Securetech Innovations Stock Market Value
| SCTH Stock | USD 1.00 0.59 143.90% |
| Symbol | SecureTech |
SecureTech Innovations '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 SecureTech Innovations' 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 SecureTech Innovations.
| 01/02/2023 |
| 12/22/2024 |
If you would invest 0.00 in SecureTech Innovations on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding SecureTech Innovations or generate 0.0% return on investment in SecureTech Innovations over 720 days. SecureTech Innovations is related to or competes with BKV, Republic Bancorp, KKR Co, Obayashi, RCM Technologies, Fast Retailing, and PSQ Holdings. SecureTech Innovations, Inc. develops and markets personal and automobile security and safety devices and technologies i... More
SecureTech Innovations 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 SecureTech Innovations' 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 SecureTech Innovations upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0648 | |||
| Maximum Drawdown | 143.9 |
SecureTech Innovations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SecureTech Innovations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SecureTech Innovations' standard deviation. In reality, there are many statistical measures that can use SecureTech Innovations historical prices to predict the future SecureTech Innovations' volatility.| Risk Adjusted Performance | 0.0622 | |||
| Jensen Alpha | 1.28 | |||
| Total Risk Alpha | 0.7291 | |||
| Treynor Ratio | (2.38) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SecureTech Innovations' 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.
SecureTech Innovations Backtested Returns
SecureTech Innovations is out of control given 3 months investment horizon. SecureTech Innovations owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0664, which indicates the firm had a 0.0664% return per unit of risk over the last 3 months. We were able to interpolate and analyze data for nineteen different technical indicators, which can help you to evaluate if expected returns of 1.28% are justified by taking the suggested risk. Use SecureTech Innovations Variance of 369.75, risk adjusted performance of 0.0622, and Coefficient Of Variation of 1505.16 to evaluate company specific risk that cannot be diversified away. SecureTech Innovations holds a performance score of 5 on a scale of zero to a hundred. The entity has a beta of -0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SecureTech Innovations are expected to decrease at a much lower rate. During the bear market, SecureTech Innovations is likely to outperform the market. Use SecureTech Innovations coefficient of variation, total risk alpha, as well as the relationship between the Total Risk Alpha and day median price , to analyze future returns on SecureTech Innovations.
Auto-correlation | -0.88 |
Excellent reverse predictability
SecureTech Innovations has excellent reverse predictability. Overlapping area represents the amount of predictability between SecureTech Innovations time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 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 SecureTech Innovations price movement. The serial correlation of -0.88 indicates that approximately 88.0% of current SecureTech Innovations price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.88 | |
| Spearman Rank Test | -0.75 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
SecureTech Innovations lagged returns against current returns
Autocorrelation, which is SecureTech Innovations 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 SecureTech Innovations' pink sheet expected returns. We can calculate the autocorrelation of SecureTech Innovations returns to help us make a trade decision. For example, suppose you find that SecureTech Innovations 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 |
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SecureTech Innovations 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 SecureTech Innovations pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SecureTech Innovations pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SecureTech Innovations pink sheet over time.
Current vs Lagged Prices |
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SecureTech Innovations Lagged Returns
When evaluating SecureTech Innovations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SecureTech Innovations pink sheet have on its future price. SecureTech Innovations 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, SecureTech Innovations autocorrelation shows the relationship between SecureTech Innovations pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SecureTech Innovations.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SecureTech Pink Sheet
SecureTech Innovations financial ratios help investors to determine whether SecureTech 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 SecureTech with respect to the benefits of owning SecureTech Innovations security.