SEEK (Germany) Market Value
| SLD Stock | EUR 13.30 0.10 0.75% |
| Symbol | SEEK |
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.
| 11/05/2024 |
| 01/04/2025 |
If you would invest 0.00 in SEEK on November 5, 2024 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 60 days. SEEK is related to or competes with SBI Insurance, Safety Insurance, INFORMATION SVC, Direct Line, Vienna Insurance, Singapore ReinsuranceLimit, and United Insurance. 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.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 10.16 | |||
| Value At Risk | (2.68) | |||
| Potential Upside | 2.07 |
SEEK Market Risk Indicators
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.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.20) | |||
| Total Risk Alpha | (0.22) | |||
| Treynor Ratio | 1.57 |
SEEK Limited Backtested Returns
SEEK Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of volatility over the last 3 months. SEEK Limited exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SEEK's variance of 2.57, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of -0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SEEK are expected to decrease at a much lower rate. During the bear market, SEEK is likely to outperform the market. At this point, SEEK Limited has a negative expected return of -0.22%. Please make sure to validate SEEK's standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if SEEK Limited performance from the past will be repeated in the future.
Auto-correlation | -0.88 |
Excellent reverse predictability
SEEK Limited has excellent reverse predictability. Overlapping area represents the amount of predictability between SEEK time series from 5th of November 2024 to 5th of December 2024 and 5th of December 2024 to 4th 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 -0.88 indicates that approximately 88.0% of current SEEK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.8 | |
| Residual Average | 0.0 | |
| Price Variance | 0.62 |
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.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SEEK Stock
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.