Smartone Telecommunications Holdings Stock Market Value
| STTFF Stock | USD 0.50 0.00 0.00% |
| Symbol | SmarTone |
SmarTone Telecommunicatio '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 SmarTone Telecommunicatio'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 SmarTone Telecommunicatio.
| 06/25/2024 |
| 01/16/2026 |
If you would invest 0.00 in SmarTone Telecommunicatio on June 25, 2024 and sell it all today you would earn a total of 0.00 from holding SmarTone Telecommunications Holdings or generate 0.0% return on investment in SmarTone Telecommunicatio over 570 days. SmarTone Telecommunicatio is related to or competes with Iridium Communications, MTY Food, NH Foods, Tyson Foods, Cisco Systems, and Seneca Foods. SmarTone Telecommunications Holdings Limited, an investment holding company, provides mobile telecommunication services ... More
SmarTone Telecommunicatio 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 SmarTone Telecommunicatio'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 SmarTone Telecommunications Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 4.17 |
SmarTone Telecommunicatio Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SmarTone Telecommunicatio's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SmarTone Telecommunicatio's standard deviation. In reality, there are many statistical measures that can use SmarTone Telecommunicatio historical prices to predict the future SmarTone Telecommunicatio's volatility.| Risk Adjusted Performance | 0.0818 | |||
| Jensen Alpha | 0.0525 | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | 7.93 |
SmarTone Telecommunicatio Backtested Returns
At this point, SmarTone Telecommunicatio is risky. SmarTone Telecommunicatio 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 SmarTone Telecommunications Holdings, which you can use to evaluate the volatility of the company. Please validate SmarTone Telecommunicatio's Variance of 0.263, coefficient of variation of 812.4, and Risk Adjusted Performance of 0.0818 to confirm if the risk estimate we provide is consistent with the expected return of 0.0661%. SmarTone Telecommunicatio has a performance score of 10 on a scale of 0 to 100. The entity has a beta of 0.0067, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SmarTone Telecommunicatio's returns are expected to increase less than the market. However, during the bear market, the loss of holding SmarTone Telecommunicatio is expected to be smaller as well. SmarTone Telecommunicatio right now has a risk of 0.53%. Please validate SmarTone Telecommunicatio mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if SmarTone Telecommunicatio will be following its existing price patterns.
Auto-correlation | 0.61 |
Good predictability
SmarTone Telecommunications Holdings has good predictability. Overlapping area represents the amount of predictability between SmarTone Telecommunicatio time series from 25th of June 2024 to 6th of April 2025 and 6th of April 2025 to 16th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SmarTone Telecommunicatio price movement. The serial correlation of 0.61 indicates that roughly 61.0% of current SmarTone Telecommunicatio price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.61 | |
| Spearman Rank Test | 0.96 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SmarTone Telecommunicatio lagged returns against current returns
Autocorrelation, which is SmarTone Telecommunicatio 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 SmarTone Telecommunicatio's pink sheet expected returns. We can calculate the autocorrelation of SmarTone Telecommunicatio returns to help us make a trade decision. For example, suppose you find that SmarTone Telecommunicatio 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 |
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SmarTone Telecommunicatio 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 SmarTone Telecommunicatio pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SmarTone Telecommunicatio pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SmarTone Telecommunicatio pink sheet over time.
Current vs Lagged Prices |
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SmarTone Telecommunicatio Lagged Returns
When evaluating SmarTone Telecommunicatio's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SmarTone Telecommunicatio pink sheet have on its future price. SmarTone Telecommunicatio 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, SmarTone Telecommunicatio autocorrelation shows the relationship between SmarTone Telecommunicatio pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SmarTone Telecommunications Holdings.
Regressed Prices |
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Currently Active Assets on Macroaxis
Other Information on Investing in SmarTone Pink Sheet
SmarTone Telecommunicatio financial ratios help investors to determine whether SmarTone 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 SmarTone with respect to the benefits of owning SmarTone Telecommunicatio security.