Safetek International Stock Market Value
| SFIN Stock | USD 0.0001 0.00 0.00% |
| Symbol | Safetek |
Safetek International 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 Safetek International. If investors know Safetek 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 Safetek International 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 Safetek International is measured differently than its book value, which is the value of Safetek that is recorded on the company's balance sheet. Investors also form their own opinion of Safetek International's value that differs from its market value or its book value, called intrinsic value, which is Safetek International'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 Safetek International's market value can be influenced by many factors that don't directly affect Safetek International'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 Safetek International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Safetek International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Safetek International'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.
Safetek International '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 Safetek International'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 Safetek International.
| 04/28/2025 |
| 07/27/2025 |
If you would invest 0.00 in Safetek International on April 28, 2025 and sell it all today you would earn a total of 0.00 from holding Safetek International or generate 0.0% return on investment in Safetek International over 90 days. Safetek International, Inc., through its subsidiaries, manufactures and distributes organic green cleaning products for ... More
Safetek International 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 Safetek International'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 Safetek International upside and downside potential and time the market with a certain degree of confidence.
Safetek International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Safetek International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Safetek International's standard deviation. In reality, there are many statistical measures that can use Safetek International historical prices to predict the future Safetek International's volatility.Safetek International Backtested Returns
We have found three technical indicators for Safetek International, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Safetek International are completely uncorrelated.
Auto-correlation | 1.00 |
Perfect predictability
Safetek International has perfect predictability. Overlapping area represents the amount of predictability between Safetek International time series from 28th of April 2025 to 12th of June 2025 and 12th of June 2025 to 27th of July 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 Safetek International price movement. The serial correlation of 1.0 indicates that 100.0% of current Safetek International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Safetek International lagged returns against current returns
Autocorrelation, which is Safetek International 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 Safetek International's stock expected returns. We can calculate the autocorrelation of Safetek International returns to help us make a trade decision. For example, suppose you find that Safetek International 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 |
Safetek International 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 Safetek International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Safetek International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Safetek International stock over time.
Current vs Lagged Prices |
| Timeline |
Safetek International Lagged Returns
When evaluating Safetek International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Safetek International stock have on its future price. Safetek International 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, Safetek International autocorrelation shows the relationship between Safetek International stock current value and its past values and can show if there is a momentum factor associated with investing in Safetek International.
Regressed Prices |
| Timeline |
Pair Trading with Safetek International
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Safetek International position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Safetek International will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Safetek International could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Safetek International when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Safetek International - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Safetek International to buy it.
The correlation of Safetek International is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Safetek International moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Safetek International moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Safetek International can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out Safetek International Correlation, Safetek International Volatility and Safetek International Alpha and Beta module to complement your research on Safetek International. To learn how to invest in Safetek Stock, please use our How to Invest in Safetek International guide.You can also try the Portfolio Suggestion module to get suggestions outside of your existing asset allocation including your own model portfolios.
Safetek International 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.