Sage Group (UK) Market Value
| SGE Stock | 1,290 15.50 1.19% |
| Symbol | Sage |
Sage Group '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 Sage Group'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 Sage Group.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in Sage Group on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Sage Group PLC or generate 0.0% return on investment in Sage Group over 720 days. Sage Group is related to or competes with Samsung Electronics, Samsung Electronics, Hyundai, Toyota, Reliance Industries, State Bank, and Halyk Bank. Sage Group is entity of United Kingdom. It is traded as Stock on LSE exchange. More
Sage Group 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 Sage Group'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 Sage Group PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.06 | |||
| Information Ratio | 0.1491 | |||
| Maximum Drawdown | 19.2 | |||
| Value At Risk | (1.58) | |||
| Potential Upside | 1.8 |
Sage Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sage Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sage Group's standard deviation. In reality, there are many statistical measures that can use Sage Group historical prices to predict the future Sage Group's volatility.| Risk Adjusted Performance | 0.1353 | |||
| Jensen Alpha | 0.3856 | |||
| Total Risk Alpha | 0.3184 | |||
| Sortino Ratio | 0.344 | |||
| Treynor Ratio | 6.15 |
Sage Group PLC Backtested Returns
Sage Group appears to be very steady, given 3 months investment horizon. Sage Group PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sage Group PLC, which you can use to evaluate the volatility of the company. Please review Sage Group's Risk Adjusted Performance of 0.1353, semi deviation of 0.6474, and Coefficient Of Variation of 616.47 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sage Group holds a performance score of 12. The entity has a beta of 0.0629, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sage Group's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sage Group is expected to be smaller as well. Please check Sage Group's standard deviation, treynor ratio, downside variance, as well as the relationship between the total risk alpha and value at risk , to make a quick decision on whether Sage Group's existing price patterns will revert.
Auto-correlation | -0.15 |
Insignificant reverse predictability
Sage Group PLC has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sage Group 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 Sage Group PLC price movement. The serial correlation of -0.15 indicates that less than 15.0% of current Sage Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 9175.98 |
Sage Group PLC lagged returns against current returns
Autocorrelation, which is Sage Group 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 Sage Group's stock expected returns. We can calculate the autocorrelation of Sage Group returns to help us make a trade decision. For example, suppose you find that Sage Group 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 |
Sage Group 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 Sage Group stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sage Group stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sage Group stock over time.
Current vs Lagged Prices |
| Timeline |
Sage Group Lagged Returns
When evaluating Sage Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sage Group stock have on its future price. Sage Group 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, Sage Group autocorrelation shows the relationship between Sage Group stock current value and its past values and can show if there is a momentum factor associated with investing in Sage Group PLC.
Regressed Prices |
| Timeline |
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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 Sage Stock
Sage Group financial ratios help investors to determine whether Sage 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 Sage with respect to the benefits of owning Sage Group security.