Squirrel Media (Spain) Market Value
| SQRL Stock | 1.28 0.01 0.79% |
| Symbol | Squirrel |
Squirrel Media '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 Squirrel Media'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 Squirrel Media.
| 10/13/2024 |
| 12/12/2024 |
If you would invest 0.00 in Squirrel Media on October 13, 2024 and sell it all today you would earn a total of 0.00 from holding Squirrel Media SA or generate 0.0% return on investment in Squirrel Media over 60 days. Squirrel Media is related to or competes with Plasticos Compuestos, Atresmedia Corporacin, Atrys Health, Tier1 Technology, Energy Solar, and Neinor Homes. More
Squirrel Media 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 Squirrel Media'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 Squirrel Media SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.99 | |||
| Value At Risk | (2.36) | |||
| Potential Upside | 2.78 |
Squirrel Media Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Squirrel Media's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Squirrel Media's standard deviation. In reality, there are many statistical measures that can use Squirrel Media historical prices to predict the future Squirrel Media's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.19) | |||
| Total Risk Alpha | (0.50) | |||
| Treynor Ratio | 0.61 |
Squirrel Media SA Backtested Returns
Squirrel Media SA owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14% return per unit of risk over the last 3 months. Squirrel Media SA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Squirrel Media's Coefficient Of Variation of (731.21), variance of 2.74, and Risk Adjusted Performance of (0.09) to confirm the risk estimate we provide. The entity has a beta of -0.39, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Squirrel Media are expected to decrease at a much lower rate. During the bear market, Squirrel Media is likely to outperform the market. At this point, Squirrel Media SA has a negative expected return of -0.23%. Please make sure to validate Squirrel Media's kurtosis, daily balance of power, and the relationship between the skewness and accumulation distribution , to decide if Squirrel Media SA performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.2 |
Insignificant reverse predictability
Squirrel Media SA has insignificant reverse predictability. Overlapping area represents the amount of predictability between Squirrel Media time series from 13th of October 2024 to 12th of November 2024 and 12th of November 2024 to 12th 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 Squirrel Media SA price movement. The serial correlation of -0.2 indicates that over 20.0% of current Squirrel Media price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.2 | |
| Spearman Rank Test | -0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Squirrel Media SA lagged returns against current returns
Autocorrelation, which is Squirrel Media 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 Squirrel Media's stock expected returns. We can calculate the autocorrelation of Squirrel Media returns to help us make a trade decision. For example, suppose you find that Squirrel Media 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 |
Squirrel Media 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 Squirrel Media stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Squirrel Media stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Squirrel Media stock over time.
Current vs Lagged Prices |
| Timeline |
Squirrel Media Lagged Returns
When evaluating Squirrel Media's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Squirrel Media stock have on its future price. Squirrel Media 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, Squirrel Media autocorrelation shows the relationship between Squirrel Media stock current value and its past values and can show if there is a momentum factor associated with investing in Squirrel Media SA.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Squirrel Stock
Squirrel Media financial ratios help investors to determine whether Squirrel 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 Squirrel with respect to the benefits of owning Squirrel Media security.