Sims Metal (Germany) Market Value
| I8M Stock | EUR 8.25 0.15 1.85% |
| Symbol | Sims |
Sims Metal '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 Sims Metal'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 Sims Metal.
| 01/18/2025 |
| 02/17/2025 |
If you would invest 0.00 in Sims Metal on January 18, 2025 and sell it all today you would earn a total of 0.00 from holding Sims Metal Management or generate 0.0% return on investment in Sims Metal over 30 days. Sims Metal is related to or competes with ASURE SOFTWARE, MAGIC SOFTWARE, and Easy Software. Sims Metal Management Limited engages in buying, processing, and selling ferrous and non-ferrous recycled metals More
Sims Metal 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 Sims Metal'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 Sims Metal Management upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.31 | |||
| Information Ratio | 0.0091 | |||
| Maximum Drawdown | 9.28 | |||
| Value At Risk | (3.16) | |||
| Potential Upside | 3.11 |
Sims Metal Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sims Metal's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sims Metal's standard deviation. In reality, there are many statistical measures that can use Sims Metal historical prices to predict the future Sims Metal's volatility.| Risk Adjusted Performance | 0.0168 | |||
| Jensen Alpha | 0.0193 | |||
| Total Risk Alpha | 0.0164 | |||
| Sortino Ratio | 0.008 | |||
| Treynor Ratio | 0.0875 |
Sims Metal Management Backtested Returns
At this point, Sims Metal is somewhat reliable. Sims Metal Management owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0725, which indicates the firm had a 0.0725 % return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sims Metal Management, which you can use to evaluate the volatility of the company. Please validate Sims Metal's Semi Deviation of 2.02, risk adjusted performance of 0.0168, and Coefficient Of Variation of 6866.61 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sims Metal has a performance score of 5 on a scale of 0 to 100. The entity has a beta of 0.22, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sims Metal's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sims Metal is expected to be smaller as well. Sims Metal Management right now has a risk of 2.01%. Please validate Sims Metal total risk alpha, treynor ratio, and the relationship between the jensen alpha and sortino ratio , to decide if Sims Metal will be following its existing price patterns.
Auto-correlation | -0.33 |
Poor reverse predictability
Sims Metal Management has poor reverse predictability. Overlapping area represents the amount of predictability between Sims Metal time series from 18th of January 2025 to 2nd of February 2025 and 2nd of February 2025 to 17th of February 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 Sims Metal Management price movement. The serial correlation of -0.33 indicates that nearly 33.0% of current Sims Metal price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.33 | |
| Spearman Rank Test | -0.08 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Sims Metal Management lagged returns against current returns
Autocorrelation, which is Sims Metal 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 Sims Metal's stock expected returns. We can calculate the autocorrelation of Sims Metal returns to help us make a trade decision. For example, suppose you find that Sims Metal 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 |
Sims Metal 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 Sims Metal stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sims Metal stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sims Metal stock over time.
Current vs Lagged Prices |
| Timeline |
Sims Metal Lagged Returns
When evaluating Sims Metal's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sims Metal stock have on its future price. Sims Metal 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, Sims Metal autocorrelation shows the relationship between Sims Metal stock current value and its past values and can show if there is a momentum factor associated with investing in Sims Metal Management.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sims Stock
Sims Metal financial ratios help investors to determine whether Sims 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 Sims with respect to the benefits of owning Sims Metal security.