Splitit Payments Stock Market Value
Splitit Payments' market value is the price at which a share of Splitit Payments trades on a public exchange. It measures the collective expectations of Splitit Payments investors about its performance. With this module, you can estimate the performance of a buy and hold strategy of Splitit Payments and determine expected loss or profit from investing in Splitit Payments over a given investment horizon. Check out Splitit Payments Correlation, Splitit Payments Volatility and Splitit Payments Alpha and Beta module to complement your research on Splitit Payments.
| Symbol | Splitit |
Splitit Payments '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 Splitit Payments' 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 Splitit Payments.
| 01/03/2023 |
| 12/23/2024 |
If you would invest 0.00 in Splitit Payments on January 3, 2023 and sell it all today you would earn a total of 0.00 from holding Splitit Payments or generate 0.0% return on investment in Splitit Payments over 720 days. Splitit Payments is related to or competes with Skkynet Cloud, Zenvia, BYND Cannasoft, Datasea, and AuthID. Splitit Payments Ltd, together with its subsidiaries, provides payment solution services in North America, the United Ki... More
Splitit Payments 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 Splitit Payments' 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 Splitit Payments upside and downside potential and time the market with a certain degree of confidence.
Splitit Payments Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Splitit Payments' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Splitit Payments' standard deviation. In reality, there are many statistical measures that can use Splitit Payments historical prices to predict the future Splitit Payments' volatility.Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Splitit Payments' 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.
Splitit Payments Backtested Returns
Splitit Payments owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of risk over the last 3 months. Splitit Payments exposes zero different technical indicators, which can help you to evaluate volatility embedded in its price movement. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Splitit Payments are completely uncorrelated.
Auto-correlation | 0.22 |
Weak predictability
Splitit Payments has weak predictability. Overlapping area represents the amount of predictability between Splitit Payments time series from 3rd of January 2023 to 29th of December 2023 and 29th of December 2023 to 23rd 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 Splitit Payments price movement. The serial correlation of 0.22 indicates that over 22.0% of current Splitit Payments price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.22 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Splitit Payments lagged returns against current returns
Autocorrelation, which is Splitit Payments 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 Splitit Payments' otc stock expected returns. We can calculate the autocorrelation of Splitit Payments returns to help us make a trade decision. For example, suppose you find that Splitit Payments 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 |
Splitit Payments 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 Splitit Payments otc stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Splitit Payments otc stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Splitit Payments otc stock over time.
Current vs Lagged Prices |
| Timeline |
Splitit Payments Lagged Returns
When evaluating Splitit Payments' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Splitit Payments otc stock have on its future price. Splitit Payments 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, Splitit Payments autocorrelation shows the relationship between Splitit Payments otc stock current value and its past values and can show if there is a momentum factor associated with investing in Splitit Payments.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Splitit OTC Stock
Splitit Payments financial ratios help investors to determine whether Splitit 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 Splitit with respect to the benefits of owning Splitit Payments security.