Societe D Exploration Stock Market Value
| VIO Stock | CAD 0.21 0.01 4.55% |
| Symbol | Societe |
Societe d Exploration Price To Book Ratio
Societe D '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 Societe D'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 Societe D.
| 11/21/2024 |
| 12/21/2024 |
If you would invest 0.00 in Societe D on November 21, 2024 and sell it all today you would earn a total of 0.00 from holding Societe d Exploration or generate 0.0% return on investment in Societe D over 30 days. Societe D is related to or competes with Q Gold, and Goldbank Mining. Socit dExploration Minire Vior Inc., a junior mining exploration company, acquires, explores, and develops mining proper... More
Societe D 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 Societe D'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 Societe d Exploration upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.17 | |||
| Information Ratio | 0.1583 | |||
| Maximum Drawdown | 33.33 | |||
| Value At Risk | (8.33) | |||
| Potential Upside | 12.5 |
Societe D Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Societe D's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Societe D's standard deviation. In reality, there are many statistical measures that can use Societe D historical prices to predict the future Societe D's volatility.| Risk Adjusted Performance | 0.1381 | |||
| Jensen Alpha | 1.04 | |||
| Total Risk Alpha | 0.8549 | |||
| Sortino Ratio | 0.1411 | |||
| Treynor Ratio | (2.27) |
Societe d Exploration Backtested Returns
Societe D appears to be out of control, given 3 months investment horizon. Societe d Exploration owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Societe D's technical indicators, you can evaluate if the expected return of 0.83% is justified by implied risk. Please review Societe D's Risk Adjusted Performance of 0.1381, coefficient of variation of 612.42, and Semi Deviation of 3.78 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Societe D holds a performance score of 10. The entity has a beta of -0.46, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Societe D are expected to decrease at a much lower rate. During the bear market, Societe D is likely to outperform the market. Please check Societe D's semi variance, day typical price, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Societe D's existing price patterns will revert.
Auto-correlation | -0.13 |
Insignificant reverse predictability
Societe d Exploration has insignificant reverse predictability. Overlapping area represents the amount of predictability between Societe D time series from 21st of November 2024 to 6th of December 2024 and 6th of December 2024 to 21st 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 Societe d Exploration price movement. The serial correlation of -0.13 indicates that less than 13.0% of current Societe D price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.13 | |
| Spearman Rank Test | -0.3 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Societe d Exploration lagged returns against current returns
Autocorrelation, which is Societe D 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 Societe D's stock expected returns. We can calculate the autocorrelation of Societe D returns to help us make a trade decision. For example, suppose you find that Societe D 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 |
Societe D 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 Societe D stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Societe D stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Societe D stock over time.
Current vs Lagged Prices |
| Timeline |
Societe D Lagged Returns
When evaluating Societe D's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Societe D stock have on its future price. Societe D 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, Societe D autocorrelation shows the relationship between Societe D stock current value and its past values and can show if there is a momentum factor associated with investing in Societe d Exploration.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Societe Stock Analysis
When running Societe D's price analysis, check to measure Societe D'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 Societe D is operating at the current time. Most of Societe D's value examination focuses on studying past and present price action to predict the probability of Societe D's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Societe D's price. Additionally, you may evaluate how the addition of Societe D to your portfolios can decrease your overall portfolio volatility.