Scatec Asa Stock Market Value
| STECF Stock | USD 9.40 0.00 0.00% |
| Symbol | Scatec |
Scatec ASA '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 Scatec ASA'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 Scatec ASA.
| 12/31/2024 |
| 12/26/2025 |
If you would invest 0.00 in Scatec ASA on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Scatec ASA or generate 0.0% return on investment in Scatec ASA over 360 days. Scatec ASA is related to or competes with Drax Group, Public PowerSA, Drax Group, China Suntien, Electric Power, and Tohoku Electric. Scatec ASA, together with its subsidiaries, operates as a renewable power producer worldwide More
Scatec ASA 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 Scatec ASA'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 Scatec ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0946 | |||
| Maximum Drawdown | 22.88 |
Scatec ASA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scatec ASA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scatec ASA's standard deviation. In reality, there are many statistical measures that can use Scatec ASA historical prices to predict the future Scatec ASA's volatility.| Risk Adjusted Performance | 0.0941 | |||
| Jensen Alpha | 0.3631 | |||
| Total Risk Alpha | 0.0555 | |||
| Treynor Ratio | (0.89) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Scatec ASA'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.
Scatec ASA Backtested Returns
Scatec ASA appears to be somewhat reliable, given 3 months investment horizon. Scatec ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of risk over the last 3 months. We have found sixteen technical indicators for Scatec ASA, which you can use to evaluate the volatility of the company. Please review Scatec ASA's Coefficient Of Variation of 812.4, risk adjusted performance of 0.0941, and Variance of 7.93 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Scatec ASA holds a performance score of 10. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Scatec ASA are expected to decrease at a much lower rate. During the bear market, Scatec ASA is likely to outperform the market. Please check Scatec ASA's variance, as well as the relationship between the maximum drawdown and rate of daily change , to make a quick decision on whether Scatec ASA's existing price patterns will revert.
Auto-correlation | 0.02 |
Virtually no predictability
Scatec ASA has virtually no predictability. Overlapping area represents the amount of predictability between Scatec ASA time series from 31st of December 2024 to 29th of June 2025 and 29th of June 2025 to 26th of December 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Scatec ASA price movement. The serial correlation of 0.02 indicates that only 2.0% of current Scatec ASA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 1.28 |
Scatec ASA lagged returns against current returns
Autocorrelation, which is Scatec ASA 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 Scatec ASA's pink sheet expected returns. We can calculate the autocorrelation of Scatec ASA returns to help us make a trade decision. For example, suppose you find that Scatec ASA 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 |
Scatec ASA 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 Scatec ASA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scatec ASA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scatec ASA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Scatec ASA Lagged Returns
When evaluating Scatec ASA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scatec ASA pink sheet have on its future price. Scatec ASA 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, Scatec ASA autocorrelation shows the relationship between Scatec ASA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Scatec ASA.
Regressed Prices |
| Timeline |
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Other Information on Investing in Scatec Pink Sheet
Scatec ASA financial ratios help investors to determine whether Scatec 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 Scatec with respect to the benefits of owning Scatec ASA security.