Sofina Socit Anonyme Stock Market Value
| SFNXF Stock | USD 228.90 0.00 0.00% |
| Symbol | Sofina |
Sofina Société '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 Sofina Société'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 Sofina Société.
| 09/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sofina Société on September 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sofina Socit Anonyme or generate 0.0% return on investment in Sofina Société over 60 days. Sofina Société is related to or competes with Marygold Companies, Carbon Streaming, Arrowmark Financial, Patria Investments, Invesco Advantage, Invesco Municipal, and Invesco California. Sofina Socit Anonyme is a private equity and venture capital firm specializing in direct and fund of funds investments More
Sofina Société 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 Sofina Société'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 Sofina Socit Anonyme upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (2.25) | |||
| Maximum Drawdown | 0.4783 |
Sofina Société Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sofina Société's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sofina Société's standard deviation. In reality, there are many statistical measures that can use Sofina Société historical prices to predict the future Sofina Société's volatility.| Risk Adjusted Performance | (0.21) | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.03) | |||
| Treynor Ratio | (1.39) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sofina Société'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.
Sofina Socit Anonyme Backtested Returns
Sofina Socit Anonyme owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Sofina Socit Anonyme exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sofina Société's Risk Adjusted Performance of (0.21), variance of 0.0035, and Coefficient Of Variation of (812.40) to confirm the risk estimate we provide. The entity has a beta of 0.0124, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sofina Société's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sofina Société is expected to be smaller as well. At this point, Sofina Socit Anonyme has a negative expected return of -0.0076%. Please make sure to validate Sofina Société's standard deviation and skewness , to decide if Sofina Socit Anonyme performance from the past will be repeated at some point in the near future.
Auto-correlation | Huge |
Perfect predictability
Sofina Socit Anonyme has perfect predictability. Overlapping area represents the amount of predictability between Sofina Société time series from 29th of September 2024 to 29th of October 2024 and 29th of October 2024 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 Sofina Socit Anonyme price movement. The serial correlation of 9.223372036854776E16 indicates that 9.223372036854776E16% of current Sofina Société price fluctuation can be explain by its past prices.
| Correlation Coefficient | 92233.7 T | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.29 |
Sofina Socit Anonyme lagged returns against current returns
Autocorrelation, which is Sofina Société 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 Sofina Société's pink sheet expected returns. We can calculate the autocorrelation of Sofina Société returns to help us make a trade decision. For example, suppose you find that Sofina Société 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 |
Sofina Société 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 Sofina Société pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sofina Société pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sofina Société pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sofina Société Lagged Returns
When evaluating Sofina Société's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sofina Société pink sheet have on its future price. Sofina Société 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, Sofina Société autocorrelation shows the relationship between Sofina Société pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sofina Socit Anonyme.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sofina Pink Sheet
Sofina Société financial ratios help investors to determine whether Sofina 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 Sofina with respect to the benefits of owning Sofina Société security.