Santa Cruz County Stock Market Value
| SCZC Stock | USD 39.80 0.20 0.50% |
| Symbol | Santa |
Santa Cruz '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 Santa Cruz'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 Santa Cruz.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in Santa Cruz on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding Santa Cruz County or generate 0.0% return on investment in Santa Cruz over 90 days. Santa Cruz is related to or competes with Harbor Bankshares, Liberty Northwest, Pioneer Bankcorp, Summit Bancshares, North Dallas, Century Next, and American Riviera. Santa Cruz County Bank provides a range of commercial and personal banking services to residents and businesses More
Santa Cruz 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 Santa Cruz'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 Santa Cruz County upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0457 | |||
| Maximum Drawdown | 3.01 | |||
| Value At Risk | (1.16) | |||
| Potential Upside | 0.5086 |
Santa Cruz Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santa Cruz's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santa Cruz's standard deviation. In reality, there are many statistical measures that can use Santa Cruz historical prices to predict the future Santa Cruz's volatility.| Risk Adjusted Performance | (0.13) | |||
| Jensen Alpha | (0.08) | |||
| Total Risk Alpha | (0.02) | |||
| Treynor Ratio | (3.57) |
Santa Cruz County Backtested Returns
Santa Cruz County owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12 % return per unit of risk over the last 3 months. Santa Cruz County exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Santa Cruz's Variance of 0.2936, coefficient of variation of (729.60), and Risk Adjusted Performance of (0.13) to confirm the risk estimate we provide. The entity has a beta of 0.0236, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Santa Cruz's returns are expected to increase less than the market. However, during the bear market, the loss of holding Santa Cruz is expected to be smaller as well. At this point, Santa Cruz County has a negative expected return of -0.0679%. Please make sure to validate Santa Cruz's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Santa Cruz County performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.61 |
Very good reverse predictability
Santa Cruz County has very good reverse predictability. Overlapping area represents the amount of predictability between Santa Cruz 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 Santa Cruz County price movement. The serial correlation of -0.61 indicates that roughly 61.0% of current Santa Cruz price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.61 | |
| Spearman Rank Test | -0.55 | |
| Residual Average | 0.0 | |
| Price Variance | 0.14 |
Santa Cruz County lagged returns against current returns
Autocorrelation, which is Santa Cruz 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 Santa Cruz's otc stock expected returns. We can calculate the autocorrelation of Santa Cruz returns to help us make a trade decision. For example, suppose you find that Santa Cruz 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 |
Santa Cruz 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 Santa Cruz otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santa Cruz otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santa Cruz otc stock over time.
Current vs Lagged Prices |
| Timeline |
Santa Cruz Lagged Returns
When evaluating Santa Cruz's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santa Cruz otc stock have on its future price. Santa Cruz 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, Santa Cruz autocorrelation shows the relationship between Santa Cruz otc stock current value and its past values and can show if there is a momentum factor associated with investing in Santa Cruz County.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in Santa OTC Stock
Santa Cruz financial ratios help investors to determine whether Santa 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 Santa with respect to the benefits of owning Santa Cruz security.