Smartpay Holdings (Australia) Market Value
| SMP Stock | 1.03 0.01 0.98% |
| Symbol | Smartpay |
Smartpay Holdings '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 Smartpay Holdings' 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 Smartpay Holdings.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Smartpay Holdings on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Smartpay Holdings or generate 0.0% return on investment in Smartpay Holdings over 90 days. Smartpay Holdings is related to or competes with Liberty Financial, Microequities Asset, Platinum Asset, Insurance Australia, BNK Banking, COG Financial, and G8 Education. Smartpay Holdings is entity of Australia More
Smartpay Holdings 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 Smartpay Holdings' 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 Smartpay Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.28 | |||
| Information Ratio | 0.1076 | |||
| Maximum Drawdown | 25.49 | |||
| Value At Risk | (3.12) | |||
| Potential Upside | 3.26 |
Smartpay Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Smartpay Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Smartpay Holdings' standard deviation. In reality, there are many statistical measures that can use Smartpay Holdings historical prices to predict the future Smartpay Holdings' volatility.| Risk Adjusted Performance | 0.1473 | |||
| Jensen Alpha | 0.4857 | |||
| Total Risk Alpha | 0.005 | |||
| Sortino Ratio | 0.1613 | |||
| Treynor Ratio | 3.67 |
Smartpay Holdings Backtested Returns
Smartpay Holdings appears to be dangerous, given 3 months investment horizon. Smartpay Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.16, which indicates the firm had a 0.16 % return per unit of risk over the last 3 months. By inspecting Smartpay Holdings' technical indicators, you can evaluate if the expected return of 0.56% is justified by implied risk. Please review Smartpay Holdings' Coefficient Of Variation of 665.47, semi deviation of 1.33, and Risk Adjusted Performance of 0.1473 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Smartpay Holdings holds a performance score of 12. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Smartpay Holdings' returns are expected to increase less than the market. However, during the bear market, the loss of holding Smartpay Holdings is expected to be smaller as well. Please check Smartpay Holdings' semi deviation, coefficient of variation, jensen alpha, as well as the relationship between the downside deviation and information ratio , to make a quick decision on whether Smartpay Holdings' existing price patterns will revert.
Auto-correlation | 0.83 |
Very good predictability
Smartpay Holdings has very good predictability. Overlapping area represents the amount of predictability between Smartpay Holdings time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd 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 Smartpay Holdings price movement. The serial correlation of 0.83 indicates that around 83.0% of current Smartpay Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.83 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Smartpay Holdings lagged returns against current returns
Autocorrelation, which is Smartpay Holdings 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 Smartpay Holdings' stock expected returns. We can calculate the autocorrelation of Smartpay Holdings returns to help us make a trade decision. For example, suppose you find that Smartpay Holdings 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 |
Smartpay Holdings 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 Smartpay Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Smartpay Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Smartpay Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Smartpay Holdings Lagged Returns
When evaluating Smartpay Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Smartpay Holdings stock have on its future price. Smartpay Holdings 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, Smartpay Holdings autocorrelation shows the relationship between Smartpay Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Smartpay Holdings.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Smartpay Stock Analysis
When running Smartpay Holdings' price analysis, check to measure Smartpay Holdings' 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 Smartpay Holdings is operating at the current time. Most of Smartpay Holdings' value examination focuses on studying past and present price action to predict the probability of Smartpay Holdings' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Smartpay Holdings' price. Additionally, you may evaluate how the addition of Smartpay Holdings to your portfolios can decrease your overall portfolio volatility.