Safe Pro Group Stock Market Value
| SPAI Stock | 4.59 0.02 0.44% |
| Symbol | Safe |
Is Construction & Engineering 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 Safe Pro. If investors know Safe 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 Safe Pro listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.51) | Revenue Per Share 0.103 | Quarterly Revenue Growth (0.18) |
The market value of Safe Pro Group is measured differently than its book value, which is the value of Safe that is recorded on the company's balance sheet. Investors also form their own opinion of Safe Pro's value that differs from its market value or its book value, called intrinsic value, which is Safe Pro'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 Safe Pro's market value can be influenced by many factors that don't directly affect Safe Pro'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 Safe Pro's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safe Pro is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safe Pro'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.
Safe Pro '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 Safe Pro'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 Safe Pro.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Safe Pro on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Safe Pro Group or generate 0.0% return on investment in Safe Pro over 30 days. Safe Pro is related to or competes with Hanover Insurance, Hawkins, Sun Life, Ecovyst, Employers Holdings, Air Products, and Ecolab. Safe Pro is entity of United States. It is traded as Stock on NASDAQ exchange. More
Safe Pro 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 Safe Pro'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 Safe Pro Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 8.51 | |||
| Information Ratio | 0.0515 | |||
| Maximum Drawdown | 41.97 | |||
| Value At Risk | (15.23) | |||
| Potential Upside | 25.64 |
Safe Pro Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safe Pro's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safe Pro's standard deviation. In reality, there are many statistical measures that can use Safe Pro historical prices to predict the future Safe Pro's volatility.| Risk Adjusted Performance | 0.0574 | |||
| Jensen Alpha | 0.7876 | |||
| Total Risk Alpha | (1.12) | |||
| Sortino Ratio | 0.0711 | |||
| Treynor Ratio | (1.41) |
Safe Pro Group Backtested Returns
Safe Pro appears to be dangerous, given 3 months investment horizon. Safe Pro Group owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0628, which indicates the firm had a 0.0628% return per unit of risk over the last 3 months. By inspecting Safe Pro's technical indicators, you can evaluate if the expected return of 0.73% is justified by implied risk. Please review Safe Pro's Risk Adjusted Performance of 0.0574, coefficient of variation of 1595.34, and Semi Deviation of 8.11 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Safe Pro holds a performance score of 4. The entity has a beta of -0.52, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Safe Pro are expected to decrease at a much lower rate. During the bear market, Safe Pro is likely to outperform the market. Please check Safe Pro's total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to make a quick decision on whether Safe Pro's existing price patterns will revert.
Auto-correlation | -0.39 |
Poor reverse predictability
Safe Pro Group has poor reverse predictability. Overlapping area represents the amount of predictability between Safe Pro time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th 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 Safe Pro Group price movement. The serial correlation of -0.39 indicates that just about 39.0% of current Safe Pro price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.39 | |
| Spearman Rank Test | -0.85 | |
| Residual Average | 0.0 | |
| Price Variance | 1.21 |
Safe Pro Group lagged returns against current returns
Autocorrelation, which is Safe Pro 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 Safe Pro's stock expected returns. We can calculate the autocorrelation of Safe Pro returns to help us make a trade decision. For example, suppose you find that Safe Pro 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 |
Safe Pro 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 Safe Pro stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safe Pro stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safe Pro stock over time.
Current vs Lagged Prices |
| Timeline |
Safe Pro Lagged Returns
When evaluating Safe Pro's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safe Pro stock have on its future price. Safe Pro 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, Safe Pro autocorrelation shows the relationship between Safe Pro stock current value and its past values and can show if there is a momentum factor associated with investing in Safe Pro Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Safe Pro Group offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Safe Pro's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Safe Pro Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Safe Pro Group Stock:Check out Safe Pro Correlation, Safe Pro Volatility and Safe Pro Alpha and Beta module to complement your research on Safe Pro. You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.
Safe Pro technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.