Sp 500 Retailing Index Market Value
| 5SP2550 Index | 4,302 44.59 1.05% |
| Symbol | 5SP2550 |
SP 500 '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 SP 500's index 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 SP 500.
| 06/04/2022 |
| 04/24/2024 |
If you would invest 0.00 in SP 500 on June 4, 2022 and sell it all today you would earn a total of 0.00 from holding SP 500 Retailing or generate 0.0% return on investment in SP 500 over 690 days.
SP 500 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 SP 500's index 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 SP 500 Retailing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9602 | |||
| Information Ratio | 0.0286 | |||
| Maximum Drawdown | 6.65 | |||
| Value At Risk | (1.49) | |||
| Potential Upside | 1.96 |
SP 500 Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SP 500's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SP 500's standard deviation. In reality, there are many statistical measures that can use SP 500 historical prices to predict the future SP 500's volatility.| Risk Adjusted Performance | 0.0723 | |||
| Total Risk Alpha | (0.04) | |||
| Sortino Ratio | 0.0356 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SP 500'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.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as SP 500. Your research has to be compared to or analyzed against SP 500's peers to derive any actionable benefits. When done correctly, SP 500'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 SP 500 Retailing.
SP 500 Retailing Backtested Returns
SP 500 Retailing retains Efficiency (Sharpe Ratio) of 0.11, which indicates the index had a 0.11% return per unit of price deviation over the last 3 months. We have found twenty-five technical indicators for SP 500, which you can use to evaluate the volatility of the index. 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 SP 500 are completely uncorrelated.
Auto-correlation | -0.19 |
Insignificant reverse predictability
SP 500 Retailing has insignificant reverse predictability. Overlapping area represents the amount of predictability between SP 500 time series from 4th of June 2022 to 15th of May 2023 and 15th of May 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 SP 500 Retailing price movement. The serial correlation of -0.19 indicates that over 19.0% of current SP 500 price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.19 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 161.1 K |
SP 500 Retailing lagged returns against current returns
Autocorrelation, which is SP 500 index'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 SP 500's index expected returns. We can calculate the autocorrelation of SP 500 returns to help us make a trade decision. For example, suppose you find that SP 500 has exhibited high autocorrelation historically, and you observe that the index 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 |
SP 500 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 SP 500 index is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SP 500 index is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SP 500 index over time.
Current vs Lagged Prices |
| Timeline |
SP 500 Lagged Returns
When evaluating SP 500's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SP 500 index have on its future price. SP 500 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, SP 500 autocorrelation shows the relationship between SP 500 index current value and its past values and can show if there is a momentum factor associated with investing in SP 500 Retailing.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Check out Trending Equities to better understand how to build diversified portfolios. Also, note that the market value of any index could be tightly coupled with the direction of predictive economic indicators such as signals in nation. Note that the SP 500 Retailing information on this page should be used as a complementary analysis to other SP 500'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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
SP 500 technical index 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, index market cycles, or different charting patterns.