Secom Co Ltd Stock Market Value
| SOMLY Stock | USD 8.68 0.11 1.28% |
| Symbol | Secom |
Secom Co '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 Secom Co'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 Secom Co.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Secom Co on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Secom Co Ltd or generate 0.0% return on investment in Secom Co over 30 days. Secom Co is related to or competes with Mitsubishi Estate, Sekisui House, Daiwa House, MSAD Insurance, and Suntory Beverage. SECOM CO., LTD. provides security services in Japan and internationally More
Secom Co 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 Secom Co'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 Secom Co Ltd upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 8.05 | |||
| Value At Risk | (2.51) | |||
| Potential Upside | 2.13 |
Secom Co Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Secom Co's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Secom Co's standard deviation. In reality, there are many statistical measures that can use Secom Co historical prices to predict the future Secom Co's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | 4.19 |
Secom Co Backtested Returns
Secom Co owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0952, which indicates the firm had a -0.0952% return per unit of risk over the last 3 months. Secom Co Ltd exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Secom Co's Coefficient Of Variation of (2,037), variance of 1.89, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.0185, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Secom Co are expected to decrease at a much lower rate. During the bear market, Secom Co is likely to outperform the market. At this point, Secom Co has a negative expected return of -0.13%. Please make sure to validate Secom Co's coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and day median price , to decide if Secom Co performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.91 |
Near perfect reversele predictability
Secom Co Ltd has near perfect reversele predictability. Overlapping area represents the amount of predictability between Secom Co time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 Secom Co price movement. The serial correlation of -0.91 indicates that approximately 91.0% of current Secom Co price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.91 | |
| Spearman Rank Test | -0.87 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Secom Co lagged returns against current returns
Autocorrelation, which is Secom Co 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 Secom Co's pink sheet expected returns. We can calculate the autocorrelation of Secom Co returns to help us make a trade decision. For example, suppose you find that Secom Co 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 |
Secom Co 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 Secom Co pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Secom Co pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Secom Co pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Secom Co Lagged Returns
When evaluating Secom Co's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Secom Co pink sheet have on its future price. Secom Co 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, Secom Co autocorrelation shows the relationship between Secom Co pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Secom Co Ltd.
Regressed Prices |
| Timeline |
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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.Additional Tools for Secom Pink Sheet Analysis
When running Secom Co's price analysis, check to measure Secom Co'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 Secom Co is operating at the current time. Most of Secom Co's value examination focuses on studying past and present price action to predict the probability of Secom Co's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Secom Co's price. Additionally, you may evaluate how the addition of Secom Co to your portfolios can decrease your overall portfolio volatility.