Solar Integrated Roofing Stock Market Value
| SIRC Stock | USD 0.0001 0.0001 50.00% |
| Symbol | Solar |
Solar Integrated '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 Solar Integrated'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 Solar Integrated.
| 06/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in Solar Integrated on June 9, 2023 and sell it all today you would earn a total of 0.00 from holding Solar Integrated Roofing or generate 0.0% return on investment in Solar Integrated over 540 days. Solar Integrated is related to or competes with Ascent Solar, Sunrun, Emeren, and Sunnova Energy. Solar Integrated Roofing Corp. provides integrated, single-source solar power and roofing systems installation services ... More
Solar Integrated 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 Solar Integrated'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 Solar Integrated Roofing upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 52.44 | |||
| Information Ratio | 0.1812 | |||
| Maximum Drawdown | 150.0 | |||
| Value At Risk | (50.00) | |||
| Potential Upside | 100.0 |
Solar Integrated Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solar Integrated's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solar Integrated's standard deviation. In reality, there are many statistical measures that can use Solar Integrated historical prices to predict the future Solar Integrated's volatility.| Risk Adjusted Performance | 0.1507 | |||
| Jensen Alpha | 9.07 | |||
| Total Risk Alpha | 0.7747 | |||
| Sortino Ratio | 0.1563 | |||
| Treynor Ratio | (1.42) |
Solar Integrated Roofing Backtested Returns
Solar Integrated is out of control given 3 months investment horizon. Solar Integrated Roofing owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 8.59% are justified by taking the suggested risk. Use Solar Integrated Roofing Coefficient Of Variation of 542.64, risk adjusted performance of 0.1507, and Semi Deviation of 22.38 to evaluate company specific risk that cannot be diversified away. Solar Integrated holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of -5.84, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Solar Integrated are expected to decrease by larger amounts. On the other hand, during market turmoil, Solar Integrated is expected to outperform it. Use Solar Integrated Roofing treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on Solar Integrated Roofing.
Auto-correlation | 0.57 |
Modest predictability
Solar Integrated Roofing has modest predictability. Overlapping area represents the amount of predictability between Solar Integrated time series from 9th of June 2023 to 5th of March 2024 and 5th of March 2024 to 30th 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 Solar Integrated Roofing price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Solar Integrated price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Solar Integrated Roofing lagged returns against current returns
Autocorrelation, which is Solar Integrated 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 Solar Integrated's pink sheet expected returns. We can calculate the autocorrelation of Solar Integrated returns to help us make a trade decision. For example, suppose you find that Solar Integrated 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 |
Solar Integrated 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 Solar Integrated pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solar Integrated pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solar Integrated pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Solar Integrated Lagged Returns
When evaluating Solar Integrated's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solar Integrated pink sheet have on its future price. Solar Integrated 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, Solar Integrated autocorrelation shows the relationship between Solar Integrated pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Solar Integrated Roofing.
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 Solar Pink Sheet
Solar Integrated financial ratios help investors to determine whether Solar 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 Solar with respect to the benefits of owning Solar Integrated security.