Sika Ag Adr Stock Price on October 22, 2024
SXYAY Stock | USD 26.05 0.21 0.81% |
If you're considering investing in Sika Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Sika AG stands at 26.05, as last reported on the 22nd of November, with the highest price reaching 26.06 and the lowest price hitting 25.85 during the day. Sika AG ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.22, which indicates the firm had a -0.22% return per unit of risk over the last 3 months. Sika AG ADR exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sika AG's Variance of 1.71, risk adjusted performance of (0.13), and Coefficient Of Variation of (579.23) to confirm the risk estimate we provide.
Sika Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Sika |
Sharpe Ratio = -0.2196
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Estimated Market Risk
1.3 actual daily | 11 89% of assets are more volatile |
Expected Return
-0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.22 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Sika AG 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 Sika AG by adding Sika AG to a well-diversified portfolio.
Related Headline
International Flavors Headline on 22nd of October 2024
Disposition of 643 shares by Teles De Mendonca Ana Paula of ... by Teles De Mendonca Ana Paula
Filed transaction by International Flavors Fragrances Officer President, Scent. Disposition to the issuer of issuer equity securities pursuant to Rule 16b-3
Sika AG Valuation on October 22, 2024
It is possible to determine the worth of Sika AG on a given historical date. On October 22, 2024 Sika was worth 28.99 at the beginning of the trading date compared to the closed value of 28.95. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sika AG pink sheet. Still, in general, we apply an absolute valuation method to find Sika AG'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 Sika AG where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sika AG's related companies.
Open | High | Low | Close | Volume | |
29.33 | 29.33 | 29.06 | 29.06 | 648.00 | |
10/22/2024 | 28.99 | 28.99 | 28.80 | 28.95 | 34,400 |
28.62 | 28.66 | 28.34 | 28.44 | 31,500 |
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Sika AG Trading Date Momentum on October 22, 2024
On October 23 2024 Sika AG ADR was traded for 28.44 at the closing time. The highest daily price throughout the period was 28.66 and the lowest price was 28.34 . The daily volume was 31.5 K. The net trading volume on 10/23/2024 added to the next day price reduction. The trading price change to closing price of the next trading day was 1.76% . The trading price change to current closing price is 3.80% . |
Sika AG ADR Fundamentals Correlations and Trends
By evaluating Sika AG'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 Sika AG's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sika financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sika AG Pink Sheet history
Sika AG 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 Sika is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sika AG ADR 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 Sika AG stock prices may prove useful in developing a viable investing in Sika AG
Sika AG, a specialty chemicals company, develops, produces, and sells systems and products for bonding, sealing, damping, reinforcing, and protecting in the building sector and automotive industry worldwide. The company was founded in 1910 and is headquartered in Baar, Switzerland. Sika Finanz operates under Specialty Chemicals classification in the United States and is traded on OTC Exchange. It employs 27415 people.
Sika AG Pink Sheet Technical Analysis
Sika AG technical pink sheet 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, pink sheet market cycles, or different charting patterns.
Price Boundaries
Sika AG Period Price Range
Low | November 22, 2024
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0.00 | 0.00 |
Sika AG ADR cannot be verified against its exchange. Please verify the symbol is currently traded on PINK 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.
Sika AG November 22, 2024 Market Strength
Market strength indicators help investors to evaluate how Sika AG pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sika AG shares will generate the highest return on investment. By undertsting and applying Sika AG pink sheet market strength indicators, traders can identify Sika AG ADR entry and exit signals to maximize returns
Sika AG Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sika AG's price direction in advance. Along with the technical and fundamental analysis of Sika Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sika 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 | (0.13) | |||
Jensen Alpha | (0.23) | |||
Total Risk Alpha | (0.41) | |||
Treynor Ratio | 2.31 |
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Additional Tools for Sika Pink Sheet Analysis
When running Sika AG's price analysis, check to measure Sika AG'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 Sika AG is operating at the current time. Most of Sika AG's value examination focuses on studying past and present price action to predict the probability of Sika AG's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sika AG's price. Additionally, you may evaluate how the addition of Sika AG to your portfolios can decrease your overall portfolio volatility.