Spartan Delta Corp Stock Market Value
| DALXF Stock | USD 2.47 0.03 1.23% |
| Symbol | Spartan |
Spartan Delta '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 Spartan Delta's pink sheet 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 Spartan Delta.
| 08/29/2024 |
| 11/27/2024 |
If you would invest 0.00 in Spartan Delta on August 29, 2024 and sell it all today you would earn a total of 0.00 from holding Spartan Delta Corp or generate 0.0% return on investment in Spartan Delta over 90 days. Spartan Delta is related to or competes with Tamarack Valley, Headwater Exploration, Cardinal Energy, Kelt Exploration, and Surge Energy. Spartan Delta Corp. engages in the exploration, development, and production of petroleum and natural gas properties in t... More
Spartan Delta 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 Spartan Delta's pink sheet 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 Spartan Delta Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 17.13 | |||
| Value At Risk | (6.25) | |||
| Potential Upside | 4.36 |
Spartan Delta Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spartan Delta's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spartan Delta's standard deviation. In reality, there are many statistical measures that can use Spartan Delta historical prices to predict the future Spartan Delta's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.68) | |||
| Treynor Ratio | (2.91) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spartan Delta'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.
Spartan Delta Corp Backtested Returns
Spartan Delta Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0865, which indicates the firm had a -0.0865% return per unit of risk over the last 3 months. Spartan Delta Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Spartan Delta's Risk Adjusted Performance of (0.03), variance of 10.8, and Coefficient Of Variation of (2,135) to confirm the risk estimate we provide. The entity has a beta of 0.0563, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spartan Delta's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spartan Delta is expected to be smaller as well. At this point, Spartan Delta Corp has a negative expected return of -0.3%. Please make sure to validate Spartan Delta's standard deviation, kurtosis, relative strength index, as well as the relationship between the maximum drawdown and day median price , to decide if Spartan Delta Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.35 |
Below average predictability
Spartan Delta Corp has below average predictability. Overlapping area represents the amount of predictability between Spartan Delta time series from 29th of August 2024 to 13th of October 2024 and 13th of October 2024 to 27th of November 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 Spartan Delta Corp price movement. The serial correlation of 0.35 indicates that nearly 35.0% of current Spartan Delta price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.35 | |
| Spearman Rank Test | -0.14 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Spartan Delta Corp lagged returns against current returns
Autocorrelation, which is Spartan Delta pink sheet'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 Spartan Delta's pink sheet expected returns. We can calculate the autocorrelation of Spartan Delta returns to help us make a trade decision. For example, suppose you find that Spartan Delta has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Spartan Delta 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 Spartan Delta pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spartan Delta pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spartan Delta pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Spartan Delta Lagged Returns
When evaluating Spartan Delta's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spartan Delta pink sheet have on its future price. Spartan Delta 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, Spartan Delta autocorrelation shows the relationship between Spartan Delta pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Spartan Delta Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Spartan Pink Sheet
Spartan Delta financial ratios help investors to determine whether Spartan Pink Sheet 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 Spartan with respect to the benefits of owning Spartan Delta security.