Spc Nickel Corp Stock Market Value
| SPCNF Stock | USD 0.01 0.01 26.32% |
| Symbol | SPC |
SPC Nickel '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 SPC Nickel'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 SPC Nickel.
| 11/29/2023 |
| 11/23/2024 |
If you would invest 0.00 in SPC Nickel on November 29, 2023 and sell it all today you would earn a total of 0.00 from holding SPC Nickel Corp or generate 0.0% return on investment in SPC Nickel over 360 days. SPC Nickel is related to or competes with South Star, and Mundoro Capital. SPC Nickel Corp. engages in the acquisition, exploration and development of mineral properties in Canada More
SPC Nickel 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 SPC Nickel'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 SPC Nickel Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 132.43 | |||
| Value At Risk | (10.36) |
SPC Nickel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SPC Nickel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SPC Nickel's standard deviation. In reality, there are many statistical measures that can use SPC Nickel historical prices to predict the future SPC Nickel's volatility.| Risk Adjusted Performance | 0.0515 | |||
| Jensen Alpha | 0.9021 | |||
| Total Risk Alpha | (1.55) | |||
| Treynor Ratio | (1.10) |
SPC Nickel Corp Backtested Returns
SPC Nickel appears to be out of control, given 3 months investment horizon. SPC Nickel Corp retains Efficiency (Sharpe Ratio) of 0.0553, which indicates the firm had a 0.0553% return per unit of volatility over the last 3 months. By inspecting SPC Nickel's technical indicators, you can evaluate if the expected return of 0.84% is justified by implied risk. Please review SPC Nickel's standard deviation of 15.0, and Risk Adjusted Performance of 0.0515 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SPC Nickel holds a performance score of 4. The entity owns a Beta (Systematic Risk) of -0.74, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SPC Nickel are expected to decrease at a much lower rate. During the bear market, SPC Nickel is likely to outperform the market. Please check SPC Nickel's jensen alpha, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether SPC Nickel's current price history will revert.
Auto-correlation | -0.09 |
Very weak reverse predictability
SPC Nickel Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between SPC Nickel time series from 29th of November 2023 to 27th of May 2024 and 27th of May 2024 to 23rd 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 SPC Nickel Corp price movement. The serial correlation of -0.09 indicates that less than 9.0% of current SPC Nickel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.09 | |
| Spearman Rank Test | 0.54 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SPC Nickel Corp lagged returns against current returns
Autocorrelation, which is SPC Nickel 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 SPC Nickel's pink sheet expected returns. We can calculate the autocorrelation of SPC Nickel returns to help us make a trade decision. For example, suppose you find that SPC Nickel 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 |
SPC Nickel 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 SPC Nickel pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SPC Nickel pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SPC Nickel pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SPC Nickel Lagged Returns
When evaluating SPC Nickel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SPC Nickel pink sheet have on its future price. SPC Nickel 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, SPC Nickel autocorrelation shows the relationship between SPC Nickel pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SPC Nickel Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SPC Pink Sheet
SPC Nickel financial ratios help investors to determine whether SPC 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 SPC with respect to the benefits of owning SPC Nickel security.