Sino American Oil Stock Market Value
Sino American's market value is the price at which a share of Sino American trades on a public exchange. It measures the collective expectations of Sino American Oil investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Sino American Oil and determine expected loss or profit from investing in Sino American over a given investment horizon. Check out Sino American Correlation, Sino American Volatility and Sino American Alpha and Beta module to complement your research on Sino American.
| Symbol | Sino |
Sino American '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 Sino American'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 Sino American.
| 01/12/2023 |
| 12/02/2024 |
If you would invest 0.00 in Sino American on January 12, 2023 and sell it all today you would earn a total of 0.00 from holding Sino American Oil or generate 0.0% return on investment in Sino American over 690 days. Sino American is related to or competes with Pantheon Resources, and Brookside Energy. Sino American Oil Company, a development stage company, engages in the exploration, development, and production of oil a... More
Sino American 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 Sino American'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 Sino American Oil upside and downside potential and time the market with a certain degree of confidence.
Sino American Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sino American's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sino American's standard deviation. In reality, there are many statistical measures that can use Sino American historical prices to predict the future Sino American's volatility.Sino American Oil Backtested Returns
We have found zero technical indicators for Sino American Oil, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sino American are completely uncorrelated.
Auto-correlation | 0.71 |
Good predictability
Sino American Oil has good predictability. Overlapping area represents the amount of predictability between Sino American time series from 12th of January 2023 to 23rd of December 2023 and 23rd of December 2023 to 2nd of December 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 Sino American Oil price movement. The serial correlation of 0.71 indicates that around 71.0% of current Sino American price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.71 | |
| Spearman Rank Test | 0.43 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sino American Oil lagged returns against current returns
Autocorrelation, which is Sino American 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 Sino American's pink sheet expected returns. We can calculate the autocorrelation of Sino American returns to help us make a trade decision. For example, suppose you find that Sino American 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 |
Sino American 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 Sino American pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sino American pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sino American pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sino American Lagged Returns
When evaluating Sino American's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sino American pink sheet have on its future price. Sino American 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, Sino American autocorrelation shows the relationship between Sino American pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sino American Oil.
Regressed Prices |
| Timeline |
Also Currently Popular
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 Sino Pink Sheet Analysis
When running Sino American's price analysis, check to measure Sino American's 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 Sino American is operating at the current time. Most of Sino American's value examination focuses on studying past and present price action to predict the probability of Sino American's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sino American's price. Additionally, you may evaluate how the addition of Sino American to your portfolios can decrease your overall portfolio volatility.