Smithson Investment (UK) Market Value
| SSON Stock | 1,468 14.00 0.96% |
| Symbol | Smithson |
Smithson Investment '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 Smithson Investment'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 Smithson Investment.
| 12/18/2024 |
| 03/18/2025 |
If you would invest 0.00 in Smithson Investment on December 18, 2024 and sell it all today you would earn a total of 0.00 from holding Smithson Investment Trust or generate 0.0% return on investment in Smithson Investment over 90 days. Smithson Investment is related to or competes with Beowulf Mining, Iron Mountain, UNIQA Insurance, Baker Steel, Ecclesiastical Insurance, Empire Metals, and Zurich Insurance. Smithson Investment is entity of United Kingdom More
Smithson Investment 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 Smithson Investment'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 Smithson Investment Trust upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0454 | |||
| Maximum Drawdown | 4.66 | |||
| Value At Risk | (1.51) | |||
| Potential Upside | 1.34 |
Smithson Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smithson Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smithson Investment's standard deviation. In reality, there are many statistical measures that can use Smithson Investment historical prices to predict the future Smithson Investment's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | 0.049 | |||
| Treynor Ratio | (0.15) |
Smithson Investment Trust Backtested Returns
Smithson Investment Trust owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0187, which indicates the firm had a -0.0187 % return per unit of risk over the last 3 months. Smithson Investment Trust exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Smithson Investment's Coefficient Of Variation of (1,625), variance of 0.8585, and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Smithson Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Smithson Investment is expected to be smaller as well. At this point, Smithson Investment Trust has a negative expected return of -0.0177%. Please make sure to validate Smithson Investment's total risk alpha, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to decide if Smithson Investment Trust performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.84 |
Excellent reverse predictability
Smithson Investment Trust has excellent reverse predictability. Overlapping area represents the amount of predictability between Smithson Investment time series from 18th of December 2024 to 1st of February 2025 and 1st of February 2025 to 18th 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 Smithson Investment Trust price movement. The serial correlation of -0.84 indicates that around 84.0% of current Smithson Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.84 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 1374.38 |
Smithson Investment Trust lagged returns against current returns
Autocorrelation, which is Smithson Investment 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 Smithson Investment's stock expected returns. We can calculate the autocorrelation of Smithson Investment returns to help us make a trade decision. For example, suppose you find that Smithson Investment 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 |
Smithson Investment 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 Smithson Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smithson Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smithson Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Smithson Investment Lagged Returns
When evaluating Smithson Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smithson Investment stock have on its future price. Smithson Investment 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, Smithson Investment autocorrelation shows the relationship between Smithson Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Smithson Investment Trust.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Smithson Stock Analysis
When running Smithson Investment's price analysis, check to measure Smithson Investment'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 Smithson Investment is operating at the current time. Most of Smithson Investment's value examination focuses on studying past and present price action to predict the probability of Smithson Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smithson Investment's price. Additionally, you may evaluate how the addition of Smithson Investment to your portfolios can decrease your overall portfolio volatility.