Santech Holdings Limited Stock Market Value
| STEC Stock | 0.68 0.02 2.86% |
| Symbol | Santech |
Santech Holdings Company Valuation
Is Trading 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 Santech Holdings. If investors know Santech 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 Santech Holdings 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 Santech Holdings is measured differently than its book value, which is the value of Santech that is recorded on the company's balance sheet. Investors also form their own opinion of Santech Holdings' value that differs from its market value or its book value, called intrinsic value, which is Santech Holdings' 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 Santech Holdings' market value can be influenced by many factors that don't directly affect Santech Holdings' 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 Santech Holdings' value and its price as these two are different measures arrived at by different means. Investors typically determine if Santech Holdings is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Santech Holdings' 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.
Santech Holdings '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 Santech Holdings' 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 Santech Holdings.
| 12/31/2024 |
| 01/30/2025 |
If you would invest 0.00 in Santech Holdings on December 31, 2024 and sell it all today you would earn a total of 0.00 from holding Santech Holdings Limited or generate 0.0% return on investment in Santech Holdings over 30 days. Santech Holdings is related to or competes with Gannett, Youdao, Vasta Platform, CTS, Graham Holdings, Strategic Education, and John Wiley. STEC, Inc. designs, manufactures, and markets enterpriseclass solidstate drives , flash cards, and flash modules for use in highperformance enterprise applications, and highdensity dynamic random access memory modules for networking, communications, and industrial applications. More
Santech Holdings 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 Santech Holdings' 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 Santech Holdings Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 10.63 | |||
| Information Ratio | 0.0126 | |||
| Maximum Drawdown | 137.7 | |||
| Value At Risk | (14.63) | |||
| Potential Upside | 12.86 |
Santech Holdings Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Santech Holdings' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Santech Holdings' standard deviation. In reality, there are many statistical measures that can use Santech Holdings historical prices to predict the future Santech Holdings' volatility.| Risk Adjusted Performance | 0.0241 | |||
| Jensen Alpha | 0.3705 | |||
| Total Risk Alpha | (1.27) | |||
| Sortino Ratio | 0.0208 | |||
| Treynor Ratio | (0.30) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Santech Holdings' 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.
Santech Holdings Backtested Returns
Santech Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0416, which indicates the firm had a -0.0416 % return per unit of risk over the last 3 months. Santech Holdings Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Santech Holdings' Risk Adjusted Performance of 0.0241, coefficient of variation of 5738.17, and Semi Deviation of 9.72 to confirm the risk estimate we provide. The entity has a beta of -0.99, which indicates possible diversification benefits within a given portfolio. As the market becomes more bullish, returns on owning Santech Holdings are expected to decrease slowly. On the other hand, during market turmoil, Santech Holdings is expected to outperform it slightly. At this point, Santech Holdings has a negative expected return of -0.49%. Please make sure to validate Santech Holdings' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Santech Holdings performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.54 |
Modest predictability
Santech Holdings Limited has modest predictability. Overlapping area represents the amount of predictability between Santech Holdings time series from 31st of December 2024 to 15th of January 2025 and 15th of January 2025 to 30th 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 Santech Holdings price movement. The serial correlation of 0.54 indicates that about 54.0% of current Santech Holdings price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.54 | |
| Spearman Rank Test | 0.37 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Santech Holdings lagged returns against current returns
Autocorrelation, which is Santech Holdings 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 Santech Holdings' stock expected returns. We can calculate the autocorrelation of Santech Holdings returns to help us make a trade decision. For example, suppose you find that Santech Holdings 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 |
Santech Holdings 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 Santech Holdings stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Santech Holdings stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Santech Holdings stock over time.
Current vs Lagged Prices |
| Timeline |
Santech Holdings Lagged Returns
When evaluating Santech Holdings' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Santech Holdings stock have on its future price. Santech Holdings 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, Santech Holdings autocorrelation shows the relationship between Santech Holdings stock current value and its past values and can show if there is a momentum factor associated with investing in Santech Holdings Limited.
Regressed Prices |
| Timeline |
Also Currently Popular
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.When determining whether Santech Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Santech Holdings' 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 Santech Holdings Limited Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Santech Holdings Limited Stock:Check out Santech Holdings Correlation, Santech Holdings Volatility and Santech Holdings Alpha and Beta module to complement your research on Santech Holdings. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Santech Holdings 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.