SAITECH Global Price on April 24, 2024

SAIDelisted Stock  USD 1.17  0.23  16.43%   
If you're considering investing in SAITECH Stock, it is important to understand the factors that can impact its price. As of today, the current price of SAITECH Global stands at 1.17, as last reported on the 12th of December 2024, with the highest price reaching 1.53 and the lowest price hitting 1.11 during the day. SAITECH Global is out of control given 3 months investment horizon. SAITECH Global owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the company had a 0.13% return per unit of volatility over the last 3 months. We were able to analyze twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.73% are justified by taking the suggested risk. Use SAITECH Global Downside Deviation of 6.77, risk adjusted performance of 0.0726, and Market Risk Adjusted Performance of (0.91) to evaluate company specific risk that cannot be diversified away.
  
SAITECH Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1297

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Estimated Market Risk

 13.33
  actual daily
96
96% of assets are less volatile

Expected Return

 1.73
  actual daily
34
66% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
10
90% of assets perform better
Based on monthly moving average SAITECH Global is performing at about 10% of its full potential. 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 SAITECH Global by adding it to a well-diversified portfolio.

SAITECH Global Main Headline on 24th of April 2024

SAI.TECH Global reports FY 2023 annual results with a GAAP EPS of -0.26 and a revenue decline of 36.3 percent YoY.

SAITECH Global Valuation on April 24, 2024

It is possible to determine the worth of SAITECH Global on a given historical date. On April 24, 2024 SAITECH was worth 0.85 at the beginning of the trading date compared to the closed value of 0.84. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SAITECH Global stock. Still, in general, we apply an absolute valuation method to find SAITECH Global's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SAITECH Global where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SAITECH Global's related companies.
 Open High Low Close Volume
  0.85    0.89    0.83    0.87    28,465  
04/24/2024
  0.85    0.87    0.83    0.84    20,729  
  0.83    0.85    0.76    0.78    82,518  
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Open Value
0.85
0.84
Closing Value
40.83
Upside

SAITECH Global Trading Date Momentum on April 24, 2024

On April 25 2024 SAITECH Global was traded for  0.78  at the closing time. Highest SAITECH Global's price during the trading hours was 0.85  and the lowest price during the day was  0.76 . The net volume was 82.5 K. The overall trading history on the 25th of April contributed to the next trading period price depreciation. The trading price change to the next next day price was 7.14% . The trading price change to current price is 7.14% .

SAITECH Global Fundamentals Correlations and Trends

By evaluating SAITECH Global's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SAITECH Global's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SAITECH financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SAITECH Global Stock history

SAITECH Global 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 SAITECH is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SAITECH Global 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 SAITECH Global stock prices may prove useful in developing a viable investing in SAITECH Global
SAI.TECH Global Corporation operates as an energy-saving Bitcoin mining operator and a clean-tech company that integrates the bitcoin mining, power, and heating industries worldwide. Its target customers include large-scale miners and institutional investors. SaiTech Global is traded on NASDAQ Exchange in the United States.

SAITECH Global Stock Technical Analysis

SAITECH Global 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, delisted stock market cycles, or different charting patterns.
A focus of SAITECH Global technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SAITECH Global trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

SAITECH Global Period Price Range

Low
December 12, 2024
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High

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SAITECH Global cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

SAITECH Global December 12, 2024 Market Strength

Market strength indicators help investors to evaluate how SAITECH Global stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SAITECH Global shares will generate the highest return on investment. By undertsting and applying SAITECH Global stock market strength indicators, traders can identify SAITECH Global entry and exit signals to maximize returns

SAITECH Global Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SAITECH Global's price direction in advance. Along with the technical and fundamental analysis of SAITECH Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SAITECH 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.
Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation.
You can also try the Price Exposure Probability module to analyze equity upside and downside potential for a given time horizon across multiple markets.

Other Consideration for investing in SAITECH Stock

If you are still planning to invest in SAITECH Global check if it may still be traded through OTC markets such as Pink Sheets or OTC Bulletin Board. You may also purchase it directly from the company, but this is not always possible and may require contacting the company directly. Please note that delisted stocks are often considered to be more risky investments, as they are no longer subject to the same regulatory and reporting requirements as listed stocks. Therefore, it is essential to carefully research the SAITECH Global's history and understand the potential risks before investing.
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