Senestech Stock Market Value
| SNES Stock | USD 2.90 0.01 0.34% |
| Symbol | SenesTech |
Is Chemicals 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 SenesTech. If investors know SenesTech 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 SenesTech 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 SenesTech is measured differently than its book value, which is the value of SenesTech that is recorded on the company's balance sheet. Investors also form their own opinion of SenesTech's value that differs from its market value or its book value, called intrinsic value, which is SenesTech'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 SenesTech's market value can be influenced by many factors that don't directly affect SenesTech'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 SenesTech's value and its price as these two are different measures arrived at by different means. Investors typically determine if SenesTech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SenesTech'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.
SenesTech '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 SenesTech'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 SenesTech.
| 11/02/2024 |
| 01/31/2025 |
If you would invest 0.00 in SenesTech on November 2, 2024 and sell it all today you would earn a total of 0.00 from holding SenesTech or generate 0.0% return on investment in SenesTech over 90 days. SenesTech is related to or competes with CN Energy, Ecovyst, Alto Ingredients, Lightwave Logic, Gevo, Oil Dri, and Northern Technologies. SenesTech, Inc. develops a technology for managing animal pest populations through fertility control More
SenesTech 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 SenesTech'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 SenesTech upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 6.17 | |||
| Information Ratio | 0.0516 | |||
| Maximum Drawdown | 45.7 | |||
| Value At Risk | (9.18) | |||
| Potential Upside | 12.34 |
SenesTech Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SenesTech's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SenesTech's standard deviation. In reality, there are many statistical measures that can use SenesTech historical prices to predict the future SenesTech's volatility.| Risk Adjusted Performance | 0.0637 | |||
| Jensen Alpha | 0.5387 | |||
| Total Risk Alpha | (0.31) | |||
| Sortino Ratio | 0.0593 | |||
| Treynor Ratio | (0.49) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SenesTech'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.
SenesTech Backtested Returns
SenesTech appears to be dangerous, given 3 months investment horizon. SenesTech owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0657, which indicates the firm had a 0.0657 % return per unit of risk over the last 3 months. We have found thirty technical indicators for SenesTech, which you can use to evaluate the volatility of the company. Please review SenesTech's Risk Adjusted Performance of 0.0637, semi deviation of 5.41, and Coefficient Of Variation of 1522.27 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SenesTech holds a performance score of 5. The entity has a beta of -0.93, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning SenesTech are expected to decrease slowly. On the other hand, during market turmoil, SenesTech is expected to outperform it slightly. Please check SenesTech's value at risk, as well as the relationship between the skewness and day median price , to make a quick decision on whether SenesTech's existing price patterns will revert.
Auto-correlation | -0.37 |
Poor reverse predictability
SenesTech has poor reverse predictability. Overlapping area represents the amount of predictability between SenesTech time series from 2nd of November 2024 to 17th of December 2024 and 17th of December 2024 to 31st 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 SenesTech price movement. The serial correlation of -0.37 indicates that just about 37.0% of current SenesTech price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.37 | |
| Spearman Rank Test | 0.2 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
SenesTech lagged returns against current returns
Autocorrelation, which is SenesTech 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 SenesTech's stock expected returns. We can calculate the autocorrelation of SenesTech returns to help us make a trade decision. For example, suppose you find that SenesTech 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 |
SenesTech 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 SenesTech stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SenesTech stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SenesTech stock over time.
Current vs Lagged Prices |
| Timeline |
SenesTech Lagged Returns
When evaluating SenesTech's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SenesTech stock have on its future price. SenesTech 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, SenesTech autocorrelation shows the relationship between SenesTech stock current value and its past values and can show if there is a momentum factor associated with investing in SenesTech.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SenesTech Stock Analysis
When running SenesTech's price analysis, check to measure SenesTech'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 SenesTech is operating at the current time. Most of SenesTech's value examination focuses on studying past and present price action to predict the probability of SenesTech's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SenesTech's price. Additionally, you may evaluate how the addition of SenesTech to your portfolios can decrease your overall portfolio volatility.