SASINI's market value is the price at which a share of SASINI trades on a public exchange. It measures the collective expectations of SASINI LTD investors about its performance. SASINI is trading at 15.15 as of the 1st of February 2025, a 1.34 percent increase since the beginning of the trading day. The stock's open price was 14.95. With this module, you can estimate the performance of a buy and hold strategy of SASINI LTD and determine expected loss or profit from investing in SASINI 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 board of governors.
Symbol
SASINI
SASINI '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 SASINI'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 SASINI.
0.00
08/05/2024
No Change 0.00
0.0
In 5 months and 30 days
02/01/2025
0.00
If you would invest 0.00 in SASINI on August 5, 2024 and sell it all today you would earn a total of 0.00 from holding SASINI LTD or generate 0.0% return on investment in SASINI over 180 days.
SASINI 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 SASINI'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 SASINI LTD 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 SASINI's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SASINI's standard deviation. In reality, there are many statistical measures that can use SASINI historical prices to predict the future SASINI's volatility.
SASINI LTD owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0333, which indicates the company had a -0.0333 % return per unit of standard deviation over the last 3 months. SASINI LTD exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SASINI's Standard Deviation of 2.13, risk adjusted performance of (0.05), and Market Risk Adjusted Performance of (0.66) to confirm the risk estimate we provide. The firm has a beta of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SASINI's returns are expected to increase less than the market. However, during the bear market, the loss of holding SASINI is expected to be smaller as well. At this point, SASINI LTD has a negative expected return of -0.0613%. Please make sure to validate SASINI's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and price action indicator , to decide if SASINI LTD performance from the past will be repeated at future time.
Auto-correlation
0.12
Insignificant predictability
SASINI LTD has insignificant predictability. Overlapping area represents the amount of predictability between SASINI time series from 5th of August 2024 to 3rd of November 2024 and 3rd of November 2024 to 1st of February 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 SASINI LTD price movement. The serial correlation of 0.12 indicates that less than 12.0% of current SASINI price fluctuation can be explain by its past prices.
Correlation Coefficient
0.12
Spearman Rank Test
0.08
Residual Average
0.0
Price Variance
0.23
SASINI LTD lagged returns against current returns
Autocorrelation, which is SASINI 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 SASINI's stock expected returns. We can calculate the autocorrelation of SASINI returns to help us make a trade decision. For example, suppose you find that SASINI 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
SASINI 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 SASINI stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SASINI stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SASINI stock over time.
Current vs Lagged Prices
Timeline
SASINI Lagged Returns
When evaluating SASINI's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SASINI stock have on its future price. SASINI 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, SASINI autocorrelation shows the relationship between SASINI stock current value and its past values and can show if there is a momentum factor associated with investing in SASINI LTD.