Securitas Ab Stock Market Value
| SCTBY Stock | USD 13.00 0.06 0.46% |
| Symbol | Securitas |
Securitas '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 Securitas' pink sheet 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 Securitas.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Securitas on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Securitas AB or generate 0.0% return on investment in Securitas over 30 days. Securitas is related to or competes with Copa Holdings, United Airlines, Delta Air, SkyWest, and Allegiant Travel. Securitas AB provides security services in North America, Europe, Latin America, Africa, the Middle East, Asia, and Aust... More
Securitas 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 Securitas' pink sheet 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 Securitas AB upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.46 | |||
| Information Ratio | 0.0894 | |||
| Maximum Drawdown | 13.44 | |||
| Value At Risk | (3.29) | |||
| Potential Upside | 5.8 |
Securitas Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Securitas' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Securitas' standard deviation. In reality, there are many statistical measures that can use Securitas historical prices to predict the future Securitas' volatility.| Risk Adjusted Performance | 0.1127 | |||
| Jensen Alpha | 0.2468 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0435 | |||
| Treynor Ratio | 0.5736 |
Securitas AB Backtested Returns
At this stage we consider Securitas Pink Sheet to be not too volatile. Securitas AB owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0877, which indicates the firm had a 0.0877% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Securitas AB, which you can use to evaluate the volatility of the company. Please validate Securitas' Semi Deviation of 1.26, risk adjusted performance of 0.1127, and Coefficient Of Variation of 681.39 to confirm if the risk estimate we provide is consistent with the expected return of 0.17%. Securitas has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.54, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Securitas' returns are expected to increase less than the market. However, during the bear market, the loss of holding Securitas is expected to be smaller as well. Securitas AB right now has a risk of 1.96%. Please validate Securitas sortino ratio, as well as the relationship between the semi variance and day median price , to decide if Securitas will be following its existing price patterns.
Auto-correlation | 0.31 |
Below average predictability
Securitas AB has below average predictability. Overlapping area represents the amount of predictability between Securitas time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th 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 Securitas AB price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current Securitas price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Securitas AB lagged returns against current returns
Autocorrelation, which is Securitas pink sheet'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 Securitas' pink sheet expected returns. We can calculate the autocorrelation of Securitas returns to help us make a trade decision. For example, suppose you find that Securitas has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Securitas 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 Securitas pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Securitas pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Securitas pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Securitas Lagged Returns
When evaluating Securitas' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Securitas pink sheet have on its future price. Securitas 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, Securitas autocorrelation shows the relationship between Securitas pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Securitas AB.
Regressed Prices |
| Timeline |
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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.Additional Tools for Securitas Pink Sheet Analysis
When running Securitas' price analysis, check to measure Securitas' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Securitas is operating at the current time. Most of Securitas' value examination focuses on studying past and present price action to predict the probability of Securitas' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Securitas' price. Additionally, you may evaluate how the addition of Securitas to your portfolios can decrease your overall portfolio volatility.