Sidma SA (Greece) Price on May 5, 2023
SIDMA Stock | EUR 1.58 0.01 0.63% |
If you're considering investing in Sidma Stock, it is important to understand the factors that can impact its price. As of today, the current price of Sidma SA stands at 1.58, as last reported on the 11th of December 2024, with the highest price reaching 1.60 and the lowest price hitting 1.54 during the day. Sidma SA Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0267, which indicates the firm had a -0.0267% return per unit of risk over the last 3 months. Sidma SA Steel exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sidma SA's Coefficient Of Variation of (1,891), risk adjusted performance of (0.03), and Variance of 2.78 to confirm the risk estimate we provide.
Sidma Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Sidma |
Sharpe Ratio = -0.0267
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Estimated Market Risk
1.69 actual daily | 15 85% of assets are more volatile |
Expected Return
-0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.03 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sidma SA is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sidma SA by adding Sidma SA to a well-diversified portfolio.
Sidma SA Valuation on May 5, 2023
It is possible to determine the worth of Sidma SA on a given historical date. On May 5, 2023 Sidma was worth 2.28 at the beginning of the trading date compared to the closed value of 2.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sidma SA stock. Still, in general, we apply an absolute valuation method to find Sidma SA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sidma SA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sidma SA's related companies.
Open | High | Low | Close | Volume | |
2.30 | 2.30 | 2.30 | 2.30 | 5.00 | |
05/05/2023 | 2.28 | 2.31 | 2.23 | 2.31 | 6,899 |
2.33 | 2.33 | 2.27 | 2.32 | 1,416 |
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Sidma SA Trading Date Momentum on May 5, 2023
On May 08 2023 Sidma SA Steel was traded for 2.32 at the closing time. The highest price during the trading period was 2.33 and the lowest recorded bid was listed for 2.27 . The volume for the day was 1.4 K. This history from May 8, 2023 contributed to the next trading day price jump. The trading price change to the next closing price was 0.43% . The trading price change to the current price is 2.16% . |
Sidma SA Steel Fundamentals Correlations and Trends
By evaluating Sidma SA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sidma SA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sidma financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sidma SA Stock history
Sidma SA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sidma is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sidma SA Steel will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sidma SA stock prices may prove useful in developing a viable investing in Sidma SA
Steel Products engages in processing and trading of steel products in Greece and internationally. Steel Products was founded in 1931 and is headquartered in Athens, Greece. SIDMA STEEL operates under Steel Iron classification in Greece and is traded on Athens Stock Exchange. It employs 230 people.
Sidma SA Stock Technical Analysis
Sidma SA 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.
Price Boundaries
Sidma SA Period Price Range
Low | December 11, 2024
| High |
0.00 | 0.00 |
Sidma SA Steel cannot be verified against its exchange. Please verify the symbol is currently traded on Athens Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sidma SA December 11, 2024 Market Strength
Market strength indicators help investors to evaluate how Sidma SA stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sidma SA shares will generate the highest return on investment. By undertsting and applying Sidma SA stock market strength indicators, traders can identify Sidma SA Steel entry and exit signals to maximize returns
Sidma SA Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sidma SA's price direction in advance. Along with the technical and fundamental analysis of Sidma Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sidma to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.03) | |||
Jensen Alpha | (0.07) | |||
Total Risk Alpha | (0.36) | |||
Treynor Ratio | 0.3795 |
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Complementary Tools for Sidma Stock analysis
When running Sidma SA's price analysis, check to measure Sidma SA'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 Sidma SA is operating at the current time. Most of Sidma SA's value examination focuses on studying past and present price action to predict the probability of Sidma SA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sidma SA's price. Additionally, you may evaluate how the addition of Sidma SA to your portfolios can decrease your overall portfolio volatility.
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