Sea's market value is the price at which a share of Sea trades on a public exchange. It measures the collective expectations of Sea Limited investors about its performance. Sea is trading at 27.51 as of the 11th of December 2024, a 0.77 percent increase since the beginning of the trading day. The stock's open price was 27.3. With this module, you can estimate the performance of a buy and hold strategy of Sea Limited and determine expected loss or profit from investing in Sea over a given investment horizon. Check out Sea Correlation, Sea Volatility and Sea Alpha and Beta module to complement your research on Sea. For information on how to trade Sea Stock refer to our How to Trade Sea Stock guide.
Please note, there is a significant difference between Sea's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sea is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sea'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.
Sea '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 Sea'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 Sea.
0.00
11/11/2024
No Change 0.00
0.0
In 31 days
12/11/2024
0.00
If you would invest 0.00 in Sea on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Sea Limited or generate 0.0% return on investment in Sea over 30 days. Sea is related to or competes with Alibaba Group, Amazon, Pinduoduo, JD, EBay, and Etsy. More
Sea 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 Sea'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 Sea Limited 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 Sea's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sea's standard deviation. In reality, there are many statistical measures that can use Sea historical prices to predict the future Sea's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sea. Your research has to be compared to or analyzed against Sea's peers to derive any actionable benefits. When done correctly, Sea's 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 Sea Limited.
Sea Limited Backtested Returns
Sea appears to be very steady, given 3 months investment horizon. Sea Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.29, which indicates the firm had a 0.29% return per unit of risk over the last 3 months. By inspecting Sea's technical indicators, you can evaluate if the expected return of 0.71% is justified by implied risk. Please review Sea's Semi Deviation of 1.21, coefficient of variation of 330.41, and Risk Adjusted Performance of 0.2256 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sea holds a performance score of 23. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sea are expected to decrease at a much lower rate. During the bear market, Sea is likely to outperform the market. Please check Sea's semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to make a quick decision on whether Sea's existing price patterns will revert.
Auto-correlation
0.88
Very good predictability
Sea Limited has very good predictability. Overlapping area represents the amount of predictability between Sea time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Sea Limited price movement. The serial correlation of 0.88 indicates that approximately 88.0% of current Sea price fluctuation can be explain by its past prices.
Correlation Coefficient
0.88
Spearman Rank Test
0.87
Residual Average
0.0
Price Variance
0.31
Sea Limited lagged returns against current returns
Autocorrelation, which is Sea 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 Sea's stock expected returns. We can calculate the autocorrelation of Sea returns to help us make a trade decision. For example, suppose you find that Sea 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
Sea 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 Sea stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sea stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sea stock over time.
Current vs Lagged Prices
Timeline
Sea Lagged Returns
When evaluating Sea's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sea stock have on its future price. Sea 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, Sea autocorrelation shows the relationship between Sea stock current value and its past values and can show if there is a momentum factor associated with investing in Sea Limited.
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.
Sea financial ratios help investors to determine whether Sea 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 Sea with respect to the benefits of owning Sea security.