Straits Tms (Singapore) Market Value

STI -  Singapore Index  

 3,241  49.87  1.56%

Straits Tms' market value is the price at which a share of Straits Tms stock trades on a public exchange. It measures the collective expectations of Straits Tms investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Straits Tms and determine expected loss or profit from investing in Straits Tms over a given investment horizon. Check out Straits Tms Hype Analysis, Straits Tms Correlation, Portfolio Optimization, Straits Tms Volatility, as well as analyze Straits Tms Alpha and Beta and Straits Tms Performance.
Symbol
Backtest

Please note, there is a significant difference between Straits Tms' value and its price as these two are different measures arrived at by different means. Investors typically determine Straits Tms value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Straits Tms' 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.

Straits Tms '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 Straits Tms' index 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 Straits Tms.
0.00
04/22/2022
No Change 0.00  0.0 
In 30 days
05/22/2022
0.00
If you would invest  0.00  in Straits Tms on April 22, 2022 and sell it all today you would earn a total of 0.00 from holding Straits Tms or generate 0.0% return on investment in Straits Tms over 30 days.

Straits Tms 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 Straits Tms' index 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 Straits Tms upside and downside potential and time the market with a certain degree of confidence.

Straits Tms Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Straits Tms' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Straits Tms' standard deviation. In reality, there are many statistical measures that can use Straits Tms historical prices to predict the future Straits Tms' volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Straits Tms' 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. Please use the tools below to analyze the current value of Straits Tms in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
3,2403,2413,242
Details
Intrinsic
Valuation
LowReal ValueHigh
2,9173,2693,270
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Straits Tms. Your research has to be compared to or analyzed against Straits Tms' peers to derive any actionable benefits. When done correctly, Straits Tms' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Straits Tms.

Straits Tms Backtested Returns

Straits Tms owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0812, which indicates the index had -0.0812% of return per unit of risk over the last 3 months. Macroaxis standpoint towards measuring the risk of any index is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Straits Tms exposes twenty-seven different technical indicators, which can help you to evaluate volatility that cannot be diversified away.
The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. Let's try to break down what Straits's beta means in this case. the returns on MARKET and Straits Tms are completely uncorrelated. Even though it is essential to pay attention to Straits Tms current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any index's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Straits Tms exposes twenty-seven different technical indicators, which can help you to evaluate its performance.

Auto-correlation

    
  -0.07  

Very weak reverse predictability

Straits Tms has very weak reverse predictability. Overlapping area represents the amount of predictability between Straits Tms time series from 22nd of April 2022 to 7th of May 2022 and 7th of May 2022 to 22nd of May 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Straits Tms price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Straits Tms price fluctuation can be explain by its past prices.
Correlation Coefficient-0.07
Spearman Rank Test0.35
Residual Average0.0
Price Variance916.1

Straits Tms lagged returns against current returns

Autocorrelation, which is Straits Tms index'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 Straits Tms' index expected returns. We can calculate the autocorrelation of Straits Tms returns to help us make a trade decision. For example, suppose you find that Straits Tms index 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 stock movement to match the lagging time series.
 Current and Lagged Values 
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      Timeline 

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

Straits Tms Lagged Returns

When evaluating Straits Tms' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Straits Tms index have on its future price. Straits Tms 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, Straits Tms autocorrelation shows the relationship between Straits Tms index current value and its past values and can show if there is a momentum factor associated with investing in Straits Tms.
 Regressed Prices 
Share
      Timeline 

Straits Tms Investors Sentiment

The influence of Straits Tms' investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Straits. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
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 Straits Tms 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, Straits Tms' short interest history, or implied volatility extrapolated from Straits Tms options trading.

Current Sentiment - STI

Straits Tms Investor Sentiment

Most of Macroaxis investors are at this time bullish on Straits Tms. What is your outlook on investing in Singapore companies? Are you bullish or bearish on Straits Tms?
Bullish
Bearish
98% Bullish
2% Bearish
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Check out Straits Tms Hype Analysis, Straits Tms Correlation, Portfolio Optimization, Straits Tms Volatility, as well as analyze Straits Tms Alpha and Beta and Straits Tms Performance. Note that the Straits Tms information on this page should be used as a complementary analysis to other Straits Tms' 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 Bond Directory module to find actively traded corporate debentures issued by US companies.

Other Tools for Straits Index

When running Straits Tms price analysis, check to measure Straits Tms' 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 Straits Tms is operating at the current time. Most of Straits Tms' value examination focuses on studying past and present price action to predict the probability of Straits Tms' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Straits Tms' price. Additionally, you may evaluate how the addition of Straits Tms to your portfolios can decrease your overall portfolio volatility.
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