Siemens Healthineers' market value is the price at which a share of Siemens Healthineers trades on a public exchange. It measures the collective expectations of Siemens Healthineers AG investors about its performance. Siemens Healthineers is trading at 51.02 as of the 8th of January 2025, a 2.22 percent decrease since the beginning of the trading day. The stock's lowest day price was 51.02. With this module, you can estimate the performance of a buy and hold strategy of Siemens Healthineers AG and determine expected loss or profit from investing in Siemens Healthineers over a given investment horizon. Check out Siemens Healthineers Correlation, Siemens Healthineers Volatility and Siemens Healthineers Alpha and Beta module to complement your research on Siemens Healthineers.
Please note, there is a significant difference between Siemens Healthineers' value and its price as these two are different measures arrived at by different means. Investors typically determine if Siemens Healthineers is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Siemens Healthineers' 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.
Siemens Healthineers '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 Siemens Healthineers' 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 Siemens Healthineers.
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Siemens Healthineers' 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 Siemens Healthineers AG 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 Siemens Healthineers' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Siemens Healthineers' standard deviation. In reality, there are many statistical measures that can use Siemens Healthineers historical prices to predict the future Siemens Healthineers' volatility.
At this point, Siemens Healthineers is out of control. Siemens Healthineers owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0019, which indicates the firm had a 0.0019% return per unit of risk over the last 3 months. We have found twenty-one technical indicators for Siemens Healthineers AG, which you can use to evaluate the volatility of the company. Please validate Siemens Healthineers' Coefficient Of Variation of (1,809), risk adjusted performance of (0.04), and Variance of 1.63 to confirm if the risk estimate we provide is consistent with the expected return of 0.0025%. The entity has a beta of -0.0106, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Siemens Healthineers are expected to decrease at a much lower rate. During the bear market, Siemens Healthineers is likely to outperform the market. Siemens Healthineers right now has a risk of 1.31%. Please validate Siemens Healthineers standard deviation, information ratio, total risk alpha, as well as the relationship between the variance and jensen alpha , to decide if Siemens Healthineers will be following its existing price patterns.
Auto-correlation
0.34
Below average predictability
Siemens Healthineers AG has below average predictability. Overlapping area represents the amount of predictability between Siemens Healthineers time series from 18th of February 2023 to 29th of January 2024 and 29th of January 2024 to 8th of January 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 Siemens Healthineers price movement. The serial correlation of 0.34 indicates that nearly 34.0% of current Siemens Healthineers price fluctuation can be explain by its past prices.
Correlation Coefficient
0.34
Spearman Rank Test
0.11
Residual Average
0.0
Price Variance
3.46
Siemens Healthineers lagged returns against current returns
Autocorrelation, which is Siemens Healthineers 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 Siemens Healthineers' stock expected returns. We can calculate the autocorrelation of Siemens Healthineers returns to help us make a trade decision. For example, suppose you find that Siemens Healthineers 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
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Siemens Healthineers 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 Siemens Healthineers stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Siemens Healthineers stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Siemens Healthineers stock over time.
Current vs Lagged Prices
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Siemens Healthineers Lagged Returns
When evaluating Siemens Healthineers' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Siemens Healthineers stock have on its future price. Siemens Healthineers 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, Siemens Healthineers autocorrelation shows the relationship between Siemens Healthineers stock current value and its past values and can show if there is a momentum factor associated with investing in Siemens Healthineers AG.
Regressed Prices
Timeline
Also Currently Popular
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.
Siemens Healthineers financial ratios help investors to determine whether Siemens 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 Siemens with respect to the benefits of owning Siemens Healthineers security.