San Leon Energy Stock Market Value
| SLGYF Stock | USD 0.30 0.00 0.00% |
| Symbol | San |
San Leon '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 San Leon'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 San Leon.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in San Leon on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding San Leon Energy or generate 0.0% return on investment in San Leon over 180 days. San Leon is related to or competes with Horizon Oil, PetroShale, Enwell Energy, Tullow Oil, Dno ASA, Questerre Energy, and Tullow Oil. San Leon Energy plc, together with its subsidiaries, engages in the exploration and production of oil and gas properties More
San Leon 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 San Leon'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 San Leon Energy upside and downside potential and time the market with a certain degree of confidence.
San Leon Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for San Leon's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as San Leon's standard deviation. In reality, there are many statistical measures that can use San Leon historical prices to predict the future San Leon's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of San Leon'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.
San Leon Energy Backtested Returns
We have found three technical indicators for San Leon Energy, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and San Leon are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
San Leon Energy has no correlation between past and present. Overlapping area represents the amount of predictability between San Leon time series from 30th of May 2024 to 28th of August 2024 and 28th of August 2024 to 26th 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 San Leon Energy price movement. The serial correlation of 0.0 indicates that just 0.0% of current San Leon price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
San Leon Energy lagged returns against current returns
Autocorrelation, which is San Leon 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 San Leon's otc stock expected returns. We can calculate the autocorrelation of San Leon returns to help us make a trade decision. For example, suppose you find that San Leon 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 |
San Leon 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 San Leon otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if San Leon otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in San Leon otc stock over time.
Current vs Lagged Prices |
| Timeline |
San Leon Lagged Returns
When evaluating San Leon's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of San Leon otc stock have on its future price. San Leon 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, San Leon autocorrelation shows the relationship between San Leon otc stock current value and its past values and can show if there is a momentum factor associated with investing in San Leon Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in San OTC Stock
San Leon financial ratios help investors to determine whether San 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 San with respect to the benefits of owning San Leon security.