Solar Alliance Energy Stock Market Value
| SAENF Stock | USD 0.01 0 17.28% |
| Symbol | Solar |
Solar Alliance '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 Solar Alliance'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 Solar Alliance.
| 02/03/2025 |
| 03/05/2025 |
If you would invest 0.00 in Solar Alliance on February 3, 2025 and sell it all today you would earn a total of 0.00 from holding Solar Alliance Energy or generate 0.0% return on investment in Solar Alliance over 30 days. Solar Alliance is related to or competes with Sun Pacific. Solar Alliance Energy Inc., together with its subsidiaries, provides energy solutions More
Solar Alliance 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 Solar Alliance'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 Solar Alliance Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.05) | |||
| Maximum Drawdown | 41.28 | |||
| Value At Risk | (15.14) | |||
| Potential Upside | 12.78 |
Solar Alliance Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solar Alliance's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solar Alliance's standard deviation. In reality, there are many statistical measures that can use Solar Alliance historical prices to predict the future Solar Alliance's volatility.| Risk Adjusted Performance | (0.04) | |||
| Jensen Alpha | (0.58) | |||
| Total Risk Alpha | 0.4053 | |||
| Treynor Ratio | 0.4834 |
Solar Alliance Energy Backtested Returns
Solar Alliance Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0815, which indicates the firm had a -0.0815 % return per unit of risk over the last 3 months. Solar Alliance Energy exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Solar Alliance's Risk Adjusted Performance of (0.04), coefficient of variation of (1,621), and Variance of 61.27 to confirm the risk estimate we provide. The entity has a beta of -1.02, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Solar Alliance are expected to decrease slowly. On the other hand, during market turmoil, Solar Alliance is expected to outperform it slightly. At this point, Solar Alliance Energy has a negative expected return of -0.63%. Please make sure to validate Solar Alliance's potential upside, as well as the relationship between the daily balance of power and market facilitation index , to decide if Solar Alliance Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.16 |
Very weak predictability
Solar Alliance Energy has very weak predictability. Overlapping area represents the amount of predictability between Solar Alliance time series from 3rd of February 2025 to 18th of February 2025 and 18th of February 2025 to 5th 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 Solar Alliance Energy price movement. The serial correlation of 0.16 indicates that over 16.0% of current Solar Alliance price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.16 | |
| Spearman Rank Test | 0.01 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Solar Alliance Energy lagged returns against current returns
Autocorrelation, which is Solar Alliance 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 Solar Alliance's otc stock expected returns. We can calculate the autocorrelation of Solar Alliance returns to help us make a trade decision. For example, suppose you find that Solar Alliance 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 |
Solar Alliance 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 Solar Alliance otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solar Alliance otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solar Alliance otc stock over time.
Current vs Lagged Prices |
| Timeline |
Solar Alliance Lagged Returns
When evaluating Solar Alliance's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solar Alliance otc stock have on its future price. Solar Alliance 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, Solar Alliance autocorrelation shows the relationship between Solar Alliance otc stock current value and its past values and can show if there is a momentum factor associated with investing in Solar Alliance Energy.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Solar OTC Stock
Solar Alliance financial ratios help investors to determine whether Solar 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 Solar with respect to the benefits of owning Solar Alliance security.