Sostravel Spa Stock Market Value
| SOSAF Stock | 1.11 0.00 0.00% |
| Symbol | SosTravel |
SosTravel SPA '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 SosTravel SPA'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 SosTravel SPA.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in SosTravel SPA on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding SosTravel SPA or generate 0.0% return on investment in SosTravel SPA over 720 days. SosTravel SPA is related to or competes with Apple, Microsoft, Amazon, Alphabet, and Meta Platforms. More
SosTravel SPA 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 SosTravel SPA'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 SosTravel SPA upside and downside potential and time the market with a certain degree of confidence.
SosTravel SPA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SosTravel SPA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SosTravel SPA's standard deviation. In reality, there are many statistical measures that can use SosTravel SPA historical prices to predict the future SosTravel SPA's volatility.SosTravel SPA Backtested Returns
We have found three technical indicators for SosTravel SPA, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and SosTravel SPA are completely uncorrelated.
Auto-correlation | 0.03 |
Virtually no predictability
SosTravel SPA has virtually no predictability. Overlapping area represents the amount of predictability between SosTravel SPA time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 SosTravel SPA price movement. The serial correlation of 0.03 indicates that only 3.0% of current SosTravel SPA price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.03 | |
| Spearman Rank Test | 0.95 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SosTravel SPA lagged returns against current returns
Autocorrelation, which is SosTravel SPA 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 SosTravel SPA's pink sheet expected returns. We can calculate the autocorrelation of SosTravel SPA returns to help us make a trade decision. For example, suppose you find that SosTravel SPA 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 |
SosTravel SPA 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 SosTravel SPA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SosTravel SPA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SosTravel SPA pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SosTravel SPA Lagged Returns
When evaluating SosTravel SPA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SosTravel SPA pink sheet have on its future price. SosTravel SPA 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, SosTravel SPA autocorrelation shows the relationship between SosTravel SPA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SosTravel SPA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SosTravel Pink Sheet
SosTravel SPA financial ratios help investors to determine whether SosTravel 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 SosTravel with respect to the benefits of owning SosTravel SPA security.