Scottish American (UK) Market Value
| SAIN Stock | 515.00 8.00 1.58% |
| Symbol | Scottish |
Scottish American '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 Scottish American'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 Scottish American.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Scottish American on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Scottish American Investment or generate 0.0% return on investment in Scottish American over 30 days. Scottish American is related to or competes with Toyota, SoftBank Group, OTP Bank, Las Vegas, Yum Brands, Digital Realty, and Axon Enterprise. Scottish American is entity of United Kingdom More
Scottish American 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 Scottish American'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 Scottish American Investment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.7907 | |||
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 2.97 | |||
| Value At Risk | (1.17) | |||
| Potential Upside | 1.58 |
Scottish American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scottish American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scottish American's standard deviation. In reality, there are many statistical measures that can use Scottish American historical prices to predict the future Scottish American's volatility.| Risk Adjusted Performance | 0.0254 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.14) | |||
| Treynor Ratio | 0.0566 |
Scottish American Backtested Returns
Currently, Scottish American Investment is very steady. Scottish American owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0291, which indicates the firm had a 0.0291% return per unit of risk over the last 3 months. We have found thirty technical indicators for Scottish American Investment, which you can use to evaluate the volatility of the company. Please validate Scottish American's Risk Adjusted Performance of 0.0254, semi deviation of 0.6682, and Coefficient Of Variation of 3040.07 to confirm if the risk estimate we provide is consistent with the expected return of 0.0229%. Scottish American has a performance score of 2 on a scale of 0 to 100. The entity has a beta of 0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Scottish American's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scottish American is expected to be smaller as well. Scottish American right now has a risk of 0.79%. Please validate Scottish American treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to decide if Scottish American will be following its existing price patterns.
Auto-correlation | 0.56 |
Modest predictability
Scottish American Investment has modest predictability. Overlapping area represents the amount of predictability between Scottish American time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 Scottish American price movement. The serial correlation of 0.56 indicates that roughly 56.0% of current Scottish American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.56 | |
| Spearman Rank Test | 0.71 | |
| Residual Average | 0.0 | |
| Price Variance | 23.33 |
Scottish American lagged returns against current returns
Autocorrelation, which is Scottish American 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 Scottish American's stock expected returns. We can calculate the autocorrelation of Scottish American returns to help us make a trade decision. For example, suppose you find that Scottish American 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 |
Scottish American 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 Scottish American stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scottish American stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scottish American stock over time.
Current vs Lagged Prices |
| Timeline |
Scottish American Lagged Returns
When evaluating Scottish American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scottish American stock have on its future price. Scottish American 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, Scottish American autocorrelation shows the relationship between Scottish American stock current value and its past values and can show if there is a momentum factor associated with investing in Scottish American Investment.
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.Additional Tools for Scottish Stock Analysis
When running Scottish American's price analysis, check to measure Scottish American's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Scottish American is operating at the current time. Most of Scottish American's value examination focuses on studying past and present price action to predict the probability of Scottish American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scottish American's price. Additionally, you may evaluate how the addition of Scottish American to your portfolios can decrease your overall portfolio volatility.