Santa Fe Petroleum Stock Market Value
| SFPI Stock | USD 0.0001 0.00 0.00% |
| Symbol | Santa |
Santa Fe '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 Fe's pink sheet 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 Fe.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Santa Fe on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Santa Fe Petroleum or generate 0.0% return on investment in Santa Fe over 720 days. Santa Fe Petroleum, Inc., an oil and gas exploration company, engages in the acquisition, development, production, and s... More
Santa Fe 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 Fe's pink sheet 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 Fe Petroleum upside and downside potential and time the market with a certain degree of confidence.
Santa Fe Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santa Fe's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santa Fe's standard deviation. In reality, there are many statistical measures that can use Santa Fe historical prices to predict the future Santa Fe's volatility.Santa Fe Petroleum Backtested Returns
We have found three technical indicators for Santa Fe Petroleum, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Santa Fe are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Santa Fe Petroleum has no correlation between past and present. Overlapping area represents the amount of predictability between Santa Fe time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Santa Fe Petroleum price movement. The serial correlation of 0.0 indicates that just 0.0% of current Santa Fe price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.7 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Santa Fe Petroleum lagged returns against current returns
Autocorrelation, which is Santa Fe pink sheet'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 Fe's pink sheet expected returns. We can calculate the autocorrelation of Santa Fe returns to help us make a trade decision. For example, suppose you find that Santa Fe has exhibited high autocorrelation historically, and you observe that the pink sheet 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 Fe 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 Fe pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santa Fe pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santa Fe pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Santa Fe Lagged Returns
When evaluating Santa Fe's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santa Fe pink sheet have on its future price. Santa Fe 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 Fe autocorrelation shows the relationship between Santa Fe pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Santa Fe Petroleum.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Santa Pink Sheet
Santa Fe financial ratios help investors to determine whether Santa Pink Sheet 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 Fe security.