Sats Stock Market Value
| SPASF Stock | USD 1.73 0.02 1.14% |
| Symbol | SATS |
SATS '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 SATS's pink sheet 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 SATS.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in SATS on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding SATS or generate 0.0% return on investment in SATS over 30 days. SATS is related to or competes with Aeroports, Airports, Corporacion America, Aeroports, Saker Aviation, and AerSale Corp. SATS Ltd., an investment holding company, provides gateway services and food solutions in Singapore, Japan, and internat... More
SATS 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 SATS's pink sheet 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 SATS upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.25) | |||
| Maximum Drawdown | 9.33 |
SATS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SATS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SATS's standard deviation. In reality, there are many statistical measures that can use SATS historical prices to predict the future SATS's volatility.| Risk Adjusted Performance | (0.11) | |||
| Jensen Alpha | (0.27) | |||
| Total Risk Alpha | (0.45) | |||
| Treynor Ratio | (3.69) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SATS'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.
SATS Backtested Returns
SATS owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.19, which indicates the company had a -0.19% return per unit of standard deviation over the last 3 months. SATS exposes nineteen different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SATS's Market Risk Adjusted Performance of (3.68), standard deviation of 1.38, and Risk Adjusted Performance of (0.11) to confirm the risk estimate we provide. The firm has a beta of 0.0717, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SATS's returns are expected to increase less than the market. However, during the bear market, the loss of holding SATS is expected to be smaller as well. SATS has an expected return of -0.27%. Please make sure to validate SATS variance, as well as the relationship between the skewness and day median price , to decide if SATS performance from the past will be repeated at future time.
Auto-correlation | 0.00 |
No correlation between past and present
SATS has no correlation between past and present. Overlapping area represents the amount of predictability between SATS time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 SATS price movement. The serial correlation of 0.0 indicates that just 0.0% of current SATS price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | -0.64 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
SATS lagged returns against current returns
Autocorrelation, which is SATS pink sheet'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 SATS's pink sheet expected returns. We can calculate the autocorrelation of SATS returns to help us make a trade decision. For example, suppose you find that SATS has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
SATS 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 SATS pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SATS pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SATS pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SATS Lagged Returns
When evaluating SATS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SATS pink sheet have on its future price. SATS 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, SATS autocorrelation shows the relationship between SATS pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SATS.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Check out SATS Correlation, SATS Volatility and SATS Alpha and Beta module to complement your research on SATS. You can also try the AI Portfolio Architect module to use AI to generate optimal portfolios and find profitable investment opportunities.
Complementary Tools for SATS Pink Sheet analysis
When running SATS's price analysis, check to measure SATS'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 SATS is operating at the current time. Most of SATS's value examination focuses on studying past and present price action to predict the probability of SATS's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SATS's price. Additionally, you may evaluate how the addition of SATS to your portfolios can decrease your overall portfolio volatility.
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Odds Of Bankruptcy Get analysis of equity chance of financial distress in the next 2 years | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| Money Flow Index Determine momentum by analyzing Money Flow Index and other technical indicators | |
| Portfolio Backtesting Avoid under-diversification and over-optimization by backtesting your portfolios | |
| Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Correlation Analysis Reduce portfolio risk simply by holding instruments which are not perfectly correlated | |
| Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities | |
| Headlines Timeline Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity |
SATS technical pink sheet 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, pink sheet market cycles, or different charting patterns.