60 Degrees Pharmaceuticals, Stock Market Value
| SXTP Stock | 1.39 0.07 5.30% |
| Symbol | SXTP |
60 Degrees Pharmaceu 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 60 Degrees. If investors know SXTP 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 60 Degrees listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (21.94) | Revenue Per Share | Quarterly Revenue Growth 0.894 | Return On Assets | Return On Equity |
The market value of 60 Degrees Pharmaceu is measured differently than its book value, which is the value of SXTP that is recorded on the company's balance sheet. Investors also form their own opinion of 60 Degrees' value that differs from its market value or its book value, called intrinsic value, which is 60 Degrees' 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 60 Degrees' market value can be influenced by many factors that don't directly affect 60 Degrees' 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 60 Degrees' value and its price as these two are different measures arrived at by different means. Investors typically determine if 60 Degrees is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 60 Degrees' 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.
60 Degrees '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 60 Degrees' 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 60 Degrees.
| 05/12/2025 |
| 08/10/2025 |
If you would invest 0.00 in 60 Degrees on May 12, 2025 and sell it all today you would earn a total of 0.00 from holding 60 Degrees Pharmaceuticals, or generate 0.0% return on investment in 60 Degrees over 90 days. 60 Degrees is related to or competes with Zoom Video, XWELL, Canlan Ice, Cardinal Health, Inhibrx Biosciences,, and Apogee Therapeutics,. 60 Degrees is entity of United States. It is traded as Stock on NASDAQ exchange. More
60 Degrees 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 60 Degrees' 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 60 Degrees Pharmaceuticals, upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 36.77 | |||
| Value At Risk | (11.06) | |||
| Potential Upside | 9.33 |
60 Degrees Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for 60 Degrees' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as 60 Degrees' standard deviation. In reality, there are many statistical measures that can use 60 Degrees historical prices to predict the future 60 Degrees' volatility.| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.90) | |||
| Total Risk Alpha | (1.58) | |||
| Treynor Ratio | (0.29) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of 60 Degrees' 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.
60 Degrees Pharmaceu Backtested Returns
60 Degrees Pharmaceu retains Efficiency (Sharpe Ratio) of -0.1, which signifies that the company had a -0.1 % return per unit of price deviation over the last 3 months. 60 Degrees exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please confirm 60 Degrees' Market Risk Adjusted Performance of (0.28), variance of 41.5, and Information Ratio of (0.12) to double-check the risk estimate we provide. The firm owns a Beta (Systematic Risk) of 2.22, which signifies 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, 60 Degrees will likely underperform. At this point, 60 Degrees Pharmaceu has a negative expected return of -0.67%. Please make sure to confirm 60 Degrees' total risk alpha, as well as the relationship between the kurtosis and market facilitation index , to decide if 60 Degrees Pharmaceu performance from the past will be repeated sooner or later.
Auto-correlation | -0.33 |
Poor reverse predictability
60 Degrees Pharmaceuticals, has poor reverse predictability. Overlapping area represents the amount of predictability between 60 Degrees time series from 12th of May 2025 to 26th of June 2025 and 26th of June 2025 to 10th of August 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 60 Degrees Pharmaceu price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current 60 Degrees price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | 0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.24 |
60 Degrees Pharmaceu lagged returns against current returns
Autocorrelation, which is 60 Degrees 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 60 Degrees' stock expected returns. We can calculate the autocorrelation of 60 Degrees returns to help us make a trade decision. For example, suppose you find that 60 Degrees 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 |
60 Degrees 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 60 Degrees stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if 60 Degrees stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in 60 Degrees stock over time.
Current vs Lagged Prices |
| Timeline |
60 Degrees Lagged Returns
When evaluating 60 Degrees' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of 60 Degrees stock have on its future price. 60 Degrees 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, 60 Degrees autocorrelation shows the relationship between 60 Degrees stock current value and its past values and can show if there is a momentum factor associated with investing in 60 Degrees Pharmaceuticals,.
Regressed Prices |
| Timeline |
Pair Trading with 60 Degrees
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 60 Degrees 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 60 Degrees will appreciate offsetting losses from the drop in the long position's value.Moving against SXTP Stock
| 0.8 | JNJ | Johnson Johnson | PairCorr |
| 0.76 | INBX | Inhibrx Biosciences, | PairCorr |
| 0.71 | XWEL | XWELL Inc | PairCorr |
| 0.7 | VALN | Valneva SE ADR Earnings Call This Week | PairCorr |
| 0.64 | ESPR | Esperion Therapeutics | PairCorr |
The ability to find closely correlated positions to 60 Degrees could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace 60 Degrees 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 60 Degrees - 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 60 Degrees Pharmaceuticals, to buy it.
The correlation of 60 Degrees 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 60 Degrees moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if 60 Degrees Pharmaceu 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 60 Degrees 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.Additional Tools for SXTP Stock Analysis
When running 60 Degrees' price analysis, check to measure 60 Degrees' 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 60 Degrees is operating at the current time. Most of 60 Degrees' value examination focuses on studying past and present price action to predict the probability of 60 Degrees' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move 60 Degrees' price. Additionally, you may evaluate how the addition of 60 Degrees to your portfolios can decrease your overall portfolio volatility.