Sendas Distribuidora Sa Stock Market Value
| ASAI Stock | USD 4.60 0.09 2.00% |
| Symbol | Sendas |
Sendas Distribuidora Price To Book Ratio
Is Consumer Staples Distribution & Retail 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 Sendas Distribuidora. If investors know Sendas 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 Sendas Distribuidora 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 (0.16) | Earnings Share 0.39 | Revenue Per Share | Quarterly Revenue Growth 0.092 | Return On Assets |
The market value of Sendas Distribuidora is measured differently than its book value, which is the value of Sendas that is recorded on the company's balance sheet. Investors also form their own opinion of Sendas Distribuidora's value that differs from its market value or its book value, called intrinsic value, which is Sendas Distribuidora'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 Sendas Distribuidora's market value can be influenced by many factors that don't directly affect Sendas Distribuidora'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 Sendas Distribuidora's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sendas Distribuidora is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sendas Distribuidora'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.
Sendas Distribuidora '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 Sendas Distribuidora'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 Sendas Distribuidora.
| 12/19/2024 |
| 01/18/2025 |
If you would invest 0.00 in Sendas Distribuidora on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding Sendas Distribuidora SA or generate 0.0% return on investment in Sendas Distribuidora over 30 days. Sendas Distribuidora is related to or competes with Village Super, Weis Markets, Ingles Markets, Grocery Outlet, Natural Grocers, Sprouts Farmers, and Albertsons Companies. Sendas Distribuidora S.A. engages in the retail and wholesale sale of food products, bazaar items, and other products in... More
Sendas Distribuidora 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 Sendas Distribuidora'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 Sendas Distribuidora SA upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 23.54 | |||
| Value At Risk | (7.48) | |||
| Potential Upside | 6.51 |
Sendas Distribuidora Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sendas Distribuidora's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sendas Distribuidora's standard deviation. In reality, there are many statistical measures that can use Sendas Distribuidora historical prices to predict the future Sendas Distribuidora's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.46) | |||
| Treynor Ratio | 1.04 |
Sendas Distribuidora Backtested Returns
Sendas Distribuidora owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Sendas Distribuidora SA exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sendas Distribuidora's Variance of 17.35, coefficient of variation of (1,172), and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of -0.35, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sendas Distribuidora are expected to decrease at a much lower rate. During the bear market, Sendas Distribuidora is likely to outperform the market. At this point, Sendas Distribuidora has a negative expected return of -0.49%. Please make sure to validate Sendas Distribuidora's treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if Sendas Distribuidora performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.87 |
Very good predictability
Sendas Distribuidora SA has very good predictability. Overlapping area represents the amount of predictability between Sendas Distribuidora time series from 19th of December 2024 to 3rd of January 2025 and 3rd of January 2025 to 18th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sendas Distribuidora price movement. The serial correlation of 0.87 indicates that approximately 87.0% of current Sendas Distribuidora price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.87 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sendas Distribuidora lagged returns against current returns
Autocorrelation, which is Sendas Distribuidora 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 Sendas Distribuidora's stock expected returns. We can calculate the autocorrelation of Sendas Distribuidora returns to help us make a trade decision. For example, suppose you find that Sendas Distribuidora 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 |
Sendas Distribuidora 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 Sendas Distribuidora stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sendas Distribuidora stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sendas Distribuidora stock over time.
Current vs Lagged Prices |
| Timeline |
Sendas Distribuidora Lagged Returns
When evaluating Sendas Distribuidora's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sendas Distribuidora stock have on its future price. Sendas Distribuidora 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, Sendas Distribuidora autocorrelation shows the relationship between Sendas Distribuidora stock current value and its past values and can show if there is a momentum factor associated with investing in Sendas Distribuidora SA.
Regressed Prices |
| Timeline |
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Check out Sendas Distribuidora Correlation, Sendas Distribuidora Volatility and Sendas Distribuidora Alpha and Beta module to complement your research on Sendas Distribuidora. You can also try the CEOs Directory module to screen CEOs from public companies around the world.
Sendas Distribuidora 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, stock market cycles, or different charting patterns.