Sce Trust Iv Preferred Stock Market Value
| SCE-PJ Preferred Stock | USD 24.83 0.15 0.61% |
| Symbol | SCE |
SCE Trust '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 SCE Trust's preferred 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 SCE Trust.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in SCE Trust on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding SCE Trust IV or generate 0.0% return on investment in SCE Trust over 90 days. SCE Trust is related to or competes with Dominion Energy, Consolidated Edison, Eversource Energy, FirstEnergy, Hawaiian Electric, Southern, and Consumers Energy. More
SCE Trust 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 SCE Trust's preferred 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 SCE Trust IV upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.4443 | |||
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 2.48 | |||
| Value At Risk | (0.67) | |||
| Potential Upside | 0.819 |
SCE Trust Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SCE Trust's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCE Trust's standard deviation. In reality, there are many statistical measures that can use SCE Trust historical prices to predict the future SCE Trust's volatility.| Risk Adjusted Performance | 0.0964 | |||
| Jensen Alpha | 0.0421 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | (0.17) | |||
| Treynor Ratio | 0.6041 |
SCE Trust IV Backtested Returns
SCE Trust is very steady at the moment. SCE Trust IV owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.17, which indicates the company had a 0.17% return per unit of volatility over the last 3 months. We have found thirty technical indicators for SCE Trust IV, which you can use to evaluate the volatility of the entity. Please validate SCE Trust's Market Risk Adjusted Performance of 0.6141, downside deviation of 0.4443, and Risk Adjusted Performance of 0.0964 to confirm if the risk estimate we provide is consistent with the expected return of 0.0785%. SCE Trust has a performance score of 13 on a scale of 0 to 100. The firm has a beta of 0.0884, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SCE Trust's returns are expected to increase less than the market. However, during the bear market, the loss of holding SCE Trust is expected to be smaller as well. SCE Trust IV now has a risk of 0.47%. Please validate SCE Trust value at risk, kurtosis, and the relationship between the sortino ratio and semi variance , to decide if SCE Trust will be following its existing price patterns.
Auto-correlation | 0.53 |
Modest predictability
SCE Trust IV has modest predictability. Overlapping area represents the amount of predictability between SCE Trust time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st 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 SCE Trust IV price movement. The serial correlation of 0.53 indicates that about 53.0% of current SCE Trust price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.53 | |
| Spearman Rank Test | 0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SCE Trust IV lagged returns against current returns
Autocorrelation, which is SCE Trust preferred 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 SCE Trust's preferred stock expected returns. We can calculate the autocorrelation of SCE Trust returns to help us make a trade decision. For example, suppose you find that SCE Trust has exhibited high autocorrelation historically, and you observe that the preferred 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 |
SCE Trust 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 SCE Trust preferred stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCE Trust preferred stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCE Trust preferred stock over time.
Current vs Lagged Prices |
| Timeline |
SCE Trust Lagged Returns
When evaluating SCE Trust's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCE Trust preferred stock have on its future price. SCE Trust 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, SCE Trust autocorrelation shows the relationship between SCE Trust preferred stock current value and its past values and can show if there is a momentum factor associated with investing in SCE Trust IV.
Regressed Prices |
| Timeline |
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SCE Trust financial ratios help investors to determine whether SCE Preferred 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 SCE with respect to the benefits of owning SCE Trust security.