Security Investment (Pakistan) Market Value
| SIBL Stock | 5.19 0.31 6.35% |
| Symbol | Security |
Security Investment '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 Security Investment'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 Security Investment.
| 09/12/2024 |
| 12/11/2024 |
If you would invest 0.00 in Security Investment on September 12, 2024 and sell it all today you would earn a total of 0.00 from holding Security Investment Bank or generate 0.0% return on investment in Security Investment over 90 days. Security Investment is related to or competes with Lotte Chemical, Sitara Chemical, National Bank, TPL Insurance, Bank of Punjab, and Synthetic Products. More
Security Investment 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 Security Investment'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 Security Investment Bank upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.54 | |||
| Information Ratio | 0.0125 | |||
| Maximum Drawdown | 19.49 | |||
| Value At Risk | (5.95) | |||
| Potential Upside | 5.69 |
Security Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Security Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Security Investment's standard deviation. In reality, there are many statistical measures that can use Security Investment historical prices to predict the future Security Investment's volatility.| Risk Adjusted Performance | 0.0405 | |||
| Jensen Alpha | 0.1273 | |||
| Total Risk Alpha | (0.45) | |||
| Sortino Ratio | 0.0105 | |||
| Treynor Ratio | 0.5313 |
Security Investment Bank Backtested Returns
At this point, Security Investment is relatively risky. Security Investment Bank owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.036, which indicates the firm had a 0.036% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Security Investment Bank, which you can use to evaluate the volatility of the company. Please validate Security Investment's Risk Adjusted Performance of 0.0405, coefficient of variation of 2229.04, and Semi Deviation of 3.34 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Security Investment has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Security Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Security Investment is expected to be smaller as well. Security Investment Bank right now has a risk of 3.91%. Please validate Security Investment downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Security Investment will be following its existing price patterns.
Auto-correlation | 0.49 |
Average predictability
Security Investment Bank has average predictability. Overlapping area represents the amount of predictability between Security Investment time series from 12th of September 2024 to 27th of October 2024 and 27th of October 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 Security Investment Bank price movement. The serial correlation of 0.49 indicates that about 49.0% of current Security Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.49 | |
| Spearman Rank Test | -0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.04 |
Security Investment Bank lagged returns against current returns
Autocorrelation, which is Security Investment 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 Security Investment's stock expected returns. We can calculate the autocorrelation of Security Investment returns to help us make a trade decision. For example, suppose you find that Security Investment 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 |
Security Investment 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 Security Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Security Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Security Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Security Investment Lagged Returns
When evaluating Security Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Security Investment stock have on its future price. Security Investment 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, Security Investment autocorrelation shows the relationship between Security Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Security Investment Bank.
Regressed Prices |
| Timeline |
Pair Trading with Security Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Security Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Security Investment will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Security Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Security Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Security Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Security Investment Bank to buy it.
The correlation of Security Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Security Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Security Investment Bank moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Security Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Security Stock
Security Investment financial ratios help investors to determine whether Security 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 Security with respect to the benefits of owning Security Investment security.