Smc Entertainment Stock Market Value
| SMCE Stock | USD 0 0.0001 2.86% |
| Symbol | SMC |
SMC Entertainment '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 SMC Entertainment'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 SMC Entertainment.
| 12/16/2024 |
| 03/16/2025 |
If you would invest 0.00 in SMC Entertainment on December 16, 2024 and sell it all today you would earn a total of 0.00 from holding SMC Entertainment or generate 0.0% return on investment in SMC Entertainment over 90 days. SMC Entertainment, Inc. operates in the recorded music business in the United States More
SMC Entertainment 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 SMC Entertainment'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 SMC Entertainment upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.84 | |||
| Information Ratio | 0.2112 | |||
| Maximum Drawdown | 54.71 | |||
| Value At Risk | (11.11) | |||
| Potential Upside | 22.22 |
SMC Entertainment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SMC Entertainment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SMC Entertainment's standard deviation. In reality, there are many statistical measures that can use SMC Entertainment historical prices to predict the future SMC Entertainment's volatility.| Risk Adjusted Performance | 0.1855 | |||
| Jensen Alpha | 2.41 | |||
| Total Risk Alpha | 3.72 | |||
| Sortino Ratio | 0.2718 | |||
| Treynor Ratio | 2.07 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SMC Entertainment'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.
SMC Entertainment Backtested Returns
SMC Entertainment is out of control given 3 months investment horizon. SMC Entertainment retains Efficiency (Sharpe Ratio) of 0.21, which indicates the firm had a 0.21 % return per unit of volatility over the last 3 months. We were able to break down twenty-eight different technical indicators, which can help you to evaluate if expected returns of 2.44% are justified by taking the suggested risk. Use SMC Entertainment downside deviation of 8.84, and Risk Adjusted Performance of 0.1855 to evaluate company specific risk that cannot be diversified away. SMC Entertainment holds a performance score of 16 on a scale of zero to a hundred. The entity owns a Beta (Systematic Risk) of 1.11, which indicates a somewhat significant risk relative to the market. SMC Entertainment returns are very sensitive to returns on the market. As the market goes up or down, SMC Entertainment is expected to follow. Use SMC Entertainment information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to analyze future returns on SMC Entertainment.
Auto-correlation | 0.39 |
Below average predictability
SMC Entertainment has below average predictability. Overlapping area represents the amount of predictability between SMC Entertainment time series from 16th of December 2024 to 30th of January 2025 and 30th of January 2025 to 16th 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 SMC Entertainment price movement. The serial correlation of 0.39 indicates that just about 39.0% of current SMC Entertainment price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.39 | |
| Spearman Rank Test | 0.45 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SMC Entertainment lagged returns against current returns
Autocorrelation, which is SMC Entertainment 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 SMC Entertainment's pink sheet expected returns. We can calculate the autocorrelation of SMC Entertainment returns to help us make a trade decision. For example, suppose you find that SMC Entertainment 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 |
SMC Entertainment 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 SMC Entertainment pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SMC Entertainment pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SMC Entertainment pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SMC Entertainment Lagged Returns
When evaluating SMC Entertainment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SMC Entertainment pink sheet have on its future price. SMC Entertainment 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, SMC Entertainment autocorrelation shows the relationship between SMC Entertainment pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SMC Entertainment.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SMC Pink Sheet
SMC Entertainment financial ratios help investors to determine whether SMC 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 SMC with respect to the benefits of owning SMC Entertainment security.