Sabien Technology (UK) Market Value
| SNT Stock | 11.50 1.50 15.00% |
| Symbol | Sabien |
Sabien Technology '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 Sabien Technology'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 Sabien Technology.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sabien Technology on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sabien Technology Group or generate 0.0% return on investment in Sabien Technology over 30 days. Sabien Technology is related to or competes with Herald Investment, Delta Air, Monks Investment, Diversified Energy, Eastman Chemical, Scandinavian Tobacco, and Westlake Chemical. Sabien Technology is entity of United Kingdom More
Sabien Technology 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 Sabien Technology'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 Sabien Technology Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.46 | |||
| Information Ratio | 0.1114 | |||
| Maximum Drawdown | 30.54 | |||
| Value At Risk | (3.33) | |||
| Potential Upside | 6.9 |
Sabien Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sabien Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sabien Technology's standard deviation. In reality, there are many statistical measures that can use Sabien Technology historical prices to predict the future Sabien Technology's volatility.| Risk Adjusted Performance | 0.1168 | |||
| Jensen Alpha | 0.6123 | |||
| Total Risk Alpha | (0.05) | |||
| Sortino Ratio | 0.0841 | |||
| Treynor Ratio | (1.78) |
Sabien Technology Backtested Returns
Sabien Technology appears to be slightly risky, given 3 months investment horizon. Sabien Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting Sabien Technology's technical indicators, you can evaluate if the expected return of 0.6% is justified by implied risk. Please review Sabien Technology's Risk Adjusted Performance of 0.1168, semi deviation of 2.07, and Coefficient Of Variation of 705.44 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sabien Technology holds a performance score of 11. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sabien Technology are expected to decrease at a much lower rate. During the bear market, Sabien Technology is likely to outperform the market. Please check Sabien Technology's coefficient of variation, maximum drawdown, skewness, as well as the relationship between the total risk alpha and downside variance , to make a quick decision on whether Sabien Technology's existing price patterns will revert.
Auto-correlation | -0.35 |
Poor reverse predictability
Sabien Technology Group has poor reverse predictability. Overlapping area represents the amount of predictability between Sabien Technology time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th of November 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 Sabien Technology price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Sabien Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.25 |
Sabien Technology lagged returns against current returns
Autocorrelation, which is Sabien Technology 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 Sabien Technology's stock expected returns. We can calculate the autocorrelation of Sabien Technology returns to help us make a trade decision. For example, suppose you find that Sabien Technology 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 |
Sabien Technology 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 Sabien Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sabien Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sabien Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Sabien Technology Lagged Returns
When evaluating Sabien Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sabien Technology stock have on its future price. Sabien Technology 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, Sabien Technology autocorrelation shows the relationship between Sabien Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Sabien Technology Group.
Regressed Prices |
| Timeline |
Also Currently Popular
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.Other Information on Investing in Sabien Stock
Sabien Technology financial ratios help investors to determine whether Sabien Stock 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 Sabien with respect to the benefits of owning Sabien Technology security.