Sapiens International Stock Market Value
| SPNS Stock | USD 33.06 0.46 1.37% |
| Symbol | Sapiens |
Sapiens International Price To Book Ratio
Is Application Software 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 Sapiens International. If investors know Sapiens 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 Sapiens International 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 0.204 | Earnings Share 1.17 | Revenue Per Share 9.44 | Quarterly Revenue Growth 0.076 | Return On Assets 0.075 |
The market value of Sapiens International is measured differently than its book value, which is the value of Sapiens that is recorded on the company's balance sheet. Investors also form their own opinion of Sapiens International's value that differs from its market value or its book value, called intrinsic value, which is Sapiens International'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 Sapiens International's market value can be influenced by many factors that don't directly affect Sapiens International'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 Sapiens International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sapiens International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sapiens International'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.
Sapiens International '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 Sapiens International'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 Sapiens International.
| 03/06/2024 |
| 06/04/2024 |
If you would invest 0.00 in Sapiens International on March 6, 2024 and sell it all today you would earn a total of 0.00 from holding Sapiens International or generate 0.0% return on investment in Sapiens International over 90 days. Sapiens International is related to or competes with Model N, Meridianlink, American Software, and Enfusion. Sapiens International Corporation N.V. provides software solutions for the insurance and financial services industries i... More
Sapiens International 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 Sapiens International'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 Sapiens International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.46 | |||
| Information Ratio | 0.0665 | |||
| Maximum Drawdown | 9.45 | |||
| Value At Risk | (2.63) | |||
| Potential Upside | 2.32 |
Sapiens International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sapiens International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sapiens International's standard deviation. In reality, there are many statistical measures that can use Sapiens International historical prices to predict the future Sapiens International's volatility.| Risk Adjusted Performance | 0.0549 | |||
| Jensen Alpha | 0.1225 | |||
| Total Risk Alpha | 0.1007 | |||
| Sortino Ratio | 0.0811 | |||
| Treynor Ratio | 0.241 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sapiens International'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.
Sapiens International Backtested Returns
Sapiens International appears to be very steady, given 3 months investment horizon. Sapiens International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.12, which indicates the firm had a 0.12% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sapiens International, which you can use to evaluate the volatility of the company. Please review Sapiens International's Semi Deviation of 1.36, risk adjusted performance of 0.0549, and Coefficient Of Variation of 1290.35 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sapiens International holds a performance score of 9. The entity has a beta of 0.53, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sapiens International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sapiens International is expected to be smaller as well. Please check Sapiens International's potential upside, as well as the relationship between the accumulation distribution and price action indicator , to make a quick decision on whether Sapiens International's existing price patterns will revert.
Auto-correlation | 0.80 |
Very good predictability
Sapiens International has very good predictability. Overlapping area represents the amount of predictability between Sapiens International time series from 6th of March 2024 to 20th of April 2024 and 20th of April 2024 to 4th of June 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 Sapiens International price movement. The serial correlation of 0.8 indicates that around 80.0% of current Sapiens International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.8 | |
| Spearman Rank Test | 0.31 | |
| Residual Average | 0.0 | |
| Price Variance | 2.39 |
Sapiens International lagged returns against current returns
Autocorrelation, which is Sapiens International 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 Sapiens International's stock expected returns. We can calculate the autocorrelation of Sapiens International returns to help us make a trade decision. For example, suppose you find that Sapiens International 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 |
Sapiens International 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 Sapiens International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sapiens International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sapiens International stock over time.
Current vs Lagged Prices |
| Timeline |
Sapiens International Lagged Returns
When evaluating Sapiens International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sapiens International stock have on its future price. Sapiens International 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, Sapiens International autocorrelation shows the relationship between Sapiens International stock current value and its past values and can show if there is a momentum factor associated with investing in Sapiens International.
Regressed Prices |
| Timeline |
Pair Trading with Sapiens International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sapiens International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sapiens International will appreciate offsetting losses from the drop in the long position's value.Moving against Sapiens Stock
| 0.84 | ZI | ZoomInfo Technologies | PairCorr |
| 0.83 | DV | DoubleVerify Holdings | PairCorr |
| 0.77 | VCSA | Vacasa Inc Tech Boost | PairCorr |
| 0.74 | U | Unity Software | PairCorr |
| 0.67 | BL | Blackline | PairCorr |
The ability to find closely correlated positions to Sapiens International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sapiens International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sapiens International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sapiens International to buy it.
The correlation of Sapiens International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sapiens International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sapiens International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sapiens International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sapiens Stock Analysis
When running Sapiens International's price analysis, check to measure Sapiens International'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 Sapiens International is operating at the current time. Most of Sapiens International's value examination focuses on studying past and present price action to predict the probability of Sapiens International's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sapiens International's price. Additionally, you may evaluate how the addition of Sapiens International to your portfolios can decrease your overall portfolio volatility.