SANOFI S (India) Market Value
| SANOFICONR | 4,776 23.00 0.48% |
| Symbol | SANOFI |
SANOFI S '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 S'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 S.
| 12/20/2024 |
| 03/20/2025 |
If you would invest 0.00 in SANOFI S on December 20, 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 S over 90 days. SANOFI S is related to or competes with Kingfa Science, Rico Auto, GACM Technologies, COSMO FIRST, Delta Manufacturing, and Tribhovandas Bhimji. SANOFI S is entity of India. It is traded as Stock on NSE exchange. More
SANOFI S 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 S'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 | 0.0369 | |||
| Maximum Drawdown | 5.97 | |||
| Value At Risk | (1.73) | |||
| Potential Upside | 1.45 |
SANOFI S Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SANOFI S's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SANOFI S's standard deviation. In reality, there are many statistical measures that can use SANOFI S historical prices to predict the future SANOFI S's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.05) | |||
| Total Risk Alpha | 0.0444 | |||
| Treynor Ratio | 0.1802 |
SANOFI S HEALTHC Backtested Returns
At this point, SANOFI S is very steady. SANOFI S HEALTHC owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the company had a close to zero % return per unit of standard deviation over the last 3 months. We have found twenty-four technical indicators for SANOFI S HEALTHC, which you can use to evaluate the volatility of the entity. Please validate SANOFI S's Market Risk Adjusted Performance of 0.1902, standard deviation of 0.9834, and Risk Adjusted Performance of (0.02) to confirm if the risk estimate we provide is consistent with the expected return of 0.0013%. 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 S are expected to decrease at a much lower rate. During the bear market, SANOFI S is likely to outperform the market. SANOFI S HEALTHC currently has a risk of 0.99%. Please validate SANOFI S skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if SANOFI S will be following its existing price patterns.
Auto-correlation | -0.54 |
Good reverse predictability
SANOFI S HEALTHC has good reverse predictability. Overlapping area represents the amount of predictability between SANOFI S time series from 20th of December 2024 to 3rd of February 2025 and 3rd of February 2025 to 20th 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 -0.54 indicates that about 54.0% of current SANOFI S price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.17 | |
| Residual Average | 0.0 | |
| Price Variance | 7437.16 |
SANOFI S HEALTHC lagged returns against current returns
Autocorrelation, which is SANOFI S 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 S's stock expected returns. We can calculate the autocorrelation of SANOFI S returns to help us make a trade decision. For example, suppose you find that SANOFI S 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 S 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 S stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SANOFI S stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SANOFI S stock over time.
Current vs Lagged Prices |
| Timeline |
SANOFI S Lagged Returns
When evaluating SANOFI S's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SANOFI S stock have on its future price. SANOFI S 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 S autocorrelation shows the relationship between SANOFI S 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 S 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 S security.