Sampo Oyj (Finland) Market Value
| SAMPO Stock | EUR 38.04 0.23 0.61% |
| Symbol | Sampo |
Sampo Oyj '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 Sampo Oyj'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 Sampo Oyj.
| 03/28/2024 |
| 04/27/2024 |
If you would invest 0.00 in Sampo Oyj on March 28, 2024 and sell it all today you would earn a total of 0.00 from holding Sampo Oyj A or generate 0.0% return on investment in Sampo Oyj over 30 days. Sampo Oyj is related to or competes with Lemonsoft Oyj, Enento Group, Nordea Bank, Terveystalo, Siili Solutions, Huhtamaki Oyj, and Telefonaktiebolaget. Sampo Oyj, through its subsidiaries, provides life and non-life insurance products and services in Finland, Sweden, Norw... More
Sampo Oyj 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 Sampo Oyj'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 Sampo Oyj A upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9025 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 4.89 | |||
| Value At Risk | (1.89) | |||
| Potential Upside | 1.24 |
Sampo Oyj Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sampo Oyj's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sampo Oyj's standard deviation. In reality, there are many statistical measures that can use Sampo Oyj historical prices to predict the future Sampo Oyj's volatility.| Risk Adjusted Performance | 0.0402 | |||
| Jensen Alpha | 0.0292 | |||
| Total Risk Alpha | (0.07) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | 0.2621 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sampo Oyj'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.
Sampo Oyj A Backtested Returns
We consider Sampo Oyj very steady. Sampo Oyj A owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0617, which indicates the firm had a 0.0617% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sampo Oyj A, which you can use to evaluate the volatility of the company. Please validate Sampo Oyj's Risk Adjusted Performance of 0.0402, semi deviation of 0.8427, and Coefficient Of Variation of 1666.49 to confirm if the risk estimate we provide is consistent with the expected return of 0.0548%. Sampo Oyj has a performance score of 4 on a scale of 0 to 100. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sampo Oyj's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sampo Oyj is expected to be smaller as well. Sampo Oyj A right now has a risk of 0.89%. Please validate Sampo Oyj maximum drawdown, as well as the relationship between the expected short fall and rate of daily change , to decide if Sampo Oyj will be following its existing price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Sampo Oyj A has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sampo Oyj time series from 28th of March 2024 to 12th of April 2024 and 12th of April 2024 to 27th 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 Sampo Oyj A price movement. The serial correlation of -0.18 indicates that over 18.0% of current Sampo Oyj price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Sampo Oyj A lagged returns against current returns
Autocorrelation, which is Sampo Oyj 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 Sampo Oyj's stock expected returns. We can calculate the autocorrelation of Sampo Oyj returns to help us make a trade decision. For example, suppose you find that Sampo Oyj 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 |
Sampo Oyj 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 Sampo Oyj stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sampo Oyj stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sampo Oyj stock over time.
Current vs Lagged Prices |
| Timeline |
Sampo Oyj Lagged Returns
When evaluating Sampo Oyj's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sampo Oyj stock have on its future price. Sampo Oyj 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, Sampo Oyj autocorrelation shows the relationship between Sampo Oyj stock current value and its past values and can show if there is a momentum factor associated with investing in Sampo Oyj A.
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 Sampo Oyj 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, Sampo Oyj's short interest history, or implied volatility extrapolated from Sampo Oyj options trading.
Currently Active Assets on Macroaxis
Check out Sampo Oyj Correlation, Sampo Oyj Volatility and Sampo Oyj Alpha and Beta module to complement your research on Sampo Oyj. You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Complementary Tools for Sampo Stock analysis
When running Sampo Oyj's price analysis, check to measure Sampo Oyj'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 Sampo Oyj is operating at the current time. Most of Sampo Oyj's value examination focuses on studying past and present price action to predict the probability of Sampo Oyj's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sampo Oyj's price. Additionally, you may evaluate how the addition of Sampo Oyj to your portfolios can decrease your overall portfolio volatility.
| Equity Analysis Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities | |
| Piotroski F Score Get Piotroski F Score based on the binary analysis strategy of nine different fundamentals | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Stock Tickers Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites | |
| Idea Breakdown Analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes | |
| Portfolio Volatility Check portfolio volatility and analyze historical return density to properly model market risk | |
| Idea Optimizer Use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio | |
| Stocks Directory Find actively traded stocks across global markets |
Sampo Oyj technical stock 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, stock market cycles, or different charting patterns.