Strategic Env Egy Stock Market Value
| SENR Stock | USD 0.07 0.01 16.67% |
| Symbol | Strategic |
Strategic Env '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 Strategic Env'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 Strategic Env.
| 11/16/2024 |
| 12/16/2024 |
If you would invest 0.00 in Strategic Env on November 16, 2024 and sell it all today you would earn a total of 0.00 from holding Strategic Env Egy or generate 0.0% return on investment in Strategic Env over 30 days. Strategic Env is related to or competes with Republic Services, Waste Connections, Clean Harbors, Gfl Environmental, and Casella Waste. Strategic Environmental Energy Resources, Inc More
Strategic Env 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 Strategic Env'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 Strategic Env Egy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 43.15 | |||
| Information Ratio | 0.1302 | |||
| Maximum Drawdown | 283.33 | |||
| Value At Risk | (44.44) | |||
| Potential Upside | 60.0 |
Strategic Env Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Strategic Env's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Strategic Env's standard deviation. In reality, there are many statistical measures that can use Strategic Env historical prices to predict the future Strategic Env's volatility.| Risk Adjusted Performance | 0.106 | |||
| Jensen Alpha | 6.15 | |||
| Total Risk Alpha | 0.3263 | |||
| Sortino Ratio | 0.1206 | |||
| Treynor Ratio | (0.56) |
Strategic Env Egy Backtested Returns
Strategic Env is out of control given 3 months investment horizon. Strategic Env Egy 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. We were able to interpolate twenty-seven different technical indicators, which can help you to evaluate if expected returns of 5.47% are justified by taking the suggested risk. Use Strategic Env Egy Coefficient Of Variation of 753.66, semi deviation of 19.16, and Risk Adjusted Performance of 0.106 to evaluate company specific risk that cannot be diversified away. Strategic Env holds a performance score of 10 on a scale of zero to a hundred. The entity has a beta of -9.47, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Strategic Env are expected to decrease by larger amounts. On the other hand, during market turmoil, Strategic Env is expected to outperform it. Use Strategic Env Egy potential upside, as well as the relationship between the kurtosis and price action indicator , to analyze future returns on Strategic Env Egy.
Auto-correlation | -0.45 |
Modest reverse predictability
Strategic Env Egy has modest reverse predictability. Overlapping area represents the amount of predictability between Strategic Env time series from 16th of November 2024 to 1st of December 2024 and 1st of December 2024 to 16th 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 Strategic Env Egy price movement. The serial correlation of -0.45 indicates that just about 45.0% of current Strategic Env price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.45 | |
| Spearman Rank Test | -0.07 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Strategic Env Egy lagged returns against current returns
Autocorrelation, which is Strategic Env 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 Strategic Env's otc stock expected returns. We can calculate the autocorrelation of Strategic Env returns to help us make a trade decision. For example, suppose you find that Strategic Env 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 |
Strategic Env 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 Strategic Env otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Strategic Env otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Strategic Env otc stock over time.
Current vs Lagged Prices |
| Timeline |
Strategic Env Lagged Returns
When evaluating Strategic Env's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Strategic Env otc stock have on its future price. Strategic Env 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, Strategic Env autocorrelation shows the relationship between Strategic Env otc stock current value and its past values and can show if there is a momentum factor associated with investing in Strategic Env Egy.
Regressed Prices |
| Timeline |
Pair Trading with Strategic Env
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Strategic Env position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Strategic Env will appreciate offsetting losses from the drop in the long position's value.Moving against Strategic OTC Stock
| 0.35 | DIS | Walt Disney | PairCorr |
| 0.35 | AXP | American Express Fiscal Year End 24th of January 2025 | PairCorr |
| 0.34 | CVX | Chevron Corp Fiscal Year End 7th of February 2025 | PairCorr |
The ability to find closely correlated positions to Strategic Env could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Strategic Env when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Strategic Env - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Strategic Env Egy to buy it.
The correlation of Strategic Env is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Strategic Env moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Strategic Env Egy moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Strategic Env can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Strategic OTC Stock Analysis
When running Strategic Env's price analysis, check to measure Strategic Env's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Strategic Env is operating at the current time. Most of Strategic Env's value examination focuses on studying past and present price action to predict the probability of Strategic Env's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Strategic Env's price. Additionally, you may evaluate how the addition of Strategic Env to your portfolios can decrease your overall portfolio volatility.