Simpple Ltd Ordinary Stock Market Value
| SPPL Stock | 1.02 0.07 6.42% |
| Symbol | SIMPPLE |
Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SIMPPLE. If investors know SIMPPLE will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SIMPPLE listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SIMPPLE LTD Ordinary is measured differently than its book value, which is the value of SIMPPLE that is recorded on the company's balance sheet. Investors also form their own opinion of SIMPPLE's value that differs from its market value or its book value, called intrinsic value, which is SIMPPLE's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SIMPPLE's market value can be influenced by many factors that don't directly affect SIMPPLE's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SIMPPLE's value and its price as these two are different measures arrived at by different means. Investors typically determine if SIMPPLE is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIMPPLE's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SIMPPLE '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 SIMPPLE'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 SIMPPLE.
| 12/09/2023 |
| 12/03/2024 |
If you would invest 0.00 in SIMPPLE on December 9, 2023 and sell it all today you would earn a total of 0.00 from holding SIMPPLE LTD Ordinary or generate 0.0% return on investment in SIMPPLE over 360 days. SIMPPLE is related to or competes with Zoom Video, Boston Beer, Westrock Coffee, Tencent Music, Compania Cervecerias, Vita Coco, and Willamette Valley. More
SIMPPLE 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 SIMPPLE'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 SIMPPLE LTD Ordinary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.62 | |||
| Information Ratio | 0.1205 | |||
| Maximum Drawdown | 304.04 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 20.51 |
SIMPPLE Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIMPPLE's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIMPPLE's standard deviation. In reality, there are many statistical measures that can use SIMPPLE historical prices to predict the future SIMPPLE's volatility.| Risk Adjusted Performance | 0.1045 | |||
| Jensen Alpha | 4.61 | |||
| Total Risk Alpha | (0.92) | |||
| Sortino Ratio | 0.4039 | |||
| Treynor Ratio | (2.49) |
SIMPPLE LTD Ordinary Backtested Returns
SIMPPLE is out of control given 3 months investment horizon. SIMPPLE LTD Ordinary owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of standard deviation over the last 3 months. We were able to interpolate data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 4.41% are justified by taking the suggested risk. Use SIMPPLE LTD Ordinary risk adjusted performance of 0.1045, and Coefficient Of Variation of 806.81 to evaluate company specific risk that cannot be diversified away. SIMPPLE holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of -1.77, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SIMPPLE are expected to decrease by larger amounts. On the other hand, during market turmoil, SIMPPLE is expected to outperform it. Use SIMPPLE LTD Ordinary rate of daily change, period momentum indicator, as well as the relationship between the expected short fall and maximum drawdown , to analyze future returns on SIMPPLE LTD Ordinary.
Auto-correlation | -0.22 |
Weak reverse predictability
SIMPPLE LTD Ordinary has weak reverse predictability. Overlapping area represents the amount of predictability between SIMPPLE time series from 9th of December 2023 to 6th of June 2024 and 6th of June 2024 to 3rd 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 SIMPPLE LTD Ordinary price movement. The serial correlation of -0.22 indicates that over 22.0% of current SIMPPLE price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.22 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.09 |
SIMPPLE LTD Ordinary lagged returns against current returns
Autocorrelation, which is SIMPPLE 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 SIMPPLE's stock expected returns. We can calculate the autocorrelation of SIMPPLE returns to help us make a trade decision. For example, suppose you find that SIMPPLE 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 |
SIMPPLE 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 SIMPPLE stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIMPPLE stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIMPPLE stock over time.
Current vs Lagged Prices |
| Timeline |
SIMPPLE Lagged Returns
When evaluating SIMPPLE's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIMPPLE stock have on its future price. SIMPPLE 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, SIMPPLE autocorrelation shows the relationship between SIMPPLE stock current value and its past values and can show if there is a momentum factor associated with investing in SIMPPLE LTD Ordinary.
Regressed Prices |
| Timeline |
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Try AI Portfolio ArchitectCheck out SIMPPLE Correlation, SIMPPLE Volatility and SIMPPLE Alpha and Beta module to complement your research on SIMPPLE. You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
SIMPPLE technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.