Solution Financial Stock Market Value
| SFI Stock | 0.28 0.00 0.00% |
| Symbol | Solution |
Solution Financial '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 Solution Financial'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 Solution Financial.
| 09/30/2024 |
| 12/29/2024 |
If you would invest 0.00 in Solution Financial on September 30, 2024 and sell it all today you would earn a total of 0.00 from holding Solution Financial or generate 0.0% return on investment in Solution Financial over 90 days. Solution Financial is related to or competes with Berkshire Hathaway, Microsoft Corp, Apple, Alphabet, Amazon CDR, Meta Platforms, and Exxon. Solution Financial is entity of Canada. It is traded as Stock on TO exchange. More
Solution Financial 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 Solution Financial'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 Solution Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 10.71 | |||
| Value At Risk | (3.45) | |||
| Potential Upside | 3.57 |
Solution Financial Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solution Financial's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solution Financial's standard deviation. In reality, there are many statistical measures that can use Solution Financial historical prices to predict the future Solution Financial's volatility.| Risk Adjusted Performance | 0.0018 | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | (0.10) | |||
| Treynor Ratio | (0.03) |
Solution Financial Backtested Returns
Solution Financial owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0076, which indicates the firm had a -0.0076% return per unit of risk over the last 3 months. Solution Financial exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solution Financial's Coefficient Of Variation of (15,246), variance of 7.24, and Risk Adjusted Performance of 0.0018 to confirm the risk estimate we provide. The entity has a beta of 0.89, which indicates possible diversification benefits within a given portfolio. Solution Financial returns are very sensitive to returns on the market. As the market goes up or down, Solution Financial is expected to follow. At this point, Solution Financial has a negative expected return of -0.0203%. Please make sure to validate Solution Financial's information ratio, potential upside, as well as the relationship between the Potential Upside and day median price , to decide if Solution Financial performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.27 |
Poor predictability
Solution Financial has poor predictability. Overlapping area represents the amount of predictability between Solution Financial time series from 30th of September 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Solution Financial price movement. The serial correlation of 0.27 indicates that nearly 27.0% of current Solution Financial price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.27 | |
| Spearman Rank Test | -0.16 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Solution Financial lagged returns against current returns
Autocorrelation, which is Solution Financial 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 Solution Financial's stock expected returns. We can calculate the autocorrelation of Solution Financial returns to help us make a trade decision. For example, suppose you find that Solution Financial 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 |
Solution Financial 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 Solution Financial stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solution Financial stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solution Financial stock over time.
Current vs Lagged Prices |
| Timeline |
Solution Financial Lagged Returns
When evaluating Solution Financial's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solution Financial stock have on its future price. Solution Financial 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, Solution Financial autocorrelation shows the relationship between Solution Financial stock current value and its past values and can show if there is a momentum factor associated with investing in Solution Financial.
Regressed Prices |
| Timeline |
Pair Trading with Solution Financial
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 Solution Financial 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 Solution Financial will appreciate offsetting losses from the drop in the long position's value.Moving together with Solution Stock
Moving against Solution Stock
| 0.71 | HUT | Hut 8 Mining | PairCorr |
| 0.69 | Y | Yellow Pages Limited | PairCorr |
| 0.64 | ENS-PA | E Split Corp | PairCorr |
| 0.62 | DGS | Dividend Growth Split | PairCorr |
| 0.61 | ERE-UN | European Residential Real | PairCorr |
The ability to find closely correlated positions to Solution Financial could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Solution Financial 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 Solution Financial - 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 Solution Financial to buy it.
The correlation of Solution Financial 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 Solution Financial moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Solution Financial 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 Solution Financial 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 Solution Stock
Solution Financial financial ratios help investors to determine whether Solution 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 Solution with respect to the benefits of owning Solution Financial security.