Scor Pk Stock Market Value

SCRYY Stock  USD 2.32  0.07  3.11%   
SCOR PK's market value is the price at which a share of SCOR PK trades on a public exchange. It measures the collective expectations of SCOR PK investors about its performance. SCOR PK is trading at 2.32 as of the 15th of October 2024; that is 3.11 percent up since the beginning of the trading day. The stock's open price was 2.25.
With this module, you can estimate the performance of a buy and hold strategy of SCOR PK and determine expected loss or profit from investing in SCOR PK over a given investment horizon. Check out SCOR PK Correlation, SCOR PK Volatility and SCOR PK Alpha and Beta module to complement your research on SCOR PK.
Symbol

Please note, there is a significant difference between SCOR PK's value and its price as these two are different measures arrived at by different means. Investors typically determine if SCOR PK is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SCOR PK's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

SCOR PK '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 SCOR PK'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 SCOR PK.
0.00
04/18/2024
No Change 0.00  0.0 
In 5 months and 30 days
10/15/2024
0.00
If you would invest  0.00  in SCOR PK on April 18, 2024 and sell it all today you would earn a total of 0.00 from holding SCOR PK or generate 0.0% return on investment in SCOR PK over 180 days. SCOR PK is related to or competes with Swiss Re, Hannover, SiriusPoint, Maiden Holdings, Greenlight Capital, Reinsurance Group, and Siriuspoint. SCOR SE, together with its subsidiaries, provides life and non-life reinsurance products in Europe, the Middle East, Afr... More

SCOR PK 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 SCOR PK'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 SCOR PK upside and downside potential and time the market with a certain degree of confidence.

SCOR PK Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SCOR PK's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SCOR PK's standard deviation. In reality, there are many statistical measures that can use SCOR PK historical prices to predict the future SCOR PK's volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SCOR PK'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.
Hype
Prediction
LowEstimatedHigh
0.122.325.17
Details
Intrinsic
Valuation
LowRealHigh
0.091.864.71
Details
Naive
Forecast
LowNextHigh
0.052.415.26
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
2.052.192.32
Details

SCOR PK Backtested Returns

At this stage we consider SCOR Pink Sheet to be very risky. SCOR PK owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0287, which indicates the company had a 0.0287% return per unit of standard deviation over the last 3 months. We have found twenty-three technical indicators for SCOR PK, which you can use to evaluate the volatility of the entity. Please validate SCOR PK's Risk Adjusted Performance of (0.04), market risk adjusted performance of 1.16, and Standard Deviation of 3.92 to confirm if the risk estimate we provide is consistent with the expected return of 0.0815%. SCOR PK has a performance score of 2 on a scale of 0 to 100. The firm has a beta of -0.2, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SCOR PK are expected to decrease at a much lower rate. During the bear market, SCOR PK is likely to outperform the market. SCOR PK currently has a risk of 2.85%. Please validate SCOR PK accumulation distribution, and the relationship between the potential upside and day median price , to decide if SCOR PK will be following its existing price patterns.

Auto-correlation

    
  -0.49  

Modest reverse predictability

SCOR PK has modest reverse predictability. Overlapping area represents the amount of predictability between SCOR PK time series from 18th of April 2024 to 17th of July 2024 and 17th of July 2024 to 15th of October 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 SCOR PK price movement. The serial correlation of -0.49 indicates that about 49.0% of current SCOR PK price fluctuation can be explain by its past prices.
Correlation Coefficient-0.49
Spearman Rank Test-0.1
Residual Average0.0
Price Variance0.01

SCOR PK lagged returns against current returns

Autocorrelation, which is SCOR PK 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 SCOR PK's pink sheet expected returns. We can calculate the autocorrelation of SCOR PK returns to help us make a trade decision. For example, suppose you find that SCOR PK 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  

SCOR PK 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 SCOR PK pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SCOR PK pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SCOR PK pink sheet over time.
   Current vs Lagged Prices   
       Timeline  

SCOR PK Lagged Returns

When evaluating SCOR PK's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SCOR PK pink sheet have on its future price. SCOR PK 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, SCOR PK autocorrelation shows the relationship between SCOR PK pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SCOR PK.
   Regressed Prices   
       Timeline  

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Additional Tools for SCOR Pink Sheet Analysis

When running SCOR PK's price analysis, check to measure SCOR PK'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 SCOR PK is operating at the current time. Most of SCOR PK's value examination focuses on studying past and present price action to predict the probability of SCOR PK's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SCOR PK's price. Additionally, you may evaluate how the addition of SCOR PK to your portfolios can decrease your overall portfolio volatility.