SEEK's market value is the price at which a share of SEEK trades on a public exchange. It measures the collective expectations of SEEK Limited investors about its performance. SEEK is trading at 13.30 as of the 6th of January 2025. This is a 0.75 percent decrease since the beginning of the trading day. The stock's lowest day price was 13.3. With this module, you can estimate the performance of a buy and hold strategy of SEEK Limited and determine expected loss or profit from investing in SEEK over a given investment horizon. Check out SEEK Correlation, SEEK Volatility and SEEK Alpha and Beta module to complement your research on SEEK.
Please note, there is a significant difference between SEEK's value and its price as these two are different measures arrived at by different means. Investors typically determine if SEEK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SEEK'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.
SEEK '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 SEEK'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 SEEK.
0.00
01/17/2023
No Change 0.00
0.0
In 1 year 11 months and 22 days
01/06/2025
0.00
If you would invest 0.00 in SEEK on January 17, 2023 and sell it all today you would earn a total of 0.00 from holding SEEK Limited or generate 0.0% return on investment in SEEK over 720 days. SEEK is related to or competes with Charter Communications, REINET INVESTMENTS, Ecotel Communication, ECHO INVESTMENT, SEI INVESTMENTS, and PennantPark Investment. SEEK Limited, together with its subsidiaries, provides online employment marketplace services in Australia and internati... More
SEEK 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 SEEK'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 SEEK Limited upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEEK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEEK's standard deviation. In reality, there are many statistical measures that can use SEEK historical prices to predict the future SEEK's volatility.
SEEK Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of volatility over the last 3 months. SEEK Limited exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SEEK's variance of 2.75, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SEEK's returns are expected to increase less than the market. However, during the bear market, the loss of holding SEEK is expected to be smaller as well. At this point, SEEK Limited has a negative expected return of -0.2%. Please make sure to validate SEEK's jensen alpha, treynor ratio, and the relationship between the information ratio and total risk alpha , to decide if SEEK Limited performance from the past will be repeated in the future.
Auto-correlation
0.04
Virtually no predictability
SEEK Limited has virtually no predictability. Overlapping area represents the amount of predictability between SEEK time series from 17th of January 2023 to 12th of January 2024 and 12th of January 2024 to 6th 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 SEEK Limited price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current SEEK price fluctuation can be explain by its past prices.
Correlation Coefficient
0.04
Spearman Rank Test
0.18
Residual Average
0.0
Price Variance
1.15
SEEK Limited lagged returns against current returns
Autocorrelation, which is SEEK 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 SEEK's stock expected returns. We can calculate the autocorrelation of SEEK returns to help us make a trade decision. For example, suppose you find that SEEK 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
SEEK 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 SEEK stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEEK stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEEK stock over time.
Current vs Lagged Prices
Timeline
SEEK Lagged Returns
When evaluating SEEK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEEK stock have on its future price. SEEK 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, SEEK autocorrelation shows the relationship between SEEK stock current value and its past values and can show if there is a momentum factor associated with investing in SEEK Limited.
SEEK financial ratios help investors to determine whether SEEK 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 SEEK with respect to the benefits of owning SEEK security.