Sia Engineering Stock Market Value
| SEGSY Stock | USD 17.44 0.00 0.00% |
| Symbol | SIA |
SIA Engineering '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 SIA Engineering'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 SIA Engineering.
| 12/08/2022 |
| 11/27/2024 |
If you would invest 0.00 in SIA Engineering on December 8, 2022 and sell it all today you would earn a total of 0.00 from holding SIA Engineering or generate 0.0% return on investment in SIA Engineering over 720 days. SIA Engineering is related to or competes with Aeroports, Corporacion America, Grupo Aeroportuario, Grupo Aeroportuario, and Grupo Aeroportuario. SIA Engineering Company Limited, together with its subsidiaries, provides maintenance, repair, and overhaul services for... More
SIA Engineering 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 SIA Engineering'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 SIA Engineering upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (1.08) | |||
| Maximum Drawdown | 0.8676 |
SIA Engineering Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIA Engineering's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIA Engineering's standard deviation. In reality, there are many statistical measures that can use SIA Engineering historical prices to predict the future SIA Engineering's volatility.| Risk Adjusted Performance | 0.0325 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.01) | |||
| Treynor Ratio | (0.53) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SIA Engineering's 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.
SIA Engineering Backtested Returns
At this stage we consider SIA Pink Sheet to be very steady. SIA Engineering retains Efficiency (Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. We have found sixteen technical indicators for SIA Engineering, which you can use to evaluate the volatility of the company. Please validate SIA Engineering's standard deviation of 0.1068, and Risk Adjusted Performance of 0.0325 to confirm if the risk estimate we provide is consistent with the expected return of 0.0138%. SIA Engineering has a performance score of 9 on a scale of 0 to 100. The entity owns a Beta (Systematic Risk) of -0.0059, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning SIA Engineering are expected to decrease at a much lower rate. During the bear market, SIA Engineering is likely to outperform the market. SIA Engineering now owns a risk of 0.11%. Please validate SIA Engineering mean deviation and maximum drawdown , to decide if SIA Engineering will be following its current price history.
Auto-correlation | 0.94 |
Excellent predictability
SIA Engineering has excellent predictability. Overlapping area represents the amount of predictability between SIA Engineering time series from 8th of December 2022 to 3rd of December 2023 and 3rd of December 2023 to 27th 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 SIA Engineering price movement. The serial correlation of 0.94 indicates that approximately 94.0% of current SIA Engineering price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.94 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.05 |
SIA Engineering lagged returns against current returns
Autocorrelation, which is SIA Engineering 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 SIA Engineering's pink sheet expected returns. We can calculate the autocorrelation of SIA Engineering returns to help us make a trade decision. For example, suppose you find that SIA Engineering 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 |
SIA Engineering 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 SIA Engineering pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIA Engineering pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIA Engineering pink sheet over time.
Current vs Lagged Prices |
| Timeline |
SIA Engineering Lagged Returns
When evaluating SIA Engineering's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIA Engineering pink sheet have on its future price. SIA Engineering 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, SIA Engineering autocorrelation shows the relationship between SIA Engineering pink sheet current value and its past values and can show if there is a momentum factor associated with investing in SIA Engineering.
Regressed Prices |
| Timeline |
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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.Additional Tools for SIA Pink Sheet Analysis
When running SIA Engineering's price analysis, check to measure SIA Engineering'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 SIA Engineering is operating at the current time. Most of SIA Engineering's value examination focuses on studying past and present price action to predict the probability of SIA Engineering's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIA Engineering's price. Additionally, you may evaluate how the addition of SIA Engineering to your portfolios can decrease your overall portfolio volatility.