SCHLUMBERGER INVESTMENT SA Market Value
| 806854AJ4 | 87.66 1.35 1.52% |
| Symbol | SCHLUMBERGER |
SCHLUMBERGER '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 SCHLUMBERGER's bond 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 SCHLUMBERGER.
| 11/29/2024 |
| 12/29/2024 |
If you would invest 0.00 in SCHLUMBERGER on November 29, 2024 and sell it all today you would earn a total of 0.00 from holding SCHLUMBERGER INVESTMENT SA or generate 0.0% return on investment in SCHLUMBERGER over 30 days. SCHLUMBERGER is related to or competes with Weyco, Corporacion America, Procter Gamble, Acme United, and Rocky Brands. More
SCHLUMBERGER 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 SCHLUMBERGER's bond 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 SCHLUMBERGER INVESTMENT SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.54 | |||
| Value At Risk | (1.83) | |||
| Potential Upside | 2.89 |
SCHLUMBERGER Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCHLUMBERGER's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCHLUMBERGER's standard deviation. In reality, there are many statistical measures that can use SCHLUMBERGER historical prices to predict the future SCHLUMBERGER's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | (0.09) | |||
| Treynor Ratio | 0.5209 |
SCHLUMBERGER INVESTMENT Backtested Returns
SCHLUMBERGER INVESTMENT owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.21, which indicates the bond had a -0.21% return per unit of volatility over the last 3 months. SCHLUMBERGER INVESTMENT SA exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCHLUMBERGER's Risk Adjusted Performance of (0.03), standard deviation of 1.23, and Market Risk Adjusted Performance of 0.5309 to confirm the risk estimate we provide. The entity has a beta of -0.11, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SCHLUMBERGER are expected to decrease at a much lower rate. During the bear market, SCHLUMBERGER is likely to outperform the market.
Auto-correlation | 0.80 |
Very good predictability
SCHLUMBERGER INVESTMENT SA has very good predictability. Overlapping area represents the amount of predictability between SCHLUMBERGER time series from 29th of November 2024 to 14th of December 2024 and 14th of December 2024 to 29th 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 SCHLUMBERGER INVESTMENT price movement. The serial correlation of 0.8 indicates that around 80.0% of current SCHLUMBERGER price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 1.36 |
SCHLUMBERGER INVESTMENT lagged returns against current returns
Autocorrelation, which is SCHLUMBERGER bond'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 SCHLUMBERGER's bond expected returns. We can calculate the autocorrelation of SCHLUMBERGER returns to help us make a trade decision. For example, suppose you find that SCHLUMBERGER has exhibited high autocorrelation historically, and you observe that the bond 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 |
SCHLUMBERGER 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 SCHLUMBERGER bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCHLUMBERGER bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCHLUMBERGER bond over time.
Current vs Lagged Prices |
| Timeline |
SCHLUMBERGER Lagged Returns
When evaluating SCHLUMBERGER's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCHLUMBERGER bond have on its future price. SCHLUMBERGER 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, SCHLUMBERGER autocorrelation shows the relationship between SCHLUMBERGER bond current value and its past values and can show if there is a momentum factor associated with investing in SCHLUMBERGER INVESTMENT SA.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in SCHLUMBERGER Bond
SCHLUMBERGER financial ratios help investors to determine whether SCHLUMBERGER Bond 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 SCHLUMBERGER with respect to the benefits of owning SCHLUMBERGER security.