Susglobal Energy Corp Stock Market Value
| SNRG Stock | USD 0.02 0.01 21.43% |
| Symbol | Susglobal |
Susglobal 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 Susglobal Energy'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 Susglobal Energy.
| 05/30/2024 |
| 11/26/2024 |
If you would invest 0.00 in Susglobal Energy on May 30, 2024 and sell it all today you would earn a total of 0.00 from holding Susglobal Energy Corp or generate 0.0% return on investment in Susglobal Energy over 180 days. Susglobal Energy is related to or competes with Republic Services, Waste Connections, Clean Harbors, Gfl Environmental, and Casella Waste. SusGlobal Energy Corp., a renewable energy company, focuses on acquiring, developing, and monetizing a portfolio of prop... More
Susglobal 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 Susglobal Energy'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 Susglobal Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.83 | |||
| Information Ratio | 0.0138 | |||
| Maximum Drawdown | 104.79 | |||
| Value At Risk | (24.32) | |||
| Potential Upside | 28.89 |
Susglobal Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Susglobal Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Susglobal Energy's standard deviation. In reality, there are many statistical measures that can use Susglobal Energy historical prices to predict the future Susglobal Energy's volatility.| Risk Adjusted Performance | 0.0257 | |||
| Jensen Alpha | (0.45) | |||
| Total Risk Alpha | (2.38) | |||
| Sortino Ratio | 0.0137 | |||
| Treynor Ratio | 0.0531 |
Susglobal Energy Corp Backtested Returns
Susglobal Energy is out of control given 3 months investment horizon. Susglobal Energy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.071, which indicates the firm had a 0.071% 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 1.21% are justified by taking the suggested risk. Use Susglobal Energy Corp Risk Adjusted Performance of 0.0257, coefficient of variation of 4740.73, and Semi Deviation of 13.34 to evaluate company specific risk that cannot be diversified away. Susglobal Energy holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of 6.82, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Susglobal Energy will likely underperform. Use Susglobal Energy Corp downside variance, as well as the relationship between the daily balance of power and period momentum indicator , to analyze future returns on Susglobal Energy Corp.
Auto-correlation | 0.46 |
Average predictability
Susglobal Energy Corp has average predictability. Overlapping area represents the amount of predictability between Susglobal Energy 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 Susglobal Energy Corp price movement. The serial correlation of 0.46 indicates that about 46.0% of current Susglobal Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | -0.23 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Susglobal Energy Corp lagged returns against current returns
Autocorrelation, which is Susglobal Energy 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 Susglobal Energy's otc stock expected returns. We can calculate the autocorrelation of Susglobal Energy returns to help us make a trade decision. For example, suppose you find that Susglobal Energy 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 |
Susglobal 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 Susglobal Energy otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Susglobal Energy otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Susglobal Energy otc stock over time.
Current vs Lagged Prices |
| Timeline |
Susglobal Energy Lagged Returns
When evaluating Susglobal Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Susglobal Energy otc stock have on its future price. Susglobal 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, Susglobal Energy autocorrelation shows the relationship between Susglobal Energy otc stock current value and its past values and can show if there is a momentum factor associated with investing in Susglobal Energy Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Susglobal OTC Stock
Susglobal Energy financial ratios help investors to determine whether Susglobal 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 Susglobal with respect to the benefits of owning Susglobal Energy security.