SURETRACK MON (UK) Market Value
| STK Stock | 9.55 0.45 4.50% |
| Symbol | SURETRACK |
SURETRACK MON '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 SURETRACK MON'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 SURETRACK MON.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in SURETRACK MON on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding SURETRACK MON or generate 0.0% return on investment in SURETRACK MON over 90 days. SURETRACK MON is related to or competes with GlobalData PLC, Associated British, Datagroup, Grieg Seafood, Cars, and Axfood AB. SURETRACK MON is entity of United Kingdom More
SURETRACK MON 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 SURETRACK MON'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 SURETRACK MON upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 17.13 | |||
| Information Ratio | 0.184 | |||
| Maximum Drawdown | 435.71 | |||
| Value At Risk | (22.22) | |||
| Potential Upside | 37.4 |
SURETRACK MON Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SURETRACK MON's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SURETRACK MON's standard deviation. In reality, there are many statistical measures that can use SURETRACK MON historical prices to predict the future SURETRACK MON's volatility.| Risk Adjusted Performance | 0.1837 | |||
| Jensen Alpha | 10.16 | |||
| Total Risk Alpha | 2.23 | |||
| Sortino Ratio | 0.5916 | |||
| Treynor Ratio | 12.35 |
SURETRACK MON Backtested Returns
SURETRACK MON is out of control given 3 months investment horizon. SURETRACK MON owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of standard deviation over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 10.88% are justified by taking the suggested risk. Use SURETRACK MON risk adjusted performance of 0.1837, and Coefficient Of Variation of 535.86 to evaluate company specific risk that cannot be diversified away. SURETRACK MON holds a performance score of 14 on a scale of zero to a hundred. The entity has a beta of 0.83, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SURETRACK MON's returns are expected to increase less than the market. However, during the bear market, the loss of holding SURETRACK MON is expected to be smaller as well. Use SURETRACK MON skewness, day typical price, and the relationship between the downside variance and daily balance of power , to analyze future returns on SURETRACK MON.
Auto-correlation | -0.15 |
Insignificant reverse predictability
SURETRACK MON has insignificant reverse predictability. Overlapping area represents the amount of predictability between SURETRACK MON time series from 23rd of April 2025 to 7th of June 2025 and 7th of June 2025 to 22nd of July 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 SURETRACK MON price movement. The serial correlation of -0.15 indicates that less than 15.0% of current SURETRACK MON price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.15 | |
| Spearman Rank Test | 0.4 | |
| Residual Average | 0.0 | |
| Price Variance | 12.08 |
SURETRACK MON lagged returns against current returns
Autocorrelation, which is SURETRACK MON 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 SURETRACK MON's stock expected returns. We can calculate the autocorrelation of SURETRACK MON returns to help us make a trade decision. For example, suppose you find that SURETRACK MON 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 |
SURETRACK MON 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 SURETRACK MON stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SURETRACK MON stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SURETRACK MON stock over time.
Current vs Lagged Prices |
| Timeline |
SURETRACK MON Lagged Returns
When evaluating SURETRACK MON's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SURETRACK MON stock have on its future price. SURETRACK MON 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, SURETRACK MON autocorrelation shows the relationship between SURETRACK MON stock current value and its past values and can show if there is a momentum factor associated with investing in SURETRACK MON .
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 SURETRACK Stock
SURETRACK MON financial ratios help investors to determine whether SURETRACK 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 SURETRACK with respect to the benefits of owning SURETRACK MON security.