SANOFI CONS (India) Market Value
| SANOFICONR | 4,801 105.00 2.24% |
| Symbol | SANOFI |
SANOFI CONS '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 SANOFI CONS'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 SANOFI CONS.
| 12/19/2024 |
| 03/19/2025 |
If you would invest 0.00 in SANOFI CONS on December 19, 2024 and sell it all today you would earn a total of 0.00 from holding SANOFI S HEALTHC or generate 0.0% return on investment in SANOFI CONS over 90 days. SANOFI CONS is related to or competes with Shivalik Bimetal, Clean Science, Transport, Industrial Investment, Pilani Investment, Manaksia Coated, and Tata InvestmentLimite. SANOFI CONS is entity of India. It is traded as Stock on NSE exchange. More
SANOFI CONS 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 SANOFI CONS'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 SANOFI S HEALTHC upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0539 | |||
| Maximum Drawdown | 4.1 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.45 |
SANOFI CONS Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SANOFI CONS's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SANOFI CONS's standard deviation. In reality, there are many statistical measures that can use SANOFI CONS historical prices to predict the future SANOFI CONS's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.06) | |||
| Total Risk Alpha | 0.0622 | |||
| Treynor Ratio | 0.1813 |
SANOFI S HEALTHC Backtested Returns
SANOFI S HEALTHC owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0154, which indicates the company had a -0.0154 % return per unit of standard deviation over the last 3 months. SANOFI S HEALTHC exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SANOFI CONS's Standard Deviation of 0.9721, risk adjusted performance of (0.02), and Market Risk Adjusted Performance of 0.1913 to confirm the risk estimate we provide. The firm has a beta of -0.21, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SANOFI CONS are expected to decrease at a much lower rate. During the bear market, SANOFI CONS is likely to outperform the market. At this point, SANOFI S HEALTHC has a negative expected return of -0.0155%. Please make sure to validate SANOFI CONS's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if SANOFI S HEALTHC performance from the past will be repeated at future time.
Auto-correlation | -0.5 |
Modest reverse predictability
SANOFI S HEALTHC has modest reverse predictability. Overlapping area represents the amount of predictability between SANOFI CONS time series from 19th of December 2024 to 2nd of February 2025 and 2nd of February 2025 to 19th of March 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SANOFI S HEALTHC price movement. The serial correlation of -0.5 indicates that about 50.0% of current SANOFI CONS price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.5 | |
| Spearman Rank Test | -0.09 | |
| Residual Average | 0.0 | |
| Price Variance | 7437.16 |
SANOFI S HEALTHC lagged returns against current returns
Autocorrelation, which is SANOFI CONS 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 SANOFI CONS's stock expected returns. We can calculate the autocorrelation of SANOFI CONS returns to help us make a trade decision. For example, suppose you find that SANOFI CONS 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 |
SANOFI CONS 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 SANOFI CONS stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SANOFI CONS stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SANOFI CONS stock over time.
Current vs Lagged Prices |
| Timeline |
SANOFI CONS Lagged Returns
When evaluating SANOFI CONS's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SANOFI CONS stock have on its future price. SANOFI CONS 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, SANOFI CONS autocorrelation shows the relationship between SANOFI CONS stock current value and its past values and can show if there is a momentum factor associated with investing in SANOFI S HEALTHC.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Other Information on Investing in SANOFI Stock
SANOFI CONS financial ratios help investors to determine whether SANOFI Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SANOFI with respect to the benefits of owning SANOFI CONS security.