SINGAPORE EXUNSPADR/15 (Germany) Market Value
| SOUU Stock | EUR 17.80 0.20 1.14% |
| Symbol | SINGAPORE |
SINGAPORE EXUNSPADR/15 '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 SINGAPORE EXUNSPADR/15'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 SINGAPORE EXUNSPADR/15.
| 01/31/2025 |
| 03/02/2025 |
If you would invest 0.00 in SINGAPORE EXUNSPADR/15 on January 31, 2025 and sell it all today you would earn a total of 0.00 from holding SINGAPORE EXUNSPADR15 or generate 0.0% return on investment in SINGAPORE EXUNSPADR/15 over 30 days. SINGAPORE EXUNSPADR/15 is related to or competes with LONDON STEXUNSPADRS12, Deutsche Brse, Nasdaq, Cboe Global, and JAPAN EX. Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchang... More
SINGAPORE EXUNSPADR/15 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 SINGAPORE EXUNSPADR/15'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 SINGAPORE EXUNSPADR15 upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.89 | |||
| Information Ratio | 0.0554 | |||
| Maximum Drawdown | 14.49 | |||
| Value At Risk | (1.79) | |||
| Potential Upside | 3.09 |
SINGAPORE EXUNSPADR/15 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SINGAPORE EXUNSPADR/15's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SINGAPORE EXUNSPADR/15's standard deviation. In reality, there are many statistical measures that can use SINGAPORE EXUNSPADR/15 historical prices to predict the future SINGAPORE EXUNSPADR/15's volatility.| Risk Adjusted Performance | 0.0416 | |||
| Jensen Alpha | 0.0795 | |||
| Total Risk Alpha | 0.136 | |||
| Sortino Ratio | 0.0538 | |||
| Treynor Ratio | 2.13 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SINGAPORE EXUNSPADR/15's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SINGAPORE EXUNSPADR/15 Backtested Returns
At this point, SINGAPORE EXUNSPADR/15 is very steady. SINGAPORE EXUNSPADR/15 owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0667, which indicates the firm had a 0.0667 % return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SINGAPORE EXUNSPADR15, which you can use to evaluate the volatility of the company. Please validate SINGAPORE EXUNSPADR/15's coefficient of variation of 2068.41, and Risk Adjusted Performance of 0.0416 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. SINGAPORE EXUNSPADR/15 has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.037, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SINGAPORE EXUNSPADR/15's returns are expected to increase less than the market. However, during the bear market, the loss of holding SINGAPORE EXUNSPADR/15 is expected to be smaller as well. SINGAPORE EXUNSPADR/15 currently has a risk of 1.87%. Please validate SINGAPORE EXUNSPADR/15 sortino ratio, potential upside, skewness, as well as the relationship between the maximum drawdown and semi variance , to decide if SINGAPORE EXUNSPADR/15 will be following its existing price patterns.
Auto-correlation | 0.76 |
Good predictability
SINGAPORE EXUNSPADR15 has good predictability. Overlapping area represents the amount of predictability between SINGAPORE EXUNSPADR/15 time series from 31st of January 2025 to 15th of February 2025 and 15th of February 2025 to 2nd 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 SINGAPORE EXUNSPADR/15 price movement. The serial correlation of 0.76 indicates that around 76.0% of current SINGAPORE EXUNSPADR/15 price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
SINGAPORE EXUNSPADR/15 lagged returns against current returns
Autocorrelation, which is SINGAPORE EXUNSPADR/15 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 SINGAPORE EXUNSPADR/15's stock expected returns. We can calculate the autocorrelation of SINGAPORE EXUNSPADR/15 returns to help us make a trade decision. For example, suppose you find that SINGAPORE EXUNSPADR/15 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 |
SINGAPORE EXUNSPADR/15 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 SINGAPORE EXUNSPADR/15 stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SINGAPORE EXUNSPADR/15 stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SINGAPORE EXUNSPADR/15 stock over time.
Current vs Lagged Prices |
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SINGAPORE EXUNSPADR/15 Lagged Returns
When evaluating SINGAPORE EXUNSPADR/15's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SINGAPORE EXUNSPADR/15 stock have on its future price. SINGAPORE EXUNSPADR/15 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, SINGAPORE EXUNSPADR/15 autocorrelation shows the relationship between SINGAPORE EXUNSPADR/15 stock current value and its past values and can show if there is a momentum factor associated with investing in SINGAPORE EXUNSPADR15.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SINGAPORE Stock
SINGAPORE EXUNSPADR/15 financial ratios help investors to determine whether SINGAPORE Stock 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 SINGAPORE with respect to the benefits of owning SINGAPORE EXUNSPADR/15 security.