S A P (South Africa) Market Value
| SAP Stock | 4,870 67.00 1.39% |
| 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.
| 11/23/2024 |
| 12/23/2024 |
If you would invest 0.00 in S A P on November 23, 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 30 days. S A P is related to or competes with Capitec Bank, Pepkor Holdings, Afine Investments, RMB Holdings, AH Vest, and Alexander Forbes. 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.
| Downside Deviation | 2.04 | |||
| Information Ratio | 0.0122 | |||
| Maximum Drawdown | 12.83 | |||
| Value At Risk | (2.48) | |||
| Potential Upside | 2.88 |
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 | 0.0278 | |||
| Jensen Alpha | 0.0351 | |||
| Total Risk Alpha | (0.01) | |||
| Sortino Ratio | 0.0128 | |||
| Treynor Ratio | 0.0811 |
Sappi Backtested Returns
At this point, S A P is very steady. Sappi owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0221, which indicates the firm had a 0.0221% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sappi, which you can use to evaluate the volatility of the company. Please validate S A P's Risk Adjusted Performance of 0.0278, semi deviation of 1.93, and Coefficient Of Variation of 3677.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.0454%. S A P has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.6, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, S A P's returns are expected to increase less than the market. However, during the bear market, the loss of holding S A P is expected to be smaller as well. Sappi right now has a risk of 2.05%. Please validate S A P potential upside, skewness, and the relationship between the maximum drawdown and semi variance , to decide if S A P will be following its existing price patterns.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Sappi has almost perfect reverse predictability. Overlapping area represents the amount of predictability between S A P time series from 23rd of November 2024 to 8th of December 2024 and 8th of December 2024 to 23rd 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 Sappi price movement. The serial correlation of -0.78 indicates that around 78.0% of current S A P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 14.4 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.