Sidechannel Stock Market Value
| SDCH Stock | USD 0.04 0.01 11.53% |
| Symbol | SideChannel |
SideChannel '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 SideChannel'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 SideChannel.
| 11/14/2024 |
| 12/14/2024 |
If you would invest 0.00 in SideChannel on November 14, 2024 and sell it all today you would earn a total of 0.00 from holding SideChannel or generate 0.0% return on investment in SideChannel over 30 days. SideChannel is related to or competes with Taoping, Aurora Mobile, Hub Cyber, AuthID, VirnetX Holding, Bridgeline Digital, and Cerberus Cyber. It offers RealCISO, a software platform that helps companies to understand and manage cyber risk More
SideChannel 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 SideChannel'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 SideChannel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 16.23 | |||
| Information Ratio | 0.0514 | |||
| Maximum Drawdown | 74.06 | |||
| Value At Risk | (18.92) | |||
| Potential Upside | 30.89 |
SideChannel Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SideChannel's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SideChannel's standard deviation. In reality, there are many statistical measures that can use SideChannel historical prices to predict the future SideChannel's volatility.| Risk Adjusted Performance | 0.0518 | |||
| Jensen Alpha | 1.06 | |||
| Total Risk Alpha | (0.96) | |||
| Sortino Ratio | 0.0457 | |||
| Treynor Ratio | (0.33) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SideChannel'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.
SideChannel Backtested Returns
SideChannel is out of control given 3 months investment horizon. SideChannel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0879, which indicates the firm had a 0.0879% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.17% are justified by taking the suggested risk. Use SideChannel Semi Deviation of 11.87, coefficient of variation of 1712.73, and Risk Adjusted Performance of 0.0518 to evaluate company specific risk that cannot be diversified away. SideChannel holds a performance score of 6 on a scale of zero to a hundred. The entity has a beta of -2.5, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning SideChannel are expected to decrease by larger amounts. On the other hand, during market turmoil, SideChannel is expected to outperform it. Use SideChannel standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on SideChannel.
Auto-correlation | -0.74 |
Almost perfect reverse predictability
SideChannel has almost perfect reverse predictability. Overlapping area represents the amount of predictability between SideChannel time series from 14th of November 2024 to 29th of November 2024 and 29th of November 2024 to 14th 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 SideChannel price movement. The serial correlation of -0.74 indicates that around 74.0% of current SideChannel price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.74 | |
| Spearman Rank Test | -0.34 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SideChannel lagged returns against current returns
Autocorrelation, which is SideChannel 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 SideChannel's otc stock expected returns. We can calculate the autocorrelation of SideChannel returns to help us make a trade decision. For example, suppose you find that SideChannel 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 |
SideChannel 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 SideChannel otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SideChannel otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SideChannel otc stock over time.
Current vs Lagged Prices |
| Timeline |
SideChannel Lagged Returns
When evaluating SideChannel's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SideChannel otc stock have on its future price. SideChannel 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, SideChannel autocorrelation shows the relationship between SideChannel otc stock current value and its past values and can show if there is a momentum factor associated with investing in SideChannel.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SideChannel OTC Stock
SideChannel financial ratios help investors to determine whether SideChannel 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 SideChannel with respect to the benefits of owning SideChannel security.