Sellas Life Sciences Stock Market Value
| SLS Stock | USD 1.33 0.11 9.02% |
| Symbol | Sellas |
Sellas Life Sciences Price To Book Ratio
Is Biotechnology 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 Sellas Life. If investors know Sellas 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 Sellas Life listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Sellas Life Sciences is measured differently than its book value, which is the value of Sellas that is recorded on the company's balance sheet. Investors also form their own opinion of Sellas Life's value that differs from its market value or its book value, called intrinsic value, which is Sellas Life's 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 Sellas Life's market value can be influenced by many factors that don't directly affect Sellas Life's 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 Sellas Life's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sellas Life is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sellas Life's 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.
Sellas Life '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 Sellas Life'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 Sellas Life.
| 11/01/2024 |
| 01/30/2025 |
If you would invest 0.00 in Sellas Life on November 1, 2024 and sell it all today you would earn a total of 0.00 from holding Sellas Life Sciences or generate 0.0% return on investment in Sellas Life over 90 days. Sellas Life is related to or competes with NLS Pharmaceutics, Mereo BioPharma, Day One, Reviva Pharmaceuticals, Cognition Therapeutics, Transcode Therapeutics, and Kodiak Sciences. SELLAS Life Sciences Group, Inc., a late-stage biopharmaceutical company, focuses on the development of novel cancer imm... More
Sellas Life 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 Sellas Life'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 Sellas Life Sciences upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.9 | |||
| Information Ratio | 0.0384 | |||
| Maximum Drawdown | 56.63 | |||
| Value At Risk | (9.52) | |||
| Potential Upside | 8.49 |
Sellas Life Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sellas Life's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sellas Life's standard deviation. In reality, there are many statistical measures that can use Sellas Life historical prices to predict the future Sellas Life's volatility.| Risk Adjusted Performance | 0.0511 | |||
| Jensen Alpha | 0.2419 | |||
| Total Risk Alpha | (0.28) | |||
| Sortino Ratio | 0.046 | |||
| Treynor Ratio | 0.2489 |
Sellas Life Sciences Backtested Returns
Sellas Life appears to be dangerous, given 3 months investment horizon. Sellas Life Sciences owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0585, which indicates the firm had a 0.0585 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sellas Life Sciences, which you can use to evaluate the volatility of the company. Please review Sellas Life's Semi Deviation of 5.33, risk adjusted performance of 0.0511, and Coefficient Of Variation of 1985.26 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sellas Life holds a performance score of 4. The entity has a beta of 1.39, 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, Sellas Life will likely underperform. Please check Sellas Life's value at risk, as well as the relationship between the kurtosis and price action indicator , to make a quick decision on whether Sellas Life's existing price patterns will revert.
Auto-correlation | -0.58 |
Good reverse predictability
Sellas Life Sciences has good reverse predictability. Overlapping area represents the amount of predictability between Sellas Life time series from 1st of November 2024 to 16th of December 2024 and 16th of December 2024 to 30th 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 Sellas Life Sciences price movement. The serial correlation of -0.58 indicates that roughly 58.0% of current Sellas Life price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.58 | |
| Spearman Rank Test | -0.38 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Sellas Life Sciences lagged returns against current returns
Autocorrelation, which is Sellas Life 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 Sellas Life's stock expected returns. We can calculate the autocorrelation of Sellas Life returns to help us make a trade decision. For example, suppose you find that Sellas Life 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 |
Sellas Life 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 Sellas Life stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sellas Life stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sellas Life stock over time.
Current vs Lagged Prices |
| Timeline |
Sellas Life Lagged Returns
When evaluating Sellas Life's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sellas Life stock have on its future price. Sellas Life 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, Sellas Life autocorrelation shows the relationship between Sellas Life stock current value and its past values and can show if there is a momentum factor associated with investing in Sellas Life Sciences.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sellas Stock Analysis
When running Sellas Life's price analysis, check to measure Sellas Life'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 Sellas Life is operating at the current time. Most of Sellas Life's value examination focuses on studying past and present price action to predict the probability of Sellas Life's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sellas Life's price. Additionally, you may evaluate how the addition of Sellas Life to your portfolios can decrease your overall portfolio volatility.