Saluda Medical (Australia) Market Value
| SLD Stock | 1.45 0.01 0.69% |
| Symbol | Saluda |
Saluda Medical '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 Saluda Medical'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 Saluda Medical.
| 01/09/2024 |
| 12/29/2025 |
If you would invest 0.00 in Saluda Medical on January 9, 2024 and sell it all today you would earn a total of 0.00 from holding Saluda Medical or generate 0.0% return on investment in Saluda Medical over 720 days. Saluda Medical is related to or competes with 4DMEDICAL, Imricor Medical, Anteris Technologies, Emvision Medical, and Cleanspace Holdings. Saluda Medical is entity of Australia. It is traded as Stock on AU exchange. More
Saluda Medical 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 Saluda Medical'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 Saluda Medical upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.2077 | |||
| Maximum Drawdown | 20.77 | |||
| Value At Risk | (6.71) | |||
| Potential Upside | 14.06 |
Saluda Medical Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saluda Medical's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saluda Medical's standard deviation. In reality, there are many statistical measures that can use Saluda Medical historical prices to predict the future Saluda Medical's volatility.| Risk Adjusted Performance | 0.1671 | |||
| Jensen Alpha | 0.9899 | |||
| Total Risk Alpha | 0.54 | |||
| Treynor Ratio | 1.69 |
Saluda Medical Backtested Returns
Saluda Medical appears to be dangerous, given 3 months investment horizon. Saluda Medical owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.22, which indicates the firm had a 0.22 % return per unit of risk over the last 3 months. By inspecting Saluda Medical's technical indicators, you can evaluate if the expected return of 0.98% is justified by implied risk. Please review Saluda Medical's Risk Adjusted Performance of 0.1671, variance of 21.39, and Coefficient Of Variation of 442.2 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Saluda Medical holds a performance score of 17. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Saluda Medical's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saluda Medical is expected to be smaller as well. Please check Saluda Medical's value at risk, skewness, and the relationship between the maximum drawdown and potential upside , to make a quick decision on whether Saluda Medical's existing price patterns will revert.
Auto-correlation | 0.00 |
No correlation between past and present
Saluda Medical has no correlation between past and present. Overlapping area represents the amount of predictability between Saluda Medical time series from 9th of January 2024 to 3rd of January 2025 and 3rd of January 2025 to 29th of December 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 Saluda Medical price movement. The serial correlation of 0.0 indicates that just 0.0% of current Saluda Medical price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Saluda Medical lagged returns against current returns
Autocorrelation, which is Saluda Medical 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 Saluda Medical's stock expected returns. We can calculate the autocorrelation of Saluda Medical returns to help us make a trade decision. For example, suppose you find that Saluda Medical 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 |
Saluda Medical 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 Saluda Medical stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saluda Medical stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saluda Medical stock over time.
Current vs Lagged Prices |
| Timeline |
Saluda Medical Lagged Returns
When evaluating Saluda Medical's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saluda Medical stock have on its future price. Saluda Medical 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, Saluda Medical autocorrelation shows the relationship between Saluda Medical stock current value and its past values and can show if there is a momentum factor associated with investing in Saluda Medical.
Regressed Prices |
| Timeline |
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Additional Tools for Saluda Stock Analysis
When running Saluda Medical's price analysis, check to measure Saluda Medical'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 Saluda Medical is operating at the current time. Most of Saluda Medical's value examination focuses on studying past and present price action to predict the probability of Saluda Medical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saluda Medical's price. Additionally, you may evaluate how the addition of Saluda Medical to your portfolios can decrease your overall portfolio volatility.