Southern Its International Stock Market Value
| SITS Stock | USD 0.04 0 8.43% |
| Symbol | Southern |
Southern ITS '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 Southern ITS'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 Southern ITS.
| 09/15/2024 |
| 12/14/2024 |
If you would invest 0.00 in Southern ITS on September 15, 2024 and sell it all today you would earn a total of 0.00 from holding Southern ITS International or generate 0.0% return on investment in Southern ITS over 90 days. Southern ITS is related to or competes with Green Planet, Azure Holding, and Four Leaf. Southern ITS International, Inc. engages in the turnkey integration of electronic security systems for transportation, g... More
Southern ITS 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 Southern ITS'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 Southern ITS International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.03 | |||
| Information Ratio | 0.0244 | |||
| Maximum Drawdown | 30.65 | |||
| Value At Risk | (8.60) | |||
| Potential Upside | 10.26 |
Southern ITS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern ITS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern ITS's standard deviation. In reality, there are many statistical measures that can use Southern ITS historical prices to predict the future Southern ITS's volatility.| Risk Adjusted Performance | 0.0396 | |||
| Jensen Alpha | 0.2302 | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | 0.0223 | |||
| Treynor Ratio | (3.45) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Southern ITS'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.
Southern ITS Interna Backtested Returns
Currently, Southern ITS International is out of control. Southern ITS Interna owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0111, which indicates the firm had a 0.0111% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Southern ITS International, which you can use to evaluate the volatility of the company. Please validate Southern ITS's Semi Deviation of 4.97, coefficient of variation of 2343.37, and Risk Adjusted Performance of 0.0396 to confirm if the risk estimate we provide is consistent with the expected return of 0.0604%. The entity has a beta of -0.065, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Southern ITS are expected to decrease at a much lower rate. During the bear market, Southern ITS is likely to outperform the market. Southern ITS Interna right now has a risk of 5.44%. Please validate Southern ITS sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to decide if Southern ITS will be following its existing price patterns.
Auto-correlation | 0.23 |
Weak predictability
Southern ITS International has weak predictability. Overlapping area represents the amount of predictability between Southern ITS time series from 15th of September 2024 to 30th of October 2024 and 30th of October 2024 to 14th 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 Southern ITS Interna price movement. The serial correlation of 0.23 indicates that over 23.0% of current Southern ITS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.23 | |
| Spearman Rank Test | 0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Southern ITS Interna lagged returns against current returns
Autocorrelation, which is Southern ITS 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 Southern ITS's pink sheet expected returns. We can calculate the autocorrelation of Southern ITS returns to help us make a trade decision. For example, suppose you find that Southern ITS 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 |
Southern ITS 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 Southern ITS pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern ITS pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern ITS pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Southern ITS Lagged Returns
When evaluating Southern ITS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern ITS pink sheet have on its future price. Southern ITS 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, Southern ITS autocorrelation shows the relationship between Southern ITS pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Southern ITS International.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Southern Pink Sheet Analysis
When running Southern ITS's price analysis, check to measure Southern ITS'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 Southern ITS is operating at the current time. Most of Southern ITS's value examination focuses on studying past and present price action to predict the probability of Southern ITS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern ITS's price. Additionally, you may evaluate how the addition of Southern ITS to your portfolios can decrease your overall portfolio volatility.