SpaceandPeople Plc (UK) Market Value
| SAL Stock | 130.00 10.00 8.33% |
| Symbol | SpaceandPeople |
SpaceandPeople Plc '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 SpaceandPeople Plc'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 SpaceandPeople Plc.
| 04/20/2025 |
| 07/19/2025 |
If you would invest 0.00 in SpaceandPeople Plc on April 20, 2025 and sell it all today you would earn a total of 0.00 from holding SpaceandPeople Plc or generate 0.0% return on investment in SpaceandPeople Plc over 90 days. SpaceandPeople Plc is related to or competes with Baker Steel, Tetragon Financial, UNIQA Insurance, Bank of Ireland, Erste Group, Regions Financial, and Raymond James. SpaceandPeople Plc is entity of United Kingdom More
SpaceandPeople Plc 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 SpaceandPeople Plc'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 SpaceandPeople Plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.12 | |||
| Information Ratio | 0.0802 | |||
| Maximum Drawdown | 32.37 | |||
| Value At Risk | (3.47) | |||
| Potential Upside | 6.52 |
SpaceandPeople Plc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SpaceandPeople Plc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SpaceandPeople Plc's standard deviation. In reality, there are many statistical measures that can use SpaceandPeople Plc historical prices to predict the future SpaceandPeople Plc's volatility.| Risk Adjusted Performance | 0.1165 | |||
| Jensen Alpha | 0.3668 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | 0.0605 | |||
| Treynor Ratio | 0.7795 |
SpaceandPeople Plc Backtested Returns
SpaceandPeople Plc appears to be very steady, given 3 months investment horizon. SpaceandPeople Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of risk over the last 3 months. By inspecting SpaceandPeople Plc's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review SpaceandPeople Plc's Semi Deviation of 1.5, risk adjusted performance of 0.1165, and Coefficient Of Variation of 857.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SpaceandPeople Plc holds a performance score of 10. The entity has a beta of 0.57, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SpaceandPeople Plc's returns are expected to increase less than the market. However, during the bear market, the loss of holding SpaceandPeople Plc is expected to be smaller as well. Please check SpaceandPeople Plc's total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to make a quick decision on whether SpaceandPeople Plc's existing price patterns will revert.
Auto-correlation | 0.06 |
Virtually no predictability
SpaceandPeople Plc has virtually no predictability. Overlapping area represents the amount of predictability between SpaceandPeople Plc time series from 20th of April 2025 to 4th of June 2025 and 4th of June 2025 to 19th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SpaceandPeople Plc price movement. The serial correlation of 0.06 indicates that barely 6.0% of current SpaceandPeople Plc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.06 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 3.89 |
SpaceandPeople Plc lagged returns against current returns
Autocorrelation, which is SpaceandPeople Plc 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 SpaceandPeople Plc's stock expected returns. We can calculate the autocorrelation of SpaceandPeople Plc returns to help us make a trade decision. For example, suppose you find that SpaceandPeople Plc 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 |
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SpaceandPeople Plc 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 SpaceandPeople Plc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SpaceandPeople Plc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SpaceandPeople Plc stock over time.
Current vs Lagged Prices |
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SpaceandPeople Plc Lagged Returns
When evaluating SpaceandPeople Plc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SpaceandPeople Plc stock have on its future price. SpaceandPeople Plc 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, SpaceandPeople Plc autocorrelation shows the relationship between SpaceandPeople Plc stock current value and its past values and can show if there is a momentum factor associated with investing in SpaceandPeople Plc.
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.Other Information on Investing in SpaceandPeople Stock
SpaceandPeople Plc financial ratios help investors to determine whether SpaceandPeople 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 SpaceandPeople with respect to the benefits of owning SpaceandPeople Plc security.