Safeplus International Holdings Stock Market Value
| BIPH Stock | USD 18.29 0.31 1.67% |
| Symbol | Safeplus |
Safeplus International Price To Book Ratio
Is Health Care Equipment & Supplies 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 Safeplus International. If investors know Safeplus 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 Safeplus International listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.09) | Revenue Per Share 0.004 | Quarterly Revenue Growth 0.171 | Return On Assets (0.15) |
The market value of Safeplus International is measured differently than its book value, which is the value of Safeplus that is recorded on the company's balance sheet. Investors also form their own opinion of Safeplus International's value that differs from its market value or its book value, called intrinsic value, which is Safeplus International'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 Safeplus International's market value can be influenced by many factors that don't directly affect Safeplus International'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 Safeplus International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safeplus International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safeplus International'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.
Safeplus International '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 Safeplus International'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 Safeplus International.
| 10/28/2024 |
| 11/27/2024 |
If you would invest 0.00 in Safeplus International on October 28, 2024 and sell it all today you would earn a total of 0.00 from holding Safeplus International Holdings or generate 0.0% return on investment in Safeplus International over 30 days. Safeplus International is related to or competes with MidCap Financial, Nuveen Core, and Sono Tek. Biophan Technologies, Inc. develops and markets various technologies for the medical device industries More
Safeplus International 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 Safeplus International'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 Safeplus International Holdings upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.63 | |||
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 8.07 | |||
| Value At Risk | (2.74) | |||
| Potential Upside | 2.77 |
Safeplus International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safeplus International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safeplus International's standard deviation. In reality, there are many statistical measures that can use Safeplus International historical prices to predict the future Safeplus International's volatility.| Risk Adjusted Performance | 0.0127 | |||
| Jensen Alpha | 0.0043 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.07) | |||
| Treynor Ratio | 0.5027 |
Safeplus International Backtested Returns
Safeplus International owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0057, which indicates the firm had a -0.0057% return per unit of risk over the last 3 months. Safeplus International Holdings exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Safeplus International's Risk Adjusted Performance of 0.0127, coefficient of variation of 10120.23, and Semi Deviation of 1.52 to confirm the risk estimate we provide. The entity has a beta of 0.0113, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Safeplus International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Safeplus International is expected to be smaller as well. At this point, Safeplus International has a negative expected return of -0.0092%. Please make sure to validate Safeplus International's information ratio, downside variance, day median price, as well as the relationship between the treynor ratio and kurtosis , to decide if Safeplus International performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.56 |
Good reverse predictability
Safeplus International Holdings has good reverse predictability. Overlapping area represents the amount of predictability between Safeplus International time series from 28th of October 2024 to 12th of November 2024 and 12th of November 2024 to 27th 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 Safeplus International price movement. The serial correlation of -0.56 indicates that roughly 56.0% of current Safeplus International price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.56 | |
| Spearman Rank Test | -0.61 | |
| Residual Average | 0.0 | |
| Price Variance | 0.35 |
Safeplus International lagged returns against current returns
Autocorrelation, which is Safeplus International 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 Safeplus International's stock expected returns. We can calculate the autocorrelation of Safeplus International returns to help us make a trade decision. For example, suppose you find that Safeplus International 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 |
Safeplus International 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 Safeplus International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safeplus International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safeplus International stock over time.
Current vs Lagged Prices |
| Timeline |
Safeplus International Lagged Returns
When evaluating Safeplus International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safeplus International stock have on its future price. Safeplus International 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, Safeplus International autocorrelation shows the relationship between Safeplus International stock current value and its past values and can show if there is a momentum factor associated with investing in Safeplus International Holdings.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Safeplus International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safeplus International's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safeplus International Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safeplus International Holdings Stock:Check out Safeplus International Correlation, Safeplus International Volatility and Safeplus International Alpha and Beta module to complement your research on Safeplus International. You can also try the Stock Screener module to find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..
Safeplus International 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.