Saiheat Limited Stock Market Value
| SAIH Stock | 1.00 0.03 3.09% |
| Symbol | SAIHEAT |
Is IT Consulting & Other Services 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 SAIHEAT. If investors know SAIHEAT 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 SAIHEAT listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.26) | Revenue Per Share 0.289 | Quarterly Revenue Growth (0.29) | Return On Assets (0.23) | Return On Equity (0.33) |
The market value of SAIHEAT Limited is measured differently than its book value, which is the value of SAIHEAT that is recorded on the company's balance sheet. Investors also form their own opinion of SAIHEAT's value that differs from its market value or its book value, called intrinsic value, which is SAIHEAT'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 SAIHEAT's market value can be influenced by many factors that don't directly affect SAIHEAT'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 SAIHEAT's value and its price as these two are different measures arrived at by different means. Investors typically determine if SAIHEAT is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SAIHEAT'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.
SAIHEAT '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 SAIHEAT'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 SAIHEAT.
| 02/09/2023 |
| 11/30/2024 |
If you would invest 0.00 in SAIHEAT on February 9, 2023 and sell it all today you would earn a total of 0.00 from holding SAIHEAT Limited or generate 0.0% return on investment in SAIHEAT over 660 days. SAIHEAT is related to or competes with Microbot Medical, Highway Holdings, Postal Realty, Bausch Lomb, Western Copper, Apogee Enterprises, and Parker Hannifin. SAIHEAT is entity of United States. It is traded as Stock on NASDAQ exchange. More
SAIHEAT 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 SAIHEAT'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 SAIHEAT Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.4 | |||
| Information Ratio | 0.0626 | |||
| Maximum Drawdown | 91.12 | |||
| Value At Risk | (10.81) | |||
| Potential Upside | 16.19 |
SAIHEAT Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SAIHEAT's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SAIHEAT's standard deviation. In reality, there are many statistical measures that can use SAIHEAT historical prices to predict the future SAIHEAT's volatility.| Risk Adjusted Performance | 0.0664 | |||
| Jensen Alpha | 0.6288 | |||
| Total Risk Alpha | (1.07) | |||
| Sortino Ratio | 0.0973 | |||
| Treynor Ratio | 0.494 |
SAIHEAT Limited Backtested Returns
SAIHEAT appears to be out of control, given 3 months investment horizon. SAIHEAT Limited owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0747, which indicates the company had a 0.0747% return per unit of volatility over the last 3 months. By analyzing SAIHEAT's technical indicators, you can evaluate if the expected return of 0.88% is justified by implied risk. Please review SAIHEAT's Downside Deviation of 7.4, market risk adjusted performance of 0.504, and Risk Adjusted Performance of 0.0664 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SAIHEAT holds a performance score of 5. The firm has a beta of 1.72, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SAIHEAT will likely underperform. Please check SAIHEAT's sortino ratio, skewness, period momentum indicator, as well as the relationship between the potential upside and rate of daily change , to make a quick decision on whether SAIHEAT's existing price patterns will revert.
Auto-correlation | 0.42 |
Average predictability
SAIHEAT Limited has average predictability. Overlapping area represents the amount of predictability between SAIHEAT time series from 9th of February 2023 to 5th of January 2024 and 5th of January 2024 to 30th 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 SAIHEAT Limited price movement. The serial correlation of 0.42 indicates that just about 42.0% of current SAIHEAT price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.42 | |
| Spearman Rank Test | 0.11 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
SAIHEAT Limited lagged returns against current returns
Autocorrelation, which is SAIHEAT 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 SAIHEAT's stock expected returns. We can calculate the autocorrelation of SAIHEAT returns to help us make a trade decision. For example, suppose you find that SAIHEAT 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 |
SAIHEAT 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 SAIHEAT stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SAIHEAT stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SAIHEAT stock over time.
Current vs Lagged Prices |
| Timeline |
SAIHEAT Lagged Returns
When evaluating SAIHEAT's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SAIHEAT stock have on its future price. SAIHEAT 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, SAIHEAT autocorrelation shows the relationship between SAIHEAT stock current value and its past values and can show if there is a momentum factor associated with investing in SAIHEAT Limited.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SAIHEAT Limited is a strong investment it is important to analyze SAIHEAT's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SAIHEAT's future performance. For an informed investment choice regarding SAIHEAT Stock, refer to the following important reports:Check out SAIHEAT Correlation, SAIHEAT Volatility and SAIHEAT Alpha and Beta module to complement your research on SAIHEAT. You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
SAIHEAT 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.