Santen Pharmaceutical Co Stock Price on April 20, 2023
If you're considering investing in Santen Pink Sheet, it is important to understand the factors that can impact its price. Santen Pharmaceutical owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0248, which indicates the firm had a -0.0248% return per unit of risk over the last 3 months. Santen Pharmaceutical Co exposes fifteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Santen Pharmaceutical's Variance of 5.19, coefficient of variation of (4,040), and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
Santen Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Santen |
Sharpe Ratio = -0.0248
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Estimated Market Risk
2.28 actual daily | 20 80% of assets are more volatile |
Expected Return
-0.06 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.02 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Santen Pharmaceutical is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Santen Pharmaceutical by adding Santen Pharmaceutical to a well-diversified portfolio.
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.
About Santen Pharmaceutical Pink Sheet history
Santen Pharmaceutical investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Santen is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Santen Pharmaceutical will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Santen Pharmaceutical stock prices may prove useful in developing a viable investing in Santen Pharmaceutical
Santen Pharmaceutical Co., Ltd. researches and develops, manufactures, and markets pharmaceuticals and medical devices in Japan and internationally. Santen Pharmaceutical Co., Ltd. was founded in 1890 and is headquartered in Osaka, Japan. Santen Pharmaceutical operates under Drug ManufacturersGeneral classification in the United States and is traded on OTC Exchange. It employs 4315 people.
Santen Pharmaceutical Pink Sheet Technical Analysis
Santen Pharmaceutical technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
Price Boundaries
Santen Pharmaceutical Period Price Range
Low | December 14, 2024
| High |
0.00 | 0.00 |
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Santen Pharmaceutical December 14, 2024 Market Strength
Market strength indicators help investors to evaluate how Santen Pharmaceutical pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Santen Pharmaceutical shares will generate the highest return on investment. By undertsting and applying Santen Pharmaceutical pink sheet market strength indicators, traders can identify Santen Pharmaceutical Co entry and exit signals to maximize returns
Santen Pharmaceutical Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Santen Pharmaceutical's price direction in advance. Along with the technical and fundamental analysis of Santen Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Santen to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.01) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.35) | |||
Treynor Ratio | (1.08) |
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Volume Indicators |
Complementary Tools for Santen Pink Sheet analysis
When running Santen Pharmaceutical's price analysis, check to measure Santen Pharmaceutical'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 Santen Pharmaceutical is operating at the current time. Most of Santen Pharmaceutical's value examination focuses on studying past and present price action to predict the probability of Santen Pharmaceutical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Santen Pharmaceutical's price. Additionally, you may evaluate how the addition of Santen Pharmaceutical to your portfolios can decrease your overall portfolio volatility.
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