Sonoran Desert Copper Stock Market Value
| SDCU Stock | 0.15 0.01 6.25% |
| Symbol | Sonoran |
Sonoran Desert '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 Sonoran Desert's 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 Sonoran Desert.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sonoran Desert on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sonoran Desert Copper or generate 0.0% return on investment in Sonoran Desert over 30 days. Sonoran Desert is related to or competes with Enbridge Pref, Enbridge Pref, Enbridge Pref, E Split, E Split, and Sage Potash. Sonoran Desert is entity of Canada. It is traded as Stock on V exchange. More
Sonoran Desert 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 Sonoran Desert's 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 Sonoran Desert Copper upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 12.78 | |||
| Information Ratio | (0.01) | |||
| Maximum Drawdown | 38.18 | |||
| Value At Risk | (17.65) | |||
| Potential Upside | 11.11 |
Sonoran Desert Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonoran Desert's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonoran Desert's standard deviation. In reality, there are many statistical measures that can use Sonoran Desert historical prices to predict the future Sonoran Desert's volatility.| Risk Adjusted Performance | 0.0157 | |||
| Jensen Alpha | 0.2909 | |||
| Total Risk Alpha | (1.25) | |||
| Sortino Ratio | (0) | |||
| Treynor Ratio | (0.03) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonoran Desert'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.
Sonoran Desert Copper Backtested Returns
Sonoran Desert appears to be out of control, given 3 months investment horizon. Sonoran Desert Copper owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0543, which indicates the firm had a 0.0543% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sonoran Desert Copper, which you can use to evaluate the volatility of the company. Please review Sonoran Desert's Coefficient Of Variation of 11549.39, semi deviation of 6.83, and Risk Adjusted Performance of 0.0157 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sonoran Desert holds a performance score of 4. The entity has a beta of -1.89, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sonoran Desert are expected to decrease by larger amounts. On the other hand, during market turmoil, Sonoran Desert is expected to outperform it. Please check Sonoran Desert's treynor ratio, value at risk, and the relationship between the sortino ratio and maximum drawdown , to make a quick decision on whether Sonoran Desert's existing price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
Sonoran Desert Copper has poor reverse predictability. Overlapping area represents the amount of predictability between Sonoran Desert time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Sonoran Desert Copper price movement. The serial correlation of -0.37 indicates that just about 37.0% of current Sonoran Desert price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sonoran Desert Copper lagged returns against current returns
Autocorrelation, which is Sonoran Desert 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 Sonoran Desert's stock expected returns. We can calculate the autocorrelation of Sonoran Desert returns to help us make a trade decision. For example, suppose you find that Sonoran Desert 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 |
Sonoran Desert 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 Sonoran Desert stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonoran Desert stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonoran Desert stock over time.
Current vs Lagged Prices |
| Timeline |
Sonoran Desert Lagged Returns
When evaluating Sonoran Desert's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonoran Desert stock have on its future price. Sonoran Desert 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, Sonoran Desert autocorrelation shows the relationship between Sonoran Desert stock current value and its past values and can show if there is a momentum factor associated with investing in Sonoran Desert Copper.
Regressed Prices |
| Timeline |
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Additional Tools for Sonoran Stock Analysis
When running Sonoran Desert's price analysis, check to measure Sonoran Desert'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 Sonoran Desert is operating at the current time. Most of Sonoran Desert's value examination focuses on studying past and present price action to predict the probability of Sonoran Desert's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoran Desert's price. Additionally, you may evaluate how the addition of Sonoran Desert to your portfolios can decrease your overall portfolio volatility.