San Miguel's market value is the price at which a share of San Miguel trades on a public exchange. It measures the collective expectations of San Miguel Corp investors about its performance. San Miguel is selling at 72.50 as of the 8th of January 2025; that is 0.34% down since the beginning of the trading day. The stock's last reported lowest price was 72.5. With this module, you can estimate the performance of a buy and hold strategy of San Miguel Corp and determine expected loss or profit from investing in San Miguel over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product.
Symbol
San
San Miguel '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 San Miguel'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 San Miguel.
0.00
12/09/2024
No Change 0.00
0.0
In 31 days
01/08/2025
0.00
If you would invest 0.00 in San Miguel on December 9, 2024 and sell it all today you would earn a total of 0.00 from holding San Miguel Corp or generate 0.0% return on investment in San Miguel over 30 days.
San Miguel 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 San Miguel'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 San Miguel Corp 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 San Miguel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as San Miguel's standard deviation. In reality, there are many statistical measures that can use San Miguel historical prices to predict the future San Miguel's volatility.
Currently, San Miguel Corp is very steady. San Miguel Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0941, which indicates the firm had a 0.0941% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for San Miguel Corp, which you can use to evaluate the volatility of the company. Please validate San Miguel's Coefficient Of Variation of 2122.0, risk adjusted performance of 0.0402, and Semi Deviation of 0.9844 to confirm if the risk estimate we provide is consistent with the expected return of 0.0869%. San Miguel has a performance score of 7 on a scale of 0 to 100. The entity has a beta of -0.0239, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning San Miguel are expected to decrease at a much lower rate. During the bear market, San Miguel is likely to outperform the market. San Miguel Corp right now has a risk of 0.92%. Please validate San Miguel sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if San Miguel will be following its existing price patterns.
Auto-correlation
0.25
Poor predictability
San Miguel Corp has poor predictability. Overlapping area represents the amount of predictability between San Miguel 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 San Miguel Corp price movement. The serial correlation of 0.25 indicates that over 25.0% of current San Miguel price fluctuation can be explain by its past prices.
Correlation Coefficient
0.25
Spearman Rank Test
0.29
Residual Average
0.0
Price Variance
0.12
San Miguel Corp lagged returns against current returns
Autocorrelation, which is San Miguel 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 San Miguel's stock expected returns. We can calculate the autocorrelation of San Miguel returns to help us make a trade decision. For example, suppose you find that San Miguel 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
San Miguel 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 San Miguel stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if San Miguel stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in San Miguel stock over time.
Current vs Lagged Prices
Timeline
San Miguel Lagged Returns
When evaluating San Miguel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of San Miguel stock have on its future price. San Miguel 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, San Miguel autocorrelation shows the relationship between San Miguel stock current value and its past values and can show if there is a momentum factor associated with investing in San Miguel Corp.
Regressed Prices
Timeline
Also Currently Popular
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.
When running San Miguel's price analysis, check to measure San Miguel's 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 San Miguel is operating at the current time. Most of San Miguel's value examination focuses on studying past and present price action to predict the probability of San Miguel's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move San Miguel's price. Additionally, you may evaluate how the addition of San Miguel to your portfolios can decrease your overall portfolio volatility.