Signature Devices Stock Market Value
| SDVI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Signature |
Signature Devices '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 Signature Devices' 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 Signature Devices.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Signature Devices on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Signature Devices or generate 0.0% return on investment in Signature Devices over 720 days. Signature Devices is related to or competes with Kyndryl Holdings, Accenture Plc, BigBearai Holdings, and Xerox Corp. Signature Devices, Inc., operates as a software and hardware development company More
Signature Devices 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 Signature Devices' 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 Signature Devices upside and downside potential and time the market with a certain degree of confidence.
Signature Devices Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Signature Devices' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Signature Devices' standard deviation. In reality, there are many statistical measures that can use Signature Devices historical prices to predict the future Signature Devices' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Signature Devices' 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.
Signature Devices Backtested Returns
Signature Devices is out of control given 3 months investment horizon. Signature Devices owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for four different technical indicators, which can help you to evaluate if expected returns of 14.29% are justified by taking the suggested risk. Use Signature Devices Day Typical Price of 1.0E-4, rate of daily change of 1.0, and Relative Strength Index of 51.85 to evaluate company specific risk that cannot be diversified away. Signature Devices holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Signature Devices are completely uncorrelated. Use Signature Devices rate of daily change , to analyze future returns on Signature Devices.
Auto-correlation | 0.00 |
No correlation between past and present
Signature Devices has no correlation between past and present. Overlapping area represents the amount of predictability between Signature Devices time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 Signature Devices price movement. The serial correlation of 0.0 indicates that just 0.0% of current Signature Devices price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.98 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Signature Devices lagged returns against current returns
Autocorrelation, which is Signature Devices 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 Signature Devices' pink sheet expected returns. We can calculate the autocorrelation of Signature Devices returns to help us make a trade decision. For example, suppose you find that Signature Devices 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 |
Signature Devices 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 Signature Devices pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Signature Devices pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Signature Devices pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Signature Devices Lagged Returns
When evaluating Signature Devices' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Signature Devices pink sheet have on its future price. Signature Devices 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, Signature Devices autocorrelation shows the relationship between Signature Devices pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Signature Devices.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Signature Pink Sheet
Signature Devices financial ratios help investors to determine whether Signature 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 Signature with respect to the benefits of owning Signature Devices security.