Sims Metal's market value is the price at which a share of Sims Metal trades on a public exchange. It measures the collective expectations of Sims Metal Management investors about its performance. Sims Metal is trading at 12.07 as of the 4th of January 2026; that is 1.07 percent decrease since the beginning of the trading day. The stock's open price was 12.2. With this module, you can estimate the performance of a buy and hold strategy of Sims Metal Management and determine expected loss or profit from investing in Sims Metal over a given investment horizon. Check out Sims Metal Correlation, Sims Metal Volatility and Sims Metal Alpha and Beta module to complement your research on Sims Metal.
Please note, there is a significant difference between Sims Metal's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sims Metal is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sims Metal's 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.
Sims Metal '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 Sims Metal'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 Sims Metal.
0.00
01/15/2024
No Change 0.00
0.0
In 1 year 11 months and 21 days
01/04/2026
0.00
If you would invest 0.00 in Sims Metal on January 15, 2024 and sell it all today you would earn a total of 0.00 from holding Sims Metal Management or generate 0.0% return on investment in Sims Metal over 720 days. Sims Metal is related to or competes with Champion Iron, Aperam SA, Salzgitter, Salzgitter, Eramet SA, Hyperion Metals, and LANXESS Aktiengesellscha. Sims Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals in Australia, Bangladesh... More
Sims Metal 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 Sims Metal'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 Sims Metal Management upside and downside potential and time the market with a certain degree of confidence.
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sims Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sims Metal's standard deviation. In reality, there are many statistical measures that can use Sims Metal historical prices to predict the future Sims Metal's volatility.
Sims Metal appears to be somewhat reliable, given 3 months investment horizon. Sims Metal Management owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19 % return per unit of risk over the last 3 months. By inspecting Sims Metal's technical indicators, you can evaluate if the expected return of 0.54% is justified by implied risk. Please review Sims Metal's Risk Adjusted Performance of 0.1354, semi deviation of 1.76, and Coefficient Of Variation of 554.45 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sims Metal holds a performance score of 15. The entity has a beta of 0.17, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sims Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sims Metal is expected to be smaller as well. Please check Sims Metal's value at risk, as well as the relationship between the kurtosis and market facilitation index , to make a quick decision on whether Sims Metal's existing price patterns will revert.
Auto-correlation
-0.12
Insignificant reverse predictability
Sims Metal Management has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sims Metal time series from 15th of January 2024 to 9th of January 2025 and 9th of January 2025 to 4th of January 2026. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sims Metal Management price movement. The serial correlation of -0.12 indicates that less than 12.0% of current Sims Metal price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.12
Spearman Rank Test
-0.12
Residual Average
0.0
Price Variance
1.24
Sims Metal Management lagged returns against current returns
Autocorrelation, which is Sims Metal 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 Sims Metal's pink sheet expected returns. We can calculate the autocorrelation of Sims Metal returns to help us make a trade decision. For example, suppose you find that Sims Metal 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
Sims Metal 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 Sims Metal pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sims Metal pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sims Metal pink sheet over time.
Current vs Lagged Prices
Timeline
Sims Metal Lagged Returns
When evaluating Sims Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sims Metal pink sheet have on its future price. Sims Metal 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, Sims Metal autocorrelation shows the relationship between Sims Metal pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sims Metal Management.
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.
When running Sims Metal's price analysis, check to measure Sims Metal'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 Sims Metal is operating at the current time. Most of Sims Metal's value examination focuses on studying past and present price action to predict the probability of Sims Metal's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sims Metal's price. Additionally, you may evaluate how the addition of Sims Metal to your portfolios can decrease your overall portfolio volatility.