S A P (South Africa) Market Value
| SAP Stock | 4,114 99.00 2.35% |
| Symbol | SAP |
S A P '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 S A P'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 S A P.
| 12/14/2024 |
| 03/14/2025 |
If you would invest 0.00 in S A P on December 14, 2024 and sell it all today you would earn a total of 0.00 from holding Sappi or generate 0.0% return on investment in S A P over 90 days. S A P is related to or competes with Deneb Investments, Harmony Gold, Astoria Investments, Zeder Investments, Reinet Investments, and Brimstone Investment. More
S A P 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 S A P'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 Sappi upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 8.25 | |||
| Value At Risk | (4.46) | |||
| Potential Upside | 3.13 |
S A P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for S A P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as S A P's standard deviation. In reality, there are many statistical measures that can use S A P historical prices to predict the future S A P's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 3.7 |
Sappi Backtested Returns
Sappi owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14 % return per unit of risk over the last 3 months. Sappi exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate S A P's Variance of 4.13, coefficient of variation of (626.84), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The entity has a beta of -0.0903, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning S A P are expected to decrease at a much lower rate. During the bear market, S A P is likely to outperform the market. At this point, Sappi has a negative expected return of -0.29%. Please make sure to validate S A P's accumulation distribution, day typical price, and the relationship between the skewness and rate of daily change , to decide if Sappi performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.60 |
Good predictability
Sappi has good predictability. Overlapping area represents the amount of predictability between S A P time series from 14th of December 2024 to 28th of January 2025 and 28th of January 2025 to 14th 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 Sappi price movement. The serial correlation of 0.6 indicates that roughly 60.0% of current S A P price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.6 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 45.4 K |
Sappi lagged returns against current returns
Autocorrelation, which is S A P 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 S A P's stock expected returns. We can calculate the autocorrelation of S A P returns to help us make a trade decision. For example, suppose you find that S A P 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 |
S A P 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 S A P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if S A P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in S A P stock over time.
Current vs Lagged Prices |
| Timeline |
S A P Lagged Returns
When evaluating S A P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of S A P stock have on its future price. S A P 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, S A P autocorrelation shows the relationship between S A P stock current value and its past values and can show if there is a momentum factor associated with investing in Sappi.
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.Other Information on Investing in SAP Stock
S A P financial ratios help investors to determine whether SAP 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 SAP with respect to the benefits of owning S A P security.