Southern California Gas Stock Market Value
| SOCGM Stock | USD 25.50 0.00 0.00% |
| Symbol | Southern |
Southern California '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 California'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 Southern California.
| 11/19/2023 |
| 12/13/2024 |
If you would invest 0.00 in Southern California on November 19, 2023 and sell it all today you would earn a total of 0.00 from holding Southern California Gas or generate 0.0% return on investment in Southern California over 390 days. Southern California is related to or competes with EDP Energias, CP ALL, Niagara Mohawk, Siam Cement, and Oaktree Capital. More
Southern California 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 California'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 Southern California Gas upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 8.58 |
Southern California Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern California's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern California's standard deviation. In reality, there are many statistical measures that can use Southern California historical prices to predict the future Southern California's volatility.| Risk Adjusted Performance | 0.0089 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.13) | |||
| Treynor Ratio | (0.01) |
Southern California Gas Backtested Returns
Southern California Gas owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0297, which indicates the firm had a -0.0297% return per unit of risk over the last 3 months. Southern California Gas exposes seventeen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern California's Variance of 0.8679, risk adjusted performance of 0.0089, and Coefficient Of Variation of 10889.82 to confirm the risk estimate we provide. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Southern California's returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern California is expected to be smaller as well. At this point, Southern California Gas has a negative expected return of -0.0275%. Please make sure to validate Southern California's variance, as well as the relationship between the skewness and day typical price , to decide if Southern California Gas performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.02 |
Virtually no predictability
Southern California Gas has virtually no predictability. Overlapping area represents the amount of predictability between Southern California time series from 19th of November 2023 to 1st of June 2024 and 1st of June 2024 to 13th 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 California Gas price movement. The serial correlation of 0.02 indicates that only 2.0% of current Southern California price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.02 | |
| Spearman Rank Test | 0.29 | |
| Residual Average | 0.0 | |
| Price Variance | 0.13 |
Southern California Gas lagged returns against current returns
Autocorrelation, which is Southern California 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 Southern California's otc stock expected returns. We can calculate the autocorrelation of Southern California returns to help us make a trade decision. For example, suppose you find that Southern California 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 |
Southern California 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 California otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern California otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern California otc stock over time.
Current vs Lagged Prices |
| Timeline |
Southern California Lagged Returns
When evaluating Southern California's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern California otc stock have on its future price. Southern California 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 California autocorrelation shows the relationship between Southern California otc stock current value and its past values and can show if there is a momentum factor associated with investing in Southern California Gas.
Regressed Prices |
| Timeline |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectOther Information on Investing in Southern OTC Stock
Southern California financial ratios help investors to determine whether Southern 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 Southern with respect to the benefits of owning Southern California security.