Snc Lavalin Group Stock Market Value
| SNCAF Stock | USD 58.16 0.87 1.52% |
| Symbol | SNC |
SNC Lavalin '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 SNC Lavalin'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 SNC Lavalin.
| 12/25/2024 |
| 01/24/2025 |
If you would invest 0.00 in SNC Lavalin on December 25, 2024 and sell it all today you would earn a total of 0.00 from holding SNC Lavalin Group or generate 0.0% return on investment in SNC Lavalin over 30 days. SNC Lavalin is related to or competes with Aecon, Acciona SA, WSP Global, SIG Combibloc, and National Bank. SNC-Lavalin Group Inc. operates as an integrated professional services and project management company More
SNC Lavalin 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 SNC Lavalin'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 SNC Lavalin Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.05 | |||
| Information Ratio | 0.1171 | |||
| Maximum Drawdown | 19.8 | |||
| Value At Risk | (2.24) | |||
| Potential Upside | 3.14 |
SNC Lavalin Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SNC Lavalin's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SNC Lavalin's standard deviation. In reality, there are many statistical measures that can use SNC Lavalin historical prices to predict the future SNC Lavalin's volatility.| Risk Adjusted Performance | 0.1218 | |||
| Jensen Alpha | 0.3439 | |||
| Total Risk Alpha | 0.2299 | |||
| Sortino Ratio | 0.1516 | |||
| Treynor Ratio | 2.94 |
SNC Lavalin Group Backtested Returns
SNC Lavalin appears to be very steady, given 3 months investment horizon. SNC Lavalin Group retains Efficiency (Sharpe Ratio) of 0.12, which indicates the firm had a 0.12 % return per unit of volatility over the last 3 months. We have found twenty-eight technical indicators for SNC Lavalin, which you can use to evaluate the volatility of the company. Please review SNC Lavalin's risk adjusted performance of 0.1218, and Downside Deviation of 2.05 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SNC Lavalin holds a performance score of 9. The entity owns a Beta (Systematic Risk) of 0.12, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SNC Lavalin's returns are expected to increase less than the market. However, during the bear market, the loss of holding SNC Lavalin is expected to be smaller as well. Please check SNC Lavalin's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether SNC Lavalin's current price history will revert.
Auto-correlation | -0.93 |
Near perfect reversele predictability
SNC Lavalin Group has near perfect reversele predictability. Overlapping area represents the amount of predictability between SNC Lavalin time series from 25th of December 2024 to 9th of January 2025 and 9th of January 2025 to 24th of January 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 SNC Lavalin Group price movement. The serial correlation of -0.93 indicates that approximately 93.0% of current SNC Lavalin price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.93 | |
| Spearman Rank Test | -0.68 | |
| Residual Average | 0.0 | |
| Price Variance | 10.58 |
SNC Lavalin Group lagged returns against current returns
Autocorrelation, which is SNC Lavalin 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 SNC Lavalin's pink sheet expected returns. We can calculate the autocorrelation of SNC Lavalin returns to help us make a trade decision. For example, suppose you find that SNC Lavalin 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 |
SNC Lavalin 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 SNC Lavalin pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SNC Lavalin pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SNC Lavalin pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SNC Lavalin Lagged Returns
When evaluating SNC Lavalin's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SNC Lavalin pink sheet have on its future price. SNC Lavalin 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, SNC Lavalin autocorrelation shows the relationship between SNC Lavalin pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SNC Lavalin Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SNC Pink Sheet
SNC Lavalin financial ratios help investors to determine whether SNC 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 SNC with respect to the benefits of owning SNC Lavalin security.