Saipem SpA's market value is the price at which a share of Saipem SpA trades on a public exchange. It measures the collective expectations of Saipem SpA investors about its performance. Saipem SpA is trading at 2.33 as of the 30th of April 2025. This is a 8.88% up since the beginning of the trading day. The stock's lowest day price was 2.33. With this module, you can estimate the performance of a buy and hold strategy of Saipem SpA and determine expected loss or profit from investing in Saipem SpA over a given investment horizon. Check out Saipem SpA Correlation, Saipem SpA Volatility and Saipem SpA Alpha and Beta module to complement your research on Saipem SpA.
Please note, there is a significant difference between Saipem SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saipem SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saipem SpA'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.
Saipem SpA '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 Saipem SpA'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 Saipem SpA.
0.00
05/05/2024
No Change 0.00
0.0
In 11 months and 27 days
04/30/2025
0.00
If you would invest 0.00 in Saipem SpA on May 5, 2024 and sell it all today you would earn a total of 0.00 from holding Saipem SpA or generate 0.0% return on investment in Saipem SpA over 360 days. Saipem SpA is related to or competes with TechnipFMC PLC, Bri Chem, Pulse Seismic, Worley Parsons, Oil States, Helix Energy, and Ranger Energy. Saipem SpA provides energy and infrastructure solutions worldwide More
Saipem SpA 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 Saipem SpA'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 Saipem SpA 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 Saipem SpA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Saipem SpA's standard deviation. In reality, there are many statistical measures that can use Saipem SpA historical prices to predict the future Saipem SpA's volatility.
Saipem SpA owns Efficiency Ratio (i.e., Sharpe Ratio) of close to zero, which indicates the firm had a close to zero % return per unit of risk over the last 3 months. Saipem SpA exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Saipem SpA's Coefficient Of Variation of (2,605), variance of 12.87, and Risk Adjusted Performance of (0.06) to confirm the risk estimate we provide. The entity has a beta of 0.37, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Saipem SpA's returns are expected to increase less than the market. However, during the bear market, the loss of holding Saipem SpA is expected to be smaller as well. At this point, Saipem SpA has a negative expected return of -0.0314%. Please make sure to validate Saipem SpA's maximum drawdown, as well as the relationship between the daily balance of power and price action indicator , to decide if Saipem SpA performance from the past will be repeated at some point in the near future.
Auto-correlation
-0.35
Poor reverse predictability
Saipem SpA has poor reverse predictability. Overlapping area represents the amount of predictability between Saipem SpA time series from 5th of May 2024 to 1st of November 2024 and 1st of November 2024 to 30th of April 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Saipem SpA price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Saipem SpA price fluctuation can be explain by its past prices.
Correlation Coefficient
-0.35
Spearman Rank Test
-0.44
Residual Average
0.0
Price Variance
0.01
Saipem SpA lagged returns against current returns
Autocorrelation, which is Saipem SpA 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 Saipem SpA's pink sheet expected returns. We can calculate the autocorrelation of Saipem SpA returns to help us make a trade decision. For example, suppose you find that Saipem SpA 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
Saipem SpA 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 Saipem SpA pink sheet is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Saipem SpA pink sheet is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Saipem SpA pink sheet over time.
Current vs Lagged Prices
Timeline
Saipem SpA Lagged Returns
When evaluating Saipem SpA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Saipem SpA pink sheet have on its future price. Saipem SpA 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, Saipem SpA autocorrelation shows the relationship between Saipem SpA pink sheet current value and its past values and can show if there is a momentum factor associated with investing in Saipem SpA.
Other Information on Investing in Saipem Pink Sheet
Saipem SpA financial ratios help investors to determine whether Saipem 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 Saipem with respect to the benefits of owning Saipem SpA security.