Scotiabank Peru (Peru) Market Value
| SCOTIAC1 | 11.50 0.50 4.55% |
| Symbol | Scotiabank |
Please note, there is a significant difference between Scotiabank Peru's value and its price as these two are different measures arrived at by different means. Investors typically determine if Scotiabank Peru is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Scotiabank Peru'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.
Scotiabank Peru '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 Scotiabank Peru'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 Scotiabank Peru.
| 12/09/2024 |
| 01/08/2025 |
If you would invest 0.00 in Scotiabank Peru on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding Scotiabank Peru SAA or generate 0.0% return on investment in Scotiabank Peru over 30 days. More
Scotiabank Peru 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 Scotiabank Peru'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 Scotiabank Peru SAA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 14.07 | |||
| Value At Risk | (4.55) | |||
| Potential Upside | 4.55 |
Scotiabank Peru Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scotiabank Peru's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scotiabank Peru's standard deviation. In reality, there are many statistical measures that can use Scotiabank Peru historical prices to predict the future Scotiabank Peru's volatility.| Risk Adjusted Performance | (0.0005) | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | 0.3326 |
Scotiabank Peru SAA Backtested Returns
Scotiabank Peru is not too volatile given 3 months investment horizon. Scotiabank Peru SAA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.51, which indicates the firm had a 0.51% return per unit of risk over the last 3 months. We were able to analyze twenty-one different technical indicators, which can help you to evaluate if expected returns of 1.52% are justified by taking the suggested risk. Use Scotiabank Peru SAA Variance of 6.86, coefficient of variation of (10,873), and Risk Adjusted Performance of (0.0005) to evaluate company specific risk that cannot be diversified away. Scotiabank Peru holds a performance score of 39 on a scale of zero to a hundred. The entity has a beta of -0.1, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Scotiabank Peru are expected to decrease at a much lower rate. During the bear market, Scotiabank Peru is likely to outperform the market. Use Scotiabank Peru SAA jensen alpha, kurtosis, as well as the relationship between the Kurtosis and price action indicator , to analyze future returns on Scotiabank Peru SAA.
Auto-correlation | 0.00 |
No correlation between past and present
Scotiabank Peru SAA has no correlation between past and present. Overlapping area represents the amount of predictability between Scotiabank Peru time series from 9th of December 2024 to 24th of December 2024 and 24th of December 2024 to 8th 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 Scotiabank Peru SAA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Scotiabank Peru price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Scotiabank Peru SAA lagged returns against current returns
Autocorrelation, which is Scotiabank Peru 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 Scotiabank Peru's stock expected returns. We can calculate the autocorrelation of Scotiabank Peru returns to help us make a trade decision. For example, suppose you find that Scotiabank Peru 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 |
Scotiabank Peru 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 Scotiabank Peru stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scotiabank Peru stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scotiabank Peru stock over time.
Current vs Lagged Prices |
| Timeline |
Scotiabank Peru Lagged Returns
When evaluating Scotiabank Peru's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scotiabank Peru stock have on its future price. Scotiabank Peru 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, Scotiabank Peru autocorrelation shows the relationship between Scotiabank Peru stock current value and its past values and can show if there is a momentum factor associated with investing in Scotiabank Peru SAA.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Scotiabank Stock
Scotiabank Peru financial ratios help investors to determine whether Scotiabank 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 Scotiabank with respect to the benefits of owning Scotiabank Peru security.