Singapore Exchange Limited Stock Market Value
| SPXCF Stock | USD 9.51 0.11 1.17% |
| Symbol | Singapore |
Singapore Exchange '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 Exchange'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 Singapore Exchange.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in Singapore Exchange on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding Singapore Exchange Limited or generate 0.0% return on investment in Singapore Exchange over 30 days. Singapore Exchange is related to or competes with London Stock, Morningstar, FactSet Research, Intercontinental, Nasdaq, and CME. Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchang... More
Singapore Exchange 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 Exchange'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 Singapore Exchange Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.25 | |||
| Information Ratio | 0.043 | |||
| Maximum Drawdown | 11.68 | |||
| Value At Risk | (4.43) | |||
| Potential Upside | 2.92 |
Singapore Exchange Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Singapore Exchange's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singapore Exchange's standard deviation. In reality, there are many statistical measures that can use Singapore Exchange historical prices to predict the future Singapore Exchange's volatility.| Risk Adjusted Performance | 0.0783 | |||
| Jensen Alpha | 0.1971 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0295 | |||
| Treynor Ratio | 10.42 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Singapore Exchange'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 Exchange Backtested Returns
Singapore Exchange appears to be not too volatile, given 3 months investment horizon. Singapore Exchange owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Singapore Exchange Limited, which you can use to evaluate the volatility of the company. Please review Singapore Exchange's Coefficient Of Variation of 1064.06, semi deviation of 1.91, and Risk Adjusted Performance of 0.0783 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Singapore Exchange holds a performance score of 8. The entity has a beta of 0.0191, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Singapore Exchange's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singapore Exchange is expected to be smaller as well. Please check Singapore Exchange's semi variance, and the relationship between the maximum drawdown and daily balance of power , to make a quick decision on whether Singapore Exchange's existing price patterns will revert.
Auto-correlation | -0.52 |
Good reverse predictability
Singapore Exchange Limited has good reverse predictability. Overlapping area represents the amount of predictability between Singapore Exchange 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 Singapore Exchange price movement. The serial correlation of -0.52 indicates that about 52.0% of current Singapore Exchange price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.11 |
Singapore Exchange lagged returns against current returns
Autocorrelation, which is Singapore Exchange 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 Singapore Exchange's pink sheet expected returns. We can calculate the autocorrelation of Singapore Exchange returns to help us make a trade decision. For example, suppose you find that Singapore Exchange 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 |
Singapore Exchange 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 Exchange pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singapore Exchange pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singapore Exchange pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Singapore Exchange Lagged Returns
When evaluating Singapore Exchange's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singapore Exchange pink sheet have on its future price. Singapore Exchange 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 Exchange autocorrelation shows the relationship between Singapore Exchange pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Singapore Exchange Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Singapore Pink Sheet
Singapore Exchange financial ratios help investors to determine whether Singapore Pink Sheet 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 Exchange security.