Standard Uranium Stock Market Value
| STTDF Stock | USD 0.06 0 5.21% |
| Symbol | Standard |
Standard Uranium '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 Standard Uranium'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 Standard Uranium.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Standard Uranium on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Standard Uranium or generate 0.0% return on investment in Standard Uranium over 30 days. Standard Uranium is related to or competes with Isoenergy, Paladin Energy, F3 Uranium, EnCore Energy, Ur Energy, Uranium Energy, and Centrus Energy. Standard Uranium Ltd., an exploration stage company, acquires, evaluates, and develops uranium properties in Canada More
Standard Uranium 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 Standard Uranium'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 Standard Uranium upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 36.41 | |||
| Value At Risk | (13.41) | |||
| Potential Upside | 14.29 |
Standard Uranium Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Standard Uranium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Standard Uranium's standard deviation. In reality, there are many statistical measures that can use Standard Uranium historical prices to predict the future Standard Uranium's volatility.| Risk Adjusted Performance | 0.0077 | |||
| Jensen Alpha | 0.1611 | |||
| Total Risk Alpha | (1.24) | |||
| Treynor Ratio | 0.0154 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Standard Uranium'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.
Standard Uranium Backtested Returns
Standard Uranium owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0219, which indicates the firm had a -0.0219% return per unit of risk over the last 3 months. Standard Uranium exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Standard Uranium's Risk Adjusted Performance of 0.0077, coefficient of variation of (56,060), and Variance of 61.68 to confirm the risk estimate we provide. The entity has a beta of -1.56, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Standard Uranium are expected to decrease by larger amounts. On the other hand, during market turmoil, Standard Uranium is expected to outperform it. At this point, Standard Uranium has a negative expected return of -0.17%. Please make sure to validate Standard Uranium's jensen alpha and the relationship between the potential upside and price action indicator , to decide if Standard Uranium performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.67 |
Good predictability
Standard Uranium has good predictability. Overlapping area represents the amount of predictability between Standard Uranium time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Standard Uranium price movement. The serial correlation of 0.67 indicates that around 67.0% of current Standard Uranium price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.67 | |
| Spearman Rank Test | 0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Standard Uranium lagged returns against current returns
Autocorrelation, which is Standard Uranium 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 Standard Uranium's otc stock expected returns. We can calculate the autocorrelation of Standard Uranium returns to help us make a trade decision. For example, suppose you find that Standard Uranium 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 |
Standard Uranium 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 Standard Uranium otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Standard Uranium otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Standard Uranium otc stock over time.
Current vs Lagged Prices |
| Timeline |
Standard Uranium Lagged Returns
When evaluating Standard Uranium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Standard Uranium otc stock have on its future price. Standard Uranium 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, Standard Uranium autocorrelation shows the relationship between Standard Uranium otc stock current value and its past values and can show if there is a momentum factor associated with investing in Standard Uranium.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Standard OTC Stock
Standard Uranium financial ratios help investors to determine whether Standard 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 Standard with respect to the benefits of owning Standard Uranium security.