Ss Innovations International Stock Market Value
| SSII Stock | 5.74 0.27 4.49% |
| Symbol | SSII |
Is Health Care Equipment & Supplies 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 SS Innovations. If investors know SSII 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 SS Innovations 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 SS Innovations Inter is measured differently than its book value, which is the value of SSII that is recorded on the company's balance sheet. Investors also form their own opinion of SS Innovations' value that differs from its market value or its book value, called intrinsic value, which is SS Innovations' 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 SS Innovations' market value can be influenced by many factors that don't directly affect SS Innovations' 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 SS Innovations' value and its price as these two are different measures arrived at by different means. Investors typically determine if SS Innovations is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SS Innovations' 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.
SS Innovations '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 SS Innovations' 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 SS Innovations.
| 01/06/2024 |
| 12/26/2025 |
If you would invest 0.00 in SS Innovations on January 6, 2024 and sell it all today you would earn a total of 0.00 from holding SS Innovations International or generate 0.0% return on investment in SS Innovations over 720 days. SS Innovations is related to or competes with UFP Technologies, CONMED, Establishment Labs, Procept Biorobotics, Schrodinger, Omnicell, and Omada Health,. More
SS Innovations 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 SS Innovations' 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 SS Innovations International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.27 | |||
| Information Ratio | 0.0324 | |||
| Maximum Drawdown | 43.09 | |||
| Value At Risk | (7.18) | |||
| Potential Upside | 10.79 |
SS Innovations Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SS Innovations' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SS Innovations' standard deviation. In reality, there are many statistical measures that can use SS Innovations historical prices to predict the future SS Innovations' volatility.| Risk Adjusted Performance | 0.0403 | |||
| Jensen Alpha | 0.1856 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | 0.0504 | |||
| Treynor Ratio | 0.2008 |
SS Innovations Inter Backtested Returns
SS Innovations appears to be unstable, given 3 months investment horizon. SS Innovations Inter retains Efficiency (Sharpe Ratio) of 0.0336, which indicates the firm had a 0.0336 % return per unit of price deviation over the last 3 months. We have found twenty-eight technical indicators for SS Innovations, which you can use to evaluate the volatility of the company. Please review SS Innovations' Downside Deviation of 4.27, mean deviation of 4.41, and Risk Adjusted Performance of 0.0403 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SS Innovations holds a performance score of 2. The entity owns a Beta (Systematic Risk) of 1.42, 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, SS Innovations will likely underperform. Please check SS Innovations' coefficient of variation, semi variance, period momentum indicator, as well as the relationship between the treynor ratio and daily balance of power , to make a quick decision on whether SS Innovations' current price history will revert.
Auto-correlation | 0.37 |
Below average predictability
SS Innovations International has below average predictability. Overlapping area represents the amount of predictability between SS Innovations time series from 6th of January 2024 to 31st of December 2024 and 31st of December 2024 to 26th of December 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 SS Innovations Inter price movement. The serial correlation of 0.37 indicates that just about 37.0% of current SS Innovations price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.37 | |
| Spearman Rank Test | 0.41 | |
| Residual Average | 0.0 | |
| Price Variance | 3.06 |
SS Innovations Inter lagged returns against current returns
Autocorrelation, which is SS Innovations 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 SS Innovations' stock expected returns. We can calculate the autocorrelation of SS Innovations returns to help us make a trade decision. For example, suppose you find that SS Innovations 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 |
SS Innovations 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 SS Innovations stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SS Innovations stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SS Innovations stock over time.
Current vs Lagged Prices |
| Timeline |
SS Innovations Lagged Returns
When evaluating SS Innovations' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SS Innovations stock have on its future price. SS Innovations 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, SS Innovations autocorrelation shows the relationship between SS Innovations stock current value and its past values and can show if there is a momentum factor associated with investing in SS Innovations International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
| DD | Dupont De Nemours | |
| CRDO | Credo Technology Group | |
| GOOG | Alphabet Inc Class C | |
| BAC | Bank of America | |
| CRM | Salesforce |
Check out SS Innovations Correlation, SS Innovations Volatility and SS Innovations Alpha and Beta module to complement your research on SS Innovations. You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
SS Innovations 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.