Sysmex Stock Market Value
| SSMXF Stock | USD 20.13 0.00 0.00% |
| Symbol | Sysmex |
Sysmex '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 Sysmex'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 Sysmex.
| 12/07/2022 |
| 11/26/2024 |
If you would invest 0.00 in Sysmex on December 7, 2022 and sell it all today you would earn a total of 0.00 from holding Sysmex or generate 0.0% return on investment in Sysmex over 720 days. Sysmex is related to or competes with Intuitive Surgical, Merit Medical, Carl Zeiss, Sartorius Aktiengesellscha, West Pharmaceutical, Repligen, and Coloplast. Sysmex Corporation engages in the development, manufacture, and sale of diagnostic instruments, reagents, and related so... More
Sysmex 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 Sysmex'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 Sysmex upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | 0.0103 | |||
| Maximum Drawdown | 6.71 | |||
| Potential Upside | 0.4958 |
Sysmex Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sysmex's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sysmex's standard deviation. In reality, there are many statistical measures that can use Sysmex historical prices to predict the future Sysmex's volatility.| Risk Adjusted Performance | 0.1047 | |||
| Jensen Alpha | 0.109 | |||
| Total Risk Alpha | (0.04) | |||
| Treynor Ratio | 0.7014 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sysmex'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.
Sysmex Backtested Returns
Sysmex appears to be very steady, given 3 months investment horizon. Sysmex owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.2, which indicates the firm had a 0.2% return per unit of risk over the last 3 months. We have found seventeen technical indicators for Sysmex, which you can use to evaluate the volatility of the company. Please review Sysmex's Coefficient Of Variation of 752.98, variance of 1.14, and Risk Adjusted Performance of 0.1047 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sysmex holds a performance score of 15. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sysmex's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sysmex is expected to be smaller as well. Please check Sysmex's market risk adjusted performance, information ratio, as well as the relationship between the Information Ratio and kurtosis , to make a quick decision on whether Sysmex's existing price patterns will revert.
Auto-correlation | 0.26 |
Poor predictability
Sysmex has poor predictability. Overlapping area represents the amount of predictability between Sysmex time series from 7th of December 2022 to 2nd of December 2023 and 2nd of December 2023 to 26th 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 Sysmex price movement. The serial correlation of 0.26 indicates that nearly 26.0% of current Sysmex price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.26 | |
| Spearman Rank Test | 0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 3.18 |
Sysmex lagged returns against current returns
Autocorrelation, which is Sysmex 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 Sysmex's pink sheet expected returns. We can calculate the autocorrelation of Sysmex returns to help us make a trade decision. For example, suppose you find that Sysmex 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 |
Sysmex 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 Sysmex pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sysmex pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sysmex pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Sysmex Lagged Returns
When evaluating Sysmex's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sysmex pink sheet have on its future price. Sysmex 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, Sysmex autocorrelation shows the relationship between Sysmex pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Sysmex.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sysmex Pink Sheet
Sysmex financial ratios help investors to determine whether Sysmex 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 Sysmex with respect to the benefits of owning Sysmex security.