SECURE ELECTRONIC (Nigeria) Market Value
| NSLTECH Stock | 0.62 0.04 6.06% |
| Symbol | SECURE |
SECURE ELECTRONIC '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 SECURE ELECTRONIC'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 SECURE ELECTRONIC.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in SECURE ELECTRONIC on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding SECURE ELECTRONIC TECHNOLOGY or generate 0.0% return on investment in SECURE ELECTRONIC over 90 days.
SECURE ELECTRONIC 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 SECURE ELECTRONIC'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 SECURE ELECTRONIC TECHNOLOGY upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.78 | |||
| Information Ratio | 0.065 | |||
| Maximum Drawdown | 19.75 | |||
| Value At Risk | (8.11) | |||
| Potential Upside | 9.52 |
SECURE ELECTRONIC Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SECURE ELECTRONIC's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SECURE ELECTRONIC's standard deviation. In reality, there are many statistical measures that can use SECURE ELECTRONIC historical prices to predict the future SECURE ELECTRONIC's volatility.| Risk Adjusted Performance | 0.0523 | |||
| Jensen Alpha | 0.1985 | |||
| Total Risk Alpha | 0.8191 | |||
| Sortino Ratio | 0.0608 | |||
| Treynor Ratio | (0.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SECURE ELECTRONIC's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SECURE ELECTRONIC Backtested Returns
SECURE ELECTRONIC appears to be out of control, given 3 months investment horizon. SECURE ELECTRONIC retains Efficiency (Sharpe Ratio) of 0.0467, which indicates the firm had a 0.0467 % return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SECURE ELECTRONIC, which you can use to evaluate the volatility of the company. Please review SECURE ELECTRONIC's risk adjusted performance of 0.0523, and Downside Deviation of 5.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SECURE ELECTRONIC holds a performance score of 3. The entity owns a Beta (Systematic Risk) of -0.68, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SECURE ELECTRONIC are expected to decrease at a much lower rate. During the bear market, SECURE ELECTRONIC is likely to outperform the market. Please check SECURE ELECTRONIC's jensen alpha and the relationship between the value at risk and day median price , to make a quick decision on whether SECURE ELECTRONIC's current price history will revert.
Auto-correlation | -0.43 |
Modest reverse predictability
SECURE ELECTRONIC TECHNOLOGY has modest reverse predictability. Overlapping area represents the amount of predictability between SECURE ELECTRONIC 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 SECURE ELECTRONIC price movement. The serial correlation of -0.43 indicates that just about 43.0% of current SECURE ELECTRONIC price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.43 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SECURE ELECTRONIC lagged returns against current returns
Autocorrelation, which is SECURE ELECTRONIC 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 SECURE ELECTRONIC's stock expected returns. We can calculate the autocorrelation of SECURE ELECTRONIC returns to help us make a trade decision. For example, suppose you find that SECURE ELECTRONIC 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 |
SECURE ELECTRONIC 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 SECURE ELECTRONIC stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SECURE ELECTRONIC stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SECURE ELECTRONIC stock over time.
Current vs Lagged Prices |
| Timeline |
SECURE ELECTRONIC Lagged Returns
When evaluating SECURE ELECTRONIC's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SECURE ELECTRONIC stock have on its future price. SECURE ELECTRONIC 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, SECURE ELECTRONIC autocorrelation shows the relationship between SECURE ELECTRONIC stock current value and its past values and can show if there is a momentum factor associated with investing in SECURE ELECTRONIC TECHNOLOGY.
Regressed Prices |
| Timeline |