Soken Chemical (Germany) Market Value

Symbol

Soken

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 Soken Chemical'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 Soken Chemical.

Soken Chemical Upside/Downside Indicators

Soken Chemical Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Soken Chemical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soken Chemical's standard deviation. In reality, there are many statistical measures that can use Soken Chemical historical prices to predict the future Soken Chemical's volatility.

Autocorrelation, which is Soken Chemical 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 Soken Chemical's stock expected returns. We can calculate the autocorrelation of Soken Chemical returns to help us make a trade decision. For example, suppose you find that Soken Chemical 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.

Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Soken Chemical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soken Chemical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soken Chemical stock over time.

When evaluating Soken Chemical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soken Chemical stock have on its future price. Soken Chemical 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, Soken Chemical autocorrelation shows the relationship between Soken Chemical stock current value and its past values and can show if there is a momentum factor associated with investing in Soken Chemical Engineering.

When running Soken Chemical's price analysis, check to measure Soken Chemical'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 Soken Chemical is operating at the current time. Most of Soken Chemical's value examination focuses on studying past and present price action to predict the probability of Soken Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soken Chemical's price. Additionally, you may evaluate how the addition of Soken Chemical to your portfolios can decrease your overall portfolio volatility.