SmarTone Telecommunicatio (Germany) Market Value
| SMA Stock | EUR 0.49 0.01 2.00% |
| Symbol | SmarTone |
SmarTone Telecommunicatio '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 SmarTone Telecommunicatio'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 SmarTone Telecommunicatio.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in SmarTone Telecommunicatio on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding SmarTone Telecommunications Holdings or generate 0.0% return on investment in SmarTone Telecommunicatio over 90 days. SmarTone Telecommunicatio is related to or competes with Pebblebrook Hotel, RYMAN HEALTHCAR, Cardinal Health, Acadia Healthcare, Summit Hotel, Phibro Animal, and Scandic Hotels. SmarTone Telecommunications Holdings Limited, an investment holding company, provides mobile telecommunication services ... More
SmarTone Telecommunicatio 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 SmarTone Telecommunicatio'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 SmarTone Telecommunications Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.4 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 8.0 | |||
| Value At Risk | (2.13) | |||
| Potential Upside | 2.17 |
SmarTone Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SmarTone Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SmarTone Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use SmarTone Telecommunicatio historical prices to predict the future SmarTone Telecommunicatio's volatility.| Risk Adjusted Performance | 0.0709 | |||
| Jensen Alpha | 0.0626 | |||
| Total Risk Alpha | (0.11) | |||
| Sortino Ratio | (0.01) | |||
| Treynor Ratio | 0.3723 |
SmarTone Telecommunicatio Backtested Returns
At this point, SmarTone Telecommunicatio is dangerous. SmarTone Telecommunicatio owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SmarTone Telecommunications Holdings, which you can use to evaluate the volatility of the company. Please validate SmarTone Telecommunicatio's Coefficient Of Variation of 1390.02, semi deviation of 1.08, and Risk Adjusted Performance of 0.0709 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. SmarTone Telecommunicatio has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.26, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SmarTone Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding SmarTone Telecommunicatio is expected to be smaller as well. SmarTone Telecommunicatio right now has a risk of 1.42%. Please validate SmarTone Telecommunicatio semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and standard deviation , to decide if SmarTone Telecommunicatio will be following its existing price patterns.
Auto-correlation | -0.04 |
Very weak reverse predictability
SmarTone Telecommunications Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between SmarTone Telecommunicatio time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th 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 SmarTone Telecommunicatio price movement. The serial correlation of -0.04 indicates that only as little as 4.0% of current SmarTone Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.04 | |
| Spearman Rank Test | 0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SmarTone Telecommunicatio lagged returns against current returns
Autocorrelation, which is SmarTone Telecommunicatio 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 SmarTone Telecommunicatio's stock expected returns. We can calculate the autocorrelation of SmarTone Telecommunicatio returns to help us make a trade decision. For example, suppose you find that SmarTone Telecommunicatio 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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SmarTone Telecommunicatio 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 SmarTone Telecommunicatio stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SmarTone Telecommunicatio stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SmarTone Telecommunicatio stock over time.
Current vs Lagged Prices |
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SmarTone Telecommunicatio Lagged Returns
When evaluating SmarTone Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SmarTone Telecommunicatio stock have on its future price. SmarTone Telecommunicatio 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, SmarTone Telecommunicatio autocorrelation shows the relationship between SmarTone Telecommunicatio stock current value and its past values and can show if there is a momentum factor associated with investing in SmarTone Telecommunications Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in SmarTone Stock
SmarTone Telecommunicatio financial ratios help investors to determine whether SmarTone 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 SmarTone with respect to the benefits of owning SmarTone Telecommunicatio security.