Sinovac Biotech Stock Statistic Functions Beta

SVA Stock  USD 6.47  0.00  0.00%   
Sinovac Biotech statistic functions tool provides the execution environment for running the Beta function and other technical functions against Sinovac Biotech. Sinovac Biotech value trend is the prevailing direction of the price over some defined period of time. The concept of trend is an important idea in technical analysis, including the analysis of statistic functions indicators. As with most other technical indicators, the Beta function function is designed to identify and follow existing trends. Sinovac Biotech statistical functions help analysts to determine different price movement patterns based on how price series statistical indicators change over time. Please specify Time Period to run this model.

The function did not generate any output. Please change time horizon or modify your input parameters. The output start index for this execution was sixty with a total number of output elements of one. The Beta measures systematic risk based on how returns on Sinovac Biotech correlated with the market. If Beta is less than 0 Sinovac Biotech generally moves in the opposite direction as compared to the market. If Sinovac Biotech Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Sinovac Biotech is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Sinovac Biotech is generally in the same direction as the market. If Beta > 1 Sinovac Biotech moves generally in the same direction as, but more than the movement of the benchmark.

Sinovac Biotech Technical Analysis Modules

Most technical analysis of Sinovac Biotech help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for Sinovac from various momentum indicators to cycle indicators. When you analyze Sinovac charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

About Sinovac Biotech Predictive Technical Analysis

Predictive technical analysis modules help investors to analyze different prices and returns patterns as well as diagnose historical swings to determine the real value of Sinovac Biotech. We use our internally-developed statistical techniques to arrive at the intrinsic value of Sinovac Biotech based on widely used predictive technical indicators. In general, we focus on analyzing Sinovac Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Sinovac Biotech's daily price indicators and compare them against related drivers, such as statistic functions and various other types of predictive indicators. Using this methodology combined with a more conventional technical analysis and fundamental analysis, we attempt to find the most accurate representation of Sinovac Biotech's intrinsic value. In addition to deriving basic predictive indicators for Sinovac Biotech, we also check how macroeconomic factors affect Sinovac Biotech price patterns. Please read more on our technical analysis page or use our predictive modules below to complement your research.
 2022 2023 2024 (projected)
Dividend Yield0.410.510.46
Price To Sales Ratio0.431.441.65
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sinovac Biotech'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.
Hype
Prediction
LowEstimatedHigh
6.476.476.47
Details
Intrinsic
Valuation
LowRealHigh
6.476.476.47
Details
Naive
Forecast
LowNextHigh
6.476.476.47
Details
Earnings
Estimates (0)
LowProjected EPSHigh
-0.03-0.02-0.02
Details

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When determining whether Sinovac Biotech offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinovac Biotech'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 Sinovac Biotech Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinovac Biotech Stock:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sinovac Biotech. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in unemployment.
For information on how to trade Sinovac Stock refer to our How to Trade Sinovac Stock guide.
You can also try the Economic Indicators module to top statistical indicators that provide insights into how an economy is performing.
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 Sinovac Biotech. If investors know Sinovac 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 Sinovac Biotech listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
3.548
Earnings Share
0.971
Revenue Per Share
5.163
Quarterly Revenue Growth
3.037
Return On Assets
0.1146
The market value of Sinovac Biotech is measured differently than its book value, which is the value of Sinovac that is recorded on the company's balance sheet. Investors also form their own opinion of Sinovac Biotech's value that differs from its market value or its book value, called intrinsic value, which is Sinovac Biotech'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 Sinovac Biotech's market value can be influenced by many factors that don't directly affect Sinovac Biotech'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 Sinovac Biotech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinovac Biotech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinovac Biotech'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.