SEVEN GROUP (Australia) Market Value
| SVW Stock | 44.91 0.39 0.86% |
| Symbol | SEVEN |
SEVEN GROUP '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 SEVEN GROUP'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 SEVEN GROUP.
| 06/24/2024 |
| 12/21/2024 |
If you would invest 0.00 in SEVEN GROUP on June 24, 2024 and sell it all today you would earn a total of 0.00 from holding SEVEN GROUP HOLDINGS or generate 0.0% return on investment in SEVEN GROUP over 180 days. SEVEN GROUP is related to or competes with Westpac Banking, IShares Global, Adriatic Metals, Australian Agricultural, and VanEck FTSE. SEVEN GROUP is entity of Australia. It is traded as Stock on AU exchange. More
SEVEN GROUP 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 SEVEN GROUP'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 SEVEN GROUP HOLDINGS upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.17 | |||
| Information Ratio | 0.0289 | |||
| Maximum Drawdown | 6.83 | |||
| Value At Risk | (1.95) | |||
| Potential Upside | 2.49 |
SEVEN GROUP Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SEVEN GROUP's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SEVEN GROUP's standard deviation. In reality, there are many statistical measures that can use SEVEN GROUP historical prices to predict the future SEVEN GROUP's volatility.| Risk Adjusted Performance | 0.0461 | |||
| Jensen Alpha | 0.0462 | |||
| Total Risk Alpha | 0.0234 | |||
| Sortino Ratio | 0.033 | |||
| Treynor Ratio | 0.0931 |
SEVEN GROUP HOLDINGS Backtested Returns
Currently, SEVEN GROUP HOLDINGS is very steady. SEVEN GROUP HOLDINGS owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0766, which indicates the firm had a 0.0766% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for SEVEN GROUP HOLDINGS, which you can use to evaluate the volatility of the company. Please validate SEVEN GROUP's coefficient of variation of 1885.16, and Risk Adjusted Performance of 0.0461 to confirm if the risk estimate we provide is consistent with the expected return of 0.1%. SEVEN GROUP has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.65, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SEVEN GROUP's returns are expected to increase less than the market. However, during the bear market, the loss of holding SEVEN GROUP is expected to be smaller as well. SEVEN GROUP HOLDINGS currently has a risk of 1.31%. Please validate SEVEN GROUP expected short fall, daily balance of power, and the relationship between the downside variance and kurtosis , to decide if SEVEN GROUP will be following its existing price patterns.
Auto-correlation | 0.67 |
Good predictability
SEVEN GROUP HOLDINGS has good predictability. Overlapping area represents the amount of predictability between SEVEN GROUP time series from 24th of June 2024 to 22nd of September 2024 and 22nd of September 2024 to 21st 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 SEVEN GROUP HOLDINGS price movement. The serial correlation of 0.67 indicates that around 67.0% of current SEVEN GROUP price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 6.61 |
SEVEN GROUP HOLDINGS lagged returns against current returns
Autocorrelation, which is SEVEN GROUP 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 SEVEN GROUP's stock expected returns. We can calculate the autocorrelation of SEVEN GROUP returns to help us make a trade decision. For example, suppose you find that SEVEN GROUP 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 |
SEVEN GROUP 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 SEVEN GROUP stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SEVEN GROUP stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SEVEN GROUP stock over time.
Current vs Lagged Prices |
| Timeline |
SEVEN GROUP Lagged Returns
When evaluating SEVEN GROUP's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SEVEN GROUP stock have on its future price. SEVEN GROUP 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, SEVEN GROUP autocorrelation shows the relationship between SEVEN GROUP stock current value and its past values and can show if there is a momentum factor associated with investing in SEVEN GROUP HOLDINGS.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SEVEN Stock Analysis
When running SEVEN GROUP's price analysis, check to measure SEVEN GROUP'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 SEVEN GROUP is operating at the current time. Most of SEVEN GROUP's value examination focuses on studying past and present price action to predict the probability of SEVEN GROUP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SEVEN GROUP's price. Additionally, you may evaluate how the addition of SEVEN GROUP to your portfolios can decrease your overall portfolio volatility.