Sernova Corp Stock Market Value
| SEOVF Stock | USD 0.10 0 2.04% |
| Symbol | Sernova |
Sernova Corp '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 Sernova Corp'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 Sernova Corp.
| 11/27/2025 |
| 12/27/2025 |
If you would invest 0.00 in Sernova Corp on November 27, 2025 and sell it all today you would earn a total of 0.00 from holding Sernova Corp or generate 0.0% return on investment in Sernova Corp over 30 days. Sernova Corp is related to or competes with Cynata Therapeutics, Defence Therapeutics, Medical Developments, Novacyt SA, Starpharma Holdings, and Relief Therapeutics. Sernova Corp. operates as a clinical-stage regenerative medicine therapeutics company in Canada More
Sernova Corp 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 Sernova Corp'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 Sernova Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 22.4 | |||
| Value At Risk | (9.09) | |||
| Potential Upside | 10.0 |
Sernova Corp Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sernova Corp's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sernova Corp's standard deviation. In reality, there are many statistical measures that can use Sernova Corp historical prices to predict the future Sernova Corp's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.26) | |||
| Total Risk Alpha | (0.84) | |||
| Treynor Ratio | 3.73 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sernova Corp'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.
Sernova Corp Backtested Returns
Sernova Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0499, which indicates the firm had a -0.0499 % return per unit of risk over the last 3 months. Sernova Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sernova Corp's Risk Adjusted Performance of (0.03), variance of 28.09, and Coefficient Of Variation of (2,058) to confirm the risk estimate we provide. The entity has a beta of -0.0718, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sernova Corp are expected to decrease at a much lower rate. During the bear market, Sernova Corp is likely to outperform the market. At this point, Sernova Corp has a negative expected return of -0.27%. Please make sure to validate Sernova Corp's treynor ratio, accumulation distribution, as well as the relationship between the Accumulation Distribution and price action indicator , to decide if Sernova Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.42 |
Average predictability
Sernova Corp has average predictability. Overlapping area represents the amount of predictability between Sernova Corp time series from 27th of November 2025 to 12th of December 2025 and 12th of December 2025 to 27th of December 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 Sernova Corp price movement. The serial correlation of 0.42 indicates that just about 42.0% of current Sernova Corp price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.72 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sernova Corp lagged returns against current returns
Autocorrelation, which is Sernova Corp 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 Sernova Corp's otc stock expected returns. We can calculate the autocorrelation of Sernova Corp returns to help us make a trade decision. For example, suppose you find that Sernova Corp 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 |
Sernova Corp 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 Sernova Corp otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sernova Corp otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sernova Corp otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sernova Corp Lagged Returns
When evaluating Sernova Corp's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sernova Corp otc stock have on its future price. Sernova Corp 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, Sernova Corp autocorrelation shows the relationship between Sernova Corp otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sernova Corp.
Regressed Prices |
| Timeline |
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Other Information on Investing in Sernova OTC Stock
Sernova Corp financial ratios help investors to determine whether Sernova 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 Sernova with respect to the benefits of owning Sernova Corp security.