Sify Technologies Limited Stock Market Value
| SIFY Stock | USD 3.43 0.03 0.87% |
| Symbol | Sify |
Sify Technologies Price To Book Ratio
Is Diversified Telecommunication Services 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 Sify Technologies. If investors know Sify 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 Sify Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.067 | Earnings Share (0.02) | Revenue Per Share 1.2 K | Quarterly Revenue Growth (0.90) | Return On Assets 0.0211 |
The market value of Sify Technologies is measured differently than its book value, which is the value of Sify that is recorded on the company's balance sheet. Investors also form their own opinion of Sify Technologies' value that differs from its market value or its book value, called intrinsic value, which is Sify Technologies' 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 Sify Technologies' market value can be influenced by many factors that don't directly affect Sify Technologies' 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 Sify Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sify Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sify Technologies' 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.
Sify Technologies '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 Sify Technologies' 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 Sify Technologies.
| 06/05/2024 |
| 12/02/2024 |
If you would invest 0.00 in Sify Technologies on June 5, 2024 and sell it all today you would earn a total of 0.00 from holding Sify Technologies Limited or generate 0.0% return on investment in Sify Technologies over 180 days. Sify Technologies is related to or competes with KORE Group, Consolidated Communications, Cogent Communications, Liberty Broadband, Ribbon Communications, KT, and Liberty Broadband. Sify Technologies Limited provides integrated ICT solutions and services in India and internationally More
Sify Technologies 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 Sify Technologies' 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 Sify Technologies Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.91 | |||
| Information Ratio | 0.099 | |||
| Maximum Drawdown | 117.96 | |||
| Value At Risk | (12.66) | |||
| Potential Upside | 13.18 |
Sify Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sify Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sify Technologies' standard deviation. In reality, there are many statistical measures that can use Sify Technologies historical prices to predict the future Sify Technologies' volatility.| Risk Adjusted Performance | 0.0926 | |||
| Jensen Alpha | 1.84 | |||
| Total Risk Alpha | (0.83) | |||
| Sortino Ratio | 0.2016 | |||
| Treynor Ratio | (0.60) |
Sify Technologies Backtested Returns
At this stage we consider Sify Stock to be very risky. Sify Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0024, which indicates the firm had a 0.0024% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sify Technologies Limited, which you can use to evaluate the volatility of the company. Please validate Sify Technologies' Risk Adjusted Performance of 0.0926, coefficient of variation of 919.54, and Semi Deviation of 6.06 to confirm if the risk estimate we provide is consistent with the expected return of 0.017%. The entity has a beta of -2.53, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Sify Technologies are expected to decrease by larger amounts. On the other hand, during market turmoil, Sify Technologies is expected to outperform it. Sify Technologies right now has a risk of 7.03%. Please validate Sify Technologies treynor ratio, as well as the relationship between the expected short fall and day median price , to decide if Sify Technologies will be following its existing price patterns.
Auto-correlation | 0.24 |
Weak predictability
Sify Technologies Limited has weak predictability. Overlapping area represents the amount of predictability between Sify Technologies time series from 5th of June 2024 to 3rd of September 2024 and 3rd of September 2024 to 2nd 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 Sify Technologies price movement. The serial correlation of 0.24 indicates that over 24.0% of current Sify Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.24 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.28 |
Sify Technologies lagged returns against current returns
Autocorrelation, which is Sify Technologies 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 Sify Technologies' stock expected returns. We can calculate the autocorrelation of Sify Technologies returns to help us make a trade decision. For example, suppose you find that Sify Technologies 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 |
Sify Technologies 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 Sify Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sify Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sify Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
Sify Technologies Lagged Returns
When evaluating Sify Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sify Technologies stock have on its future price. Sify Technologies 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, Sify Technologies autocorrelation shows the relationship between Sify Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Sify Technologies Limited.
Regressed Prices |
| Timeline |
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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.Additional Tools for Sify Stock Analysis
When running Sify Technologies' price analysis, check to measure Sify Technologies' 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 Sify Technologies is operating at the current time. Most of Sify Technologies' value examination focuses on studying past and present price action to predict the probability of Sify Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sify Technologies' price. Additionally, you may evaluate how the addition of Sify Technologies to your portfolios can decrease your overall portfolio volatility.