Soken Chemical (Germany) Market Value
| SOQ Stock | EUR 12.66 0.00 0.00% |
| Symbol | Soken |
Soken Chemical '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 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.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Soken Chemical on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Soken Chemical Engineering or generate 0.0% return on investment in Soken Chemical over 90 days. Soken Chemical is related to or competes with Ringmetall, Zijin Mining, ADRIATIC METALS, Singapore Telecommunicatio, and Ribbon Communications. Soken Chemical Engineering Co., Ltd. manufactures and sells acrylic pressure-sensitive adhesives, functional polymers, o... More
Soken Chemical 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 Soken Chemical'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 Soken Chemical Engineering upside and downside potential and time the market with a certain degree of confidence.
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.Soken Chemical Engin Backtested Returns
We have found three technical indicators for Soken Chemical Engineering, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Soken Chemical are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Soken Chemical Engineering has no correlation between past and present. Overlapping area represents the amount of predictability between Soken Chemical time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Soken Chemical Engin price movement. The serial correlation of 0.0 indicates that just 0.0% of current Soken Chemical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Soken Chemical Engin lagged returns against current returns
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.
Current and Lagged Values |
| Timeline |
Soken Chemical 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 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.
Current vs Lagged Prices |
| Timeline |
Soken Chemical Lagged Returns
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.
Regressed Prices |
| Timeline |
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Additional Tools for Soken Stock Analysis
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.