Saputo Inc Stock Market Value
| SAPIF Stock | USD 19.70 1.25 6.78% |
| Symbol | Saputo |
Saputo '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 Saputo'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 Saputo.
| 05/05/2022 |
| 04/24/2024 |
If you would invest 0.00 in Saputo on May 5, 2022 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 Saputo over 720 days. Saputo is related to or competes with Sun Life, Roth CH, and Glucose Health. Saputo Inc. produces, markets, and distributes dairy products in Canada, the United States, Argentina, Australia, and th... More
Saputo 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 Saputo'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 Saputo Inc upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.19) | |||
| Maximum Drawdown | 7.6 | |||
| Value At Risk | (2.37) | |||
| Potential Upside | 2.32 |
Saputo Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saputo's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saputo's standard deviation. In reality, there are many statistical measures that can use Saputo historical prices to predict the future Saputo's volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.28) | |||
| Total Risk Alpha | (0.37) | |||
| Treynor Ratio | (0.17) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Saputo'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 -0.0459, which indicates the firm had a -0.0459% 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 Saputo's Variance of 2.0, coefficient of variation of (790.44), and Risk Adjusted Performance of (0.07) to confirm the risk estimate we provide. The entity has a beta of 1.1, which indicates a somewhat significant risk relative to the market. Saputo returns are very sensitive to returns on the market. As the market goes up or down, Saputo is expected to follow. Saputo Inc has an expected return of -0.0781%. Please make sure to validate Saputo skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Saputo Inc performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.82 |
Excellent reverse predictability
Saputo Inc has excellent reverse predictability. Overlapping area represents the amount of predictability between Saputo time series from 5th of May 2022 to 30th of April 2023 and 30th of April 2023 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 Saputo Inc price movement. The serial correlation of -0.82 indicates that around 82.0% of current Saputo price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.82 | |
| Spearman Rank Test | -0.51 | |
| Residual Average | 0.0 | |
| Price Variance | 3.65 |
Saputo Inc lagged returns against current returns
Autocorrelation, which is Saputo 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 Saputo's pink sheet expected returns. We can calculate the autocorrelation of Saputo returns to help us make a trade decision. For example, suppose you find that Saputo 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 |
Saputo 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 Saputo pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saputo pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saputo pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Saputo Lagged Returns
When evaluating Saputo's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saputo pink sheet have on its future price. Saputo 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, Saputo autocorrelation shows the relationship between Saputo pink sheet 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 Saputo 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, Saputo's short interest history, or implied volatility extrapolated from Saputo options trading.
Currently Active Assets on Macroaxis
Check out Saputo Correlation, Saputo Volatility and Saputo Alpha and Beta module to complement your research on Saputo. You can also try the Earnings Calls module to check upcoming earnings announcements updated hourly across public exchanges.
Complementary Tools for Saputo Pink Sheet analysis
When running Saputo's price analysis, check to measure Saputo'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 Saputo is operating at the current time. Most of Saputo's value examination focuses on studying past and present price action to predict the probability of Saputo's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saputo's price. Additionally, you may evaluate how the addition of Saputo to your portfolios can decrease your overall portfolio volatility.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Investing Opportunities Build portfolios using our predefined set of ideas and optimize them against your investing preferences | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Commodity Directory Find actively traded commodities issued by global exchanges | |
| Portfolio Anywhere Track or share privately all of your investments from the convenience of any device | |
| Stocks Directory Find actively traded stocks across global markets |
Saputo 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.