Saputo Inc Stock Market Value
| SAP Stock | CAD 26.86 0.06 0.22% |
| Symbol | SAP |
Saputo Inc Price To Book Ratio
S A P '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 S A P'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 S A P.
| 05/01/2023 |
| 04/25/2024 |
If you would invest 0.00 in S A P on May 1, 2023 and sell it all today you would earn a total of 0.00 from holding Saputo Inc or generate 0.0% return on investment in S A P over 360 days. S A P is related to or competes with Gamehost, Andrew Peller, Buhler Industries, and Accord Financial. Saputo Inc., through its subsidiaries, produces, markets, and distributes dairy products in Canada, the United States, A... More
S A P 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 S A P'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 Saputo Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 5.66 | |||
| Value At Risk | (2.01) | |||
| Potential Upside | 2.19 |
S A P Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for S A P's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as S A P's standard deviation. In reality, there are many statistical measures that can use S A P historical prices to predict the future S A P's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.16) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.06) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of S A P'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.
Saputo Inc Backtested Returns
Saputo Inc owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0508, which indicates the firm had a -0.0508% return per unit of risk over the last 3 months. Saputo Inc exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate S A P's Variance of 1.59, coefficient of variation of (2,202), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 1.08, which indicates a somewhat significant risk relative to the market. S A P returns are very sensitive to returns on the market. As the market goes up or down, S A P is expected to follow. Saputo Inc has an expected return of -0.0652%. Please make sure to validate S A P skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Saputo Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.11 |
Insignificant reverse predictability
Saputo Inc has insignificant reverse predictability. Overlapping area represents the amount of predictability between S A P time series from 1st of May 2023 to 28th of October 2023 and 28th of October 2023 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 Saputo Inc price movement. The serial correlation of -0.11 indicates that less than 11.0% of current S A P price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.11 | |
| Spearman Rank Test | 0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.7 |
Saputo Inc lagged returns against current returns
Autocorrelation, which is S A P 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 S A P's stock expected returns. We can calculate the autocorrelation of S A P returns to help us make a trade decision. For example, suppose you find that S A P 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 |
S A P 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 S A P stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if S A P stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in S A P stock over time.
Current vs Lagged Prices |
| Timeline |
S A P Lagged Returns
When evaluating S A P's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of S A P stock have on its future price. S A P 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, S A P autocorrelation shows the relationship between S A P stock current value and its past values and can show if there is a momentum factor associated with investing in Saputo Inc.
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 S A P 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, S A P's short interest history, or implied volatility extrapolated from S A P options trading.
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Check out S A P Correlation, S A P Volatility and S A P Alpha and Beta module to complement your research on S A P. You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Complementary Tools for SAP Stock analysis
When running S A P's price analysis, check to measure S A P'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 S A P is operating at the current time. Most of S A P's value examination focuses on studying past and present price action to predict the probability of S A P's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move S A P's price. Additionally, you may evaluate how the addition of S A P to your portfolios can decrease your overall portfolio volatility.
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S A P 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.