Sidus Space Stock Market Value
| SIDU Stock | USD 1.97 0.22 12.57% |
| Symbol | Sidus |
Sidus Space Price To Book Ratio
Is Industrial Machinery & Supplies & Components 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 Sidus Space. If investors know Sidus 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 Sidus Space listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (5.07) | Revenue Per Share | Quarterly Revenue Growth 0.896 | Return On Assets | Return On Equity |
The market value of Sidus Space is measured differently than its book value, which is the value of Sidus that is recorded on the company's balance sheet. Investors also form their own opinion of Sidus Space's value that differs from its market value or its book value, called intrinsic value, which is Sidus Space'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 Sidus Space's market value can be influenced by many factors that don't directly affect Sidus Space'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 Sidus Space's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sidus Space is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sidus Space'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.
Sidus Space '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 Sidus Space'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 Sidus Space.
| 12/15/2024 |
| 03/15/2025 |
If you would invest 0.00 in Sidus Space on December 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sidus Space or generate 0.0% return on investment in Sidus Space over 90 days. Sidus Space is related to or competes with Intelligent Living, Quoin Pharmaceuticals, and Virax Biolabs. Sidus Space, Inc., a space-as-a-service company, engages in the design, manufacture, launch, and data collection of comm... More
Sidus Space 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 Sidus Space'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 Sidus Space upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 9.79 | |||
| Information Ratio | 0.092 | |||
| Maximum Drawdown | 258.03 | |||
| Value At Risk | (13.64) | |||
| Potential Upside | 14.65 |
Sidus Space Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sidus Space's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sidus Space's standard deviation. In reality, there are many statistical measures that can use Sidus Space historical prices to predict the future Sidus Space's volatility.| Risk Adjusted Performance | 0.0868 | |||
| Jensen Alpha | 2.41 | |||
| Total Risk Alpha | 6.13 | |||
| Sortino Ratio | 0.2698 | |||
| Treynor Ratio | (2.26) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sidus Space'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.
Sidus Space Backtested Returns
Sidus Space owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0962, which indicates the firm had a -0.0962 % return per unit of risk over the last 3 months. Sidus Space exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sidus Space's Coefficient Of Variation of 1128.84, risk adjusted performance of 0.0868, and Semi Deviation of 8.52 to confirm the risk estimate we provide. The entity has a beta of -1.12, which indicates a somewhat significant risk relative to the market. As the market becomes more bullish, returns on owning Sidus Space are expected to decrease slowly. On the other hand, during market turmoil, Sidus Space is expected to outperform it slightly. At this point, Sidus Space has a negative expected return of -0.9%. Please make sure to validate Sidus Space's potential upside, and the relationship between the total risk alpha and kurtosis , to decide if Sidus Space performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.62 |
Good predictability
Sidus Space has good predictability. Overlapping area represents the amount of predictability between Sidus Space time series from 15th of December 2024 to 29th of January 2025 and 29th of January 2025 to 15th 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 Sidus Space price movement. The serial correlation of 0.62 indicates that roughly 62.0% of current Sidus Space price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.62 | |
| Spearman Rank Test | 0.49 | |
| Residual Average | 0.0 | |
| Price Variance | 0.12 |
Sidus Space lagged returns against current returns
Autocorrelation, which is Sidus Space 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 Sidus Space's stock expected returns. We can calculate the autocorrelation of Sidus Space returns to help us make a trade decision. For example, suppose you find that Sidus Space 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 |
Sidus Space 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 Sidus Space stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sidus Space stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sidus Space stock over time.
Current vs Lagged Prices |
| Timeline |
Sidus Space Lagged Returns
When evaluating Sidus Space's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sidus Space stock have on its future price. Sidus Space 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, Sidus Space autocorrelation shows the relationship between Sidus Space stock current value and its past values and can show if there is a momentum factor associated with investing in Sidus Space.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for Sidus Stock Analysis
When running Sidus Space's price analysis, check to measure Sidus Space'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 Sidus Space is operating at the current time. Most of Sidus Space's value examination focuses on studying past and present price action to predict the probability of Sidus Space's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sidus Space's price. Additionally, you may evaluate how the addition of Sidus Space to your portfolios can decrease your overall portfolio volatility.