Sensen Networks Limited Stock Market Value
| SNNSF Stock | USD 0.04 0.00 0.00% |
| Symbol | SenSen |
SenSen Networks '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 SenSen Networks' 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 SenSen Networks.
| 12/09/2022 |
| 11/28/2024 |
If you would invest 0.00 in SenSen Networks on December 9, 2022 and sell it all today you would earn a total of 0.00 from holding SenSen Networks Limited or generate 0.0% return on investment in SenSen Networks over 720 days. SenSen Networks is related to or competes with CSG Systems, Global Blue, International Money, Consensus Cloud, Cellebrite, Zuora, and PagSeguro Digital. SenSen Networks Limited develop and sell SenDISA platform-based products and services in Australia More
SenSen Networks 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 SenSen Networks' 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 SenSen Networks Limited upside and downside potential and time the market with a certain degree of confidence.
SenSen Networks Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SenSen Networks' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SenSen Networks' standard deviation. In reality, there are many statistical measures that can use SenSen Networks historical prices to predict the future SenSen Networks' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SenSen Networks' 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.
SenSen Networks Backtested Returns
We have found three technical indicators for SenSen Networks Limited, 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 SenSen Networks are completely uncorrelated.
Auto-correlation | -0.35 |
Poor reverse predictability
SenSen Networks Limited has poor reverse predictability. Overlapping area represents the amount of predictability between SenSen Networks time series from 9th of December 2022 to 4th of December 2023 and 4th of December 2023 to 28th 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 SenSen Networks price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current SenSen Networks price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | 0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SenSen Networks lagged returns against current returns
Autocorrelation, which is SenSen Networks 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 SenSen Networks' pink sheet expected returns. We can calculate the autocorrelation of SenSen Networks returns to help us make a trade decision. For example, suppose you find that SenSen Networks 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 |
SenSen Networks 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 SenSen Networks pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SenSen Networks pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SenSen Networks pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SenSen Networks Lagged Returns
When evaluating SenSen Networks' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SenSen Networks pink sheet have on its future price. SenSen Networks 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, SenSen Networks autocorrelation shows the relationship between SenSen Networks pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SenSen Networks Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SenSen Pink Sheet
SenSen Networks financial ratios help investors to determine whether SenSen 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 SenSen with respect to the benefits of owning SenSen Networks security.