Secure Energy Services Stock Market Value
| SECYF Stock | USD 10.27 0.23 2.19% |
| Symbol | Secure |
Secure 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 Secure 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 Secure Energy.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Secure Energy on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Secure Energy Services or generate 0.0% return on investment in Secure Energy over 150 days. Secure Energy is related to or competes with Akastor ASA, National Energy, Flotek Industries, TechnipFMC PLC, Baker Hughes, Saipem SpA, and Worley Parsons. Secure Energy Services Inc., an energy services company, provides solutions to upstream oil and natural gas companies op... More
Secure 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 Secure 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 Secure Energy Services upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.64 | |||
| Maximum Drawdown | 13.23 | |||
| Value At Risk | (2.94) | |||
| Potential Upside | 2.44 |
Secure Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Secure Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Secure Energy's standard deviation. In reality, there are many statistical measures that can use Secure Energy historical prices to predict the future Secure Energy's volatility.| Risk Adjusted Performance | 0.0488 | |||
| Jensen Alpha | 0.093 | |||
| Total Risk Alpha | (0.12) | |||
| Treynor Ratio | (2.62) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Secure 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.
Secure Energy Services Backtested Returns
Secure Energy Services owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Secure Energy Services exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Secure Energy's Coefficient Of Variation of 1938.07, semi deviation of 1.51, and Risk Adjusted Performance of 0.0488 to confirm the risk estimate we provide. The entity has a beta of -0.0343, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Secure Energy are expected to decrease at a much lower rate. During the bear market, Secure Energy is likely to outperform the market. At this point, Secure Energy Services has a negative expected return of -0.18%. Please make sure to validate Secure Energy's potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Secure Energy Services performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.83 |
Excellent reverse predictability
Secure Energy Services has excellent reverse predictability. Overlapping area represents the amount of predictability between Secure Energy time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Secure Energy Services price movement. The serial correlation of -0.83 indicates that around 83.0% of current Secure Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.83 | |
| Spearman Rank Test | -0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
Secure Energy Services lagged returns against current returns
Autocorrelation, which is Secure 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 Secure Energy's pink sheet expected returns. We can calculate the autocorrelation of Secure Energy returns to help us make a trade decision. For example, suppose you find that Secure 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 |
Secure 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 Secure Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Secure 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 Secure Energy pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Secure Energy Lagged Returns
When evaluating Secure Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Secure Energy pink sheet have on its future price. Secure 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, Secure Energy autocorrelation shows the relationship between Secure Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Secure Energy Services.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Secure Pink Sheet
Secure Energy financial ratios help investors to determine whether Secure 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 Secure with respect to the benefits of owning Secure Energy security.