Sumo Resources (France) Market Value
| MLSUM Stock | EUR 0 0.00 0.00% |
| Symbol | Sumo |
Sumo Resources '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 Sumo Resources' 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 Sumo Resources.
| 06/08/2023 |
| 11/29/2024 |
If you would invest 0.00 in Sumo Resources on June 8, 2023 and sell it all today you would earn a total of 0.00 from holding Sumo Resources PLC or generate 0.0% return on investment in Sumo Resources over 540 days. Sumo Resources is related to or competes with FIPP SA, Roctool, Lexibook Linguistic, Witbe Net, and Groupe JAJ. Sumo Resources Plc, through its subsidiaries, engages in mining and trading minerals primarily in Africa More
Sumo Resources 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 Sumo Resources' 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 Sumo Resources PLC upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 36.47 | |||
| Information Ratio | 0.0819 | |||
| Maximum Drawdown | 161.11 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 22.22 |
Sumo Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sumo Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sumo Resources' standard deviation. In reality, there are many statistical measures that can use Sumo Resources historical prices to predict the future Sumo Resources' volatility.| Risk Adjusted Performance | 0.0765 | |||
| Jensen Alpha | 1.66 | |||
| Total Risk Alpha | (1.51) | |||
| Sortino Ratio | 0.0532 | |||
| Treynor Ratio | 0.6072 |
Sumo Resources PLC Backtested Returns
Sumo Resources is out of control given 3 months investment horizon. Sumo Resources PLC owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0952, which indicates the firm had a 0.0952% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-four different technical indicators, which can help you to evaluate if expected returns of 2.29% are justified by taking the suggested risk. Use Sumo Resources PLC Coefficient Of Variation of 1147.34, semi deviation of 11.74, and Risk Adjusted Performance of 0.0765 to evaluate company specific risk that cannot be diversified away. Sumo Resources holds a performance score of 7 on a scale of zero to a hundred. The entity has a beta of 3.38, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sumo Resources will likely underperform. Use Sumo Resources PLC maximum drawdown, as well as the relationship between the expected short fall and day typical price , to analyze future returns on Sumo Resources PLC.
Auto-correlation | 0.00 |
No correlation between past and present
Sumo Resources PLC has no correlation between past and present. Overlapping area represents the amount of predictability between Sumo Resources time series from 8th of June 2023 to 4th of March 2024 and 4th of March 2024 to 29th 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 Sumo Resources PLC price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sumo Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sumo Resources PLC lagged returns against current returns
Autocorrelation, which is Sumo Resources 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 Sumo Resources' stock expected returns. We can calculate the autocorrelation of Sumo Resources returns to help us make a trade decision. For example, suppose you find that Sumo Resources 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 |
Sumo Resources 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 Sumo Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sumo Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sumo Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Sumo Resources Lagged Returns
When evaluating Sumo Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sumo Resources stock have on its future price. Sumo Resources 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, Sumo Resources autocorrelation shows the relationship between Sumo Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Sumo Resources PLC.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for Sumo Stock Analysis
When running Sumo Resources' price analysis, check to measure Sumo Resources' 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 Sumo Resources is operating at the current time. Most of Sumo Resources' value examination focuses on studying past and present price action to predict the probability of Sumo Resources' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sumo Resources' price. Additionally, you may evaluate how the addition of Sumo Resources to your portfolios can decrease your overall portfolio volatility.