Scotch Creek Ventures Stock Market Value
| SCVFF Stock | USD 0.01 0.01 86.25% |
| Symbol | Scotch |
Scotch Creek '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 Scotch Creek'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 Scotch Creek.
| 10/30/2023 |
| 11/23/2024 |
If you would invest 0.00 in Scotch Creek on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Scotch Creek Ventures or generate 0.0% return on investment in Scotch Creek over 390 days. Scotch Creek is related to or competes with American Rare, Ameriwest Lithium, Silver X, Amarc Resources, United Lithium, Hannan Metals, and Patriot Battery. Scotch Creek Ventures Inc. engages in the acquisition, exploration, and development of mineral properties in the United ... More
Scotch Creek 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 Scotch Creek'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 Scotch Creek Ventures upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.69 | |||
| Information Ratio | 0.0533 | |||
| Maximum Drawdown | 67.29 | |||
| Value At Risk | (19.05) | |||
| Potential Upside | 27.06 |
Scotch Creek Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scotch Creek's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scotch Creek's standard deviation. In reality, there are many statistical measures that can use Scotch Creek historical prices to predict the future Scotch Creek's volatility.| Risk Adjusted Performance | 0.0564 | |||
| Jensen Alpha | 0.9634 | |||
| Total Risk Alpha | (1.64) | |||
| Sortino Ratio | 0.0657 | |||
| Treynor Ratio | 2.16 |
Scotch Creek Ventures Backtested Returns
Scotch Creek appears to be out of control, given 3 months investment horizon. Scotch Creek Ventures owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0317, which indicates the firm had a 0.0317% return per unit of risk over the last 3 months. By inspecting Scotch Creek's technical indicators, you can evaluate if the expected return of 0.53% is justified by implied risk. Please review Scotch Creek's Semi Deviation of 11.13, risk adjusted performance of 0.0564, and Coefficient Of Variation of 1638.16 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Scotch Creek holds a performance score of 2. The entity has a beta of 0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scotch Creek's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scotch Creek is expected to be smaller as well. Please check Scotch Creek's maximum drawdown and the relationship between the semi variance and price action indicator , to make a quick decision on whether Scotch Creek's existing price patterns will revert.
Auto-correlation | 0.74 |
Good predictability
Scotch Creek Ventures has good predictability. Overlapping area represents the amount of predictability between Scotch Creek time series from 30th of October 2023 to 12th of May 2024 and 12th of May 2024 to 23rd 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 Scotch Creek Ventures price movement. The serial correlation of 0.74 indicates that around 74.0% of current Scotch Creek price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.74 | |
| Spearman Rank Test | 0.76 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scotch Creek Ventures lagged returns against current returns
Autocorrelation, which is Scotch Creek 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 Scotch Creek's pink sheet expected returns. We can calculate the autocorrelation of Scotch Creek returns to help us make a trade decision. For example, suppose you find that Scotch Creek 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 |
Scotch Creek 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 Scotch Creek pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scotch Creek pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scotch Creek pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Scotch Creek Lagged Returns
When evaluating Scotch Creek's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scotch Creek pink sheet have on its future price. Scotch Creek 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, Scotch Creek autocorrelation shows the relationship between Scotch Creek pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Scotch Creek Ventures.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Scotch Pink Sheet
Scotch Creek financial ratios help investors to determine whether Scotch Pink Sheet 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 Scotch with respect to the benefits of owning Scotch Creek security.