Singapore Reinsurance (Germany) Market Value
| S49 Stock | 29.00 0.40 1.40% |
| Symbol | Singapore |
Singapore Reinsurance '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 Singapore Reinsurance'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 Singapore Reinsurance.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Singapore Reinsurance on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Singapore Reinsurance or generate 0.0% return on investment in Singapore Reinsurance over 90 days. Singapore Reinsurance is related to or competes with Apple, Apple, Apple, Apple, Microsoft, Microsoft, and Microsoft. More
Singapore Reinsurance 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 Singapore Reinsurance'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 Singapore Reinsurance upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 22.53 | |||
| Value At Risk | (3.31) | |||
| Potential Upside | 3.26 |
Singapore Reinsurance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singapore Reinsurance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singapore Reinsurance's standard deviation. In reality, there are many statistical measures that can use Singapore Reinsurance historical prices to predict the future Singapore Reinsurance's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | 0.1173 | |||
| Treynor Ratio | (0.50) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Singapore Reinsurance'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.
Singapore Reinsurance Backtested Returns
Singapore Reinsurance owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0864, which indicates the firm had a -0.0864 % return per unit of risk over the last 3 months. Singapore Reinsurance exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Singapore Reinsurance's Variance of 7.63, risk adjusted performance of (0.06), and Coefficient Of Variation of (1,263) to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Singapore Reinsurance's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singapore Reinsurance is expected to be smaller as well. At this point, Singapore Reinsurance has a negative expected return of -0.25%. Please make sure to validate Singapore Reinsurance's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Singapore Reinsurance performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Singapore Reinsurance has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Singapore Reinsurance time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 Singapore Reinsurance price movement. The serial correlation of -0.78 indicates that around 78.0% of current Singapore Reinsurance price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.78 | |
| Residual Average | 0.0 | |
| Price Variance | 11.83 |
Singapore Reinsurance lagged returns against current returns
Autocorrelation, which is Singapore Reinsurance 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 Singapore Reinsurance's stock expected returns. We can calculate the autocorrelation of Singapore Reinsurance returns to help us make a trade decision. For example, suppose you find that Singapore Reinsurance 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 |
Singapore Reinsurance 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 Singapore Reinsurance stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singapore Reinsurance stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singapore Reinsurance stock over time.
Current vs Lagged Prices |
| Timeline |
Singapore Reinsurance Lagged Returns
When evaluating Singapore Reinsurance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singapore Reinsurance stock have on its future price. Singapore Reinsurance 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, Singapore Reinsurance autocorrelation shows the relationship between Singapore Reinsurance stock current value and its past values and can show if there is a momentum factor associated with investing in Singapore Reinsurance.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Singapore Stock Analysis
When running Singapore Reinsurance's price analysis, check to measure Singapore Reinsurance's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Singapore Reinsurance is operating at the current time. Most of Singapore Reinsurance's value examination focuses on studying past and present price action to predict the probability of Singapore Reinsurance's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singapore Reinsurance's price. Additionally, you may evaluate how the addition of Singapore Reinsurance to your portfolios can decrease your overall portfolio volatility.