Sidma SA (Greece) Market Value
| SIDMA Stock | EUR 1.63 0.01 0.62% |
| Symbol | Sidma |
Sidma SA '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 Sidma SA's stock 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 Sidma SA.
| 05/21/2025 |
| 08/19/2025 |
If you would invest 0.00 in Sidma SA on May 21, 2025 and sell it all today you would earn a total of 0.00 from holding Sidma SA Steel or generate 0.0% return on investment in Sidma SA over 90 days. Sidma SA is related to or competes with Foodlink, Thrace Plastics, Elton International, Hellenic Telecommunicatio, Intertech, Interlife General, and Profile Systems. Steel Products engages in processing and trading of steel products in Greece and internationally More
Sidma SA 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 Sidma SA's stock 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 Sidma SA Steel upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.0 | |||
| Information Ratio | 0.0872 | |||
| Maximum Drawdown | 13.97 | |||
| Value At Risk | (2.45) | |||
| Potential Upside | 4.62 |
Sidma SA Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sidma SA's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sidma SA's standard deviation. In reality, there are many statistical measures that can use Sidma SA historical prices to predict the future Sidma SA's volatility.| Risk Adjusted Performance | 0.0979 | |||
| Jensen Alpha | 0.3061 | |||
| Total Risk Alpha | 0.0161 | |||
| Sortino Ratio | 0.098 | |||
| Treynor Ratio | (0.85) |
Sidma SA Steel Backtested Returns
Sidma SA appears to be very risky, given 3 months investment horizon. Sidma SA Steel owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Sidma SA Steel, which you can use to evaluate the volatility of the company. Please review Sidma SA's Coefficient Of Variation of 778.53, semi deviation of 1.47, and Risk Adjusted Performance of 0.0979 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sidma SA holds a performance score of 10. The entity has a beta of -0.33, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Sidma SA are expected to decrease at a much lower rate. During the bear market, Sidma SA is likely to outperform the market. Please check Sidma SA's information ratio, value at risk, kurtosis, as well as the relationship between the sortino ratio and semi variance , to make a quick decision on whether Sidma SA's existing price patterns will revert.
Auto-correlation | -0.18 |
Insignificant reverse predictability
Sidma SA Steel has insignificant reverse predictability. Overlapping area represents the amount of predictability between Sidma SA time series from 21st of May 2025 to 5th of July 2025 and 5th of July 2025 to 19th of August 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 Sidma SA Steel price movement. The serial correlation of -0.18 indicates that over 18.0% of current Sidma SA price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.18 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sidma SA Steel lagged returns against current returns
Autocorrelation, which is Sidma SA stock'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 Sidma SA's stock expected returns. We can calculate the autocorrelation of Sidma SA returns to help us make a trade decision. For example, suppose you find that Sidma SA has exhibited high autocorrelation historically, and you observe that the stock 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 |
Sidma SA 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 Sidma SA stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sidma SA stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sidma SA stock over time.
Current vs Lagged Prices |
| Timeline |
Sidma SA Lagged Returns
When evaluating Sidma SA's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sidma SA stock have on its future price. Sidma SA 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, Sidma SA autocorrelation shows the relationship between Sidma SA stock current value and its past values and can show if there is a momentum factor associated with investing in Sidma SA Steel.
Regressed Prices |
| Timeline |
Thematic Opportunities
Explore Investment Opportunities
Other Information on Investing in Sidma Stock
Sidma SA financial ratios help investors to determine whether Sidma Stock 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 Sidma with respect to the benefits of owning Sidma SA security.