Spectral Cap Corp Stock Market Value
| FCCN Stock | USD 4.94 0.24 5.11% |
| Symbol | Spectral |
Spectral Cap '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 Spectral Cap's 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 Spectral Cap.
| 11/22/2024 |
| 12/22/2024 |
If you would invest 0.00 in Spectral Cap on November 22, 2024 and sell it all today you would earn a total of 0.00 from holding Spectral Cap Corp or generate 0.0% return on investment in Spectral Cap over 30 days. Spectral Cap is related to or competes with Parsons Corp, Appen, and Usio. Spectral Capital Corporation, a development stage company, focuses on the identification, acquisition, development, and ... More
Spectral Cap 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 Spectral Cap's 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 Spectral Cap Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.54 | |||
| Information Ratio | 0.0917 | |||
| Maximum Drawdown | 24.18 | |||
| Value At Risk | (10.60) | |||
| Potential Upside | 11.84 |
Spectral Cap Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Spectral Cap's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Spectral Cap's standard deviation. In reality, there are many statistical measures that can use Spectral Cap historical prices to predict the future Spectral Cap's volatility.| Risk Adjusted Performance | 0.0857 | |||
| Jensen Alpha | 0.5514 | |||
| Total Risk Alpha | 0.3904 | |||
| Sortino Ratio | 0.0956 | |||
| Treynor Ratio | 13.6 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Spectral Cap'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.
Spectral Cap Corp Backtested Returns
Spectral Cap appears to be risky, given 3 months investment horizon. Spectral Cap Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0688, which indicates the firm had a 0.0688% return per unit of risk over the last 3 months. We have found thirty technical indicators for Spectral Cap Corp, which you can use to evaluate the volatility of the company. Please review Spectral Cap's Coefficient Of Variation of 1028.03, risk adjusted performance of 0.0857, and Semi Deviation of 4.66 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Spectral Cap holds a performance score of 5. The entity has a beta of 0.0406, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Spectral Cap's returns are expected to increase less than the market. However, during the bear market, the loss of holding Spectral Cap is expected to be smaller as well. Please check Spectral Cap's downside variance, day median price, and the relationship between the treynor ratio and kurtosis , to make a quick decision on whether Spectral Cap's existing price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Spectral Cap Corp has insignificant predictability. Overlapping area represents the amount of predictability between Spectral Cap time series from 22nd of November 2024 to 7th of December 2024 and 7th of December 2024 to 22nd 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 Spectral Cap Corp price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Spectral Cap price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.23 |
Spectral Cap Corp lagged returns against current returns
Autocorrelation, which is Spectral Cap 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 Spectral Cap's otc stock expected returns. We can calculate the autocorrelation of Spectral Cap returns to help us make a trade decision. For example, suppose you find that Spectral Cap 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 |
Spectral Cap 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 Spectral Cap otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Spectral Cap otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Spectral Cap otc stock over time.
Current vs Lagged Prices |
| Timeline |
Spectral Cap Lagged Returns
When evaluating Spectral Cap's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Spectral Cap otc stock have on its future price. Spectral Cap 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, Spectral Cap autocorrelation shows the relationship between Spectral Cap otc stock current value and its past values and can show if there is a momentum factor associated with investing in Spectral Cap Corp.
Regressed Prices |
| Timeline |
Pair Trading with Spectral Cap
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Spectral Cap position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Spectral Cap will appreciate offsetting losses from the drop in the long position's value.Moving against Spectral OTC Stock
| 0.71 | GLABF | Gemina Laboratories Earnings Call This Week | PairCorr |
| 0.62 | CEROW | CERo Therapeutics Symbol Change | PairCorr |
| 0.5 | GIFI | Gulf Island Fabrication | PairCorr |
| 0.5 | CNOBP | ConnectOne Bancorp | PairCorr |
| 0.49 | BAC | Bank of America Fiscal Year End 10th of January 2025 | PairCorr |
The ability to find closely correlated positions to Spectral Cap could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Spectral Cap when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Spectral Cap - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Spectral Cap Corp to buy it.
The correlation of Spectral Cap is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Spectral Cap moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Spectral Cap Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Spectral Cap can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Spectral OTC Stock
Spectral Cap financial ratios help investors to determine whether Spectral 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 Spectral with respect to the benefits of owning Spectral Cap security.