Sonda SA (Chile) Market Value
| SONDA Stock | CLP 415.00 6.61 1.62% |
| Symbol | Sonda |
Sonda SA '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 Sonda SA'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 Sonda SA.
| 07/03/2022 |
| 04/23/2024 |
If you would invest 0.00 in Sonda SA on July 3, 2022 and sell it all today you would earn a total of 0.00 from holding Sonda SA or generate 0.0% return on investment in Sonda SA over 660 days. Sonda SA is related to or competes with Empresa Nacional, Cencosud, Empresas CMPC, Falabella, and Parq Arauco. Sonda S.A., together with its subsidiaries, provides information technology solutions in Latin America, Chile, Brazil, M... More
Sonda SA 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 Sonda SA'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 Sonda SA upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9677 | |||
| Information Ratio | 0.0909 | |||
| Maximum Drawdown | 7.24 | |||
| Value At Risk | (1.45) | |||
| Potential Upside | 2.93 |
Sonda SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonda SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonda SA's standard deviation. In reality, there are many statistical measures that can use Sonda SA historical prices to predict the future Sonda SA's volatility.| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 0.2218 | |||
| Total Risk Alpha | 0.0266 | |||
| Sortino Ratio | 0.131 | |||
| Treynor Ratio | (1.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonda SA'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.
Sonda SA Backtested Returns
Sonda SA appears to be very steady, given 3 months investment horizon. Sonda SA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sonda SA, which you can use to evaluate the volatility of the company. Please review Sonda SA's Coefficient Of Variation of 645.43, semi deviation of 0.7531, and Risk Adjusted Performance of 0.101 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sonda SA holds a performance score of 10. The entity has a beta of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sonda SA are expected to decrease at a much lower rate. During the bear market, Sonda SA is likely to outperform the market. Please check Sonda SA's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Sonda SA's existing price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Sonda SA has virtually no predictability. Overlapping area represents the amount of predictability between Sonda SA time series from 3rd of July 2022 to 29th of May 2023 and 29th of May 2023 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 Sonda SA price movement. The serial correlation of 0.02 indicates that only 2.0% of current Sonda SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 535.73 |
Sonda SA lagged returns against current returns
Autocorrelation, which is Sonda SA 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 Sonda SA's stock expected returns. We can calculate the autocorrelation of Sonda SA returns to help us make a trade decision. For example, suppose you find that Sonda SA 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 |
Sonda SA 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 Sonda SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonda SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonda SA stock over time.
Current vs Lagged Prices |
| Timeline |
Sonda SA Lagged Returns
When evaluating Sonda SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonda SA stock have on its future price. Sonda SA 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, Sonda SA autocorrelation shows the relationship between Sonda SA stock current value and its past values and can show if there is a momentum factor associated with investing in Sonda SA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out Sonda SA Correlation, Sonda SA Volatility and Sonda SA Alpha and Beta module to complement your research on Sonda SA. Note that the Sonda SA information on this page should be used as a complementary analysis to other Sonda SA'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 Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Sonda Stock analysis
When running Sonda SA's price analysis, check to measure Sonda SA'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 Sonda SA is operating at the current time. Most of Sonda SA's value examination focuses on studying past and present price action to predict the probability of Sonda SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonda SA's price. Additionally, you may evaluate how the addition of Sonda SA to your portfolios can decrease your overall portfolio volatility.
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Sonda SA 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.