SUPER GROUP's market value is the price at which a share of SUPER GROUP trades on a public exchange. It measures the collective expectations of SUPER GROUP LTD investors about its performance. SUPER GROUP is trading at 1.49 as of the 12th of January 2025. This is a 0.67% down since the beginning of the trading day. The stock's lowest day price was 1.49. With this module, you can estimate the performance of a buy and hold strategy of SUPER GROUP LTD and determine expected loss or profit from investing in SUPER GROUP over a given investment horizon. Check out SUPER GROUP Correlation, SUPER GROUP Volatility and SUPER GROUP Alpha and Beta module to complement your research on SUPER GROUP.
Please note, there is a significant difference between SUPER GROUP's value and its price as these two are different measures arrived at by different means. Investors typically determine if SUPER GROUP is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SUPER GROUP'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.
SUPER GROUP '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 SUPER GROUP'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 SUPER GROUP.
0.00
01/23/2023
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/12/2025
0.00
If you would invest 0.00 in SUPER GROUP on January 23, 2023 and sell it all today you would earn a total of 0.00 from holding SUPER GROUP LTD or generate 0.0% return on investment in SUPER GROUP over 720 days. SUPER GROUP is related to or competes with Global Ship, Ubisoft Entertainment, SQUIRREL MEDIA, Dave Busters, FUYO GENERAL, ANTA SPORTS, and Flutter Entertainment. Super Group Limited engages in the supply chain management, dealership, and fleet management activities in South Africa,... More
SUPER GROUP 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 SUPER GROUP'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 SUPER GROUP LTD 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 SUPER GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SUPER GROUP's standard deviation. In reality, there are many statistical measures that can use SUPER GROUP historical prices to predict the future SUPER GROUP's volatility.
SUPER GROUP appears to be dangerous, given 3 months investment horizon. SUPER GROUP LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SUPER GROUP LTD, which you can use to evaluate the volatility of the company. Please review SUPER GROUP's coefficient of variation of 986.81, and Risk Adjusted Performance of 0.0911 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SUPER GROUP holds a performance score of 8. The entity has a beta of -0.0912, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SUPER GROUP are expected to decrease at a much lower rate. During the bear market, SUPER GROUP is likely to outperform the market. Please check SUPER GROUP's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether SUPER GROUP's existing price patterns will revert.
Auto-correlation
0.82
Very good predictability
SUPER GROUP LTD has very good predictability. Overlapping area represents the amount of predictability between SUPER GROUP time series from 23rd of January 2023 to 18th of January 2024 and 18th of January 2024 to 12th 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 SUPER GROUP LTD price movement. The serial correlation of 0.82 indicates that around 82.0% of current SUPER GROUP price fluctuation can be explain by its past prices.
Correlation Coefficient
0.82
Spearman Rank Test
0.52
Residual Average
0.0
Price Variance
0.09
SUPER GROUP LTD lagged returns against current returns
Autocorrelation, which is SUPER GROUP 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 SUPER GROUP's stock expected returns. We can calculate the autocorrelation of SUPER GROUP returns to help us make a trade decision. For example, suppose you find that SUPER GROUP 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
SUPER GROUP 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 SUPER GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SUPER GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SUPER GROUP stock over time.
Current vs Lagged Prices
Timeline
SUPER GROUP Lagged Returns
When evaluating SUPER GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SUPER GROUP stock have on its future price. SUPER GROUP 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, SUPER GROUP autocorrelation shows the relationship between SUPER GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SUPER GROUP LTD.
SUPER GROUP financial ratios help investors to determine whether SUPER 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 SUPER with respect to the benefits of owning SUPER GROUP security.