Safestore Holdings (Germany) Market Value
| IHF Stock | EUR 8.00 0.25 3.23% |
| Symbol | Safestore |
Safestore Holdings '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 Safestore Holdings' 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 Safestore Holdings.
| 09/29/2024 |
| 12/28/2024 |
If you would invest 0.00 in Safestore Holdings on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Safestore Holdings plc or generate 0.0% return on investment in Safestore Holdings over 90 days. Safestore Holdings is related to or competes with Calibre Mining, Jacquet Metal, Coeur Mining, and PRECISION DRILLING. More
Safestore Holdings 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 Safestore Holdings' 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 Safestore Holdings plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.29) | |||
| Maximum Drawdown | 6.89 | |||
| Value At Risk | (3.24) | |||
| Potential Upside | 1.89 |
Safestore Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safestore Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safestore Holdings' standard deviation. In reality, there are many statistical measures that can use Safestore Holdings historical prices to predict the future Safestore Holdings' volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | (5.08) |
Safestore Holdings plc Backtested Returns
Safestore Holdings plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.29, which indicates the firm had a -0.29% return per unit of risk over the last 3 months. Safestore Holdings plc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safestore Holdings' Risk Adjusted Performance of (0.21), coefficient of variation of (367.33), and Variance of 2.62 to confirm the risk estimate we provide. The entity has a beta of 0.0888, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Safestore Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Safestore Holdings is expected to be smaller as well. At this point, Safestore Holdings plc has a negative expected return of -0.47%. Please make sure to validate Safestore Holdings' jensen alpha, treynor ratio, and the relationship between the standard deviation and total risk alpha , to decide if Safestore Holdings plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.85 |
Very good predictability
Safestore Holdings plc has very good predictability. Overlapping area represents the amount of predictability between Safestore Holdings time series from 29th of September 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Safestore Holdings plc price movement. The serial correlation of 0.85 indicates that around 85.0% of current Safestore Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.85 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Safestore Holdings plc lagged returns against current returns
Autocorrelation, which is Safestore Holdings 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 Safestore Holdings' stock expected returns. We can calculate the autocorrelation of Safestore Holdings returns to help us make a trade decision. For example, suppose you find that Safestore Holdings 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 |
Safestore Holdings 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 Safestore Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safestore Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safestore Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Safestore Holdings Lagged Returns
When evaluating Safestore Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safestore Holdings stock have on its future price. Safestore Holdings 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, Safestore Holdings autocorrelation shows the relationship between Safestore Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Safestore Holdings plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Safestore Stock
Safestore Holdings financial ratios help investors to determine whether Safestore 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 Safestore with respect to the benefits of owning Safestore Holdings security.