Siga Technologies Stock Market Value
| SIGA Stock | USD 6.48 0.21 3.35% |
| Symbol | SIGA |
SIGA Technologies Price To Book Ratio
Is Pharmaceuticals 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 SIGA Technologies. If investors know SIGA 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 SIGA Technologies listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 2.721 | Earnings Share 1.17 | Revenue Per Share 2.441 | Quarterly Revenue Growth 0.084 | Return On Assets 0.3695 |
The market value of SIGA Technologies is measured differently than its book value, which is the value of SIGA that is recorded on the company's balance sheet. Investors also form their own opinion of SIGA Technologies' value that differs from its market value or its book value, called intrinsic value, which is SIGA 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 SIGA Technologies' market value can be influenced by many factors that don't directly affect SIGA 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 SIGA Technologies' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIGA Technologies is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIGA 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.
SIGA 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 SIGA 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 SIGA Technologies.
| 08/27/2024 |
| 11/25/2024 |
If you would invest 0.00 in SIGA Technologies on August 27, 2024 and sell it all today you would earn a total of 0.00 from holding SIGA Technologies or generate 0.0% return on investment in SIGA Technologies over 90 days. SIGA Technologies is related to or competes with Elanco Animal, Esperion Therapeutics, Catalent, China Pharma, China SXT, Petros Pharmaceuticals, and Shuttle Pharmaceuticals. SIGA Technologies, Inc., a commercial-stage pharmaceutical company, focuses on the health security and infectious diseas... More
SIGA 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 SIGA 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 SIGA Technologies upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.16) | |||
| Maximum Drawdown | 22.76 | |||
| Value At Risk | (6.37) | |||
| Potential Upside | 4.09 |
SIGA Technologies Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIGA Technologies' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIGA Technologies' standard deviation. In reality, there are many statistical measures that can use SIGA Technologies historical prices to predict the future SIGA Technologies' volatility.| Risk Adjusted Performance | (0.09) | |||
| Jensen Alpha | (0.81) | |||
| Total Risk Alpha | (1.09) | |||
| Treynor Ratio | (0.18) |
SIGA Technologies Backtested Returns
SIGA Technologies owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.13, which indicates the firm had a -0.13% return per unit of volatility over the last 3 months. SIGA Technologies exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIGA Technologies' risk adjusted performance of (0.09), and Variance of 14.86 to confirm the risk estimate we provide. The entity has a beta of 2.68, 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, SIGA Technologies will likely underperform. At this point, SIGA Technologies has a negative expected return of -0.49%. Please make sure to validate SIGA Technologies' treynor ratio, accumulation distribution, price action indicator, as well as the relationship between the potential upside and day median price , to decide if SIGA Technologies performance from the past will be repeated at future time.
Auto-correlation | 0.36 |
Below average predictability
SIGA Technologies has below average predictability. Overlapping area represents the amount of predictability between SIGA Technologies time series from 27th of August 2024 to 11th of October 2024 and 11th of October 2024 to 25th of November 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 SIGA Technologies price movement. The serial correlation of 0.36 indicates that just about 36.0% of current SIGA Technologies price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.36 | |
| Spearman Rank Test | 0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
SIGA Technologies lagged returns against current returns
Autocorrelation, which is SIGA 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 SIGA Technologies' stock expected returns. We can calculate the autocorrelation of SIGA Technologies returns to help us make a trade decision. For example, suppose you find that SIGA 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 |
| Timeline |
SIGA 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 SIGA Technologies stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIGA Technologies stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIGA Technologies stock over time.
Current vs Lagged Prices |
| Timeline |
SIGA Technologies Lagged Returns
When evaluating SIGA Technologies' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIGA Technologies stock have on its future price. SIGA 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, SIGA Technologies autocorrelation shows the relationship between SIGA Technologies stock current value and its past values and can show if there is a momentum factor associated with investing in SIGA Technologies.
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 SIGA Technologies offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SIGA Technologies' 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 Siga Technologies Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Siga Technologies Stock:Check out SIGA Technologies Correlation, SIGA Technologies Volatility and SIGA Technologies Alpha and Beta module to complement your research on SIGA Technologies. For information on how to trade SIGA Stock refer to our How to Trade SIGA Stock guide.You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
SIGA Technologies 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.