Sccg Stock Market Value
| SCCG Stock | USD 21.28 0.52 2.50% |
| Symbol | SCCG |
SCCG Price To Book Ratio
Is Trading space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of SCCG. If investors know SCCG will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about SCCG listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of SCCG is measured differently than its book value, which is the value of SCCG that is recorded on the company's balance sheet. Investors also form their own opinion of SCCG's value that differs from its market value or its book value, called intrinsic value, which is SCCG's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SCCG's market value can be influenced by many factors that don't directly affect SCCG's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between SCCG's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCCG is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCCG's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
SCCG '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 SCCG'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 SCCG.
| 01/06/2023 |
| 11/26/2024 |
If you would invest 0.00 in SCCG on January 6, 2023 and sell it all today you would earn a total of 0.00 from holding SCCG or generate 0.0% return on investment in SCCG over 690 days. SCCG is related to or competes with Sachem Capital, Babcock Wilcox, B Riley, B Riley, and B Riley. SCCG is entity of United States. It is traded as Stock on NYSE MKT exchange. More
SCCG 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 SCCG'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 SCCG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.15) | |||
| Maximum Drawdown | 5.85 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.19 |
SCCG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCCG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCCG's standard deviation. In reality, there are many statistical measures that can use SCCG historical prices to predict the future SCCG's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.04) | |||
| Total Risk Alpha | (0.20) | |||
| Treynor Ratio | 22.88 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SCCG'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.
SCCG Backtested Returns
SCCG retains Efficiency (Sharpe Ratio) of -0.0408, which indicates the company had a -0.0408% return per unit of volatility over the last 3 months. SCCG exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SCCG's Mean Deviation of 0.6661, information ratio of (0.15), and Market Risk Adjusted Performance of 22.89 to confirm the risk estimate we provide. The firm owns a Beta (Systematic Risk) of -0.0018, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SCCG are expected to decrease at a much lower rate. During the bear market, SCCG is likely to outperform the market. At this point, SCCG has a negative expected return of -0.0429%. Please make sure to validate SCCG's total risk alpha, kurtosis, market facilitation index, as well as the relationship between the value at risk and rate of daily change , to decide if SCCG performance from the past will be repeated in the future.
Auto-correlation | 0.31 |
Below average predictability
SCCG has below average predictability. Overlapping area represents the amount of predictability between SCCG time series from 6th of January 2023 to 17th of December 2023 and 17th of December 2023 to 26th 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 SCCG price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current SCCG price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.44 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
SCCG lagged returns against current returns
Autocorrelation, which is SCCG 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 SCCG's stock expected returns. We can calculate the autocorrelation of SCCG returns to help us make a trade decision. For example, suppose you find that SCCG 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 |
SCCG 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 SCCG stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCCG stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCCG stock over time.
Current vs Lagged Prices |
| Timeline |
SCCG Lagged Returns
When evaluating SCCG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCCG stock have on its future price. SCCG 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, SCCG autocorrelation shows the relationship between SCCG stock current value and its past values and can show if there is a momentum factor associated with investing in SCCG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SCCG is a strong investment it is important to analyze SCCG's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SCCG's future performance. For an informed investment choice regarding SCCG Stock, refer to the following important reports:Check out SCCG Correlation, SCCG Volatility and SCCG Alpha and Beta module to complement your research on SCCG. For more detail on how to invest in SCCG Stock please use our How to Invest in SCCG guide.You can also try the Global Correlations module to find global opportunities by holding instruments from different markets.
SCCG technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.