Sino Ocean Group Holding Stock Market Value
| SIOLF Stock | USD 0.05 0.00 0.00% |
| Symbol | Sino |
Sino Ocean '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 Sino Ocean'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 Sino Ocean.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sino Ocean on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sino Ocean Group Holding or generate 0.0% return on investment in Sino Ocean over 30 days. Sino Ocean is related to or competes with 51Talk Online, Integral, CenterPoint Energy, PGE Corp, Vistra Energy, Kinetik Holdings, and Townsquare Media. Sino-Ocean Group Holding Limited, an investment holding company, engages in the property investment and development acti... More
Sino Ocean 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 Sino Ocean'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 Sino Ocean Group Holding upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0572 | |||
| Maximum Drawdown | 147.28 | |||
| Value At Risk | (0.62) |
Sino Ocean Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sino Ocean's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sino Ocean's standard deviation. In reality, there are many statistical measures that can use Sino Ocean historical prices to predict the future Sino Ocean's volatility.| Risk Adjusted Performance | 0.0599 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | (1.23) | |||
| Treynor Ratio | (0.93) |
Sino Ocean Group Backtested Returns
Sino Ocean is out of control given 3 months investment horizon. Sino Ocean Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0674, which indicates the firm had a 0.0674% return per unit of risk over the last 3 months. We were able to break down and interpolate eighteen different technical indicators, which can help you to evaluate if expected returns of 1.0% are justified by taking the suggested risk. Use Sino Ocean Group Coefficient Of Variation of 1518.39, risk adjusted performance of 0.0599, and Variance of 208.34 to evaluate company specific risk that cannot be diversified away. Sino Ocean holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of -1.01, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Sino Ocean are expected to decrease slowly. On the other hand, during market turmoil, Sino Ocean is expected to outperform it slightly. Use Sino Ocean Group jensen alpha, kurtosis, as well as the relationship between the Kurtosis and relative strength index , to analyze future returns on Sino Ocean Group.
Auto-correlation | 0.00 |
No correlation between past and present
Sino Ocean Group Holding has no correlation between past and present. Overlapping area represents the amount of predictability between Sino Ocean time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Sino Ocean Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sino Ocean price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sino Ocean Group lagged returns against current returns
Autocorrelation, which is Sino Ocean 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 Sino Ocean's pink sheet expected returns. We can calculate the autocorrelation of Sino Ocean returns to help us make a trade decision. For example, suppose you find that Sino Ocean 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 |
Sino Ocean 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 Sino Ocean pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sino Ocean pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sino Ocean pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sino Ocean Lagged Returns
When evaluating Sino Ocean's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sino Ocean pink sheet have on its future price. Sino Ocean 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, Sino Ocean autocorrelation shows the relationship between Sino Ocean pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sino Ocean Group Holding.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sino Pink Sheet
Sino Ocean financial ratios help investors to determine whether Sino 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 Sino with respect to the benefits of owning Sino Ocean security.