SIMS METAL (Germany) Price on February 20, 2024
| I8M Stock | EUR 8.10 0.05 0.61% |
If you're considering investing in SIMS Stock, it is important to understand the factors that can impact its price. As of today, the current price of SIMS METAL stands at 8.10, as last reported on the 2nd of December, with the highest price reaching 8.10 and the lowest price hitting 8.05 during the day. SIMS METAL appears to be out of control, given 3 months investment horizon. SIMS METAL MGT owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of standard deviation over the last 3 months. We have found twenty-eight technical indicators for SIMS METAL MGT, which you can use to evaluate the volatility of the company. Please review SIMS METAL's risk adjusted performance of 0.1113, and Coefficient Of Variation of 731.5 to confirm if our risk estimates are consistent with your expectations.
SIMS Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
SIMS |
Sharpe Ratio = 0.1432
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Estimated Market Risk
| 2.38 actual daily | 21 79% of assets are more volatile |
Expected Return
| 0.34 actual daily | 6 94% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 11 89% of assets perform better |
Based on monthly moving average SIMS METAL is performing at about 11% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SIMS METAL by adding it to a well-diversified portfolio.
SIMS METAL Valuation on February 20, 2024
It is possible to determine the worth of SIMS METAL on a given historical date. On February 20, 2024 SIMS was worth 7.86 at the beginning of the trading date compared to the closed value of 7.7. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SIMS METAL stock. Still, in general, we apply an absolute valuation method to find SIMS METAL's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of SIMS METAL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SIMS METAL's related companies.
| Open | High | Low | Close | Volume | |
| 8.65 | 8.65 | 8.65 | 8.65 | 1.00 | |
02/20/2024 | 7.86 | 7.86 | 7.70 | 7.70 | 1.00 |
| 7.54 | 7.55 | 7.52 | 7.52 | 1.00 |
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SIMS METAL Trading Date Momentum on February 20, 2024
| On February 21 2024 SIMS METAL MGT was traded for 7.52 at the closing time. The maximum traded price for the trading interval was 7.55 and the lowest daily price was 7.52 . There was no trading activity during the period 1.0. Lack of trading volume on 21st of February 2024 played a part in the next trading day price drop. The trading delta at closing time to the next closing price was 2.34% . The trading price change to the closing price today is 4.29% . |
SIMS METAL MGT Fundamentals Correlations and Trends
By evaluating SIMS METAL's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among SIMS METAL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SIMS financial account trend analysis is a perfect complement when working with valuation or volatility modules.About SIMS METAL Stock history
SIMS METAL investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for SIMS is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SIMS METAL MGT will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing SIMS METAL stock prices may prove useful in developing a viable investing in SIMS METAL
SIMS METAL Stock Technical Analysis
SIMS METAL technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
SIMS METAL Period Price Range
Low | December 2, 2024
| High |
0.00 | 0.00 |
SIMS METAL MGT cannot be verified against its exchange. Please verify the symbol is currently traded on Berlin Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
SIMS METAL December 2, 2024 Market Strength
Market strength indicators help investors to evaluate how SIMS METAL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SIMS METAL shares will generate the highest return on investment. By undertsting and applying SIMS METAL stock market strength indicators, traders can identify SIMS METAL MGT entry and exit signals to maximize returns
SIMS METAL Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for SIMS METAL's price direction in advance. Along with the technical and fundamental analysis of SIMS Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SIMS to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.1113 | |||
| Jensen Alpha | 0.1851 | |||
| Total Risk Alpha | (0.08) | |||
| Sortino Ratio | 0.085 | |||
| Treynor Ratio | 0.3102 |
| Cycle Indicators | ||
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| Math Transform | ||
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| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for SIMS Stock analysis
When running SIMS METAL's price analysis, check to measure SIMS METAL'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 SIMS METAL is operating at the current time. Most of SIMS METAL's value examination focuses on studying past and present price action to predict the probability of SIMS METAL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIMS METAL's price. Additionally, you may evaluate how the addition of SIMS METAL to your portfolios can decrease your overall portfolio volatility.
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