Secom Ltd Stock Market Value
| SOMLF Stock | USD 71.14 0.00 0.00% |
| Symbol | SECOM |
SECOM CO '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 SECOM CO's pink sheet 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 SECOM CO.
| 03/24/2024 |
| 04/23/2024 |
If you would invest 0.00 in SECOM CO on March 24, 2024 and sell it all today you would earn a total of 0.00 from holding SECOM LTD or generate 0.0% return on investment in SECOM CO over 30 days. SECOM CO is related to or competes with Securitas, Allegion PLC, MSA Safety, and Securitas. SECOM CO., LTD. provides security services in Japan and internationally More
SECOM CO 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 SECOM CO's pink sheet 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 SECOM LTD upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 8.44 | |||
| Value At Risk | (2.88) | |||
| Potential Upside | 0.9774 |
SECOM CO Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SECOM CO's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SECOM CO's standard deviation. In reality, there are many statistical measures that can use SECOM CO historical prices to predict the future SECOM CO's volatility.| Risk Adjusted Performance | (0.05) | |||
| Total Risk Alpha | (0.24) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SECOM CO'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.
SECOM LTD Backtested Returns
SECOM LTD retains Efficiency (Sharpe Ratio) of -0.0899, which indicates the firm had a -0.0899% return per unit of volatility over the last 3 months. SECOM CO exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SECOM CO's risk adjusted performance of (0.05), and Variance of 1.26 to confirm the risk estimate we provide. The entity owns a Beta (Systematic Risk) of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SECOM CO are completely uncorrelated. SECOM LTD has an expected return of -0.1%. Please make sure to validate SECOM LTD standard deviation, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if SECOM LTD performance from the past will be repeated in the future.
Auto-correlation | 0.00 |
No correlation between past and present
SECOM LTD has no correlation between past and present. Overlapping area represents the amount of predictability between SECOM CO time series from 24th of March 2024 to 8th of April 2024 and 8th of April 2024 to 23rd 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 SECOM LTD price movement. The serial correlation of 0.0 indicates that just 0.0% of current SECOM CO price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.73 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SECOM LTD lagged returns against current returns
Autocorrelation, which is SECOM CO pink sheet'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 SECOM CO's pink sheet expected returns. We can calculate the autocorrelation of SECOM CO returns to help us make a trade decision. For example, suppose you find that SECOM CO has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
SECOM CO 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 SECOM CO pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SECOM CO pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SECOM CO pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SECOM CO Lagged Returns
When evaluating SECOM CO's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SECOM CO pink sheet have on its future price. SECOM CO 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, SECOM CO autocorrelation shows the relationship between SECOM CO pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SECOM LTD.
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 SECOM CO 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, SECOM CO's short interest history, or implied volatility extrapolated from SECOM CO options trading.
Currently Active Assets on Macroaxis
Check out SECOM CO Correlation, SECOM CO Volatility and SECOM CO Alpha and Beta module to complement your research on SECOM CO. You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.
Complementary Tools for SECOM Pink Sheet analysis
When running SECOM CO's price analysis, check to measure SECOM CO'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 SECOM CO is operating at the current time. Most of SECOM CO's value examination focuses on studying past and present price action to predict the probability of SECOM CO's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SECOM CO's price. Additionally, you may evaluate how the addition of SECOM CO to your portfolios can decrease your overall portfolio volatility.
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SECOM CO technical pink sheet 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, pink sheet market cycles, or different charting patterns.