Saniona AB's market value is the price at which a share of Saniona AB trades on a public exchange. It measures the collective expectations of Saniona AB TO investors about its performance. Saniona AB is trading at 1.70 as of the 10th of January 2025, a 2.3% down since the beginning of the trading day. The stock's open price was 1.74. With this module, you can estimate the performance of a buy and hold strategy of Saniona AB TO and determine expected loss or profit from investing in Saniona AB over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in persons.
Symbol
Saniona
Saniona AB '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 Saniona AB'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 Saniona AB.
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01/21/2023
No Change 0.00
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In 1 year 11 months and 22 days
01/10/2025
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If you would invest 0.00 in Saniona AB on January 21, 2023 and sell it all today you would earn a total of 0.00 from holding Saniona AB TO or generate 0.0% return on investment in Saniona AB over 720 days.
Saniona AB 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 Saniona AB'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 Saniona AB TO upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saniona AB's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saniona AB's standard deviation. In reality, there are many statistical measures that can use Saniona AB historical prices to predict the future Saniona AB's volatility.
Saniona AB is out of control given 3 months investment horizon. Saniona AB TO owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We were able to interpolate twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.25% are justified by taking the suggested risk. Use Saniona AB TO Coefficient Of Variation of 835.57, semi deviation of 8.19, and Risk Adjusted Performance of 0.1049 to evaluate company specific risk that cannot be diversified away. Saniona AB holds a performance score of 8 on a scale of zero to a hundred. The entity has a beta of 3.84, 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, Saniona AB will likely underperform. Use Saniona AB TO value at risk, as well as the relationship between the skewness and day median price , to analyze future returns on Saniona AB TO.
Auto-correlation
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No correlation between past and present
Saniona AB TO has no correlation between past and present. Overlapping area represents the amount of predictability between Saniona AB time series from 21st of January 2023 to 16th of January 2024 and 16th of January 2024 to 10th 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 Saniona AB TO price movement. The serial correlation of 0.0 indicates that just 0.0% of current Saniona AB price fluctuation can be explain by its past prices.
Correlation Coefficient
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Spearman Rank Test
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Residual Average
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Price Variance
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Saniona AB TO lagged returns against current returns
Autocorrelation, which is Saniona AB 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 Saniona AB's stock expected returns. We can calculate the autocorrelation of Saniona AB returns to help us make a trade decision. For example, suppose you find that Saniona AB 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
Saniona AB 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 Saniona AB stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saniona AB stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saniona AB stock over time.
Current vs Lagged Prices
Timeline
Saniona AB Lagged Returns
When evaluating Saniona AB's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saniona AB stock have on its future price. Saniona AB 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, Saniona AB autocorrelation shows the relationship between Saniona AB stock current value and its past values and can show if there is a momentum factor associated with investing in Saniona AB TO.
Regressed Prices
Timeline
Thematic Opportunities
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