Sequent Scientific (India) Market Value
| SEQUENT Stock | 203.32 4.05 2.03% |
| Symbol | Sequent |
Sequent Scientific '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 Sequent Scientific'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 Sequent Scientific.
| 09/02/2024 |
| 12/01/2024 |
If you would invest 0.00 in Sequent Scientific on September 2, 2024 and sell it all today you would earn a total of 0.00 from holding Sequent Scientific Limited or generate 0.0% return on investment in Sequent Scientific over 90 days. Sequent Scientific is related to or competes with Zodiac Clothing, Hindustan Foods, Dodla Dairy, Meghmani Organics, Hathway Cable, Data Patterns, and Datamatics Global. Sequent Scientific is entity of India. It is traded as Stock on NSE exchange. More
Sequent Scientific 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 Sequent Scientific'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 Sequent Scientific Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.1 | |||
| Information Ratio | 0.0662 | |||
| Maximum Drawdown | 18.51 | |||
| Value At Risk | (4.63) | |||
| Potential Upside | 6.85 |
Sequent Scientific Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sequent Scientific's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sequent Scientific's standard deviation. In reality, there are many statistical measures that can use Sequent Scientific historical prices to predict the future Sequent Scientific's volatility.| Risk Adjusted Performance | 0.0868 | |||
| Jensen Alpha | 0.3747 | |||
| Total Risk Alpha | (0.25) | |||
| Sortino Ratio | 0.0793 | |||
| Treynor Ratio | (47.31) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sequent Scientific's 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.
Sequent Scientific Backtested Returns
Sequent Scientific appears to be very steady, given 3 months investment horizon. Sequent Scientific 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 have found thirty technical indicators for Sequent Scientific Limited, which you can use to evaluate the volatility of the company. Please review Sequent Scientific's Risk Adjusted Performance of 0.0868, coefficient of variation of 969.02, and Semi Deviation of 2.68 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sequent Scientific holds a performance score of 8. The entity has a beta of -0.0079, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sequent Scientific are expected to decrease at a much lower rate. During the bear market, Sequent Scientific is likely to outperform the market. Please check Sequent Scientific's potential upside, as well as the relationship between the kurtosis and day typical price , to make a quick decision on whether Sequent Scientific's existing price patterns will revert.
Auto-correlation | 0.15 |
Insignificant predictability
Sequent Scientific Limited has insignificant predictability. Overlapping area represents the amount of predictability between Sequent Scientific time series from 2nd of September 2024 to 17th of October 2024 and 17th of October 2024 to 1st of December 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 Sequent Scientific price movement. The serial correlation of 0.15 indicates that less than 15.0% of current Sequent Scientific price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.15 | |
| Spearman Rank Test | 0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 178.49 |
Sequent Scientific lagged returns against current returns
Autocorrelation, which is Sequent Scientific 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 Sequent Scientific's stock expected returns. We can calculate the autocorrelation of Sequent Scientific returns to help us make a trade decision. For example, suppose you find that Sequent Scientific 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 |
Sequent Scientific 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 Sequent Scientific stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sequent Scientific stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sequent Scientific stock over time.
Current vs Lagged Prices |
| Timeline |
Sequent Scientific Lagged Returns
When evaluating Sequent Scientific's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sequent Scientific stock have on its future price. Sequent Scientific 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, Sequent Scientific autocorrelation shows the relationship between Sequent Scientific stock current value and its past values and can show if there is a momentum factor associated with investing in Sequent Scientific Limited.
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 Sequent Stock Analysis
When running Sequent Scientific's price analysis, check to measure Sequent Scientific's 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 Sequent Scientific is operating at the current time. Most of Sequent Scientific's value examination focuses on studying past and present price action to predict the probability of Sequent Scientific's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sequent Scientific's price. Additionally, you may evaluate how the addition of Sequent Scientific to your portfolios can decrease your overall portfolio volatility.