Southern Hemisphere (Australia) Market Value
| SUH Stock | 0.03 0 2.86% |
| Symbol | Southern |
Southern Hemisphere '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 Southern Hemisphere'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 Southern Hemisphere.
| 01/06/2025 |
| 02/05/2025 |
If you would invest 0.00 in Southern Hemisphere on January 6, 2025 and sell it all today you would earn a total of 0.00 from holding Southern Hemisphere Mining or generate 0.0% return on investment in Southern Hemisphere over 30 days. Southern Hemisphere is related to or competes with Red Hill, Aristocrat Leisure, Tombador Iron, Bisalloy Steel, and EMvision Medical. Southern Hemisphere is entity of Australia More
Southern Hemisphere 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 Southern Hemisphere'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 Southern Hemisphere Mining upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.71 | |||
| Information Ratio | 0.0255 | |||
| Maximum Drawdown | 27.13 | |||
| Value At Risk | (9.68) | |||
| Potential Upside | 6.45 |
Southern Hemisphere Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern Hemisphere's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern Hemisphere's standard deviation. In reality, there are many statistical measures that can use Southern Hemisphere historical prices to predict the future Southern Hemisphere's volatility.| Risk Adjusted Performance | 0.0429 | |||
| Jensen Alpha | 0.1954 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0145 | |||
| Treynor Ratio | (43.35) |
Southern Hemisphere Backtested Returns
Southern Hemisphere appears to be out of control, given 3 months investment horizon. Southern Hemisphere owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0435, which indicates the firm had a 0.0435 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern Hemisphere Mining, which you can use to evaluate the volatility of the company. Please review Southern Hemisphere's Semi Deviation of 3.95, risk adjusted performance of 0.0429, and Coefficient Of Variation of 2421.62 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Southern Hemisphere holds a performance score of 3. The entity has a beta of -0.0045, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Southern Hemisphere are expected to decrease at a much lower rate. During the bear market, Southern Hemisphere is likely to outperform the market. Please check Southern Hemisphere's value at risk, downside variance, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Southern Hemisphere's existing price patterns will revert.
Auto-correlation | -0.62 |
Very good reverse predictability
Southern Hemisphere Mining has very good reverse predictability. Overlapping area represents the amount of predictability between Southern Hemisphere time series from 6th of January 2025 to 21st of January 2025 and 21st of January 2025 to 5th of February 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 Southern Hemisphere price movement. The serial correlation of -0.62 indicates that roughly 62.0% of current Southern Hemisphere price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.62 | |
| Spearman Rank Test | 0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Southern Hemisphere lagged returns against current returns
Autocorrelation, which is Southern Hemisphere 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 Southern Hemisphere's stock expected returns. We can calculate the autocorrelation of Southern Hemisphere returns to help us make a trade decision. For example, suppose you find that Southern Hemisphere 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 |
Southern Hemisphere 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 Southern Hemisphere stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern Hemisphere stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern Hemisphere stock over time.
Current vs Lagged Prices |
| Timeline |
Southern Hemisphere Lagged Returns
When evaluating Southern Hemisphere's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern Hemisphere stock have on its future price. Southern Hemisphere 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, Southern Hemisphere autocorrelation shows the relationship between Southern Hemisphere stock current value and its past values and can show if there is a momentum factor associated with investing in Southern Hemisphere Mining.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Southern Stock Analysis
When running Southern Hemisphere's price analysis, check to measure Southern Hemisphere's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Hemisphere is operating at the current time. Most of Southern Hemisphere's value examination focuses on studying past and present price action to predict the probability of Southern Hemisphere's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Hemisphere's price. Additionally, you may evaluate how the addition of Southern Hemisphere to your portfolios can decrease your overall portfolio volatility.