So Young International Stock Market Value
| SY Stock | USD 1.15 0.08 6.50% |
| Symbol | So Young |
Is So Young's industry 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 So Young. If investors know So Young 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 So Young listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of So Young International is measured differently than its book value, which is the value of So Young that is recorded on the company's balance sheet. Investors also form their own opinion of So Young's value that differs from its market value or its book value, called intrinsic value, which is So Young'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 So Young's market value can be influenced by many factors that don't directly affect So Young'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 So Young's value and its price as these two are different measures arrived at by different means. Investors typically determine if So Young is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, So Young'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.
So Young '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 So Young'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 So Young.
| 04/22/2024 |
| 05/22/2024 |
If you would invest 0.00 in So Young on April 22, 2024 and sell it all today you would earn a total of 0.00 from holding So Young International or generate 0.0% return on investment in So Young over 30 days. So Young is related to or competes with National Research, Definitive Healthcare, HealthStream, Streamline Health, Healthcare Triangle, CareMax, and MultiPlan. So-Young International Inc. operates an online platform for medical aesthetics and consumption healthcare services focus... More
So Young 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 So Young'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 So Young International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.57 | |||
| Information Ratio | 0.0308 | |||
| Maximum Drawdown | 20.3 | |||
| Value At Risk | (5.26) | |||
| Potential Upside | 4.85 |
So Young Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for So Young's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as So Young's standard deviation. In reality, there are many statistical measures that can use So Young historical prices to predict the future So Young's volatility.| Risk Adjusted Performance | 0.0398 | |||
| Jensen Alpha | 0.1259 | |||
| Total Risk Alpha | (0.24) | |||
| Sortino Ratio | 0.0287 | |||
| Treynor Ratio | 0.2598 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of So Young'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.
So Young International Backtested Returns
We consider So Young dangerous. So Young International retains Efficiency (Sharpe Ratio) of 0.055, which indicates the firm had a 0.055% return per unit of price deviation over the last 3 months. We have found thirty technical indicators for So Young, which you can use to evaluate the volatility of the company. Please validate So Young's Risk Adjusted Performance of 0.0398, mean deviation of 2.28, and Downside Deviation of 3.57 to confirm if the risk estimate we provide is consistent with the expected return of 0.18%. So Young has a performance score of 4 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of 0.66, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, So Young's returns are expected to increase less than the market. However, during the bear market, the loss of holding So Young is expected to be smaller as well. So Young International currently owns a risk of 3.32%. Please validate So Young International semi deviation, sortino ratio, semi variance, as well as the relationship between the standard deviation and value at risk , to decide if So Young International will be following its current price history.
Auto-correlation | -0.54 |
Good reverse predictability
So Young International has good reverse predictability. Overlapping area represents the amount of predictability between So Young time series from 22nd of April 2024 to 7th of May 2024 and 7th of May 2024 to 22nd of May 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 So Young International price movement. The serial correlation of -0.54 indicates that about 54.0% of current So Young price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.54 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
So Young International lagged returns against current returns
Autocorrelation, which is So Young 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 So Young's stock expected returns. We can calculate the autocorrelation of So Young returns to help us make a trade decision. For example, suppose you find that So Young 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 |
So Young 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 So Young stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if So Young stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in So Young stock over time.
Current vs Lagged Prices |
| Timeline |
So Young Lagged Returns
When evaluating So Young's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of So Young stock have on its future price. So Young 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, So Young autocorrelation shows the relationship between So Young stock current value and its past values and can show if there is a momentum factor associated with investing in So Young International.
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.When determining whether So Young International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of So Young's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of So Young International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on So Young International Stock:Check out So Young Correlation, So Young Volatility and So Young Alpha and Beta module to complement your research on So Young. You can also try the Share Portfolio module to track or share privately all of your investments from the convenience of any device.
Complementary Tools for So Young Stock analysis
When running So Young's price analysis, check to measure So Young'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 So Young is operating at the current time. Most of So Young's value examination focuses on studying past and present price action to predict the probability of So Young's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move So Young's price. Additionally, you may evaluate how the addition of So Young to your portfolios can decrease your overall portfolio volatility.
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So Young 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.