Schiehallion (UK) Market Value
| MNTN Stock | 1.09 0.01 0.91% |
| Symbol | Schiehallion |
Schiehallion '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 Schiehallion's 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 Schiehallion.
| 01/12/2022 |
| 12/27/2024 |
If you would invest 0.00 in Schiehallion on January 12, 2022 and sell it all today you would earn a total of 0.00 from holding Schiehallion or generate 0.0% return on investment in Schiehallion over 1080 days. Schiehallion is related to or competes with Samsung Electronics, Samsung Electronics, Toyota, State Bank, SoftBank Group, Reliance Industries, and Halyk Bank. Schiehallion is entity of United Kingdom More
Schiehallion 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 Schiehallion's 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 Schiehallion upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.45 | |||
| Information Ratio | 0.2097 | |||
| Maximum Drawdown | 13.63 | |||
| Value At Risk | (2.15) | |||
| Potential Upside | 7.32 |
Schiehallion Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Schiehallion's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Schiehallion's standard deviation. In reality, there are many statistical measures that can use Schiehallion historical prices to predict the future Schiehallion's volatility.| Risk Adjusted Performance | 0.1849 | |||
| Jensen Alpha | 0.5003 | |||
| Total Risk Alpha | 0.44 | |||
| Sortino Ratio | 0.1962 | |||
| Treynor Ratio | 3.08 |
Schiehallion Backtested Returns
Schiehallion appears to be very risky, given 3 months investment horizon. Schiehallion owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.23, which indicates the firm had a 0.23% return per unit of risk over the last 3 months. By inspecting Schiehallion's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Schiehallion's Coefficient Of Variation of 447.04, semi deviation of 0.7077, and Risk Adjusted Performance of 0.1849 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Schiehallion holds a performance score of 18. The entity has a beta of 0.16, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Schiehallion's returns are expected to increase less than the market. However, during the bear market, the loss of holding Schiehallion is expected to be smaller as well. Please check Schiehallion's jensen alpha, sortino ratio, and the relationship between the standard deviation and total risk alpha , to make a quick decision on whether Schiehallion's existing price patterns will revert.
Auto-correlation | 0.03 |
Virtually no predictability
Schiehallion has virtually no predictability. Overlapping area represents the amount of predictability between Schiehallion time series from 12th of January 2022 to 6th of July 2023 and 6th of July 2023 to 27th 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 Schiehallion price movement. The serial correlation of 0.03 indicates that only 3.0% of current Schiehallion price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | -0.65 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Schiehallion lagged returns against current returns
Autocorrelation, which is Schiehallion 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 Schiehallion's stock expected returns. We can calculate the autocorrelation of Schiehallion returns to help us make a trade decision. For example, suppose you find that Schiehallion has exhibited high autocorrelation historically, and you observe that the 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 |
Schiehallion 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 Schiehallion stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Schiehallion stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Schiehallion stock over time.
Current vs Lagged Prices |
| Timeline |
Schiehallion Lagged Returns
When evaluating Schiehallion's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Schiehallion stock have on its future price. Schiehallion 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, Schiehallion autocorrelation shows the relationship between Schiehallion stock current value and its past values and can show if there is a momentum factor associated with investing in Schiehallion.
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.Additional Tools for Schiehallion Stock Analysis
When running Schiehallion's price analysis, check to measure Schiehallion's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Schiehallion is operating at the current time. Most of Schiehallion's value examination focuses on studying past and present price action to predict the probability of Schiehallion's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Schiehallion's price. Additionally, you may evaluate how the addition of Schiehallion to your portfolios can decrease your overall portfolio volatility.