Symrise Ag Pk Stock Market Value
| SYIEY Stock | USD 27.59 0.42 1.55% |
| 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.
| 10/23/2024 |
| 11/22/2024 |
If you would invest 0.00 in Symrise Ag on October 23, 2024 and sell it all today you would earn a total of 0.00 from holding Symrise Ag PK or generate 0.0% return on investment in Symrise Ag over 30 days. Symrise Ag is related to or competes with Sherwin Williams, Air Liquide, Air Products, Ecolab, Dupont De, and PPG Industries. 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 PK upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.24) | |||
| Maximum Drawdown | 6.64 | |||
| Value At Risk | (2.22) | |||
| Potential Upside | 1.42 |
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 | (0.11) | |||
| Jensen Alpha | (0.21) | |||
| Total Risk Alpha | (0.32) | |||
| Treynor Ratio | (0.98) |
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 PK Backtested Returns
Symrise Ag PK 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. Symrise Ag PK exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Symrise Ag's Risk Adjusted Performance of (0.11), coefficient of variation of (637.35), and Variance of 1.32 to confirm the risk estimate we provide. The entity has a beta of 0.19, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Symrise Ag's returns are expected to increase less than the market. However, during the bear market, the loss of holding Symrise Ag is expected to be smaller as well. At this point, Symrise Ag PK has a negative expected return of -0.22%. Please make sure to validate Symrise Ag's total risk alpha, kurtosis, as well as the relationship between the Kurtosis and market facilitation index , to decide if Symrise Ag PK performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.46 |
Average predictability
Symrise Ag PK has average predictability. Overlapping area represents the amount of predictability between Symrise Ag time series from 23rd of October 2024 to 7th of November 2024 and 7th of November 2024 to 22nd 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 PK price movement. The serial correlation of 0.46 indicates that about 46.0% of current Symrise Ag price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.46 | |
| Spearman Rank Test | 0.36 | |
| Residual Average | 0.0 | |
| Price Variance | 0.37 |
Symrise Ag PK 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 PK.
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 Symrise Pink Sheet Analysis
When running Symrise Ag's price analysis, check to measure Symrise Ag'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 Symrise Ag is operating at the current time. Most of Symrise Ag's value examination focuses on studying past and present price action to predict the probability of Symrise Ag's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Symrise Ag's price. Additionally, you may evaluate how the addition of Symrise Ag to your portfolios can decrease your overall portfolio volatility.