Three Sixty Solar Stock Market Value
| VSOLF Stock | USD 0.0001 0 97.50% |
| Symbol | Three |
Three Sixty '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 Three Sixty'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 Three Sixty.
| 01/31/2024 |
| 11/26/2024 |
If you would invest 0.00 in Three Sixty on January 31, 2024 and sell it all today you would earn a total of 0.00 from holding Three Sixty Solar or generate 0.0% return on investment in Three Sixty over 300 days. Three Sixty is related to or competes with First Solar, Enphase Energy, and Array Technologies. Three Sixty Solar Ltd. designs, builds, and installs vertical solar array systems More
Three Sixty 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 Three Sixty'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 Three Sixty Solar upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 171.92 | |||
| Value At Risk | (37.50) | |||
| Potential Upside | 25.0 |
Three Sixty Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Three Sixty's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Three Sixty's standard deviation. In reality, there are many statistical measures that can use Three Sixty historical prices to predict the future Three Sixty's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (2.64) | |||
| Total Risk Alpha | (6.25) | |||
| Treynor Ratio | 9.58 |
Three Sixty Solar Backtested Returns
Three Sixty Solar owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Three Sixty Solar exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Three Sixty's Variance of 533.16, risk adjusted performance of (0.08), and Coefficient Of Variation of (867.86) to confirm the risk estimate we provide. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Three Sixty are expected to decrease at a much lower rate. During the bear market, Three Sixty is likely to outperform the market. At this point, Three Sixty Solar has a negative expected return of -2.89%. Please make sure to validate Three Sixty's treynor ratio, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Three Sixty Solar performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.82 |
Very good predictability
Three Sixty Solar has very good predictability. Overlapping area represents the amount of predictability between Three Sixty time series from 31st of January 2024 to 29th of June 2024 and 29th of June 2024 to 26th 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 Three Sixty Solar price movement. The serial correlation of 0.82 indicates that around 82.0% of current Three Sixty price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.82 | |
| Spearman Rank Test | 0.81 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Three Sixty Solar lagged returns against current returns
Autocorrelation, which is Three Sixty 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 Three Sixty's pink sheet expected returns. We can calculate the autocorrelation of Three Sixty returns to help us make a trade decision. For example, suppose you find that Three Sixty 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 |
Three Sixty 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 Three Sixty pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Three Sixty pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Three Sixty pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Three Sixty Lagged Returns
When evaluating Three Sixty's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Three Sixty pink sheet have on its future price. Three Sixty 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, Three Sixty autocorrelation shows the relationship between Three Sixty pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Three Sixty Solar.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Three Pink Sheet
Three Sixty financial ratios help investors to determine whether Three 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 Three with respect to the benefits of owning Three Sixty security.