Sundance Strategies Stock Market Value
| SUND Stock | USD 0.79 0.01 1.25% |
| Symbol | Sundance |
Sundance Strategies '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 Sundance Strategies' 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 Sundance Strategies.
| 11/01/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sundance Strategies on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Sundance Strategies or generate 0.0% return on investment in Sundance Strategies over 30 days. Sundance Strategies is related to or competes with HUMANA, SCOR PK, Thrivent High, Morningstar Unconstrained, SPACE, Via Renewables, and T Rowe. Sundance Strategies, Inc. provides professional services to specialty structured finance groups, bond issuers, and life ... More
Sundance Strategies 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 Sundance Strategies' 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 Sundance Strategies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 13.92 | |||
| Information Ratio | 0.0014 | |||
| Maximum Drawdown | 46.46 | |||
| Value At Risk | (7.22) | |||
| Potential Upside | 8.7 |
Sundance Strategies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sundance Strategies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sundance Strategies' standard deviation. In reality, there are many statistical measures that can use Sundance Strategies historical prices to predict the future Sundance Strategies' volatility.| Risk Adjusted Performance | 0.0262 | |||
| Jensen Alpha | (0.1) | |||
| Total Risk Alpha | (0.94) | |||
| Sortino Ratio | 6.0E-4 | |||
| Treynor Ratio | 0.0738 |
Sundance Strategies Backtested Returns
At this point, Sundance Strategies is out of control. Sundance Strategies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0231, which indicates the firm had a 0.0231% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sundance Strategies, which you can use to evaluate the volatility of the company. Please validate Sundance Strategies' Coefficient Of Variation of 4392.42, semi deviation of 4.46, and Risk Adjusted Performance of 0.0262 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sundance Strategies has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 1.85, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sundance Strategies will likely underperform. Sundance Strategies right now has a risk of 6.54%. Please validate Sundance Strategies maximum drawdown and the relationship between the semi variance and price action indicator , to decide if Sundance Strategies will be following its existing price patterns.
Auto-correlation | 0.66 |
Good predictability
Sundance Strategies has good predictability. Overlapping area represents the amount of predictability between Sundance Strategies time series from 1st of November 2024 to 16th of November 2024 and 16th of November 2024 to 1st of December 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 Sundance Strategies price movement. The serial correlation of 0.66 indicates that around 66.0% of current Sundance Strategies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.66 | |
| Spearman Rank Test | -0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sundance Strategies lagged returns against current returns
Autocorrelation, which is Sundance Strategies 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 Sundance Strategies' otc stock expected returns. We can calculate the autocorrelation of Sundance Strategies returns to help us make a trade decision. For example, suppose you find that Sundance Strategies 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 |
Sundance Strategies 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 Sundance Strategies otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sundance Strategies otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sundance Strategies otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sundance Strategies Lagged Returns
When evaluating Sundance Strategies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sundance Strategies otc stock have on its future price. Sundance Strategies 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, Sundance Strategies autocorrelation shows the relationship between Sundance Strategies otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sundance Strategies.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Sundance OTC Stock
Sundance Strategies financial ratios help investors to determine whether Sundance 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 Sundance with respect to the benefits of owning Sundance Strategies security.