Southern Energy Corp Stock Market Value
| SOU Stock | CAD 0.10 0.01 11.11% |
| Symbol | Southern |
Southern Energy Corp Price To Book Ratio
Southern Energy '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 Southern Energy's 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 Southern Energy.
| 12/18/2023 |
| 12/12/2024 |
If you would invest 0.00 in Southern Energy on December 18, 2023 and sell it all today you would earn a total of 0.00 from holding Southern Energy Corp or generate 0.0% return on investment in Southern Energy over 360 days. Southern Energy is related to or competes with Pine Cliff, Lucero Energy, and Pieridae Energy. Southern Energy Corp. engages in the exploration, development, and production of petroleum and natural gas in Canada More
Southern Energy 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 Southern Energy's 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 Southern Energy Corp upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 35.0 | |||
| Value At Risk | (10.00) | |||
| Potential Upside | 11.11 |
Southern Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Southern Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Southern Energy's standard deviation. In reality, there are many statistical measures that can use Southern Energy historical prices to predict the future Southern Energy's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.35) | |||
| Total Risk Alpha | (1.37) | |||
| Treynor Ratio | (0.83) |
Southern Energy Corp Backtested Returns
Southern Energy Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0624, which indicates the firm had a -0.0624% return per unit of risk over the last 3 months. Southern Energy Corp exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Southern Energy's Coefficient Of Variation of (2,263), risk adjusted performance of (0.02), and Variance of 44.85 to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Southern Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding Southern Energy is expected to be smaller as well. At this point, Southern Energy Corp has a negative expected return of -0.42%. Please make sure to validate Southern Energy's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Southern Energy Corp performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.12 |
Insignificant reverse predictability
Southern Energy Corp has insignificant reverse predictability. Overlapping area represents the amount of predictability between Southern Energy time series from 18th of December 2023 to 15th of June 2024 and 15th of June 2024 to 12th 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 Southern Energy Corp price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Southern Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.12 | |
| Spearman Rank Test | -0.03 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Southern Energy Corp lagged returns against current returns
Autocorrelation, which is Southern Energy 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 Southern Energy's stock expected returns. We can calculate the autocorrelation of Southern Energy returns to help us make a trade decision. For example, suppose you find that Southern Energy has exhibited high autocorrelation historically, and you observe that the 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 |
Southern Energy 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 Southern Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Southern Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Southern Energy stock over time.
Current vs Lagged Prices |
| Timeline |
Southern Energy Lagged Returns
When evaluating Southern Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Southern Energy stock have on its future price. Southern Energy 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, Southern Energy autocorrelation shows the relationship between Southern Energy stock current value and its past values and can show if there is a momentum factor associated with investing in Southern Energy Corp.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Southern Stock Analysis
When running Southern Energy's price analysis, check to measure Southern Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Southern Energy is operating at the current time. Most of Southern Energy's value examination focuses on studying past and present price action to predict the probability of Southern Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Southern Energy's price. Additionally, you may evaluate how the addition of Southern Energy to your portfolios can decrease your overall portfolio volatility.