Savior Lifetec (Taiwan) Market Value
| 4167 Stock | TWD 22.05 0.15 0.68% |
| Symbol | Savior |
Savior Lifetec '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 Savior Lifetec'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 Savior Lifetec.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Savior Lifetec on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Savior Lifetec or generate 0.0% return on investment in Savior Lifetec over 30 days. Savior Lifetec is related to or competes with Oneness Biotech, EirGenix, Medigen Vaccine, TaiMed Biologics, Adimmune Corp, PharmaEngine, and Panion BF. Savior Lifetec Corporation, a specialty injectable company, produces and supplies sterile APIs and finished dosage formu... More
Savior Lifetec 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 Savior Lifetec'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 Savior Lifetec upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.73 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (2.62) | |||
| Potential Upside | 3.59 |
Savior Lifetec Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Savior Lifetec's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Savior Lifetec's standard deviation. In reality, there are many statistical measures that can use Savior Lifetec historical prices to predict the future Savior Lifetec's volatility.| Risk Adjusted Performance | 0.0195 | |||
| Jensen Alpha | 0.0649 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | (0.03) | |||
| Treynor Ratio | (0.07) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Savior Lifetec'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.
Savior Lifetec Backtested Returns
Savior Lifetec appears to be very steady, given 3 months investment horizon. Savior Lifetec owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0931, which indicates the firm had a 0.0931% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Savior Lifetec, which you can use to evaluate the volatility of the company. Please review Savior Lifetec's Risk Adjusted Performance of 0.0195, semi deviation of 1.55, and Coefficient Of Variation of 4950.88 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Savior Lifetec holds a performance score of 7. The entity has a beta of -0.41, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Savior Lifetec are expected to decrease at a much lower rate. During the bear market, Savior Lifetec is likely to outperform the market. Please check Savior Lifetec's sortino ratio, maximum drawdown, and the relationship between the total risk alpha and treynor ratio , to make a quick decision on whether Savior Lifetec's existing price patterns will revert.
Auto-correlation | 0.21 |
Weak predictability
Savior Lifetec has weak predictability. Overlapping area represents the amount of predictability between Savior Lifetec time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 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 Savior Lifetec price movement. The serial correlation of 0.21 indicates that over 21.0% of current Savior Lifetec price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.21 | |
| Spearman Rank Test | 0.19 | |
| Residual Average | 0.0 | |
| Price Variance | 0.18 |
Savior Lifetec lagged returns against current returns
Autocorrelation, which is Savior Lifetec 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 Savior Lifetec's stock expected returns. We can calculate the autocorrelation of Savior Lifetec returns to help us make a trade decision. For example, suppose you find that Savior Lifetec 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 |
Savior Lifetec 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 Savior Lifetec stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Savior Lifetec stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Savior Lifetec stock over time.
Current vs Lagged Prices |
| Timeline |
Savior Lifetec Lagged Returns
When evaluating Savior Lifetec's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Savior Lifetec stock have on its future price. Savior Lifetec 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, Savior Lifetec autocorrelation shows the relationship between Savior Lifetec stock current value and its past values and can show if there is a momentum factor associated with investing in Savior Lifetec.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Savior Lifetec in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Savior Lifetec's short interest history, or implied volatility extrapolated from Savior Lifetec options trading.
Thematic Opportunities
Explore Investment Opportunities
Check out Savior Lifetec Correlation, Savior Lifetec Volatility and Savior Lifetec Alpha and Beta module to complement your research on Savior Lifetec. You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Complementary Tools for Savior Stock analysis
When running Savior Lifetec's price analysis, check to measure Savior Lifetec's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Savior Lifetec is operating at the current time. Most of Savior Lifetec's value examination focuses on studying past and present price action to predict the probability of Savior Lifetec's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Savior Lifetec's price. Additionally, you may evaluate how the addition of Savior Lifetec to your portfolios can decrease your overall portfolio volatility.
| Commodity Channel Use Commodity Channel Index to analyze current equity momentum | |
| Transaction History View history of all your transactions and understand their impact on performance | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| My Watchlist Analysis Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like | |
| Content Syndication Quickly integrate customizable finance content to your own investment portal | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
Savior Lifetec 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.