Sime Darby (Malaysia) Market Value
| 5285 Stock | 4.96 0.04 0.80% |
| Symbol | Sime |
Sime Darby '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 Sime Darby'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 Sime Darby.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in Sime Darby on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding Sime Darby Plantation or generate 0.0% return on investment in Sime Darby over 30 days. Sime Darby is related to or competes with Leader Steel, Al Aqar, SFP Tech, Magni Tech, Computer Forms, Sports Toto, and Dufu Tech. More
Sime Darby 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 Sime Darby'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 Sime Darby Plantation upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.4 | |||
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 10.8 | |||
| Value At Risk | (2.34) | |||
| Potential Upside | 2.81 |
Sime Darby Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sime Darby's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sime Darby's standard deviation. In reality, there are many statistical measures that can use Sime Darby historical prices to predict the future Sime Darby's volatility.| Risk Adjusted Performance | 0.081 | |||
| Jensen Alpha | 0.2182 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0563 | |||
| Treynor Ratio | (0.31) |
Sime Darby Plantation Backtested Returns
As of now, Sime Stock is somewhat reliable. Sime Darby Plantation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0838, which indicates the firm had a 0.0838% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sime Darby Plantation, which you can use to evaluate the volatility of the company. Please validate Sime Darby's Risk Adjusted Performance of 0.081, coefficient of variation of 964.56, and Semi Deviation of 1.23 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sime Darby has a performance score of 6 on a scale of 0 to 100. The entity has a beta of -0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sime Darby are expected to decrease at a much lower rate. During the bear market, Sime Darby is likely to outperform the market. Sime Darby Plantation right now has a risk of 1.75%. Please validate Sime Darby downside deviation, standard deviation, total risk alpha, as well as the relationship between the coefficient of variation and jensen alpha , to decide if Sime Darby will be following its existing price patterns.
Auto-correlation | 0.34 |
Below average predictability
Sime Darby Plantation has below average predictability. Overlapping area represents the amount of predictability between Sime Darby time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 Sime Darby Plantation price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Sime Darby price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sime Darby Plantation lagged returns against current returns
Autocorrelation, which is Sime Darby 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 Sime Darby's stock expected returns. We can calculate the autocorrelation of Sime Darby returns to help us make a trade decision. For example, suppose you find that Sime Darby 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 |
Sime Darby 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 Sime Darby stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sime Darby stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sime Darby stock over time.
Current vs Lagged Prices |
| Timeline |
Sime Darby Lagged Returns
When evaluating Sime Darby's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sime Darby stock have on its future price. Sime Darby 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, Sime Darby autocorrelation shows the relationship between Sime Darby stock current value and its past values and can show if there is a momentum factor associated with investing in Sime Darby Plantation.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sime Stock
Sime Darby financial ratios help investors to determine whether Sime 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 Sime with respect to the benefits of owning Sime Darby security.