Sound Energy's market value is the price at which a share of Sound Energy trades on a public exchange. It measures the collective expectations of Sound Energy plc investors about its performance. Sound Energy is trading at 0.0265 as of the 2nd of February 2025. This is a 0.38 percent increase since the beginning of the trading day. The stock's lowest day price was 0.0265. With this module, you can estimate the performance of a buy and hold strategy of Sound Energy plc and determine expected loss or profit from investing in Sound Energy over a given investment horizon. Check out Sound Energy Correlation, Sound Energy Volatility and Sound Energy Alpha and Beta module to complement your research on Sound Energy.
Please note, there is a significant difference between Sound Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sound Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sound Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Sound Energy '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 Sound Energy'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 Sound Energy.
0.00
01/03/2025
No Change 0.00
0.0
In 30 days
02/02/2025
0.00
If you would invest 0.00 in Sound Energy on January 3, 2025 and sell it all today you would earn a total of 0.00 from holding Sound Energy plc or generate 0.0% return on investment in Sound Energy over 30 days. Sound Energy plc, through its subsidiaries, engages in the exploration, appraisal, and development of oil and gas assets More
Sound Energy 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 Sound Energy'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 Sound Energy plc upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sound Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sound Energy's standard deviation. In reality, there are many statistical measures that can use Sound Energy historical prices to predict the future Sound Energy's volatility.
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sound Energy. Your research has to be compared to or analyzed against Sound Energy's peers to derive any actionable benefits. When done correctly, Sound Energy's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sound Energy plc.
Sound Energy plc Backtested Returns
Sound Energy is out of control given 3 months investment horizon. Sound Energy plc 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. We were able to analyze and collect data for nineteen different technical indicators, which can help you to evaluate if expected returns of 6.93% are justified by taking the suggested risk. Use Sound Energy plc Variance of 2778.36, risk adjusted performance of 0.1184, and Coefficient Of Variation of 772.52 to evaluate company specific risk that cannot be diversified away. Sound Energy holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of -3.4, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sound Energy are expected to decrease by larger amounts. On the other hand, during market turmoil, Sound Energy is expected to outperform it. Use Sound Energy plc standard deviation, kurtosis, period momentum indicator, as well as the relationship between the jensen alpha and day median price , to analyze future returns on Sound Energy plc.
Auto-correlation
-92,233,720,368,547,760
Near perfect reversele predictability
Sound Energy plc has near perfect reversele predictability. Overlapping area represents the amount of predictability between Sound Energy time series from 3rd of January 2025 to 18th of January 2025 and 18th of January 2025 to 2nd of February 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sound Energy plc price movement. The serial correlation of -9.223372036854776E16 indicates that 9.223372036854776E16% of current Sound Energy price fluctuation can be explain by its past prices.
Correlation Coefficient
-92233.7 T
Spearman Rank Test
1.0
Residual Average
0.0
Price Variance
0.0
Sound Energy plc lagged returns against current returns
Autocorrelation, which is Sound Energy 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 Sound Energy's pink sheet expected returns. We can calculate the autocorrelation of Sound Energy returns to help us make a trade decision. For example, suppose you find that Sound Energy 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
Sound Energy 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 Sound Energy pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sound Energy pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sound Energy pink sheet over time.
Current vs Lagged Prices
Timeline
Sound Energy Lagged Returns
When evaluating Sound Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sound Energy pink sheet have on its future price. Sound Energy 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, Sound Energy autocorrelation shows the relationship between Sound Energy pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sound Energy plc.
Other Information on Investing in Sound Pink Sheet
Sound Energy financial ratios help investors to determine whether Sound 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 Sound with respect to the benefits of owning Sound Energy security.