Satixfy Communications Stock Market Value
| SATX Stock | USD 0.93 0.10 12.05% |
| Symbol | SatixFy |
SatixFy Communications Price To Book Ratio
Is Electronic Equipment, Instruments & Components 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 SatixFy Communications. If investors know SatixFy 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 SatixFy Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.05) | Revenue Per Share 0.135 | Quarterly Revenue Growth 0.263 | Return On Assets (0.74) |
The market value of SatixFy Communications is measured differently than its book value, which is the value of SatixFy that is recorded on the company's balance sheet. Investors also form their own opinion of SatixFy Communications' value that differs from its market value or its book value, called intrinsic value, which is SatixFy Communications' 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 SatixFy Communications' market value can be influenced by many factors that don't directly affect SatixFy Communications' 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 SatixFy Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if SatixFy Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SatixFy Communications' 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.
SatixFy Communications '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 SatixFy Communications' 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 SatixFy Communications.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in SatixFy Communications on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding SatixFy Communications or generate 0.0% return on investment in SatixFy Communications over 30 days. SatixFy Communications is related to or competes with Actelis Networks, ClearOne, Siyata Mobile, Mobilicom Limited, Mobilicom Limited, Frequency Electronics, and Amplitech. SatixFy Communications Ltd. develops end-to-end next-generation satellite communications systems More
SatixFy Communications 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 SatixFy Communications' 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 SatixFy Communications upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.12 | |||
| Information Ratio | 0.0697 | |||
| Maximum Drawdown | 29.17 | |||
| Value At Risk | (5.32) | |||
| Potential Upside | 6.94 |
SatixFy Communications Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SatixFy Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SatixFy Communications' standard deviation. In reality, there are many statistical measures that can use SatixFy Communications historical prices to predict the future SatixFy Communications' volatility.| Risk Adjusted Performance | 0.0841 | |||
| Jensen Alpha | 0.4903 | |||
| Total Risk Alpha | (0.27) | |||
| Sortino Ratio | 0.0758 | |||
| Treynor Ratio | (0.92) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SatixFy Communications' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
SatixFy Communications Backtested Returns
SatixFy Communications appears to be abnormally volatile, given 3 months investment horizon. SatixFy Communications owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. By inspecting SatixFy Communications' technical indicators, you can evaluate if the expected return of 0.65% is justified by implied risk. Please review SatixFy Communications' Semi Deviation of 3.01, coefficient of variation of 1012.17, and Risk Adjusted Performance of 0.0841 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SatixFy Communications holds a performance score of 10. The entity has a beta of -0.47, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SatixFy Communications are expected to decrease at a much lower rate. During the bear market, SatixFy Communications is likely to outperform the market. Please check SatixFy Communications' sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether SatixFy Communications' existing price patterns will revert.
Auto-correlation | -0.47 |
Modest reverse predictability
SatixFy Communications has modest reverse predictability. Overlapping area represents the amount of predictability between SatixFy Communications time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 SatixFy Communications price movement. The serial correlation of -0.47 indicates that about 47.0% of current SatixFy Communications price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.47 | |
| Spearman Rank Test | 0.15 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SatixFy Communications lagged returns against current returns
Autocorrelation, which is SatixFy Communications 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 SatixFy Communications' stock expected returns. We can calculate the autocorrelation of SatixFy Communications returns to help us make a trade decision. For example, suppose you find that SatixFy Communications 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 |
SatixFy Communications 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 SatixFy Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SatixFy Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SatixFy Communications stock over time.
Current vs Lagged Prices |
| Timeline |
SatixFy Communications Lagged Returns
When evaluating SatixFy Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SatixFy Communications stock have on its future price. SatixFy Communications 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, SatixFy Communications autocorrelation shows the relationship between SatixFy Communications stock current value and its past values and can show if there is a momentum factor associated with investing in SatixFy Communications.
Regressed Prices |
| Timeline |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Tools for SatixFy Stock Analysis
When running SatixFy Communications' price analysis, check to measure SatixFy Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SatixFy Communications is operating at the current time. Most of SatixFy Communications' value examination focuses on studying past and present price action to predict the probability of SatixFy Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SatixFy Communications' price. Additionally, you may evaluate how the addition of SatixFy Communications to your portfolios can decrease your overall portfolio volatility.