Singapore Exchange Stock Market Value

SPXCY Stock  USD 102.47  1.29  1.24%   
Singapore Exchange's market value is the price at which a share of Singapore Exchange trades on a public exchange. It measures the collective expectations of Singapore Exchange investors about its performance. Singapore Exchange is trading at 102.47 as of the 28th of March 2024; that is -1.24 percent down since the beginning of the trading day. The stock's open price was 103.76.
With this module, you can estimate the performance of a buy and hold strategy of Singapore Exchange and determine expected loss or profit from investing in Singapore Exchange over a given investment horizon. Check out Singapore Exchange Correlation, Singapore Exchange Volatility and Singapore Exchange Alpha and Beta module to complement your research on Singapore Exchange.
Symbol

Please note, there is a significant difference between Singapore Exchange's value and its price as these two are different measures arrived at by different means. Investors typically determine if Singapore Exchange is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Singapore Exchange's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Singapore Exchange '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 Singapore Exchange'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 Singapore Exchange.
0.00
02/27/2024
No Change 0.00  0.0 
In 31 days
03/28/2024
0.00
If you would invest  0.00  in Singapore Exchange on February 27, 2024 and sell it all today you would earn a total of 0.00 from holding Singapore Exchange or generate 0.0% return on investment in Singapore Exchange over 30 days. Singapore Exchange is related to or competes with BBB Foods, Ambev SA, Fresh Grapes, Fevertree Drinks, Sea, CDW Corp, and Fomento Economico. Singapore Exchange Limited, together with its subsidiaries, operates as an integrated securities and derivatives exchang... More

Singapore Exchange 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 Singapore Exchange'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 Singapore Exchange upside and downside potential and time the market with a certain degree of confidence.

Singapore Exchange Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Singapore Exchange's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Singapore Exchange's standard deviation. In reality, there are many statistical measures that can use Singapore Exchange historical prices to predict the future Singapore Exchange's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Singapore Exchange'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.
Hype
Prediction
LowEstimatedHigh
101.28102.47103.66
Details
Intrinsic
Valuation
LowRealHigh
92.22103.92105.11
Details
Naive
Forecast
LowNextHigh
99.85101.04102.23
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
101.87105.15108.43
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Singapore Exchange. Your research has to be compared to or analyzed against Singapore Exchange's peers to derive any actionable benefits. When done correctly, Singapore Exchange's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Singapore Exchange.

Singapore Exchange Backtested Returns

Singapore Exchange owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0993, which indicates the firm had a -0.0993% return per unit of risk over the last 3 months. Singapore Exchange exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Singapore Exchange's Variance of 1.42, coefficient of variation of (1,007), and Risk Adjusted Performance of (0.05) to confirm the risk estimate we provide. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Singapore Exchange's returns are expected to increase less than the market. However, during the bear market, the loss of holding Singapore Exchange is expected to be smaller as well. Singapore Exchange has an expected return of -0.12%. Please make sure to validate Singapore Exchange treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Singapore Exchange performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  -0.16  

Insignificant reverse predictability

Singapore Exchange has insignificant reverse predictability. Overlapping area represents the amount of predictability between Singapore Exchange time series from 27th of February 2024 to 13th of March 2024 and 13th of March 2024 to 28th of March 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 Singapore Exchange price movement. The serial correlation of -0.16 indicates that over 16.0% of current Singapore Exchange price fluctuation can be explain by its past prices.
Correlation Coefficient-0.16
Spearman Rank Test-0.01
Residual Average0.0
Price Variance3.98

Singapore Exchange lagged returns against current returns

Autocorrelation, which is Singapore Exchange 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 Singapore Exchange's pink sheet expected returns. We can calculate the autocorrelation of Singapore Exchange returns to help us make a trade decision. For example, suppose you find that Singapore Exchange 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  

Singapore Exchange 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 Singapore Exchange pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Singapore Exchange pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Singapore Exchange pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

Singapore Exchange Lagged Returns

When evaluating Singapore Exchange's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Singapore Exchange pink sheet have on its future price. Singapore Exchange 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, Singapore Exchange autocorrelation shows the relationship between Singapore Exchange pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Singapore Exchange.
   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 Singapore Exchange 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, Singapore Exchange's short interest history, or implied volatility extrapolated from Singapore Exchange options trading.

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Check out Singapore Exchange Correlation, Singapore Exchange Volatility and Singapore Exchange Alpha and Beta module to complement your research on Singapore Exchange.
Note that the Singapore Exchange information on this page should be used as a complementary analysis to other Singapore Exchange'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 Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.

Complementary Tools for Singapore Pink Sheet analysis

When running Singapore Exchange's price analysis, check to measure Singapore Exchange'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 Singapore Exchange is operating at the current time. Most of Singapore Exchange's value examination focuses on studying past and present price action to predict the probability of Singapore Exchange's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Singapore Exchange's price. Additionally, you may evaluate how the addition of Singapore Exchange to your portfolios can decrease your overall portfolio volatility.
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Singapore Exchange 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.
A focus of Singapore Exchange technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Singapore Exchange trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...