Scancell Hldgs (UK) Market Value
| SCLP Stock | 10.75 0.10 0.92% |
| Symbol | Scancell |
Scancell Hldgs '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 Scancell Hldgs' 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 Scancell Hldgs.
| 11/18/2024 |
| 12/18/2024 |
If you would invest 0.00 in Scancell Hldgs on November 18, 2024 and sell it all today you would earn a total of 0.00 from holding Scancell Hldgs Plc or generate 0.0% return on investment in Scancell Hldgs over 30 days. Scancell Hldgs is related to or competes with Blackrock World, CleanTech Lithium, Eastinco Mining, Scandic Hotels, Invesco Physical, Intermediate Capital, and LBG Media. Scancell Hldgs is entity of United Kingdom More
Scancell Hldgs 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 Scancell Hldgs' 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 Scancell Hldgs Plc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 26.81 | |||
| Value At Risk | (5.66) | |||
| Potential Upside | 7.14 |
Scancell Hldgs Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scancell Hldgs' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scancell Hldgs' standard deviation. In reality, there are many statistical measures that can use Scancell Hldgs historical prices to predict the future Scancell Hldgs' volatility.| Risk Adjusted Performance | (0.1) | |||
| Jensen Alpha | (0.54) | |||
| Total Risk Alpha | (0.87) | |||
| Treynor Ratio | 1.11 |
Scancell Hldgs Plc Backtested Returns
Scancell Hldgs Plc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Scancell Hldgs Plc exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scancell Hldgs' Coefficient Of Variation of (676.32), variance of 14.35, and Risk Adjusted Performance of (0.1) to confirm the risk estimate we provide. The entity has a beta of -0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Scancell Hldgs are expected to decrease at a much lower rate. During the bear market, Scancell Hldgs is likely to outperform the market. At this point, Scancell Hldgs Plc has a negative expected return of -0.42%. Please make sure to validate Scancell Hldgs' coefficient of variation, information ratio, total risk alpha, as well as the relationship between the standard deviation and jensen alpha , to decide if Scancell Hldgs Plc performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.73 |
Good predictability
Scancell Hldgs Plc has good predictability. Overlapping area represents the amount of predictability between Scancell Hldgs time series from 18th of November 2024 to 3rd of December 2024 and 3rd of December 2024 to 18th 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 Scancell Hldgs Plc price movement. The serial correlation of 0.73 indicates that around 73.0% of current Scancell Hldgs price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 0.76 |
Scancell Hldgs Plc lagged returns against current returns
Autocorrelation, which is Scancell Hldgs 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 Scancell Hldgs' stock expected returns. We can calculate the autocorrelation of Scancell Hldgs returns to help us make a trade decision. For example, suppose you find that Scancell Hldgs 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 |
Scancell Hldgs 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 Scancell Hldgs stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scancell Hldgs stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scancell Hldgs stock over time.
Current vs Lagged Prices |
| Timeline |
Scancell Hldgs Lagged Returns
When evaluating Scancell Hldgs' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scancell Hldgs stock have on its future price. Scancell Hldgs 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, Scancell Hldgs autocorrelation shows the relationship between Scancell Hldgs stock current value and its past values and can show if there is a momentum factor associated with investing in Scancell Hldgs 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 Scancell Stock Analysis
When running Scancell Hldgs' price analysis, check to measure Scancell Hldgs' 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 Scancell Hldgs is operating at the current time. Most of Scancell Hldgs' value examination focuses on studying past and present price action to predict the probability of Scancell Hldgs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Scancell Hldgs' price. Additionally, you may evaluate how the addition of Scancell Hldgs to your portfolios can decrease your overall portfolio volatility.