Scope Ai Corp Stock Market Value
| SCPCF Stock | 0.32 0.02 5.88% |
| Symbol | Scope |
Scope AI '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 Scope AI'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 Scope AI.
| 12/25/2024 |
| 03/25/2025 |
If you would invest 0.00 in Scope AI on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding Scope AI Corp or generate 0.0% return on investment in Scope AI over 90 days.
Scope AI 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 Scope AI'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 Scope AI Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 55.15 | |||
| Value At Risk | (15.28) | |||
| Potential Upside | 23.33 |
Scope AI Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Scope AI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Scope AI's standard deviation. In reality, there are many statistical measures that can use Scope AI historical prices to predict the future Scope AI's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (0.95) | |||
| Treynor Ratio | (1.66) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Scope AI'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.
Scope AI Corp Backtested Returns
Scope AI Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.14, which indicates the firm had a -0.14 % return per unit of risk over the last 3 months. Scope AI Corp exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Scope AI's Risk Adjusted Performance of (0.06), variance of 134.01, and Coefficient Of Variation of (1,283) to confirm the risk estimate we provide. The entity has a beta of 0.55, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Scope AI's returns are expected to increase less than the market. However, during the bear market, the loss of holding Scope AI is expected to be smaller as well. At this point, Scope AI Corp has a negative expected return of -1.64%. Please make sure to validate Scope AI's potential upside and the relationship between the accumulation distribution and period momentum indicator , to decide if Scope AI Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.07 |
Very weak reverse predictability
Scope AI Corp has very weak reverse predictability. Overlapping area represents the amount of predictability between Scope AI time series from 25th of December 2024 to 8th of February 2025 and 8th of February 2025 to 25th 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 Scope AI Corp price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Scope AI price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.07 | |
| Spearman Rank Test | -0.25 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Scope AI Corp lagged returns against current returns
Autocorrelation, which is Scope AI 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 Scope AI's otc stock expected returns. We can calculate the autocorrelation of Scope AI returns to help us make a trade decision. For example, suppose you find that Scope AI 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 |
Scope AI 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 Scope AI otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Scope AI otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Scope AI otc stock over time.
Current vs Lagged Prices |
| Timeline |
Scope AI Lagged Returns
When evaluating Scope AI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Scope AI otc stock have on its future price. Scope AI 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, Scope AI autocorrelation shows the relationship between Scope AI otc stock current value and its past values and can show if there is a momentum factor associated with investing in Scope AI Corp.
Regressed Prices |
| Timeline |