SIMON's market value is the price at which a share of SIMON trades on an exchange. It measures the collective expectations of SIMON PPTY GROUP investors about the bond's future performance. With this module, you can estimate the performance of a buy and hold strategy of SIMON PPTY GROUP and determine expected loss or profit from investing in SIMON over a given investment horizon. Check out SIMON Correlation, SIMON Volatility and SIMON Alpha and Beta module to complement your research on SIMON.
Please note, there is a significant difference between SIMON's value and its price as these two are different measures arrived at by different means. Investors typically determine if SIMON is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIMON'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.
SIMON '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 SIMON'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 SIMON.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure SIMON'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 SIMON PPTY GROUP upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIMON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIMON's standard deviation. In reality, there are many statistical measures that can use SIMON historical prices to predict the future SIMON's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SIMON. Your research has to be compared to or analyzed against SIMON's peers to derive any actionable benefits. When done correctly, SIMON's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in SIMON PPTY GROUP.
SIMON PPTY GROUP Backtested Returns
SIMON PPTY GROUP owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the bond had a -0.11% return per unit of standard deviation over the last 3 months. SIMON PPTY GROUP exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIMON's variance of 0.0813, and Risk Adjusted Performance of (0.14) to confirm the risk estimate we provide. The entity has a beta of 0.0204, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIMON's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIMON is expected to be smaller as well.
Auto-correlation
0.44
Average predictability
SIMON PPTY GROUP has average predictability. Overlapping area represents the amount of predictability between SIMON time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 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 SIMON PPTY GROUP price movement. The serial correlation of 0.44 indicates that just about 44.0% of current SIMON price fluctuation can be explain by its past prices.
Correlation Coefficient
0.44
Spearman Rank Test
-0.32
Residual Average
0.0
Price Variance
0.0
SIMON PPTY GROUP lagged returns against current returns
Autocorrelation, which is SIMON 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 SIMON's bond expected returns. We can calculate the autocorrelation of SIMON returns to help us make a trade decision. For example, suppose you find that SIMON 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
SIMON 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 SIMON bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIMON bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIMON bond over time.
Current vs Lagged Prices
Timeline
SIMON Lagged Returns
When evaluating SIMON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIMON bond have on its future price. SIMON 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, SIMON autocorrelation shows the relationship between SIMON bond current value and its past values and can show if there is a momentum factor associated with investing in SIMON PPTY GROUP.
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.
SIMON financial ratios help investors to determine whether SIMON 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 SIMON with respect to the benefits of owning SIMON security.