Sentry Select Primary Stock Market Value
| PME Stock | CAD 4.90 0.01 0.20% |
| Symbol | Sentry |
Sentry Select Primary Price To Book Ratio
Sentry Select '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 Sentry Select's 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 Sentry Select.
| 05/08/2024 |
| 12/29/2025 |
If you would invest 0.00 in Sentry Select on May 8, 2024 and sell it all today you would earn a total of 0.00 from holding Sentry Select Primary or generate 0.0% return on investment in Sentry Select over 600 days. Sentry Select is related to or competes with Delta Resources, Orecap Invest, Minnova Corp, GMV Minerals, Klondike Gold, and OnGold Resources. Sentry Select Primary Metals Corp. is an open ended equity mutual fund launched and managed by Sentry Investments Inc More
Sentry Select 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 Sentry Select's 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 Sentry Select Primary upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.36 | |||
| Information Ratio | 0.1688 | |||
| Maximum Drawdown | 10.95 | |||
| Value At Risk | (2.79) | |||
| Potential Upside | 3.68 |
Sentry Select Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sentry Select's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sentry Select's standard deviation. In reality, there are many statistical measures that can use Sentry Select historical prices to predict the future Sentry Select's volatility.| Risk Adjusted Performance | 0.1557 | |||
| Jensen Alpha | 0.3892 | |||
| Total Risk Alpha | 0.1946 | |||
| Sortino Ratio | 0.1388 | |||
| Treynor Ratio | 2.27 |
Sentry Select Primary Backtested Returns
Sentry Select appears to be somewhat reliable, given 3 months investment horizon. Sentry Select Primary owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.21, which indicates the firm had a 0.21 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sentry Select Primary, which you can use to evaluate the volatility of the company. Please review Sentry Select's Coefficient Of Variation of 469.99, semi deviation of 1.62, and Risk Adjusted Performance of 0.1557 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sentry Select holds a performance score of 17. The entity has a beta of 0.18, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sentry Select's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sentry Select is expected to be smaller as well. Please check Sentry Select's sortino ratio, semi variance, rate of daily change, as well as the relationship between the value at risk and kurtosis , to make a quick decision on whether Sentry Select's existing price patterns will revert.
Auto-correlation | 0.81 |
Very good predictability
Sentry Select Primary has very good predictability. Overlapping area represents the amount of predictability between Sentry Select time series from 8th of May 2024 to 4th of March 2025 and 4th of March 2025 to 29th of December 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 Sentry Select Primary price movement. The serial correlation of 0.81 indicates that around 81.0% of current Sentry Select price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.81 | |
| Spearman Rank Test | 0.89 | |
| Residual Average | 0.0 | |
| Price Variance | 0.45 |
Sentry Select Primary lagged returns against current returns
Autocorrelation, which is Sentry Select 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 Sentry Select's stock expected returns. We can calculate the autocorrelation of Sentry Select returns to help us make a trade decision. For example, suppose you find that Sentry Select 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 |
Sentry Select 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 Sentry Select stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sentry Select stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sentry Select stock over time.
Current vs Lagged Prices |
| Timeline |
Sentry Select Lagged Returns
When evaluating Sentry Select's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sentry Select stock have on its future price. Sentry Select 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, Sentry Select autocorrelation shows the relationship between Sentry Select stock current value and its past values and can show if there is a momentum factor associated with investing in Sentry Select Primary.
Regressed Prices |
| Timeline |
Pair Trading with Sentry Select
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sentry Select position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sentry Select will appreciate offsetting losses from the drop in the long position's value.Moving together with Sentry Stock
| 0.92 | AG | First Majestic Silver | PairCorr |
| 0.91 | ORE | Orezone Gold Corp | PairCorr |
| 0.68 | FDR | Flinders Resources Earnings Call Today | PairCorr |
| 0.64 | FDY | Faraday Copper Corp | PairCorr |
Moving against Sentry Stock
The ability to find closely correlated positions to Sentry Select could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sentry Select when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sentry Select - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sentry Select Primary to buy it.
The correlation of Sentry Select is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sentry Select moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sentry Select Primary moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sentry Select can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Sentry Stock
Sentry Select financial ratios help investors to determine whether Sentry Stock 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 Sentry with respect to the benefits of owning Sentry Select security.