Sodexo Pk Stock Market Value
| SDXAY Stock | USD 16.84 0.19 1.14% |
| Symbol | Sodexo |
Sodexo PK '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 Sodexo PK'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 Sodexo PK.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in Sodexo PK on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding Sodexo PK or generate 0.0% return on investment in Sodexo PK over 30 days. Sodexo PK is related to or competes with Alsea SAB, Marstons PLC, Dominos Pizza, and Marstons PLC. Sodexo S.A. develops, manages, and delivers on-site, benefits and rewards, and personal and home services worldwide More
Sodexo PK 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 Sodexo PK'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 Sodexo PK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.28 | |||
| Value At Risk | (1.54) | |||
| Potential Upside | 2.09 |
Sodexo PK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sodexo PK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sodexo PK's standard deviation. In reality, there are many statistical measures that can use Sodexo PK historical prices to predict the future Sodexo PK's volatility.| Risk Adjusted Performance | 0.0051 | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sodexo PK's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sodexo PK Backtested Returns
We consider Sodexo PK very steady. Sodexo PK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0595, which indicates the firm had a 0.0595% return per unit of risk over the last 3 months. We have found twenty-two technical indicators for Sodexo PK, which you can use to evaluate the volatility of the company. Please validate Sodexo PK's Coefficient Of Variation of (154,080), variance of 1.85, and Risk Adjusted Performance of 0.0051 to confirm if the risk estimate we provide is consistent with the expected return of 0.0805%. Sodexo PK has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sodexo PK's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sodexo PK is expected to be smaller as well. Sodexo PK right now has a risk of 1.35%. Please validate Sodexo PK coefficient of variation, maximum drawdown, as well as the relationship between the Maximum Drawdown and rate of daily change , to decide if Sodexo PK will be following its existing price patterns.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Sodexo PK has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sodexo PK time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th of April 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 Sodexo PK price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Sodexo PK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Sodexo PK lagged returns against current returns
Autocorrelation, which is Sodexo PK 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 Sodexo PK's pink sheet expected returns. We can calculate the autocorrelation of Sodexo PK returns to help us make a trade decision. For example, suppose you find that Sodexo PK 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 |
Sodexo PK 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 Sodexo PK pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sodexo PK pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sodexo PK pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sodexo PK Lagged Returns
When evaluating Sodexo PK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sodexo PK pink sheet have on its future price. Sodexo PK 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, Sodexo PK autocorrelation shows the relationship between Sodexo PK pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sodexo PK.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sodexo PK in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sodexo PK's short interest history, or implied volatility extrapolated from Sodexo PK options trading.
Currently Active Assets on Macroaxis
Check out Sodexo PK Correlation, Sodexo PK Volatility and Sodexo PK Alpha and Beta module to complement your research on Sodexo PK. Note that the Sodexo PK information on this page should be used as a complementary analysis to other Sodexo PK's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Complementary Tools for Sodexo Pink Sheet analysis
When running Sodexo PK's price analysis, check to measure Sodexo PK'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 Sodexo PK is operating at the current time. Most of Sodexo PK's value examination focuses on studying past and present price action to predict the probability of Sodexo PK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sodexo PK's price. Additionally, you may evaluate how the addition of Sodexo PK to your portfolios can decrease your overall portfolio volatility.
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Sodexo PK technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.