Supremex Stock Market Value
| SUMXF Stock | USD 2.60 0.06 2.26% |
| Symbol | Supremex |
Supremex '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 Supremex'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 Supremex.
| 06/09/2024 |
| 12/31/2025 |
If you would invest 0.00 in Supremex on June 9, 2024 and sell it all today you would earn a total of 0.00 from holding Supremex or generate 0.0% return on investment in Supremex over 570 days. Supremex is related to or competes with Phonex, Transat AT, Xiabuxiabu Catering, Nilrngruppen, Galaxy Gaming, and New World. Supremex Inc. manufactures and markets envelopes, and paper packaging solutions and specialty products to corporations, ... More
Supremex 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 Supremex'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 Supremex upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.04 | |||
| Value At Risk | (3.01) | |||
| Potential Upside | 1.92 |
Supremex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Supremex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Supremex's standard deviation. In reality, there are many statistical measures that can use Supremex historical prices to predict the future Supremex's volatility.| Risk Adjusted Performance | (0.01) | |||
| Jensen Alpha | (0.07) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Supremex'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.
Supremex Backtested Returns
Supremex owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0263, which indicates the firm had a -0.0263 % return per unit of risk over the last 3 months. Supremex exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Supremex's Coefficient Of Variation of (3,806), risk adjusted performance of (0.01), and Variance of 2.57 to confirm the risk estimate we provide. The entity has a beta of 0.31, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Supremex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Supremex is expected to be smaller as well. At this point, Supremex has a negative expected return of -0.0421%. Please make sure to validate Supremex's treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if Supremex performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.1 |
Very weak reverse predictability
Supremex has very weak reverse predictability. Overlapping area represents the amount of predictability between Supremex time series from 9th of June 2024 to 21st of March 2025 and 21st of March 2025 to 31st 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 Supremex price movement. The serial correlation of -0.1 indicates that less than 10.0% of current Supremex price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.1 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.07 |
Supremex lagged returns against current returns
Autocorrelation, which is Supremex 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 Supremex's pink sheet expected returns. We can calculate the autocorrelation of Supremex returns to help us make a trade decision. For example, suppose you find that Supremex 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 |
Supremex 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 Supremex pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Supremex pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Supremex pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Supremex Lagged Returns
When evaluating Supremex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Supremex pink sheet have on its future price. Supremex 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, Supremex autocorrelation shows the relationship between Supremex pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Supremex.
Regressed Prices |
| Timeline |
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Other Information on Investing in Supremex Pink Sheet
Supremex financial ratios help investors to determine whether Supremex 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 Supremex with respect to the benefits of owning Supremex security.