SSC Technologies (Germany) Market Value
| WGSA Stock | EUR 72.50 0.00 0.00% |
| Symbol | SSC |
SSC Technologies '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 SSC Technologies' 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 SSC Technologies.
| 11/26/2024 |
| 12/26/2024 |
If you would invest 0.00 in SSC Technologies on November 26, 2024 and sell it all today you would earn a total of 0.00 from holding SSC Technologies Holdings or generate 0.0% return on investment in SSC Technologies over 30 days. SSC Technologies is related to or competes with Aedas Homes, EBRO FOODS, MOLSON RS, THAI BEVERAGE, COFCO Joycome, TYSON FOODS, and Addus HomeCare. SSC Technologies Holdings, Inc. provides software products and software-enabled services to financial services and healt... More
SSC Technologies 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 SSC Technologies' 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 SSC Technologies Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.58 | |||
| Information Ratio | 0.0581 | |||
| Maximum Drawdown | 7.33 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 2.82 |
SSC Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SSC Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SSC Technologies' standard deviation. In reality, there are many statistical measures that can use SSC Technologies historical prices to predict the future SSC Technologies' volatility.| Risk Adjusted Performance | 0.0773 | |||
| Jensen Alpha | 0.1 | |||
| Total Risk Alpha | 0.0543 | |||
| Sortino Ratio | 0.0492 | |||
| Treynor Ratio | 0.3175 |
SSC Technologies Holdings Backtested Returns
At this point, SSC Technologies is very steady. SSC Technologies Holdings retains Efficiency (Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of volatility over the last 3 months. We have found twenty-four technical indicators for SSC Technologies, which you can use to evaluate the volatility of the company. Please validate SSC Technologies' downside deviation of 1.58, and Risk Adjusted Performance of 0.0773 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. SSC Technologies has a performance score of 8 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SSC Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding SSC Technologies is expected to be smaller as well. SSC Technologies Holdings currently owns a risk of 1.35%. Please validate SSC Technologies Holdings information ratio, total risk alpha, and the relationship between the variance and jensen alpha , to decide if SSC Technologies Holdings will be following its current price history.
Auto-correlation | 0.14 |
Insignificant predictability
SSC Technologies Holdings has insignificant predictability. Overlapping area represents the amount of predictability between SSC Technologies time series from 26th of November 2024 to 11th of December 2024 and 11th of December 2024 to 26th 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 SSC Technologies Holdings price movement. The serial correlation of 0.14 indicates that less than 14.0% of current SSC Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.14 | |
| Spearman Rank Test | 0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.64 |
SSC Technologies Holdings lagged returns against current returns
Autocorrelation, which is SSC Technologies 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 SSC Technologies' stock expected returns. We can calculate the autocorrelation of SSC Technologies returns to help us make a trade decision. For example, suppose you find that SSC Technologies 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 |
SSC Technologies 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 SSC Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SSC Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SSC Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
SSC Technologies Lagged Returns
When evaluating SSC Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SSC Technologies stock have on its future price. SSC Technologies 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, SSC Technologies autocorrelation shows the relationship between SSC Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SSC Technologies Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Additional Information and Resources on Investing in SSC Stock
When determining whether SSC Technologies Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SSC Technologies' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ssc Technologies Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ssc Technologies Holdings Stock:Check out SSC Technologies Correlation, SSC Technologies Volatility and SSC Technologies Alpha and Beta module to complement your research on SSC Technologies. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
SSC Technologies technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.