SAFEROADS HLDGS (Germany) Market Value
| S4Q Stock | EUR 0.13 0.00 0.00% |
| Symbol | SAFEROADS |
SAFEROADS HLDGS '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 SAFEROADS HLDGS'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 SAFEROADS HLDGS.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in SAFEROADS HLDGS on November 5, 2024 and sell it all today you would earn a total of 0.00 from holding SAFEROADS HLDGS or generate 0.0% return on investment in SAFEROADS HLDGS over 60 days. SAFEROADS HLDGS is related to or competes with CITY OFFICE, ASURE SOFTWARE, ScanSource, SCANSOURCE (SC3SG), AM EAGLE, Axway Software, and MAGIC SOFTWARE. More
SAFEROADS HLDGS 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 SAFEROADS HLDGS'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 SAFEROADS HLDGS upside and downside potential and time the market with a certain degree of confidence.
SAFEROADS HLDGS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAFEROADS HLDGS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAFEROADS HLDGS's standard deviation. In reality, there are many statistical measures that can use SAFEROADS HLDGS historical prices to predict the future SAFEROADS HLDGS's volatility.SAFEROADS HLDGS Backtested Returns
We have found three technical indicators for SAFEROADS HLDGS, which you can use to evaluate the volatility of the entity. The firm has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SAFEROADS HLDGS are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
SAFEROADS HLDGS has perfect predictability. Overlapping area represents the amount of predictability between SAFEROADS HLDGS time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 SAFEROADS HLDGS price movement. The serial correlation of 1.0 indicates that 100.0% of current SAFEROADS HLDGS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SAFEROADS HLDGS lagged returns against current returns
Autocorrelation, which is SAFEROADS HLDGS 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 SAFEROADS HLDGS's stock expected returns. We can calculate the autocorrelation of SAFEROADS HLDGS returns to help us make a trade decision. For example, suppose you find that SAFEROADS HLDGS 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 |
SAFEROADS HLDGS 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 SAFEROADS HLDGS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAFEROADS HLDGS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAFEROADS HLDGS stock over time.
Current vs Lagged Prices |
| Timeline |
SAFEROADS HLDGS Lagged Returns
When evaluating SAFEROADS HLDGS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAFEROADS HLDGS stock have on its future price. SAFEROADS HLDGS 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, SAFEROADS HLDGS autocorrelation shows the relationship between SAFEROADS HLDGS stock current value and its past values and can show if there is a momentum factor associated with investing in SAFEROADS HLDGS.
Regressed Prices |
| Timeline |
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Other Information on Investing in SAFEROADS Stock
SAFEROADS HLDGS financial ratios help investors to determine whether SAFEROADS 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 SAFEROADS with respect to the benefits of owning SAFEROADS HLDGS security.