Southern California Gas Stock Market Value
| SOCGM Stock | USD 25.50 0.00 0.00% |
| Symbol | Southern |
Southern California '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 Southern California'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 Southern California.
| 09/03/2024 |
| 12/02/2024 |
If you would invest 0.00 in Southern California on September 3, 2024 and sell it all today you would earn a total of 0.00 from holding Southern California Gas or generate 0.0% return on investment in Southern California over 90 days. Southern California is related to or competes with United Rentals, China Aircraft, Playa Hotels, Vestis, Hertz Global, United Parks, and JD Sports. More
Southern California 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 Southern California'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 Southern California Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 8.58 | |||
| Potential Upside | 1.45 |
Southern California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern California's standard deviation. In reality, there are many statistical measures that can use Southern California historical prices to predict the future Southern California's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.26) | |||
| Treynor Ratio | (0.25) |
Southern California Gas Backtested Returns
As of now, Southern OTC Stock is very steady. Southern California Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0093, which indicates the firm had a 0.0093% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Southern California Gas, which you can use to evaluate the volatility of the company. Please validate Southern California's Risk Adjusted Performance of (0.04), variance of 1.28, and Coefficient Of Variation of (1,788) to confirm if the risk estimate we provide is consistent with the expected return of 0.0091%. The entity has a beta of 0.29, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Southern California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern California is expected to be smaller as well. Southern California Gas right now has a risk of 0.98%. Please validate Southern California variance, as well as the relationship between the potential upside and day median price , to decide if Southern California will be following its existing price patterns.
Auto-correlation | -0.73 |
Almost perfect reverse predictability
Southern California Gas has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Southern California time series from 3rd of September 2024 to 18th of October 2024 and 18th of October 2024 to 2nd of December 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 Southern California Gas price movement. The serial correlation of -0.73 indicates that around 73.0% of current Southern California price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.73 | |
| Spearman Rank Test | -0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Southern California Gas lagged returns against current returns
Autocorrelation, which is Southern California 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 Southern California's otc stock expected returns. We can calculate the autocorrelation of Southern California returns to help us make a trade decision. For example, suppose you find that Southern California 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 |
Southern California 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 Southern California otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern California otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern California otc stock over time.
Current vs Lagged Prices |
| Timeline |
Southern California Lagged Returns
When evaluating Southern California's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern California otc stock have on its future price. Southern California 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, Southern California autocorrelation shows the relationship between Southern California otc stock current value and its past values and can show if there is a momentum factor associated with investing in Southern California Gas.
Regressed Prices |
| Timeline |
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Southern California financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern California security.