Sincerity Applied Materials Stock Market Value
| SINC Stock | USD 0 0.0001 7.14% |
| Symbol | Sincerity |
Sincerity Applied '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 Sincerity Applied'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 Sincerity Applied.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in Sincerity Applied on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding Sincerity Applied Materials or generate 0.0% return on investment in Sincerity Applied over 720 days. Sincerity Applied is related to or competes with Crown Electrokinetics, General Environmental, Core Molding, Balchem, and NewMarket. Sincerity Applied Materials Holdings Corp More
Sincerity Applied 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 Sincerity Applied'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 Sincerity Applied Materials upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 14.25 | |||
| Information Ratio | 0.0102 | |||
| Maximum Drawdown | 77.4 | |||
| Value At Risk | (18.75) | |||
| Potential Upside | 18.18 |
Sincerity Applied Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sincerity Applied's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sincerity Applied's standard deviation. In reality, there are many statistical measures that can use Sincerity Applied historical prices to predict the future Sincerity Applied's volatility.| Risk Adjusted Performance | 0.0241 | |||
| Jensen Alpha | 0.0521 | |||
| Total Risk Alpha | (2.04) | |||
| Sortino Ratio | 0.0106 | |||
| Treynor Ratio | 0.1491 |
Sincerity Applied Backtested Returns
Sincerity Applied appears to be out of control, given 3 months investment horizon. Sincerity Applied owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0517, which indicates the firm had a 0.0517% return per unit of risk over the last 3 months. By inspecting Sincerity Applied's technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review Sincerity Applied's Semi Deviation of 11.06, coefficient of variation of 5230.03, and Risk Adjusted Performance of 0.0241 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sincerity Applied holds a performance score of 4. The entity has a beta of 1.82, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sincerity Applied will likely underperform. Please check Sincerity Applied's maximum drawdown and the relationship between the semi variance and day typical price , to make a quick decision on whether Sincerity Applied's existing price patterns will revert.
Auto-correlation | -0.36 |
Poor reverse predictability
Sincerity Applied Materials has poor reverse predictability. Overlapping area represents the amount of predictability between Sincerity Applied 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 Sincerity Applied price movement. The serial correlation of -0.36 indicates that just about 36.0% of current Sincerity Applied price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.36 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sincerity Applied lagged returns against current returns
Autocorrelation, which is Sincerity Applied 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 Sincerity Applied's pink sheet expected returns. We can calculate the autocorrelation of Sincerity Applied returns to help us make a trade decision. For example, suppose you find that Sincerity Applied 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 |
Sincerity Applied 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 Sincerity Applied pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sincerity Applied pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sincerity Applied pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sincerity Applied Lagged Returns
When evaluating Sincerity Applied's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sincerity Applied pink sheet have on its future price. Sincerity Applied 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, Sincerity Applied autocorrelation shows the relationship between Sincerity Applied pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sincerity Applied Materials.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sincerity Pink Sheet
Sincerity Applied financial ratios help investors to determine whether Sincerity 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 Sincerity with respect to the benefits of owning Sincerity Applied security.