Sasken Technologies (India) Market Value

SASKEN Stock   1,407  46.45  3.20%   
Sasken Technologies' market value is the price at which a share of Sasken Technologies trades on a public exchange. It measures the collective expectations of Sasken Technologies Limited investors about its performance. Sasken Technologies is trading at 1406.55 as of the 17th of March 2025, a 3.2 percent decrease since the beginning of the trading day. The stock's open price was 1453.0.
With this module, you can estimate the performance of a buy and hold strategy of Sasken Technologies Limited and determine expected loss or profit from investing in Sasken Technologies over a given investment horizon. Check out Sasken Technologies Correlation, Sasken Technologies Volatility and Sasken Technologies Alpha and Beta module to complement your research on Sasken Technologies.
Symbol

Please note, there is a significant difference between Sasken Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if Sasken Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sasken Technologies' 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.

Sasken Technologies '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 Sasken Technologies' 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 Sasken Technologies.
0.00
12/17/2024
No Change 0.00  0.0 
In 2 months and 31 days
03/17/2025
0.00
If you would invest  0.00  in Sasken Technologies on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sasken Technologies Limited or generate 0.0% return on investment in Sasken Technologies over 90 days. Sasken Technologies is related to or competes with Shyam Metalics, Golden Tobacco, Alkali Metals, LLOYDS METALS, Apollo Sindoori, Lemon Tree, and G-Tec Jainx. Sasken Technologies is entity of India. It is traded as Stock on NSE exchange. More

Sasken Technologies 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 Sasken Technologies' 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 Sasken Technologies Limited upside and downside potential and time the market with a certain degree of confidence.

Sasken Technologies Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sasken Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sasken Technologies' standard deviation. In reality, there are many statistical measures that can use Sasken Technologies historical prices to predict the future Sasken Technologies' volatility.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sasken Technologies' 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.
Hype
Prediction
LowEstimatedHigh
1,2661,4481,451
Details
Intrinsic
Valuation
LowRealHigh
1,3511,3541,547
Details
Naive
Forecast
LowNextHigh
1,3481,3511,354
Details
Earnings
Estimates (0)
LowProjected EPSHigh
13.1313.1313.13
Details

Sasken Technologies Backtested Returns

Sasken Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.18, which indicates the firm had a -0.18 % return per unit of risk over the last 3 months. Sasken Technologies Limited exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sasken Technologies' Variance of 10.86, risk adjusted performance of (0.16), and Coefficient Of Variation of (505.80) to confirm the risk estimate we provide. The entity has a beta of 0.0935, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sasken Technologies' returns are expected to increase less than the market. However, during the bear market, the loss of holding Sasken Technologies is expected to be smaller as well. At this point, Sasken Technologies has a negative expected return of -0.59%. Please make sure to validate Sasken Technologies' accumulation distribution, as well as the relationship between the day typical price and relative strength index , to decide if Sasken Technologies performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.68  

Good predictability

Sasken Technologies Limited has good predictability. Overlapping area represents the amount of predictability between Sasken Technologies time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th 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 Sasken Technologies price movement. The serial correlation of 0.68 indicates that around 68.0% of current Sasken Technologies price fluctuation can be explain by its past prices.
Correlation Coefficient0.68
Spearman Rank Test0.6
Residual Average0.0
Price Variance25.2 K

Sasken Technologies lagged returns against current returns

Autocorrelation, which is Sasken Technologies 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 Sasken Technologies' stock expected returns. We can calculate the autocorrelation of Sasken Technologies returns to help us make a trade decision. For example, suppose you find that Sasken Technologies 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  

Sasken Technologies 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 Sasken Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sasken Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sasken Technologies stock over time.
   Current vs Lagged Prices   
       Timeline  

Sasken Technologies Lagged Returns

When evaluating Sasken Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sasken Technologies stock have on its future price. Sasken Technologies 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, Sasken Technologies autocorrelation shows the relationship between Sasken Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in Sasken Technologies Limited.
   Regressed Prices   
       Timeline  

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Other Information on Investing in Sasken Stock

Sasken Technologies financial ratios help investors to determine whether Sasken 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 Sasken with respect to the benefits of owning Sasken Technologies security.