Sintx Technologies Stock Market Value
| SINT Stock | USD 3.76 0.24 6.82% |
| Symbol | SINTX |
SINTX Technologies Price To Book Ratio
Is Health Care Equipment & Supplies 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 SINTX Technologies. If investors know SINTX 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 SINTX Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (122.83) | Revenue Per Share 16.442 | Quarterly Revenue Growth 0.691 | Return On Assets (0.40) | Return On Equity (0.76) |
The market value of SINTX Technologies is measured differently than its book value, which is the value of SINTX that is recorded on the company's balance sheet. Investors also form their own opinion of SINTX Technologies' value that differs from its market value or its book value, called intrinsic value, which is SINTX Technologies' 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 SINTX Technologies' market value can be influenced by many factors that don't directly affect SINTX Technologies' 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 SINTX Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SINTX Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SINTX 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.
SINTX 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 SINTX 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 SINTX Technologies.
| 11/24/2024 |
| 12/24/2024 |
If you would invest 0.00 in SINTX Technologies on November 24, 2024 and sell it all today you would earn a total of 0.00 from holding SINTX Technologies or generate 0.0% return on investment in SINTX Technologies over 30 days. SINTX Technologies is related to or competes with ReShape Lifesciences, Bone Biologics, Tivic Health, Nuwellis, NanoVibronix, Nexalin Technology, and Bluejay Diagnostics. Sintx Technologies, Inc., an advanced materials company, engages in the research, development, and commercialization of ... More
SINTX 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 SINTX 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 SINTX Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 7.96 | |||
| Information Ratio | 0.0569 | |||
| Maximum Drawdown | 84.59 | |||
| Value At Risk | (11.90) | |||
| Potential Upside | 15.59 |
SINTX Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SINTX Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SINTX Technologies' standard deviation. In reality, there are many statistical measures that can use SINTX Technologies historical prices to predict the future SINTX Technologies' volatility.| Risk Adjusted Performance | 0.0568 | |||
| Jensen Alpha | 0.6623 | |||
| Total Risk Alpha | 0.3274 | |||
| Sortino Ratio | 0.0786 | |||
| Treynor Ratio | (1.10) |
SINTX Technologies Backtested Returns
SINTX Technologies appears to be dangerous, given 3 months investment horizon. SINTX Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0671, which indicates the firm had a 0.0671% return per unit of standard deviation over the last 3 months. By examining SINTX Technologies' technical indicators, you can evaluate if the expected return of 0.75% is justified by implied risk. Please review SINTX Technologies' coefficient of variation of 1667.96, and Risk Adjusted Performance of 0.0568 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, SINTX Technologies holds a performance score of 5. The entity has a beta of -0.59, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SINTX Technologies are expected to decrease at a much lower rate. During the bear market, SINTX Technologies is likely to outperform the market. Please check SINTX Technologies' potential upside, as well as the relationship between the accumulation distribution and period momentum indicator , to make a quick decision on whether SINTX Technologies' existing price patterns will revert.
Auto-correlation | 0.34 |
Below average predictability
SINTX Technologies has below average predictability. Overlapping area represents the amount of predictability between SINTX Technologies time series from 24th of November 2024 to 9th of December 2024 and 9th of December 2024 to 24th 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 SINTX Technologies price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current SINTX Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.34 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 0.1 |
SINTX Technologies lagged returns against current returns
Autocorrelation, which is SINTX 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 SINTX Technologies' stock expected returns. We can calculate the autocorrelation of SINTX Technologies returns to help us make a trade decision. For example, suppose you find that SINTX 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 |
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SINTX 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 SINTX Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SINTX Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SINTX Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
SINTX Technologies Lagged Returns
When evaluating SINTX Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SINTX Technologies stock have on its future price. SINTX 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, SINTX Technologies autocorrelation shows the relationship between SINTX Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SINTX Technologies.
Regressed Prices |
| Timeline |
Thematic Opportunities
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Additional Tools for SINTX Stock Analysis
When running SINTX Technologies' price analysis, check to measure SINTX Technologies' 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 SINTX Technologies is operating at the current time. Most of SINTX Technologies' value examination focuses on studying past and present price action to predict the probability of SINTX Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SINTX Technologies' price. Additionally, you may evaluate how the addition of SINTX Technologies to your portfolios can decrease your overall portfolio volatility.