Sparta Capital Stock Market Value
| SCAXF Stock | USD 0.01 0.00 0.00% |
| Symbol | Sparta |
Sparta Capital '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 Sparta Capital'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 Sparta Capital.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Sparta Capital on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Sparta Capital or generate 0.0% return on investment in Sparta Capital over 30 days. Sparta Capital is related to or competes with Zurn Elkay, Federal Signal, Energy Recovery, CECO Environmental, and Atmus Filtration. Sparta Capital Ltd. provides specialized energy capturing, converting, optimizing, and related services to the commercia... More
Sparta Capital 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 Sparta Capital'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 Sparta Capital upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.17) | |||
| Maximum Drawdown | 23.47 |
Sparta Capital Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sparta Capital's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sparta Capital's standard deviation. In reality, there are many statistical measures that can use Sparta Capital historical prices to predict the future Sparta Capital's volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.41) | |||
| Total Risk Alpha | (0.80) | |||
| Treynor Ratio | (1.00) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sparta Capital's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sparta Capital Backtested Returns
Sparta Capital 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. Sparta Capital exposes sixteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sparta Capital's Coefficient Of Variation of (812.40), risk adjusted performance of (0.09), and Variance of 8.35 to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sparta Capital's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sparta Capital is expected to be smaller as well. At this point, Sparta Capital has a negative expected return of -0.37%. Please make sure to validate Sparta Capital's mean deviation, information ratio, as well as the relationship between the Information Ratio and kurtosis , to decide if Sparta Capital performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Sparta Capital has no correlation between past and present. Overlapping area represents the amount of predictability between Sparta Capital time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th of November 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 Sparta Capital price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sparta Capital price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sparta Capital lagged returns against current returns
Autocorrelation, which is Sparta Capital 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 Sparta Capital's pink sheet expected returns. We can calculate the autocorrelation of Sparta Capital returns to help us make a trade decision. For example, suppose you find that Sparta Capital 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 |
Sparta Capital 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 Sparta Capital pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sparta Capital pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sparta Capital pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sparta Capital Lagged Returns
When evaluating Sparta Capital's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sparta Capital pink sheet have on its future price. Sparta Capital 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, Sparta Capital autocorrelation shows the relationship between Sparta Capital pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sparta Capital.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sparta Pink Sheet
Sparta Capital financial ratios help investors to determine whether Sparta 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 Sparta with respect to the benefits of owning Sparta Capital security.