Septerna, Common Stock Stock Market Value
| SEPN Stock | 24.28 0.88 3.76% |
| Symbol | Septerna, |
Is Pharmaceutical Products space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Septerna, Common. If investors know Septerna, will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Septerna, Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Septerna, Common Stock is measured differently than its book value, which is the value of Septerna, that is recorded on the company's balance sheet. Investors also form their own opinion of Septerna, Common's value that differs from its market value or its book value, called intrinsic value, which is Septerna, Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Septerna, Common's market value can be influenced by many factors that don't directly affect Septerna, Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Septerna, Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Septerna, Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Septerna, Common'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.
Septerna, Common '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 Septerna, Common'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 Septerna, Common.
| 10/30/2023 |
| 12/23/2024 |
If you would invest 0.00 in Septerna, Common on October 30, 2023 and sell it all today you would earn a total of 0.00 from holding Septerna, Common Stock or generate 0.0% return on investment in Septerna, Common over 420 days. Septerna, Common is related to or competes with Dogwood Therapeutics,, Opus Genetics,, and Telix Pharmaceuticals. Septerna, Common is entity of United States More
Septerna, Common 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 Septerna, Common'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 Septerna, Common Stock upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.84 | |||
| Information Ratio | 0.1497 | |||
| Maximum Drawdown | 29.53 | |||
| Value At Risk | (7.38) | |||
| Potential Upside | 11.63 |
Septerna, Common Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Septerna, Common's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Septerna, Common's standard deviation. In reality, there are many statistical measures that can use Septerna, Common historical prices to predict the future Septerna, Common's volatility.| Risk Adjusted Performance | 0.1317 | |||
| Jensen Alpha | 0.8617 | |||
| Total Risk Alpha | 0.7168 | |||
| Sortino Ratio | 0.1767 | |||
| Treynor Ratio | 1.31 |
Septerna, Common Stock Backtested Returns
Septerna, Common appears to be not too volatile, given 3 months investment horizon. Septerna, Common Stock owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. By inspecting Septerna, Common's technical indicators, you can evaluate if the expected return of 0.87% is justified by implied risk. Please review Septerna, Common's Risk Adjusted Performance of 0.1317, coefficient of variation of 643.72, and Semi Deviation of 4.36 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Septerna, Common holds a performance score of 12. The entity has a beta of 0.67, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Septerna, Common's returns are expected to increase less than the market. However, during the bear market, the loss of holding Septerna, Common is expected to be smaller as well. Please check Septerna, Common's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether Septerna, Common's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Septerna, Common Stock has no correlation between past and present. Overlapping area represents the amount of predictability between Septerna, Common time series from 30th of October 2023 to 27th of May 2024 and 27th of May 2024 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 Septerna, Common Stock price movement. The serial correlation of 0.0 indicates that just 0.0% of current Septerna, Common price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Septerna, Common Stock lagged returns against current returns
Autocorrelation, which is Septerna, Common 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 Septerna, Common's stock expected returns. We can calculate the autocorrelation of Septerna, Common returns to help us make a trade decision. For example, suppose you find that Septerna, Common 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 |
Septerna, Common 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 Septerna, Common stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Septerna, Common stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Septerna, Common stock over time.
Current vs Lagged Prices |
| Timeline |
Septerna, Common Lagged Returns
When evaluating Septerna, Common's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Septerna, Common stock have on its future price. Septerna, Common 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, Septerna, Common autocorrelation shows the relationship between Septerna, Common stock current value and its past values and can show if there is a momentum factor associated with investing in Septerna, Common Stock.
Regressed Prices |
| Timeline |
Pair Trading with Septerna, Common
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Septerna, Common position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Septerna, Common will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Septerna, Common could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Septerna, Common when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Septerna, Common - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Septerna, Common Stock to buy it.
The correlation of Septerna, Common is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Septerna, Common moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Septerna, Common Stock moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Septerna, Common can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Septerna, Common Correlation, Septerna, Common Volatility and Septerna, Common Alpha and Beta module to complement your research on Septerna, Common. You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Septerna, Common technical stock 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, stock market cycles, or different charting patterns.