Sienna Senior Living Stock Market Value
| SIA Stock | CAD 12.80 0.09 0.70% |
| Symbol | Sienna |
Sienna Senior Living Price To Book Ratio
Sienna Senior '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 Sienna Senior'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 Sienna Senior.
| 02/18/2024 |
| 04/18/2024 |
If you would invest 0.00 in Sienna Senior on February 18, 2024 and sell it all today you would earn a total of 0.00 from holding Sienna Senior Living or generate 0.0% return on investment in Sienna Senior over 60 days. Sienna Senior Living Inc., through its subsidiaries, provides senior housing and long-term care services in Canada More
Sienna Senior 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 Sienna Senior'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 Sienna Senior Living upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.35 | |||
| Information Ratio | 0.0394 | |||
| Maximum Drawdown | 5.92 | |||
| Value At Risk | (2.09) | |||
| Potential Upside | 2.33 |
Sienna Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sienna Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sienna Senior's standard deviation. In reality, there are many statistical measures that can use Sienna Senior historical prices to predict the future Sienna Senior's volatility.| Risk Adjusted Performance | 0.0565 | |||
| Jensen Alpha | 0.0361 | |||
| Total Risk Alpha | 0.0021 | |||
| Sortino Ratio | 0.0388 | |||
| Treynor Ratio | 0.0721 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sienna Senior'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.
Sienna Senior Living Backtested Returns
We consider Sienna Senior very steady. Sienna Senior Living owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0901, which indicates the firm had a 0.0901% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sienna Senior Living, which you can use to evaluate the volatility of the company. Please validate Sienna Senior's Semi Deviation of 1.22, risk adjusted performance of 0.0565, and Coefficient Of Variation of 1230.31 to confirm if the risk estimate we provide is consistent with the expected return of 0.11%. Sienna Senior has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 1.36, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sienna Senior will likely underperform. Sienna Senior Living right now has a risk of 1.27%. Please validate Sienna Senior standard deviation, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to decide if Sienna Senior will be following its existing price patterns.
Auto-correlation | -0.41 |
Modest reverse predictability
Sienna Senior Living has modest reverse predictability. Overlapping area represents the amount of predictability between Sienna Senior time series from 18th of February 2024 to 19th of March 2024 and 19th of March 2024 to 18th of April 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 Sienna Senior Living price movement. The serial correlation of -0.41 indicates that just about 41.0% of current Sienna Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.41 | |
| Spearman Rank Test | -0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Sienna Senior Living lagged returns against current returns
Autocorrelation, which is Sienna Senior 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 Sienna Senior's stock expected returns. We can calculate the autocorrelation of Sienna Senior returns to help us make a trade decision. For example, suppose you find that Sienna Senior 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 |
Sienna Senior 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 Sienna Senior stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sienna Senior stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sienna Senior stock over time.
Current vs Lagged Prices |
| Timeline |
Sienna Senior Lagged Returns
When evaluating Sienna Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sienna Senior stock have on its future price. Sienna Senior 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, Sienna Senior autocorrelation shows the relationship between Sienna Senior stock current value and its past values and can show if there is a momentum factor associated with investing in Sienna Senior Living.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sienna Senior in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sienna Senior's short interest history, or implied volatility extrapolated from Sienna Senior options trading.
Currently Active Assets on Macroaxis
Check out Sienna Senior Correlation, Sienna Senior Volatility and Sienna Senior Alpha and Beta module to complement your research on Sienna Senior. Note that the Sienna Senior Living information on this page should be used as a complementary analysis to other Sienna Senior's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Volatility Analysis module to get historical volatility and risk analysis based on latest market data.
Complementary Tools for Sienna Stock analysis
When running Sienna Senior's price analysis, check to measure Sienna Senior'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 Sienna Senior is operating at the current time. Most of Sienna Senior's value examination focuses on studying past and present price action to predict the probability of Sienna Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sienna Senior's price. Additionally, you may evaluate how the addition of Sienna Senior to your portfolios can decrease your overall portfolio volatility.
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Sienna Senior technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.