Saratoga Investment Corp Stock Market Value
| SAR Stock | USD 24.26 0.19 0.79% |
| Symbol | Saratoga |
Saratoga Investment Corp Price To Book Ratio
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Saratoga Investment. If investors know Saratoga will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Saratoga Investment listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.494 | Dividend Share 2.93 | Earnings Share 1.52 | Revenue Per Share 11.485 | Quarterly Revenue Growth 0.211 |
The market value of Saratoga Investment Corp is measured differently than its book value, which is the value of Saratoga that is recorded on the company's balance sheet. Investors also form their own opinion of Saratoga Investment's value that differs from its market value or its book value, called intrinsic value, which is Saratoga Investment's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Saratoga Investment's market value can be influenced by many factors that don't directly affect Saratoga Investment's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Saratoga Investment's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saratoga Investment is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saratoga Investment's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.
Saratoga Investment '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 Saratoga Investment'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 Saratoga Investment.
| 11/11/2024 |
| 12/11/2024 |
If you would invest 0.00 in Saratoga Investment on November 11, 2024 and sell it all today you would earn a total of 0.00 from holding Saratoga Investment Corp or generate 0.0% return on investment in Saratoga Investment over 30 days. Saratoga Investment is related to or competes with New Mountain, BlackRock TCP, Carlyle Secured, Sixth Street, WhiteHorse Finance, Horizon Technology, and Gladstone Capital. Saratoga Investment Corp. is a business development company specializing in leveraged and management buyouts, acquisitio... More
Saratoga Investment 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 Saratoga Investment'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 Saratoga Investment Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.16 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 9.02 | |||
| Value At Risk | (1.48) | |||
| Potential Upside | 1.9 |
Saratoga Investment Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Saratoga Investment's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saratoga Investment's standard deviation. In reality, there are many statistical measures that can use Saratoga Investment historical prices to predict the future Saratoga Investment's volatility.| Risk Adjusted Performance | 0.065 | |||
| Jensen Alpha | 0.0286 | |||
| Total Risk Alpha | (0.10) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | 0.1654 |
Saratoga Investment Corp Backtested Returns
Currently, Saratoga Investment Corp is very steady. Saratoga Investment Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.11, which indicates the firm had a 0.11% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Saratoga Investment Corp, which you can use to evaluate the volatility of the company. Please validate Saratoga Investment's Risk Adjusted Performance of 0.065, semi deviation of 1.02, and Coefficient Of Variation of 1184.7 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Saratoga Investment has a performance score of 8 on a scale of 0 to 100. The entity has a beta of 0.56, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Saratoga Investment's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saratoga Investment is expected to be smaller as well. Saratoga Investment Corp right now has a risk of 1.23%. Please validate Saratoga Investment potential upside, as well as the relationship between the kurtosis and day typical price , to decide if Saratoga Investment will be following its existing price patterns.
Auto-correlation | -0.78 |
Almost perfect reverse predictability
Saratoga Investment Corp has almost perfect reverse predictability. Overlapping area represents the amount of predictability between Saratoga Investment time series from 11th of November 2024 to 26th of November 2024 and 26th of November 2024 to 11th of December 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 Saratoga Investment Corp price movement. The serial correlation of -0.78 indicates that around 78.0% of current Saratoga Investment price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.78 | |
| Spearman Rank Test | -0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 0.16 |
Saratoga Investment Corp lagged returns against current returns
Autocorrelation, which is Saratoga Investment 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 Saratoga Investment's stock expected returns. We can calculate the autocorrelation of Saratoga Investment returns to help us make a trade decision. For example, suppose you find that Saratoga Investment 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 |
Saratoga Investment 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 Saratoga Investment stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saratoga Investment stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saratoga Investment stock over time.
Current vs Lagged Prices |
| Timeline |
Saratoga Investment Lagged Returns
When evaluating Saratoga Investment's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saratoga Investment stock have on its future price. Saratoga Investment 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, Saratoga Investment autocorrelation shows the relationship between Saratoga Investment stock current value and its past values and can show if there is a momentum factor associated with investing in Saratoga Investment Corp.
Regressed Prices |
| Timeline |
Pair Trading with Saratoga Investment
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Saratoga Investment position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Saratoga Investment will appreciate offsetting losses from the drop in the long position's value.Moving together with Saratoga Stock
| 0.84 | V | Visa Class A | PairCorr |
| 0.86 | MA | Mastercard | PairCorr |
| 0.88 | MS | Morgan Stanley Fiscal Year End 21st of January 2025 | PairCorr |
Moving against Saratoga Stock
The ability to find closely correlated positions to Saratoga Investment could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Saratoga Investment when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Saratoga Investment - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Saratoga Investment Corp to buy it.
The correlation of Saratoga Investment is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Saratoga Investment moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Saratoga Investment Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Saratoga Investment can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Saratoga Stock Analysis
When running Saratoga Investment's price analysis, check to measure Saratoga Investment'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 Saratoga Investment is operating at the current time. Most of Saratoga Investment's value examination focuses on studying past and present price action to predict the probability of Saratoga Investment's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saratoga Investment's price. Additionally, you may evaluate how the addition of Saratoga Investment to your portfolios can decrease your overall portfolio volatility.