Sharc International (Germany) Market Value
| IWIA Stock | EUR 0.05 0.0005 1.09% |
| Symbol | Sharc |
Sharc International '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 Sharc International'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 Sharc International.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Sharc International on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Sharc International Systems or generate 0.0% return on investment in Sharc International over 90 days. Sharc International is related to or competes with United Natural, Cellnex Telecom, Fevertree Drinks, Comba Telecom, SLIGRO FOOD, and BRIT AMER. Sharc International Systems Inc. provides wastewater heat exchange products and services in Canada and internationally More
Sharc International 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 Sharc International'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 Sharc International Systems upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.10) | |||
| Maximum Drawdown | 41.4 | |||
| Value At Risk | (12.50) | |||
| Potential Upside | 12.57 |
Sharc International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sharc International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sharc International's standard deviation. In reality, there are many statistical measures that can use Sharc International historical prices to predict the future Sharc International's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.86) | |||
| Total Risk Alpha | 0.0759 | |||
| Treynor Ratio | (6.18) |
Sharc International Backtested Returns
Sharc International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11 % return per unit of risk over the last 3 months. Sharc International Systems exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sharc International's Risk Adjusted Performance of (0.09), coefficient of variation of (877.43), and Variance of 58.1 to confirm the risk estimate we provide. The entity has a beta of 0.14, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sharc International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sharc International is expected to be smaller as well. At this point, Sharc International has a negative expected return of -0.86%. Please make sure to validate Sharc International's standard deviation, jensen alpha, and the relationship between the coefficient of variation and information ratio , to decide if Sharc International performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.05 |
Virtually no predictability
Sharc International Systems has virtually no predictability. Overlapping area represents the amount of predictability between Sharc International time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sharc International price movement. The serial correlation of 0.05 indicates that only as little as 5.0% of current Sharc International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.05 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sharc International lagged returns against current returns
Autocorrelation, which is Sharc International 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 Sharc International's stock expected returns. We can calculate the autocorrelation of Sharc International returns to help us make a trade decision. For example, suppose you find that Sharc International 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 |
Sharc International 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 Sharc International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sharc International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sharc International stock over time.
Current vs Lagged Prices |
| Timeline |
Sharc International Lagged Returns
When evaluating Sharc International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sharc International stock have on its future price. Sharc International 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, Sharc International autocorrelation shows the relationship between Sharc International stock current value and its past values and can show if there is a momentum factor associated with investing in Sharc International Systems.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sharc Stock
Sharc International financial ratios help investors to determine whether Sharc 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 Sharc with respect to the benefits of owning Sharc International security.