Sofina Socit (Belgium) Market Value
| SOF Stock | EUR 217.00 2.60 1.21% |
| Symbol | Sofina |
Sofina Socit '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 Sofina Socit'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 Sofina Socit.
| 04/30/2023 |
| 04/24/2024 |
If you would invest 0.00 in Sofina Socit on April 30, 2023 and sell it all today you would earn a total of 0.00 from holding Sofina Socit Anonyme or generate 0.0% return on investment in Sofina Socit over 360 days. Sofina Socit is related to or competes with Ageas SANV, and GIMV NV. Sofina Socit Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments More
Sofina Socit 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 Sofina Socit'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 Sofina Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.09 | |||
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 5.05 | |||
| Value At Risk | (1.90) | |||
| Potential Upside | 2.18 |
Sofina Socit Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sofina Socit's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sofina Socit's standard deviation. In reality, there are many statistical measures that can use Sofina Socit historical prices to predict the future Sofina Socit's volatility.| Risk Adjusted Performance | 0.021 | |||
| Jensen Alpha | 0.0075 | |||
| Total Risk Alpha | (0.13) | |||
| Sortino Ratio | (0.05) | |||
| Treynor Ratio | 0.1233 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sofina Socit's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sofina Socit Anonyme Backtested Returns
Sofina Socit Anonyme owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0286, which indicates the firm had a -0.0286% return per unit of risk over the last 3 months. Sofina Socit Anonyme exposes thirty different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sofina Socit's Coefficient Of Variation of 3770.86, risk adjusted performance of 0.021, and Semi Deviation of 1.04 to confirm the risk estimate we provide. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sofina Socit's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sofina Socit is expected to be smaller as well. Sofina Socit Anonyme has an expected return of -0.032%. Please make sure to validate Sofina Socit coefficient of variation, jensen alpha, sortino ratio, as well as the relationship between the standard deviation and total risk alpha , to decide if Sofina Socit Anonyme performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.19 |
Insignificant reverse predictability
Sofina Socit Anonyme has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sofina Socit time series from 30th of April 2023 to 27th of October 2023 and 27th of October 2023 to 24th of April 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 Sofina Socit Anonyme price movement. The serial correlation of -0.19 indicates that over 19.0% of current Sofina Socit price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 113.53 |
Sofina Socit Anonyme lagged returns against current returns
Autocorrelation, which is Sofina Socit 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 Sofina Socit's stock expected returns. We can calculate the autocorrelation of Sofina Socit returns to help us make a trade decision. For example, suppose you find that Sofina Socit 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 |
Sofina Socit 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 Sofina Socit stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sofina Socit stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sofina Socit stock over time.
Current vs Lagged Prices |
| Timeline |
Sofina Socit Lagged Returns
When evaluating Sofina Socit's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sofina Socit stock have on its future price. Sofina Socit 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, Sofina Socit autocorrelation shows the relationship between Sofina Socit stock current value and its past values and can show if there is a momentum factor associated with investing in Sofina Socit Anonyme.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sofina Socit in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sofina Socit's short interest history, or implied volatility extrapolated from Sofina Socit options trading.
Currently Active Assets on Macroaxis
Check out Sofina Socit Correlation, Sofina Socit Volatility and Sofina Socit Alpha and Beta module to complement your research on Sofina Socit. Note that the Sofina Socit Anonyme information on this page should be used as a complementary analysis to other Sofina Socit's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Manager module to state of the art Portfolio Manager to monitor and improve performance of your invested capital.
Complementary Tools for Sofina Stock analysis
When running Sofina Socit's price analysis, check to measure Sofina Socit'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 Sofina Socit is operating at the current time. Most of Sofina Socit's value examination focuses on studying past and present price action to predict the probability of Sofina Socit's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sofina Socit's price. Additionally, you may evaluate how the addition of Sofina Socit to your portfolios can decrease your overall portfolio volatility.
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Sofina Socit 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.