Sligro Food's market value is the price at which a share of Sligro Food trades on a public exchange. It measures the collective expectations of Sligro Food Group investors about its performance. Sligro Food is trading at 12.00 as of the 1st of December 2024. This is a No Change since the beginning of the trading day. The stock's lowest day price was 12.0. With this module, you can estimate the performance of a buy and hold strategy of Sligro Food Group and determine expected loss or profit from investing in Sligro Food over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Symbol
Sligro
Sligro Food '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 Sligro Food's pink sheet 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 Sligro Food.
0.00
12/12/2022
No Change 0.00
0.0
In 1 year 11 months and 22 days
12/01/2024
0.00
If you would invest 0.00 in Sligro Food on December 12, 2022 and sell it all today you would earn a total of 0.00 from holding Sligro Food Group or generate 0.0% return on investment in Sligro Food over 720 days.
Sligro Food 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 Sligro Food's pink sheet 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 Sligro Food Group upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sligro Food's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sligro Food's standard deviation. In reality, there are many statistical measures that can use Sligro Food historical prices to predict the future Sligro Food's volatility.
Sligro Food Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0721, which indicates the firm had a -0.0721% return per unit of risk over the last 3 months. Sligro Food Group exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sligro Food's Variance of 2.44, risk adjusted performance of (0.05), and Coefficient Of Variation of (1,397) to confirm the risk estimate we provide. The entity has a beta of 0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sligro Food's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sligro Food is expected to be smaller as well. At this point, Sligro Food Group has a negative expected return of -0.11%. Please make sure to validate Sligro Food's variance, skewness, as well as the relationship between the Skewness and day typical price , to decide if Sligro Food Group performance from the past will be repeated at some point in the near future.
Auto-correlation
0.70
Good predictability
Sligro Food Group has good predictability. Overlapping area represents the amount of predictability between Sligro Food time series from 12th of December 2022 to 7th of December 2023 and 7th of December 2023 to 1st 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 Sligro Food Group price movement. The serial correlation of 0.7 indicates that around 70.0% of current Sligro Food price fluctuation can be explain by its past prices.
Correlation Coefficient
0.7
Spearman Rank Test
0.69
Residual Average
0.0
Price Variance
2.68
Sligro Food Group lagged returns against current returns
Autocorrelation, which is Sligro Food pink sheet'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 Sligro Food's pink sheet expected returns. We can calculate the autocorrelation of Sligro Food returns to help us make a trade decision. For example, suppose you find that Sligro Food has exhibited high autocorrelation historically, and you observe that the pink sheet 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
Sligro Food 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 Sligro Food pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sligro Food pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sligro Food pink sheet over time.
Current vs Lagged Prices
Timeline
Sligro Food Lagged Returns
When evaluating Sligro Food's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sligro Food pink sheet have on its future price. Sligro Food 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, Sligro Food autocorrelation shows the relationship between Sligro Food pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sligro Food Group.