Sun Pacific Holding Stock Market Value
| SNPW Stock | USD 2.13 0.33 18.33% |
| Symbol | Sun |
Sun Pacific '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 Sun Pacific'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 Sun Pacific.
| 07/05/2023 |
| 11/26/2024 |
If you would invest 0.00 in Sun Pacific on July 5, 2023 and sell it all today you would earn a total of 0.00 from holding Sun Pacific Holding or generate 0.0% return on investment in Sun Pacific over 510 days. Sun Pacific is related to or competes with Fluent, Marchex, Dolphin Entertainment, MGO Global, and Advantage Solutions. Sun Pacific Holding Corp., a green energy company, provides solar panel and lighting products in the United States More
Sun Pacific 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 Sun Pacific'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 Sun Pacific Holding upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.18 | |||
| Information Ratio | 0.0986 | |||
| Maximum Drawdown | 70.72 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 18.33 |
Sun Pacific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sun Pacific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sun Pacific's standard deviation. In reality, there are many statistical measures that can use Sun Pacific historical prices to predict the future Sun Pacific's volatility.| Risk Adjusted Performance | 0.0946 | |||
| Jensen Alpha | 1.01 | |||
| Total Risk Alpha | (0.43) | |||
| Sortino Ratio | 0.0592 | |||
| Treynor Ratio | 2.04 |
Sun Pacific Holding Backtested Returns
Sun Pacific is abnormally volatile given 3 months investment horizon. Sun Pacific Holding owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate data for twenty-seven different technical indicators, which can help you to evaluate if expected returns of 1.14% are justified by taking the suggested risk. Use Sun Pacific Holding Semi Deviation of 6.39, coefficient of variation of 894.56, and Risk Adjusted Performance of 0.0946 to evaluate company specific risk that cannot be diversified away. Sun Pacific holds a performance score of 9 on a scale of zero to a hundred. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sun Pacific's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sun Pacific is expected to be smaller as well. Use Sun Pacific Holding jensen alpha, potential upside, as well as the relationship between the Potential Upside and daily balance of power , to analyze future returns on Sun Pacific Holding.
Auto-correlation | 0.37 |
Below average predictability
Sun Pacific Holding has below average predictability. Overlapping area represents the amount of predictability between Sun Pacific time series from 5th of July 2023 to 16th of March 2024 and 16th of March 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 Sun Pacific Holding price movement. The serial correlation of 0.37 indicates that just about 37.0% of current Sun Pacific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.43 |
Sun Pacific Holding lagged returns against current returns
Autocorrelation, which is Sun Pacific 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 Sun Pacific's pink sheet expected returns. We can calculate the autocorrelation of Sun Pacific returns to help us make a trade decision. For example, suppose you find that Sun Pacific 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 |
Sun Pacific 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 Sun Pacific pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sun Pacific pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sun Pacific pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sun Pacific Lagged Returns
When evaluating Sun Pacific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sun Pacific pink sheet have on its future price. Sun Pacific 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, Sun Pacific autocorrelation shows the relationship between Sun Pacific pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sun Pacific Holding.
Regressed Prices |
| Timeline |
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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.Additional Tools for Sun Pink Sheet Analysis
When running Sun Pacific's price analysis, check to measure Sun Pacific's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Sun Pacific is operating at the current time. Most of Sun Pacific's value examination focuses on studying past and present price action to predict the probability of Sun Pacific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sun Pacific's price. Additionally, you may evaluate how the addition of Sun Pacific to your portfolios can decrease your overall portfolio volatility.