Sig Combibloc Group Stock Market Value
| SCBGF Stock | USD 20.93 0.57 2.80% |
| Symbol | SIG |
SIG Combibloc '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 SIG Combibloc's pink sheet 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 SIG Combibloc.
| 01/01/2025 |
| 01/31/2025 |
If you would invest 0.00 in SIG Combibloc on January 1, 2025 and sell it all today you would earn a total of 0.00 from holding SIG Combibloc Group or generate 0.0% return on investment in SIG Combibloc over 30 days. SIG Combibloc is related to or competes with Covestro, Acciona SA, Topaz Energy, and Evonik Industries. SIG Group AG provides aseptic carton packaging systems and solutions for beverage and liquid food products More
SIG Combibloc 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 SIG Combibloc's pink sheet 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 SIG Combibloc Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 11.47 | |||
| Value At Risk | (1.60) | |||
| Potential Upside | 2.8 |
SIG Combibloc Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIG Combibloc's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIG Combibloc's standard deviation. In reality, there are many statistical measures that can use SIG Combibloc historical prices to predict the future SIG Combibloc's volatility.| Risk Adjusted Performance | 8.0E-4 | |||
| Jensen Alpha | (0.03) | |||
| Total Risk Alpha | (0.19) | |||
| Treynor Ratio | (0.13) |
SIG Combibloc Group Backtested Returns
SIG Combibloc Group owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0619, which indicates the firm had a -0.0619 % return per unit of volatility over the last 3 months. SIG Combibloc Group exposes twenty-one different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIG Combibloc's risk adjusted performance of 8.0E-4, and Variance of 2.43 to confirm the risk estimate we provide. The entity has a beta of 0.13, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SIG Combibloc's returns are expected to increase less than the market. However, during the bear market, the loss of holding SIG Combibloc is expected to be smaller as well. At this point, SIG Combibloc Group has a negative expected return of -0.0964%. Please make sure to validate SIG Combibloc's potential upside, and the relationship between the jensen alpha and daily balance of power , to decide if SIG Combibloc Group performance from the past will be repeated at future time.
Auto-correlation | 1.00 |
Perfect predictability
SIG Combibloc Group has perfect predictability. Overlapping area represents the amount of predictability between SIG Combibloc time series from 1st of January 2025 to 16th of January 2025 and 16th of January 2025 to 31st of January 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 SIG Combibloc Group price movement. The serial correlation of 1.0 indicates that 100.0% of current SIG Combibloc price fluctuation can be explain by its past prices.
| Correlation Coefficient | 1.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
SIG Combibloc Group lagged returns against current returns
Autocorrelation, which is SIG Combibloc pink sheet'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 SIG Combibloc's pink sheet expected returns. We can calculate the autocorrelation of SIG Combibloc returns to help us make a trade decision. For example, suppose you find that SIG Combibloc has exhibited high autocorrelation historically, and you observe that the pink sheet 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 |
SIG Combibloc 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 SIG Combibloc pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIG Combibloc pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIG Combibloc pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SIG Combibloc Lagged Returns
When evaluating SIG Combibloc's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIG Combibloc pink sheet have on its future price. SIG Combibloc 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, SIG Combibloc autocorrelation shows the relationship between SIG Combibloc pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SIG Combibloc Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in SIG Pink Sheet
SIG Combibloc financial ratios help investors to determine whether SIG Pink Sheet is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SIG with respect to the benefits of owning SIG Combibloc security.