Sokoman Minerals Corp Stock Market Value
| SICNF Stock | USD 0.03 0 3.14% |
| Symbol | Sokoman |
Sokoman Minerals '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 Sokoman Minerals' 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 Sokoman Minerals.
| 01/28/2025 |
| 02/27/2025 |
If you would invest 0.00 in Sokoman Minerals on January 28, 2025 and sell it all today you would earn a total of 0.00 from holding Sokoman Minerals Corp or generate 0.0% return on investment in Sokoman Minerals over 30 days. Sokoman Minerals is related to or competes with Irving Resources, Lion One, Gander Gold, Bonterra Resources, Elemental Royalties, Orogen Royalties, and Radisson Mining. Sokoman Minerals Corp., an exploration-stage company, focuses on exploring mineral properties in Canada More
Sokoman Minerals 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 Sokoman Minerals' 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 Sokoman Minerals Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.55 | |||
| Information Ratio | 0.0858 | |||
| Maximum Drawdown | 58.93 | |||
| Value At Risk | (14.63) | |||
| Potential Upside | 26.67 |
Sokoman Minerals Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sokoman Minerals' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sokoman Minerals' standard deviation. In reality, there are many statistical measures that can use Sokoman Minerals historical prices to predict the future Sokoman Minerals' volatility.| Risk Adjusted Performance | 0.0728 | |||
| Jensen Alpha | 1.05 | |||
| Total Risk Alpha | 1.16 | |||
| Sortino Ratio | 0.1003 | |||
| Treynor Ratio | (2.52) |
Sokoman Minerals Corp Backtested Returns
Sokoman Minerals is out of control given 3 months investment horizon. Sokoman Minerals Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11 % return per unit of risk over the last 3 months. We were able to interpolate twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.39% are justified by taking the suggested risk. Use Sokoman Minerals Corp Semi Deviation of 8.81, risk adjusted performance of 0.0728, and Coefficient Of Variation of 1161.43 to evaluate company specific risk that cannot be diversified away. Sokoman Minerals holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of -0.42, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sokoman Minerals are expected to decrease at a much lower rate. During the bear market, Sokoman Minerals is likely to outperform the market. Use Sokoman Minerals Corp treynor ratio and the relationship between the downside variance and day typical price , to analyze future returns on Sokoman Minerals Corp.
Auto-correlation | 0.47 |
Average predictability
Sokoman Minerals Corp has average predictability. Overlapping area represents the amount of predictability between Sokoman Minerals time series from 28th of January 2025 to 12th of February 2025 and 12th of February 2025 to 27th of February 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 Sokoman Minerals Corp price movement. The serial correlation of 0.47 indicates that about 47.0% of current Sokoman Minerals price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.47 | |
| Spearman Rank Test | 0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sokoman Minerals Corp lagged returns against current returns
Autocorrelation, which is Sokoman Minerals 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 Sokoman Minerals' otc stock expected returns. We can calculate the autocorrelation of Sokoman Minerals returns to help us make a trade decision. For example, suppose you find that Sokoman Minerals 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 |
Sokoman Minerals 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 Sokoman Minerals otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sokoman Minerals otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sokoman Minerals otc stock over time.
Current vs Lagged Prices |
| Timeline |
Sokoman Minerals Lagged Returns
When evaluating Sokoman Minerals' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sokoman Minerals otc stock have on its future price. Sokoman Minerals 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, Sokoman Minerals autocorrelation shows the relationship between Sokoman Minerals otc stock current value and its past values and can show if there is a momentum factor associated with investing in Sokoman Minerals Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sokoman OTC Stock
Sokoman Minerals financial ratios help investors to determine whether Sokoman 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 Sokoman with respect to the benefits of owning Sokoman Minerals security.