Spartan Delta Corp Stock Market Value
| DALXF Stock | USD 2.66 0.05 1.85% |
| 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.
| 01/02/2025 |
| 02/01/2025 |
If you would invest 0.00 in Spartan Delta on January 2, 2025 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 30 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.
| Downside Deviation | 3.39 | |||
| Information Ratio | 0.028 | |||
| Maximum Drawdown | 13.53 | |||
| Value At Risk | (4.44) | |||
| Potential Upside | 4.12 |
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 | 0.0541 | |||
| Jensen Alpha | 0.108 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.0229 | |||
| Treynor Ratio | 0.2615 |
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
At this point, Spartan Delta is risky. Spartan Delta Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0486, which indicates the firm had a 0.0486 % return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Spartan Delta Corp, which you can use to evaluate the volatility of the company. Please validate Spartan Delta's Coefficient Of Variation of 1778.56, semi deviation of 2.74, and Risk Adjusted Performance of 0.0541 to confirm if the risk estimate we provide is consistent with the expected return of 0.14%. Spartan Delta has a performance score of 3 on a scale of 0 to 100. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. 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. Spartan Delta Corp right now has a risk of 2.83%. Please validate Spartan Delta value at risk, daily balance of power, and the relationship between the total risk alpha and expected short fall , to decide if Spartan Delta will be following its existing price patterns.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Spartan Delta Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Spartan Delta time series from 2nd of January 2025 to 17th of January 2025 and 17th of January 2025 to 1st of February 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 Spartan Delta Corp price movement. The serial correlation of -0.18 indicates that over 18.0% of current Spartan Delta price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
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 |
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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.