Sosei Group Stock Market Value
| SOLTF Stock | USD 8.05 0.00 0.00% |
| Symbol | Sosei |
Sosei Group '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 Sosei Group's pink sheet 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 Sosei Group.
| 10/30/2024 |
| 11/29/2024 |
If you would invest 0.00 in Sosei Group on October 30, 2024 and sell it all today you would earn a total of 0.00 from holding Sosei Group or generate 0.0% return on investment in Sosei Group over 30 days. Sosei Group is related to or competes with Gain Therapeutics, Biovie, In8bio, NewAmsterdam Pharma, Cue Biopharma, Uniqure NV, and Rocket Pharmaceuticals. Sosei Group Corporation develops biopharmaceutical products worldwide More
Sosei Group 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 Sosei Group's pink sheet 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 Sosei Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.06) | |||
| Maximum Drawdown | 33.22 | |||
| Value At Risk | (7.33) | |||
| Potential Upside | 6.9 |
Sosei Group Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sosei Group's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sosei Group's standard deviation. In reality, there are many statistical measures that can use Sosei Group historical prices to predict the future Sosei Group's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.81) | |||
| Treynor Ratio | 0.4143 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sosei Group'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.
Sosei Group Backtested Returns
Sosei Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0479, which indicates the firm had a -0.0479% return per unit of risk over the last 3 months. Sosei Group exposes eighteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sosei Group's Coefficient Of Variation of (2,975), variance of 18.81, and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of -0.38, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sosei Group are expected to decrease at a much lower rate. During the bear market, Sosei Group is likely to outperform the market. At this point, Sosei Group has a negative expected return of -0.19%. Please make sure to validate Sosei Group's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and skewness , to decide if Sosei Group performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.00 |
No correlation between past and present
Sosei Group has no correlation between past and present. Overlapping area represents the amount of predictability between Sosei Group time series from 30th of October 2024 to 14th of November 2024 and 14th of November 2024 to 29th 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 Sosei Group price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sosei Group price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 0.91 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sosei Group lagged returns against current returns
Autocorrelation, which is Sosei Group pink sheet'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 Sosei Group's pink sheet expected returns. We can calculate the autocorrelation of Sosei Group returns to help us make a trade decision. For example, suppose you find that Sosei Group has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
Sosei Group 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 Sosei Group pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sosei Group pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sosei Group pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sosei Group Lagged Returns
When evaluating Sosei Group's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sosei Group pink sheet have on its future price. Sosei Group 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, Sosei Group autocorrelation shows the relationship between Sosei Group pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sosei Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sosei Pink Sheet
Sosei Group financial ratios help investors to determine whether Sosei Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sosei with respect to the benefits of owning Sosei Group security.