Scor Pk Stock Market Value
| SCRYY Stock | USD 2.57 0.03 1.18% |
| Symbol | SCOR |
SCOR PK '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 SCOR PK'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 SCOR PK.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in SCOR PK on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding SCOR PK or generate 0.0% return on investment in SCOR PK over 720 days. SCOR PK is related to or competes with Swiss Re, Hannover, SiriusPoint, Maiden Holdings, Greenlight Capital, Reinsurance Group, and Siriuspoint. SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Afr... More
SCOR PK 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 SCOR PK'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 SCOR PK upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.44 | |||
| Information Ratio | 0.1077 | |||
| Maximum Drawdown | 12.99 | |||
| Value At Risk | (4.09) | |||
| Potential Upside | 5.61 |
SCOR PK Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCOR PK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCOR PK's standard deviation. In reality, there are many statistical measures that can use SCOR PK historical prices to predict the future SCOR PK's volatility.| Risk Adjusted Performance | 0.1135 | |||
| Jensen Alpha | 0.4252 | |||
| Total Risk Alpha | 0.0691 | |||
| Sortino Ratio | 0.1271 | |||
| Treynor Ratio | (1.15) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SCOR PK'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.
SCOR PK Backtested Returns
SCOR PK appears to be risky, given 3 months investment horizon. SCOR PK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the company had a 0.13% return per unit of standard deviation over the last 3 months. We have found thirty technical indicators for SCOR PK, which you can use to evaluate the volatility of the entity. Please review SCOR PK's Market Risk Adjusted Performance of (1.14), risk adjusted performance of 0.1135, and Downside Deviation of 2.44 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SCOR PK holds a performance score of 10. The firm has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SCOR PK are expected to decrease at a much lower rate. During the bear market, SCOR PK is likely to outperform the market. Please check SCOR PK's expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether SCOR PK's existing price patterns will revert.
Auto-correlation | -0.81 |
Excellent reverse predictability
SCOR PK has excellent reverse predictability. Overlapping area represents the amount of predictability between SCOR PK time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 to 22nd 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 SCOR PK price movement. The serial correlation of -0.81 indicates that around 81.0% of current SCOR PK price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.81 | |
| Spearman Rank Test | -0.59 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
SCOR PK lagged returns against current returns
Autocorrelation, which is SCOR PK 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 SCOR PK's pink sheet expected returns. We can calculate the autocorrelation of SCOR PK returns to help us make a trade decision. For example, suppose you find that SCOR PK 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 |
SCOR PK 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 SCOR PK pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCOR PK pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCOR PK pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SCOR PK Lagged Returns
When evaluating SCOR PK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCOR PK pink sheet have on its future price. SCOR PK 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, SCOR PK autocorrelation shows the relationship between SCOR PK pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SCOR PK.
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 SCOR Pink Sheet Analysis
When running SCOR PK's price analysis, check to measure SCOR PK'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 SCOR PK is operating at the current time. Most of SCOR PK's value examination focuses on studying past and present price action to predict the probability of SCOR PK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCOR PK's price. Additionally, you may evaluate how the addition of SCOR PK to your portfolios can decrease your overall portfolio volatility.