Sonoro Energy Stock Market Value
| SNV Stock | CAD 0.05 0.01 16.67% |
| Symbol | Sonoro |
Sonoro 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 Sonoro Energy's 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 Sonoro Energy.
| 01/26/2024 |
| 01/15/2026 |
If you would invest 0.00 in Sonoro Energy on January 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sonoro Energy or generate 0.0% return on investment in Sonoro Energy over 720 days. Sonoro Energy is related to or competes with McChip Resources, Vital Energy, Standard Uranium, High Arctic, and Bri Chem. Sonoro Energy Ltd. explores for, appraises, develops, and produces oil and gas resources in Southeast Asia More
Sonoro 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 Sonoro Energy's 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 Sonoro Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 20.97 | |||
| Information Ratio | 0.078 | |||
| Maximum Drawdown | 66.67 | |||
| Value At Risk | (20.00) | |||
| Potential Upside | 25.0 |
Sonoro Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonoro Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonoro Energy's standard deviation. In reality, there are many statistical measures that can use Sonoro Energy historical prices to predict the future Sonoro Energy's volatility.| Risk Adjusted Performance | 0.0695 | |||
| Jensen Alpha | 0.7364 | |||
| Total Risk Alpha | (0.73) | |||
| Sortino Ratio | 0.0473 | |||
| Treynor Ratio | 0.3056 |
Sonoro Energy Backtested Returns
Sonoro Energy is out of control given 3 months investment horizon. Sonoro Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0866, which indicates the firm had a 0.0866 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.1% are justified by taking the suggested risk. Use Sonoro Energy Semi Deviation of 7.55, coefficient of variation of 1154.56, and Risk Adjusted Performance of 0.0695 to evaluate company specific risk that cannot be diversified away. Sonoro Energy holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of 3.57, 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, Sonoro Energy will likely underperform. Use Sonoro Energy value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Sonoro Energy.
Auto-correlation | -0.02 |
Very weak reverse predictability
Sonoro Energy has very weak reverse predictability. Overlapping area represents the amount of predictability between Sonoro Energy time series from 26th of January 2024 to 20th of January 2025 and 20th of January 2025 to 15th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sonoro Energy price movement. The serial correlation of -0.02 indicates that only 2.0% of current Sonoro Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.02 | |
| Spearman Rank Test | 0.18 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sonoro Energy lagged returns against current returns
Autocorrelation, which is Sonoro Energy 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 Sonoro Energy's stock expected returns. We can calculate the autocorrelation of Sonoro Energy returns to help us make a trade decision. For example, suppose you find that Sonoro Energy has exhibited high autocorrelation historically, and you observe that the 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 |
Sonoro 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 Sonoro Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonoro Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonoro Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Sonoro Energy Lagged Returns
When evaluating Sonoro Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonoro Energy stock have on its future price. Sonoro 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, Sonoro Energy autocorrelation shows the relationship between Sonoro Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Sonoro Energy.
Regressed Prices |
| Timeline |
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Additional Tools for Sonoro Stock Analysis
When running Sonoro Energy's price analysis, check to measure Sonoro Energy'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 Sonoro Energy is operating at the current time. Most of Sonoro Energy's value examination focuses on studying past and present price action to predict the probability of Sonoro Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonoro Energy's price. Additionally, you may evaluate how the addition of Sonoro Energy to your portfolios can decrease your overall portfolio volatility.