
Ssif Broker Lagged Returns
When evaluating Ssif Broker's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Ssif Broker stock have on its future price. Ssif Broker 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, Ssif Broker autocorrelation shows the relationship between Ssif Broker stock current value and its past values and can show if there is a momentum factor associated with investing in Ssif Broker Cl.
Regressed Prices |
| Timeline |
Pair Trading with Ssif Broker
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ssif Broker position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ssif Broker will appreciate offsetting losses from the drop in the long position's value.Moving together with Ssif Stock
The ability to find closely correlated positions to Ssif Broker could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ssif Broker when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ssif Broker - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ssif Broker Cl to buy it.
The correlation of Ssif Broker is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ssif Broker moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ssif Broker Cl moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ssif Broker can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Ssif Stock
Ssif Broker financial ratios help investors to determine whether Ssif 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 Ssif with respect to the benefits of owning Ssif Broker security.