Strathcona Resources Stock Market Value
| SCR Stock | CAD 29.03 0.48 1.68% |
| Symbol | Strathcona |
Strathcona Resources Price To Book Ratio
Strathcona 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 Strathcona 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 Strathcona Resources.
| 12/01/2025 |
| 12/31/2025 |
If you would invest 0.00 in Strathcona Resources on December 1, 2025 and sell it all today you would earn a total of 0.00 from holding Strathcona Resources or generate 0.0% return on investment in Strathcona Resources over 30 days. Strathcona Resources is related to or competes with Keyera Corp, PrairieSky Royalty, Peyto ExplorationDevel, NexGen Energy, NuVista Energy, Whitecap Resources, and Baytex Energy. Score Media and Gaming Inc. operates as a sports media company in North America More
Strathcona 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 Strathcona 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 Strathcona Resources upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 30.96 | |||
| Value At Risk | (3.79) | |||
| Potential Upside | 3.96 |
Strathcona Resources Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strathcona Resources' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strathcona Resources' standard deviation. In reality, there are many statistical measures that can use Strathcona Resources historical prices to predict the future Strathcona Resources' volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.71) | |||
| Treynor Ratio | 0.4898 |
Strathcona Resources Backtested Returns
Strathcona Resources owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0723, which indicates the firm had a -0.0723 % return per unit of risk over the last 3 months. Strathcona Resources exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Strathcona Resources' Coefficient Of Variation of (1,250), risk adjusted performance of (0.05), and Variance of 14.53 to confirm the risk estimate we provide. The entity has a beta of -0.64, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Strathcona Resources are expected to decrease at a much lower rate. During the bear market, Strathcona Resources is likely to outperform the market. At this point, Strathcona Resources has a negative expected return of -0.29%. Please make sure to validate Strathcona Resources' kurtosis, as well as the relationship between the day median price and relative strength index , to decide if Strathcona Resources performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.74 |
Good predictability
Strathcona Resources has good predictability. Overlapping area represents the amount of predictability between Strathcona Resources time series from 1st of December 2025 to 16th of December 2025 and 16th of December 2025 to 31st 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 Strathcona Resources price movement. The serial correlation of 0.74 indicates that around 74.0% of current Strathcona Resources price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 35.04 |
Strathcona Resources lagged returns against current returns
Autocorrelation, which is Strathcona 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 Strathcona Resources' stock expected returns. We can calculate the autocorrelation of Strathcona Resources returns to help us make a trade decision. For example, suppose you find that Strathcona 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 |
Strathcona 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 Strathcona Resources stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strathcona Resources stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strathcona Resources stock over time.
Current vs Lagged Prices |
| Timeline |
Strathcona Resources Lagged Returns
When evaluating Strathcona Resources' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strathcona Resources stock have on its future price. Strathcona 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, Strathcona Resources autocorrelation shows the relationship between Strathcona Resources stock current value and its past values and can show if there is a momentum factor associated with investing in Strathcona Resources.
Regressed Prices |
| Timeline |
Other Information on Investing in Strathcona Stock
Strathcona Resources financial ratios help investors to determine whether Strathcona 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 Strathcona with respect to the benefits of owning Strathcona Resources security.