Satellos Bioscience Stock Market Value
| MSCL Stock | 0.84 0.01 1.20% |
| Symbol | Satellos |
Satellos Bioscience Price To Book Ratio
Satellos Bioscience '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 Satellos Bioscience'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 Satellos Bioscience.
| 12/11/2025 |
| 01/10/2026 |
If you would invest 0.00 in Satellos Bioscience on December 11, 2025 and sell it all today you would earn a total of 0.00 from holding Satellos Bioscience or generate 0.0% return on investment in Satellos Bioscience over 30 days. Satellos Bioscience is related to or competes with Biosyent, Cardiol Therapeutics, Cannara Biotech, Quipt Home, Sernova Corp, Helix BioPharma, and Medicenna Therapeutics. Satellos Bioscience is entity of Canada. It is traded as Stock on TO exchange. More
Satellos Bioscience 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 Satellos Bioscience'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 Satellos Bioscience upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.03 | |||
| Information Ratio | 0.0178 | |||
| Maximum Drawdown | 24.41 | |||
| Value At Risk | (5.13) | |||
| Potential Upside | 10.14 |
Satellos Bioscience Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Satellos Bioscience's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Satellos Bioscience's standard deviation. In reality, there are many statistical measures that can use Satellos Bioscience historical prices to predict the future Satellos Bioscience's volatility.| Risk Adjusted Performance | 0.0369 | |||
| Jensen Alpha | 0.195 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.0202 | |||
| Treynor Ratio | (0.48) |
Satellos Bioscience Backtested Returns
Satellos Bioscience appears to be abnormally volatile, given 3 months investment horizon. Satellos Bioscience owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0487, which indicates the firm had a 0.0487 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Satellos Bioscience, which you can use to evaluate the volatility of the company. Please review Satellos Bioscience's Semi Deviation of 3.57, risk adjusted performance of 0.0369, and Coefficient Of Variation of 2608.67 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Satellos Bioscience holds a performance score of 3. 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 Satellos Bioscience are expected to decrease at a much lower rate. During the bear market, Satellos Bioscience is likely to outperform the market. Please check Satellos Bioscience's sortino ratio, maximum drawdown, potential upside, as well as the relationship between the treynor ratio and value at risk , to make a quick decision on whether Satellos Bioscience's existing price patterns will revert.
Auto-correlation | 0.29 |
Poor predictability
Satellos Bioscience has poor predictability. Overlapping area represents the amount of predictability between Satellos Bioscience time series from 11th of December 2025 to 26th of December 2025 and 26th of December 2025 to 10th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Satellos Bioscience price movement. The serial correlation of 0.29 indicates that nearly 29.0% of current Satellos Bioscience price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.29 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Satellos Bioscience lagged returns against current returns
Autocorrelation, which is Satellos Bioscience 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 Satellos Bioscience's stock expected returns. We can calculate the autocorrelation of Satellos Bioscience returns to help us make a trade decision. For example, suppose you find that Satellos Bioscience 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 |
Satellos Bioscience 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 Satellos Bioscience stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Satellos Bioscience stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Satellos Bioscience stock over time.
Current vs Lagged Prices |
| Timeline |
Satellos Bioscience Lagged Returns
When evaluating Satellos Bioscience's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Satellos Bioscience stock have on its future price. Satellos Bioscience 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, Satellos Bioscience autocorrelation shows the relationship between Satellos Bioscience stock current value and its past values and can show if there is a momentum factor associated with investing in Satellos Bioscience.
Regressed Prices |
| Timeline |
Pair Trading with Satellos Bioscience
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Satellos Bioscience position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Satellos Bioscience will appreciate offsetting losses from the drop in the long position's value.Moving against Satellos Stock
| 0.58 | APS | Aptose Biosciences | PairCorr |
| 0.55 | CM | Canadian Imperial Bank | PairCorr |
| 0.47 | RY | Royal Bank | PairCorr |
| 0.47 | AX-UN | Artis Real Estate | PairCorr |
| 0.44 | FTT | Finning International | PairCorr |
The ability to find closely correlated positions to Satellos Bioscience could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Satellos Bioscience when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Satellos Bioscience - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Satellos Bioscience to buy it.
The correlation of Satellos Bioscience is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Satellos Bioscience moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Satellos Bioscience moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Satellos Bioscience can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Satellos Stock
Satellos Bioscience financial ratios help investors to determine whether Satellos Stock 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 Satellos with respect to the benefits of owning Satellos Bioscience security.