Stratocomm Stock Market Value
| STCO Stock | USD 0.0001 0.00 0.00% |
| Symbol | StratoComm |
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of StratoComm. If investors know StratoComm will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about StratoComm listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.01) |
The market value of StratoComm is measured differently than its book value, which is the value of StratoComm that is recorded on the company's balance sheet. Investors also form their own opinion of StratoComm's value that differs from its market value or its book value, called intrinsic value, which is StratoComm's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because StratoComm's market value can be influenced by many factors that don't directly affect StratoComm's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between StratoComm's value and its price as these two are different measures arrived at by different means. Investors typically determine if StratoComm is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, StratoComm's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
StratoComm '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 StratoComm'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 StratoComm.
| 11/30/2023 |
| 11/24/2024 |
If you would invest 0.00 in StratoComm on November 30, 2023 and sell it all today you would earn a total of 0.00 from holding StratoComm or generate 0.0% return on investment in StratoComm over 360 days. StratoComm is related to or competes with Grab Holdings, and Cadence Design. StratoComm Corporation engages in the development and provision of telecommunications infrastructure technologies worldw... More
StratoComm 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 StratoComm'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 StratoComm upside and downside potential and time the market with a certain degree of confidence.
StratoComm Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for StratoComm's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as StratoComm's standard deviation. In reality, there are many statistical measures that can use StratoComm historical prices to predict the future StratoComm's volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of StratoComm's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
StratoComm Backtested Returns
We have found three technical indicators for StratoComm, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and StratoComm are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
StratoComm has perfect predictability. Overlapping area represents the amount of predictability between StratoComm time series from 30th of November 2023 to 28th of May 2024 and 28th of May 2024 to 24th 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 StratoComm price movement. The serial correlation of 1.0 indicates that 100.0% of current StratoComm price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
StratoComm lagged returns against current returns
Autocorrelation, which is StratoComm 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 StratoComm's stock expected returns. We can calculate the autocorrelation of StratoComm returns to help us make a trade decision. For example, suppose you find that StratoComm 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 |
StratoComm 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 StratoComm stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if StratoComm stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in StratoComm stock over time.
Current vs Lagged Prices |
| Timeline |
StratoComm Lagged Returns
When evaluating StratoComm's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of StratoComm stock have on its future price. StratoComm 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, StratoComm autocorrelation shows the relationship between StratoComm stock current value and its past values and can show if there is a momentum factor associated with investing in StratoComm.
Regressed Prices |
| Timeline |
Pair Trading with StratoComm
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if StratoComm position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in StratoComm will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to StratoComm could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace StratoComm when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back StratoComm - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling StratoComm to buy it.
The correlation of StratoComm is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as StratoComm moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if StratoComm moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for StratoComm can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out StratoComm Correlation, StratoComm Volatility and StratoComm Alpha and Beta module to complement your research on StratoComm. To learn how to invest in StratoComm Stock, please use our How to Invest in StratoComm guide.You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
StratoComm technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.