San Miguel Stock Market Value
| SMGBF Stock | USD 1.51 0.11 6.79% |
| 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 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 San Miguel.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in San Miguel on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding San Miguel or generate 0.0% return on investment in San Miguel over 30 days. San Miguel is related to or competes with Ayala, Teijin, and Alliance Global. San Miguel Corporation engages in food and beverage, packaging, energy, fuel and oil, infrastructure, cement, and bankin... More
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 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 San Miguel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.34 | |||
| Information Ratio | 0.0223 | |||
| Maximum Drawdown | 74.36 | |||
| Value At Risk | (3.42) |
San Miguel Market Risk Indicators
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.| Risk Adjusted Performance | 0.0373 | |||
| Jensen Alpha | 0.2884 | |||
| Total Risk Alpha | (0.89) | |||
| Sortino Ratio | 0.0134 | |||
| Treynor Ratio | (3.79) |
San Miguel Backtested Returns
San Miguel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. San Miguel exposes twenty-seven different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate San Miguel's Coefficient Of Variation of 2556.65, semi deviation of 3.46, and Risk Adjusted Performance of 0.0373 to confirm the risk estimate we provide. The entity has a beta of -0.0738, 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. At this point, San Miguel has a negative expected return of -0.52%. Please make sure to validate San Miguel's treynor ratio, skewness, price action indicator, as well as the relationship between the downside variance and rate of daily change , to decide if San Miguel performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.33 |
Poor reverse predictability
San Miguel has poor reverse predictability. Overlapping area represents the amount of predictability between San Miguel 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 San Miguel price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current San Miguel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
San Miguel lagged returns against current returns
Autocorrelation, which is San Miguel 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 San Miguel's pink sheet 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 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 |
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 pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if San Miguel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in San Miguel pink sheet 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 pink sheet 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 pink sheet current value and its past values and can show if there is a momentum factor associated with investing in San Miguel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in San Pink Sheet
San Miguel financial ratios help investors to determine whether San Pink Sheet 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 San with respect to the benefits of owning San Miguel security.