Samsonite International Sa Stock Market Value
| SMSOF Stock | USD 2.72 0.07 2.64% |
| Symbol | Samsonite |
Samsonite International '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 Samsonite International'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 Samsonite International.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Samsonite International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Samsonite International SA or generate 0.0% return on investment in Samsonite International over 90 days. Samsonite International is related to or competes with PUMA SE, Adidas AG, Skechers USA, and Forward Industries. Samsonite International S.A. engages in the design, manufacture, sourcing, and distribution of travel luggage bags in No... More
Samsonite International 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 Samsonite International'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 Samsonite International SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0447 | |||
| Maximum Drawdown | 21.01 | |||
| Value At Risk | (0.35) | |||
| Potential Upside | 2.64 |
Samsonite International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Samsonite International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Samsonite International's standard deviation. In reality, there are many statistical measures that can use Samsonite International historical prices to predict the future Samsonite International's volatility.| Risk Adjusted Performance | 0.0193 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | 0.436 | |||
| Treynor Ratio | (0.06) |
Samsonite International Backtested Returns
At this point, Samsonite International is unstable. Samsonite International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0139, which indicates the firm had a 0.0139 % return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Samsonite International SA, which you can use to evaluate the volatility of the company. Please validate Samsonite International's Coefficient Of Variation of 7218.86, variance of 10.28, and Risk Adjusted Performance of 0.0193 to confirm if the risk estimate we provide is consistent with the expected return of 0.0444%. Samsonite International has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.63, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Samsonite International are expected to decrease at a much lower rate. During the bear market, Samsonite International is likely to outperform the market. Samsonite International right now has a risk of 3.21%. Please validate Samsonite International information ratio, skewness, as well as the relationship between the Skewness and day typical price , to decide if Samsonite International will be following its existing price patterns.
Auto-correlation | -92,233,720,368,547,760 |
Near perfect reversele predictability
Samsonite International SA has near perfect reversele predictability. Overlapping area represents the amount of predictability between Samsonite International time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 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 Samsonite International price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Samsonite International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -92233.7 T | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Samsonite International lagged returns against current returns
Autocorrelation, which is Samsonite International 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 Samsonite International's pink sheet expected returns. We can calculate the autocorrelation of Samsonite International returns to help us make a trade decision. For example, suppose you find that Samsonite International 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 |
Samsonite International 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 Samsonite International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Samsonite International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Samsonite International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Samsonite International Lagged Returns
When evaluating Samsonite International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Samsonite International pink sheet have on its future price. Samsonite International 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, Samsonite International autocorrelation shows the relationship between Samsonite International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Samsonite International SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Samsonite Pink Sheet
Samsonite International financial ratios help investors to determine whether Samsonite 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 Samsonite with respect to the benefits of owning Samsonite International security.