Solstad Offshore Asa Stock Market Value
| SLOFF Stock | USD 3.09 0.00 0.00% |
| Symbol | Solstad |
Solstad Offshore '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 Solstad Offshore'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 Solstad Offshore.
| 04/23/2025 |
| 07/22/2025 |
If you would invest 0.00 in Solstad Offshore on April 23, 2025 and sell it all today you would earn a total of 0.00 from holding Solstad Offshore ASA or generate 0.0% return on investment in Solstad Offshore over 90 days. Solstad Offshore is related to or competes with Hurco Companies, KVH Industries, EastGroup Properties, Zhihu, Sphere Entertainment, Radcom, and Playtika Holding. Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry world... More
Solstad Offshore 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 Solstad Offshore'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 Solstad Offshore ASA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0461 | |||
| Maximum Drawdown | 104.64 |
Solstad Offshore Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Solstad Offshore's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Solstad Offshore's standard deviation. In reality, there are many statistical measures that can use Solstad Offshore historical prices to predict the future Solstad Offshore's volatility.| Risk Adjusted Performance | 0.0617 | |||
| Jensen Alpha | 0.7975 | |||
| Total Risk Alpha | (1.30) | |||
| Treynor Ratio | 34.07 |
Solstad Offshore ASA Backtested Returns
Solstad Offshore appears to be extremely dangerous, given 3 months investment horizon. Solstad Offshore ASA owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0575, which indicates the firm had a 0.0575 % return per unit of risk over the last 3 months. By inspecting Solstad Offshore's technical indicators, you can evaluate if the expected return of 0.85% is justified by implied risk. Please review Solstad Offshore's Coefficient Of Variation of 1779.07, variance of 208.0, and Risk Adjusted Performance of 0.0617 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Solstad Offshore holds a performance score of 4. The entity has a beta of 0.0235, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Solstad Offshore's returns are expected to increase less than the market. However, during the bear market, the loss of holding Solstad Offshore is expected to be smaller as well. Please check Solstad Offshore's information ratio and kurtosis , to make a quick decision on whether Solstad Offshore's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Solstad Offshore ASA has no correlation between past and present. Overlapping area represents the amount of predictability between Solstad Offshore 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 Solstad Offshore ASA price movement. The serial correlation of 0.0 indicates that just 0.0% of current Solstad Offshore price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.92 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Solstad Offshore ASA lagged returns against current returns
Autocorrelation, which is Solstad Offshore 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 Solstad Offshore's pink sheet expected returns. We can calculate the autocorrelation of Solstad Offshore returns to help us make a trade decision. For example, suppose you find that Solstad Offshore 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 |
Solstad Offshore 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 Solstad Offshore pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Solstad Offshore pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Solstad Offshore pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Solstad Offshore Lagged Returns
When evaluating Solstad Offshore's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Solstad Offshore pink sheet have on its future price. Solstad Offshore 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, Solstad Offshore autocorrelation shows the relationship between Solstad Offshore pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Solstad Offshore ASA.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Solstad Pink Sheet
Solstad Offshore financial ratios help investors to determine whether Solstad 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 Solstad with respect to the benefits of owning Solstad Offshore security.