Sdx Energy Plc Stock Market Value
| SDXEF Stock | USD 0.02 0 16.96% |
| Symbol | SDX |
SDX Energy '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 SDX Energy'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 SDX Energy.
| 02/01/2024 |
| 11/27/2024 |
If you would invest 0.00 in SDX Energy on February 1, 2024 and sell it all today you would earn a total of 0.00 from holding SDX Energy plc or generate 0.0% return on investment in SDX Energy over 300 days. SDX Energy is related to or competes with Empire Petroleum, Altura Energy, Touchstone Exploration, Canacol Energy, Battalion Oil, PrimeEnergy, and MV Oil. SDX Energy plc engages in the exploration, development, and production of oil and gas in the Arab Republic of Egypt and ... More
SDX Energy 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 SDX Energy'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 SDX Energy plc upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 33.97 | |||
| Information Ratio | 0.1038 | |||
| Maximum Drawdown | 140.85 | |||
| Value At Risk | (27.55) | |||
| Potential Upside | 36.17 |
SDX Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SDX Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SDX Energy's standard deviation. In reality, there are many statistical measures that can use SDX Energy historical prices to predict the future SDX Energy's volatility.| Risk Adjusted Performance | 0.093 | |||
| Jensen Alpha | 3.05 | |||
| Total Risk Alpha | (1.26) | |||
| Sortino Ratio | 0.0784 | |||
| Treynor Ratio | (1.27) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SDX Energy'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.
SDX Energy plc Backtested Returns
SDX Energy is out of control given 3 months investment horizon. SDX Energy plc owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.067, which indicates the firm had a 0.067% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.62% are justified by taking the suggested risk. Use SDX Energy plc Coefficient Of Variation of 918.05, semi deviation of 10.61, and Risk Adjusted Performance of 0.093 to evaluate company specific risk that cannot be diversified away. SDX Energy holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of -2.19, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SDX Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, SDX Energy is expected to outperform it. Use SDX Energy plc downside variance, as well as the relationship between the kurtosis and day typical price , to analyze future returns on SDX Energy plc.
Auto-correlation | 0.31 |
Below average predictability
SDX Energy plc has below average predictability. Overlapping area represents the amount of predictability between SDX Energy time series from 1st of February 2024 to 30th of June 2024 and 30th of June 2024 to 27th 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 SDX Energy plc price movement. The serial correlation of 0.31 indicates that nearly 31.0% of current SDX Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.31 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SDX Energy plc lagged returns against current returns
Autocorrelation, which is SDX Energy 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 SDX Energy's pink sheet expected returns. We can calculate the autocorrelation of SDX Energy returns to help us make a trade decision. For example, suppose you find that SDX Energy 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 |
SDX Energy 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 SDX Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SDX Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SDX Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SDX Energy Lagged Returns
When evaluating SDX Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SDX Energy pink sheet have on its future price. SDX Energy 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, SDX Energy autocorrelation shows the relationship between SDX Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SDX Energy plc.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SDX Pink Sheet
SDX Energy financial ratios help investors to determine whether SDX 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 SDX with respect to the benefits of owning SDX Energy security.