Symrise Ag Stock Market Value
| SYIEF Stock | USD 110.65 1.11 0.99% |
| Symbol | Symrise |
Symrise AG '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 Symrise AG'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 Symrise AG.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Symrise AG on October 31, 2024 and sell it all today you would earn a total of 0.00 from holding Symrise AG or generate 0.0% return on investment in Symrise AG over 30 days. Symrise AG is related to or competes with Givaudan, Olin, International Flavors, Sika AG, Sherwin Williams, Albemarle Corp, and Eastman Chemical. Symrise AG supplies fragrances, flavorings, cosmetic active ingredients and raw materials, and functional ingredients More
Symrise AG 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 Symrise AG'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 Symrise AG upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.13) | |||
| Maximum Drawdown | 18.16 | |||
| Value At Risk | (2.28) | |||
| Potential Upside | 3.35 |
Symrise AG Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Symrise AG's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Symrise AG's standard deviation. In reality, there are many statistical measures that can use Symrise AG historical prices to predict the future Symrise AG's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | 0.4725 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Symrise AG'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.
Symrise AG Backtested Returns
Symrise AG owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Symrise AG exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Symrise AG's Risk Adjusted Performance of (0.05), coefficient of variation of (1,457), and Variance of 4.72 to confirm the risk estimate we provide. The entity has a beta of -0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Symrise AG are expected to decrease at a much lower rate. During the bear market, Symrise AG is likely to outperform the market. At this point, Symrise AG has a negative expected return of -0.26%. Please make sure to validate Symrise AG's potential upside, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Symrise AG performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.52 |
Good reverse predictability
Symrise AG has good reverse predictability. Overlapping area represents the amount of predictability between Symrise AG time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th 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 Symrise AG price movement. The serial correlation of -0.52 indicates that about 52.0% of current Symrise AG price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.52 | |
| Spearman Rank Test | -0.67 | |
| Residual Average | 0.0 | |
| Price Variance | 3.54 |
Symrise AG lagged returns against current returns
Autocorrelation, which is Symrise AG 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 Symrise AG's pink sheet expected returns. We can calculate the autocorrelation of Symrise AG returns to help us make a trade decision. For example, suppose you find that Symrise AG 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 |
Symrise AG 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 Symrise AG pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Symrise AG pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Symrise AG pink sheet over time.
Current vs Lagged Prices |
| Timeline |
Symrise AG Lagged Returns
When evaluating Symrise AG's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Symrise AG pink sheet have on its future price. Symrise AG 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, Symrise AG autocorrelation shows the relationship between Symrise AG pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Symrise AG.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Symrise Pink Sheet
Symrise AG financial ratios help investors to determine whether Symrise 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 Symrise with respect to the benefits of owning Symrise AG security.