SugarHouse HSP Gaming Market Value
| 865033AC8 | 99.91 0.00 0.00% |
| Symbol | SugarHouse |
SugarHouse '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 SugarHouse's bond 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 SugarHouse.
| 11/04/2024 |
| 12/04/2024 |
If you would invest 0.00 in SugarHouse on November 4, 2024 and sell it all today you would earn a total of 0.00 from holding SugarHouse HSP Gaming or generate 0.0% return on investment in SugarHouse over 30 days. SugarHouse is related to or competes with MACOM Technology, Tscan Therapeutics, Inhibrx, Vishay Intertechnology, ASE Industrial, Apogee Therapeutics,, and Acumen Pharmaceuticals. More
SugarHouse 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 SugarHouse's bond 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 SugarHouse HSP Gaming upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.8909 | |||
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.82 | |||
| Value At Risk | (0.32) | |||
| Potential Upside | 0.4118 |
SugarHouse Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SugarHouse's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SugarHouse's standard deviation. In reality, there are many statistical measures that can use SugarHouse historical prices to predict the future SugarHouse's volatility.| Risk Adjusted Performance | 0.0098 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | (0.12) | |||
| Treynor Ratio | (0) |
SugarHouse HSP Gaming Backtested Returns
At this point, SugarHouse is very steady. SugarHouse HSP Gaming owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0102, which indicates the bond had a 0.0102% return per unit of risk over the last 3 months. We have found twenty-five technical indicators for SugarHouse HSP Gaming, which you can use to evaluate the volatility of the bond. Please validate SugarHouse's Coefficient Of Variation of 9226.5, risk adjusted performance of 0.0098, and Semi Deviation of 0.8187 to confirm if the risk estimate we provide is consistent with the expected return of 0.0131%. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SugarHouse's returns are expected to increase less than the market. However, during the bear market, the loss of holding SugarHouse is expected to be smaller as well.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
SugarHouse HSP Gaming has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SugarHouse time series from 4th of November 2024 to 19th of November 2024 and 19th of November 2024 to 4th 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 SugarHouse HSP Gaming price movement. The serial correlation of -0.74 indicates that around 74.0% of current SugarHouse price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.83 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SugarHouse HSP Gaming lagged returns against current returns
Autocorrelation, which is SugarHouse bond'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 SugarHouse's bond expected returns. We can calculate the autocorrelation of SugarHouse returns to help us make a trade decision. For example, suppose you find that SugarHouse has exhibited high autocorrelation historically, and you observe that the bond 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 |
SugarHouse 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 SugarHouse bond is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SugarHouse bond is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SugarHouse bond over time.
Current vs Lagged Prices |
| Timeline |
SugarHouse Lagged Returns
When evaluating SugarHouse's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SugarHouse bond have on its future price. SugarHouse 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, SugarHouse autocorrelation shows the relationship between SugarHouse bond current value and its past values and can show if there is a momentum factor associated with investing in SugarHouse HSP Gaming.
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 SugarHouse Bond
SugarHouse financial ratios help investors to determine whether SugarHouse Bond 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 SugarHouse with respect to the benefits of owning SugarHouse security.