Soligenix Stock Market Value
| SNGX Stock | USD 3.33 0.01 0.30% |
| Symbol | Soligenix |
Soligenix 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 Soligenix. If investors know Soligenix 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 Soligenix listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (6.44) | Revenue Per Share 0.305 | Quarterly Revenue Growth (0.99) | Return On Assets (0.45) | Return On Equity (1.40) |
The market value of Soligenix is measured differently than its book value, which is the value of Soligenix that is recorded on the company's balance sheet. Investors also form their own opinion of Soligenix's value that differs from its market value or its book value, called intrinsic value, which is Soligenix'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 Soligenix's market value can be influenced by many factors that don't directly affect Soligenix'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 Soligenix's value and its price as these two are different measures arrived at by different means. Investors typically determine if Soligenix is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Soligenix'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.
Soligenix '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 Soligenix'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 Soligenix.
| 10/29/2024 |
| 11/28/2024 |
If you would invest 0.00 in Soligenix on October 29, 2024 and sell it all today you would earn a total of 0.00 from holding Soligenix or generate 0.0% return on investment in Soligenix over 30 days. Soligenix is related to or competes with Zura Bio, Phio Pharmaceuticals, Immix Biopharma, Addex Therapeutics, Avenue Therapeutics, Palisade Bio, and Allarity Therapeutics. Soligenix, Inc., a late-stage biopharmaceutical company, focuses on developing and commercializing products to treat rar... More
Soligenix 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 Soligenix'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 Soligenix upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 47.05 | |||
| Value At Risk | (9.74) | |||
| Potential Upside | 8.86 |
Soligenix Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Soligenix's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Soligenix's standard deviation. In reality, there are many statistical measures that can use Soligenix historical prices to predict the future Soligenix's volatility.| Risk Adjusted Performance | 0.0017 | |||
| Jensen Alpha | (0.02) | |||
| Total Risk Alpha | (0.99) | |||
| Treynor Ratio | 0.1644 |
Soligenix Backtested Returns
At this stage we consider Soligenix Stock to be very risky. Soligenix owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.015, which indicates the firm had a 0.015% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Soligenix, which you can use to evaluate the volatility of the company. Please validate Soligenix's Risk Adjusted Performance of 0.0017, coefficient of variation of (10,812), and Variance of 37.3 to confirm if the risk estimate we provide is consistent with the expected return of 0.0884%. Soligenix has a performance score of 1 on a scale of 0 to 100. The entity has a beta of -0.4, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Soligenix are expected to decrease at a much lower rate. During the bear market, Soligenix is likely to outperform the market. Soligenix right now has a risk of 5.91%. Please validate Soligenix total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Soligenix will be following its existing price patterns.
Auto-correlation | 0.73 |
Good predictability
Soligenix has good predictability. Overlapping area represents the amount of predictability between Soligenix time series from 29th of October 2024 to 13th of November 2024 and 13th of November 2024 to 28th 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 Soligenix price movement. The serial correlation of 0.73 indicates that around 73.0% of current Soligenix price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.73 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.02 |
Soligenix lagged returns against current returns
Autocorrelation, which is Soligenix 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 Soligenix's stock expected returns. We can calculate the autocorrelation of Soligenix returns to help us make a trade decision. For example, suppose you find that Soligenix 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 |
Soligenix 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 Soligenix stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Soligenix stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Soligenix stock over time.
Current vs Lagged Prices |
| Timeline |
Soligenix Lagged Returns
When evaluating Soligenix's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Soligenix stock have on its future price. Soligenix 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, Soligenix autocorrelation shows the relationship between Soligenix stock current value and its past values and can show if there is a momentum factor associated with investing in Soligenix.
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 Soligenix Stock Analysis
When running Soligenix's price analysis, check to measure Soligenix'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 Soligenix is operating at the current time. Most of Soligenix's value examination focuses on studying past and present price action to predict the probability of Soligenix's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Soligenix's price. Additionally, you may evaluate how the addition of Soligenix to your portfolios can decrease your overall portfolio volatility.