361 Degrees International Stock Market Value
| TSIOF Stock | USD 0.49 0.01 2.00% |
| Symbol | 361 |
361 Degrees '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 361 Degrees' 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 361 Degrees.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in 361 Degrees on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding 361 Degrees International or generate 0.0% return on investment in 361 Degrees over 30 days. 361 Degrees is related to or competes with American Rebel, Crocs, On Holding, Deckers Outdoor, Skechers USA, Steven Madden, and Designer Brands. 361 Degrees International Limited, an investment holding company, manufactures and trades in sporting goods in the Peopl... More
361 Degrees 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 361 Degrees' 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 361 Degrees International upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0274 | |||
| Maximum Drawdown | 47.53 | |||
| Value At Risk | (3.64) |
361 Degrees Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 361 Degrees' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 361 Degrees' standard deviation. In reality, there are many statistical measures that can use 361 Degrees historical prices to predict the future 361 Degrees' volatility.| Risk Adjusted Performance | 0.0492 | |||
| Jensen Alpha | 0.2061 | |||
| Total Risk Alpha | (0.54) | |||
| Treynor Ratio | 0.5767 |
361 Degrees International Backtested Returns
361 Degrees appears to be out of control, given 3 months investment horizon. 361 Degrees International retains Efficiency (Sharpe Ratio) of 0.0404, which signifies that the company had a 0.0404% return per unit of price deviation over the last 3 months. We have found twenty-one technical indicators for 361 Degrees, which you can use to evaluate the volatility of the entity. Please makes use of 361 Degrees' Information Ratio of 0.0274, variance of 26.05, and Market Risk Adjusted Performance of 0.5867 to double-check if our risk estimates are consistent with your expectations. On a scale of 0 to 100, 361 Degrees holds a performance score of 3. The firm owns a Beta (Systematic Risk) of 0.45, which signifies possible diversification benefits within a given portfolio. As returns on the market increase, 361 Degrees' returns are expected to increase less than the market. However, during the bear market, the loss of holding 361 Degrees is expected to be smaller as well. Please check 361 Degrees' standard deviation and the relationship between the total risk alpha and price action indicator , to make a quick decision on whether 361 Degrees' current price history will revert.
Auto-correlation | 0.30 |
Below average predictability
361 Degrees International has below average predictability. Overlapping area represents the amount of predictability between 361 Degrees time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 361 Degrees International price movement. The serial correlation of 0.3 indicates that nearly 30.0% of current 361 Degrees price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.3 | |
| Spearman Rank Test | 0.77 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
361 Degrees International lagged returns against current returns
Autocorrelation, which is 361 Degrees 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 361 Degrees' pink sheet expected returns. We can calculate the autocorrelation of 361 Degrees returns to help us make a trade decision. For example, suppose you find that 361 Degrees 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 |
361 Degrees 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 361 Degrees pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 361 Degrees pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 361 Degrees pink sheet over time.
Current vs Lagged Prices |
| Timeline |
361 Degrees Lagged Returns
When evaluating 361 Degrees' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 361 Degrees pink sheet have on its future price. 361 Degrees 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, 361 Degrees autocorrelation shows the relationship between 361 Degrees pink sheet current value and its past values and can show if there is a momentum factor associated with investing in 361 Degrees International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in 361 Pink Sheet
361 Degrees financial ratios help investors to determine whether 361 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 361 with respect to the benefits of owning 361 Degrees security.