SYLVANIA PLAT (Germany) Market Value
| 31L Stock | EUR 0.47 0.02 4.44% |
| Symbol | SYLVANIA |
SYLVANIA PLAT '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 SYLVANIA PLAT'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 SYLVANIA PLAT.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in SYLVANIA PLAT on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding SYLVANIA PLAT DL or generate 0.0% return on investment in SYLVANIA PLAT over 720 days. SYLVANIA PLAT is related to or competes with Fresnillo Plc, NEW PACIFIC, THARISA NON, Metalla Royalty, and ALLIANZ TECHNOTRLS. Sylvania Platinum Limited primarily engages in the retreatment of platinum group metals bearing chrome tailings material... More
SYLVANIA PLAT 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 SYLVANIA PLAT'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 SYLVANIA PLAT DL upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 19.87 | |||
| Value At Risk | (5.56) | |||
| Potential Upside | 4.17 |
SYLVANIA PLAT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SYLVANIA PLAT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SYLVANIA PLAT's standard deviation. In reality, there are many statistical measures that can use SYLVANIA PLAT historical prices to predict the future SYLVANIA PLAT's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.35) |
SYLVANIA PLAT DL Backtested Returns
SYLVANIA PLAT DL owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0404, which indicates the firm had a -0.0404% return per unit of volatility over the last 3 months. SYLVANIA PLAT DL exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SYLVANIA PLAT's variance of 10.58, and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of 0.48, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SYLVANIA PLAT's returns are expected to increase less than the market. However, during the bear market, the loss of holding SYLVANIA PLAT is expected to be smaller as well. At this point, SYLVANIA PLAT DL has a negative expected return of -0.13%. Please make sure to validate SYLVANIA PLAT's jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if SYLVANIA PLAT DL performance from the past will be repeated at some future point.
Auto-correlation | 0.32 |
Below average predictability
SYLVANIA PLAT DL has below average predictability. Overlapping area represents the amount of predictability between SYLVANIA PLAT time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd 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 SYLVANIA PLAT DL price movement. The serial correlation of 0.32 indicates that nearly 32.0% of current SYLVANIA PLAT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.32 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SYLVANIA PLAT DL lagged returns against current returns
Autocorrelation, which is SYLVANIA PLAT 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 SYLVANIA PLAT's stock expected returns. We can calculate the autocorrelation of SYLVANIA PLAT returns to help us make a trade decision. For example, suppose you find that SYLVANIA PLAT 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 |
SYLVANIA PLAT 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 SYLVANIA PLAT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SYLVANIA PLAT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SYLVANIA PLAT stock over time.
Current vs Lagged Prices |
| Timeline |
SYLVANIA PLAT Lagged Returns
When evaluating SYLVANIA PLAT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SYLVANIA PLAT stock have on its future price. SYLVANIA PLAT 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, SYLVANIA PLAT autocorrelation shows the relationship between SYLVANIA PLAT stock current value and its past values and can show if there is a momentum factor associated with investing in SYLVANIA PLAT DL.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SYLVANIA Stock
SYLVANIA PLAT financial ratios help investors to determine whether SYLVANIA Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SYLVANIA with respect to the benefits of owning SYLVANIA PLAT security.