Sosei Group Stock Market Value
| SOLTF Stock | USD 6.95 0.46 6.21% |
| Symbol | Sosei |
Sosei '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 Sosei'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 Sosei.
| 12/23/2022 |
| 12/12/2024 |
If you would invest 0.00 in Sosei on December 23, 2022 and sell it all today you would earn a total of 0.00 from holding Sosei Group or generate 0.0% return on investment in Sosei over 720 days. Sosei is related to or competes with Sino Biopharmaceutica, Defence Therapeutics, Aileron Therapeutics, and Enlivex Therapeutics. Sosei Group Corporation develops biopharmaceutical products worldwide More
Sosei 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 Sosei'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 Sosei Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.08) | |||
| Maximum Drawdown | 32.27 | |||
| Value At Risk | (6.21) | |||
| Potential Upside | 5.5 |
Sosei Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sosei's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sosei's standard deviation. In reality, there are many statistical measures that can use Sosei historical prices to predict the future Sosei's volatility.| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.17) | |||
| Total Risk Alpha | (0.77) | |||
| Treynor Ratio | 1.12 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sosei's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Sosei Group Backtested Returns
Sosei Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0514, which indicates the firm had a -0.0514% return per unit of risk over the last 3 months. Sosei Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sosei's Variance of 13.22, coefficient of variation of (1,977), and Risk Adjusted Performance of (0.03) to confirm the risk estimate we provide. The entity has a beta of -0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sosei are expected to decrease at a much lower rate. During the bear market, Sosei is likely to outperform the market. At this point, Sosei Group has a negative expected return of -0.19%. Please make sure to validate Sosei's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if Sosei Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.33 |
Below average predictability
Sosei Group has below average predictability. Overlapping area represents the amount of predictability between Sosei time series from 23rd of December 2022 to 18th of December 2023 and 18th of December 2023 to 12th 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 Sosei Group price movement. The serial correlation of 0.33 indicates that nearly 33.0% of current Sosei price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.33 | |
| Spearman Rank Test | 0.33 | |
| Residual Average | 0.0 | |
| Price Variance | 1.05 |
Sosei Group lagged returns against current returns
Autocorrelation, which is Sosei 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 Sosei's pink sheet expected returns. We can calculate the autocorrelation of Sosei returns to help us make a trade decision. For example, suppose you find that Sosei 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 |
Sosei 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 Sosei pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sosei pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sosei pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sosei Lagged Returns
When evaluating Sosei's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sosei pink sheet have on its future price. Sosei 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, Sosei autocorrelation shows the relationship between Sosei pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sosei Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sosei Pink Sheet
Sosei financial ratios help investors to determine whether Sosei 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 Sosei with respect to the benefits of owning Sosei security.