Snipp Interactive Stock Market Value
| SNIPF Stock | USD 0.06 0.01 7.89% |
| Symbol | Snipp |
Snipp Interactive '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 Snipp Interactive'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 Snipp Interactive.
| 09/03/2024 |
| 01/31/2025 |
If you would invest 0.00 in Snipp Interactive on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Snipp Interactive or generate 0.0% return on investment in Snipp Interactive over 150 days. Snipp Interactive Inc., a loyalty and promotions company, focuses on developing marketing engagement platforms in the Un... More
Snipp Interactive 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 Snipp Interactive'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 Snipp Interactive upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.42 | |||
| Information Ratio | 0.1102 | |||
| Maximum Drawdown | 43.84 | |||
| Value At Risk | (7.89) | |||
| Potential Upside | 13.48 |
Snipp Interactive Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Snipp Interactive's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Snipp Interactive's standard deviation. In reality, there are many statistical measures that can use Snipp Interactive historical prices to predict the future Snipp Interactive's volatility.| Risk Adjusted Performance | 0.1119 | |||
| Jensen Alpha | 0.9767 | |||
| Total Risk Alpha | 0.1089 | |||
| Sortino Ratio | 0.1538 | |||
| Treynor Ratio | (1.58) |
Snipp Interactive Backtested Returns
Snipp Interactive appears to be out of control, given 3 months investment horizon. Snipp Interactive owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0609, which indicates the firm had a 0.0609 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Snipp Interactive, which you can use to evaluate the volatility of the company. Please review Snipp Interactive's Risk Adjusted Performance of 0.1119, semi deviation of 4.8, and Coefficient Of Variation of 810.65 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Snipp Interactive holds a performance score of 4. The entity has a beta of -0.58, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Snipp Interactive are expected to decrease at a much lower rate. During the bear market, Snipp Interactive is likely to outperform the market. Please check Snipp Interactive's sortino ratio and the relationship between the potential upside and day median price , to make a quick decision on whether Snipp Interactive's existing price patterns will revert.
Auto-correlation | -0.4 |
Poor reverse predictability
Snipp Interactive has poor reverse predictability. Overlapping area represents the amount of predictability between Snipp Interactive time series from 3rd of September 2024 to 17th of November 2024 and 17th of November 2024 to 31st of January 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 Snipp Interactive price movement. The serial correlation of -0.4 indicates that just about 40.0% of current Snipp Interactive price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.4 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Snipp Interactive lagged returns against current returns
Autocorrelation, which is Snipp Interactive 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 Snipp Interactive's pink sheet expected returns. We can calculate the autocorrelation of Snipp Interactive returns to help us make a trade decision. For example, suppose you find that Snipp Interactive 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 |
Snipp Interactive 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 Snipp Interactive pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Snipp Interactive pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Snipp Interactive pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Snipp Interactive Lagged Returns
When evaluating Snipp Interactive's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Snipp Interactive pink sheet have on its future price. Snipp Interactive 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, Snipp Interactive autocorrelation shows the relationship between Snipp Interactive pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Snipp Interactive.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Snipp Pink Sheet
Snipp Interactive financial ratios help investors to determine whether Snipp 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 Snipp with respect to the benefits of owning Snipp Interactive security.