Senmiao Technology Stock Market Value
| AIHS Stock | USD 0.94 0.04 4.44% |
| Symbol | Senmiao |
Senmiao Technology Price To Book Ratio
Is Consumer Finance 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 Senmiao Technology. If investors know Senmiao 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 Senmiao Technology listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.37) | Revenue Per Share 0.614 | Quarterly Revenue Growth (0.46) | Return On Assets (0.26) | Return On Equity (0.82) |
The market value of Senmiao Technology is measured differently than its book value, which is the value of Senmiao that is recorded on the company's balance sheet. Investors also form their own opinion of Senmiao Technology's value that differs from its market value or its book value, called intrinsic value, which is Senmiao Technology'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 Senmiao Technology's market value can be influenced by many factors that don't directly affect Senmiao Technology'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 Senmiao Technology's value and its price as these two are different measures arrived at by different means. Investors typically determine if Senmiao Technology is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Senmiao Technology'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.
Senmiao 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 Senmiao 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 Senmiao Technology.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Senmiao Technology on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Senmiao Technology or generate 0.0% return on investment in Senmiao Technology over 720 days. Senmiao Technology is related to or competes with SLM Corp, Orix Corp, FirstCash, Medallion Financial, Oportun Financial, and SLM Corp. Senmiao Technology Limited engages in the automobile transaction and related services business in the Peoples Republic o... More
Senmiao 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 Senmiao 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 Senmiao Technology upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.04 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 31.4 | |||
| Value At Risk | (6.74) | |||
| Potential Upside | 8.7 |
Senmiao Technology Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Senmiao Technology's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Senmiao Technology's standard deviation. In reality, there are many statistical measures that can use Senmiao Technology historical prices to predict the future Senmiao Technology's volatility.| Risk Adjusted Performance | 0.0126 | |||
| Jensen Alpha | 0.1722 | |||
| Total Risk Alpha | (0.80) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.01) |
Senmiao Technology Backtested Returns
Senmiao Technology owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0701, which indicates the firm had a -0.0701% return per unit of risk over the last 3 months. Senmiao Technology exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Senmiao Technology's Semi Deviation of 3.82, coefficient of variation of 18702.9, and Risk Adjusted Performance of 0.0126 to confirm the risk estimate we provide. The entity has a beta of -1.28, which indicates a somewhat significant risk relative to the market. As returns on the market increase, returns on owning Senmiao Technology are expected to decrease by larger amounts. On the other hand, during market turmoil, Senmiao Technology is expected to outperform it. At this point, Senmiao Technology has a negative expected return of -0.31%. Please make sure to validate Senmiao Technology's sortino ratio and the relationship between the downside variance and price action indicator , to decide if Senmiao Technology performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.58 |
Good reverse predictability
Senmiao Technology has good reverse predictability. Overlapping area represents the amount of predictability between Senmiao Technology time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Senmiao Technology price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Senmiao Technology price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
Senmiao Technology lagged returns against current returns
Autocorrelation, which is Senmiao 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 Senmiao Technology's stock expected returns. We can calculate the autocorrelation of Senmiao Technology returns to help us make a trade decision. For example, suppose you find that Senmiao 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 |
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Senmiao 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 Senmiao Technology stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Senmiao Technology stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Senmiao Technology stock over time.
Current vs Lagged Prices |
| Timeline |
Senmiao Technology Lagged Returns
When evaluating Senmiao Technology's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Senmiao Technology stock have on its future price. Senmiao 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, Senmiao Technology autocorrelation shows the relationship between Senmiao Technology stock current value and its past values and can show if there is a momentum factor associated with investing in Senmiao Technology.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Senmiao Stock Analysis
When running Senmiao Technology's price analysis, check to measure Senmiao Technology's 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 Senmiao Technology is operating at the current time. Most of Senmiao Technology's value examination focuses on studying past and present price action to predict the probability of Senmiao Technology's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Senmiao Technology's price. Additionally, you may evaluate how the addition of Senmiao Technology to your portfolios can decrease your overall portfolio volatility.