Sitc International Holdings Stock Market Value
| SITIF Stock | USD 2.46 0.17 7.42% |
| Symbol | SITC |
SITC International '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 SITC International'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 SITC International.
| 12/17/2024 |
| 03/17/2025 |
If you would invest 0.00 in SITC International on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding SITC International Holdings or generate 0.0% return on investment in SITC International over 90 days. SITC International is related to or competes with COSCO SHIPPING, COSCO SHIPPING, Nippon Yusen, Western Bulk, Mitsui OSK, Orient Overseas, and SITC International. SITC International Holdings Company Limited, a shipping logistics company, provides integrated transportation and logist... More
SITC International 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 SITC International'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 SITC International Holdings upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0622 | |||
| Maximum Drawdown | 27.36 | |||
| Value At Risk | (1.67) | |||
| Potential Upside | 1.2 |
SITC International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SITC International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SITC International's standard deviation. In reality, there are many statistical measures that can use SITC International historical prices to predict the future SITC International's volatility.| Risk Adjusted Performance | 0.0345 | |||
| Jensen Alpha | 0.0679 | |||
| Total Risk Alpha | 0.4914 | |||
| Treynor Ratio | (0.44) |
SITC International Backtested Returns
SITC International owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of standard deviation over the last 3 months. SITC International Holdings exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SITC International's variance of 10.26, and Risk Adjusted Performance of 0.0345 to confirm the risk estimate we provide. The entity has a beta of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SITC International are expected to decrease at a much lower rate. During the bear market, SITC International is likely to outperform the market. At this point, SITC International has a negative expected return of -0.0165%. Please make sure to validate SITC International's maximum drawdown, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if SITC International performance from the past will be repeated at some future point.
Auto-correlation | 0.28 |
Poor predictability
SITC International Holdings has poor predictability. Overlapping area represents the amount of predictability between SITC International time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 SITC International price movement. The serial correlation of 0.28 indicates that nearly 28.0% of current SITC International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.28 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
SITC International lagged returns against current returns
Autocorrelation, which is SITC International 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 SITC International's pink sheet expected returns. We can calculate the autocorrelation of SITC International returns to help us make a trade decision. For example, suppose you find that SITC International 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 |
SITC International 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 SITC International pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SITC International pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SITC International pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SITC International Lagged Returns
When evaluating SITC International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SITC International pink sheet have on its future price. SITC International 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, SITC International autocorrelation shows the relationship between SITC International pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SITC International Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SITC Pink Sheet
SITC International financial ratios help investors to determine whether SITC 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 SITC with respect to the benefits of owning SITC International security.