Santa Cruz County Stock Market Value
| SCZC Stock | USD 41.45 0.05 0.12% |
| Symbol | Santa |
Santa Cruz '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 Santa Cruz's otc 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 Santa Cruz.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in Santa Cruz on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding Santa Cruz County or generate 0.0% return on investment in Santa Cruz over 360 days. Santa Cruz is related to or competes with Invesco High, Blackrock Muniholdings, MFS Investment, and Federated Premier. Santa Cruz County Bank provides a range of commercial and personal banking services to residents and businesses More
Santa Cruz 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 Santa Cruz's otc 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 Santa Cruz County upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.5218 | |||
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 3.99 | |||
| Value At Risk | (0.72) | |||
| Potential Upside | 1.2 |
Santa Cruz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santa Cruz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santa Cruz's standard deviation. In reality, there are many statistical measures that can use Santa Cruz historical prices to predict the future Santa Cruz's volatility.| Risk Adjusted Performance | 0.0771 | |||
| Jensen Alpha | 0.024 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | (0.11) | |||
| Treynor Ratio | 0.1969 |
Santa Cruz County Backtested Returns
At this point, Santa Cruz is very steady. Santa Cruz County owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.1, which indicates the firm had a 0.1% return per unit of risk over the last 3 months. We have found thirty technical indicators for Santa Cruz County, which you can use to evaluate the volatility of the company. Please validate Santa Cruz's Risk Adjusted Performance of 0.0771, semi deviation of 0.2388, and Coefficient Of Variation of 984.87 to confirm if the risk estimate we provide is consistent with the expected return of 0.0743%. Santa Cruz has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Santa Cruz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Santa Cruz is expected to be smaller as well. Santa Cruz County right now has a risk of 0.71%. Please validate Santa Cruz maximum drawdown, accumulation distribution, relative strength index, as well as the relationship between the semi variance and day typical price , to decide if Santa Cruz will be following its existing price patterns.
Auto-correlation | 0.30 |
Below average predictability
Santa Cruz County has below average predictability. Overlapping area represents the amount of predictability between Santa Cruz time series from 29th of November 2023 to 27th of May 2024 and 27th 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 Santa Cruz County price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current Santa Cruz price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.04 | |
| Residual Average | 0.0 | |
| Price Variance | 5.34 |
Santa Cruz County lagged returns against current returns
Autocorrelation, which is Santa Cruz otc 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 Santa Cruz's otc stock expected returns. We can calculate the autocorrelation of Santa Cruz returns to help us make a trade decision. For example, suppose you find that Santa Cruz has exhibited high autocorrelation historically, and you observe that the otc 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 |
Santa Cruz 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 Santa Cruz otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santa Cruz otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santa Cruz otc stock over time.
Current vs Lagged Prices |
| Timeline |
Santa Cruz Lagged Returns
When evaluating Santa Cruz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santa Cruz otc stock have on its future price. Santa Cruz 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, Santa Cruz autocorrelation shows the relationship between Santa Cruz otc stock current value and its past values and can show if there is a momentum factor associated with investing in Santa Cruz County.
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.Other Information on Investing in Santa OTC Stock
Santa Cruz financial ratios help investors to determine whether Santa OTC 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 Santa with respect to the benefits of owning Santa Cruz security.