SSC Technologies' market value is the price at which a share of SSC Technologies trades on a public exchange. It measures the collective expectations of SSC Technologies Holdings, investors about its performance. SSC Technologies is trading at 66.92 as of the 6th of January 2025, a No Change since the beginning of the trading day. The stock's open price was 66.92. With this module, you can estimate the performance of a buy and hold strategy of SSC Technologies Holdings, and determine expected loss or profit from investing in SSC Technologies over a given investment horizon. Check out SSC Technologies Correlation, SSC Technologies Volatility and SSC Technologies Alpha and Beta module to complement your research on SSC Technologies.
Please note, there is a significant difference between SSC Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SSC Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SSC Technologies' 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.
SSC Technologies '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 SSC Technologies' 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 SSC Technologies.
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12/07/2024
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In 30 days
01/06/2025
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If you would invest 0.00 in SSC Technologies on December 7, 2024 and sell it all today you would earn a total of 0.00 from holding SSC Technologies Holdings, or generate 0.0% return on investment in SSC Technologies over 30 days. SSC Technologies is related to or competes with Uber Technologies, Shopify, Snowflake, Datadog,, Autodesk, Atlassian Plc, and Zoom Video. SSC Technologies Holdings, Inc., together with its subsidiaries, provides software products and software-enabled service... More
SSC Technologies 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 SSC Technologies' 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 SSC Technologies Holdings, 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 SSC Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSC Technologies' standard deviation. In reality, there are many statistical measures that can use SSC Technologies historical prices to predict the future SSC Technologies' volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SSC Technologies. Your research has to be compared to or analyzed against SSC Technologies' peers to derive any actionable benefits. When done correctly, SSC Technologies' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SSC Technologies Hol.
SSC Technologies Hol Backtested Returns
SSC Technologies Hol retains Efficiency (Sharpe Ratio) of -0.0951, which indicates the firm had a -0.0951% return per unit of volatility over the last 3 months. SSC Technologies exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SSC Technologies' standard deviation of 0.8401, and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.15, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SSC Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding SSC Technologies is expected to be smaller as well. At this point, SSC Technologies Hol has a negative expected return of -0.0846%. Please make sure to validate SSC Technologies' standard deviation, information ratio, maximum drawdown, as well as the relationship between the variance and jensen alpha , to decide if SSC Technologies Hol performance from the past will be repeated at future time.
Auto-correlation
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No correlation between past and present
SSC Technologies Holdings, has no correlation between past and present. Overlapping area represents the amount of predictability between SSC Technologies time series from 7th of December 2024 to 22nd of December 2024 and 22nd of December 2024 to 6th 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 SSC Technologies Hol price movement. The serial correlation of 0.0 indicates that just 0.0% of current SSC Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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SSC Technologies Hol lagged returns against current returns
Autocorrelation, which is SSC Technologies 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 SSC Technologies' stock expected returns. We can calculate the autocorrelation of SSC Technologies returns to help us make a trade decision. For example, suppose you find that SSC Technologies 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
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SSC Technologies 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 SSC Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSC Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSC Technologies stock over time.
Current vs Lagged Prices
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SSC Technologies Lagged Returns
When evaluating SSC Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSC Technologies stock have on its future price. SSC Technologies 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, SSC Technologies autocorrelation shows the relationship between SSC Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SSC Technologies Holdings,.
Regressed Prices
Timeline
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
SSC Technologies financial ratios help investors to determine whether SSC 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 SSC with respect to the benefits of owning SSC Technologies security.