Siemens Healthineers (Germany) Market Value

SHL Stock   52.10  0.38  0.72%   
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 selling for under 52.10 as of the 22nd of December 2024; that is 0.72 percent decrease since the beginning of the trading day. The stock's last reported lowest price was 51.66.
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.
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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.
0.00
01/02/2023
No Change 0.00  0.0 
In 1 year 11 months and 22 days
12/22/2024
0.00
If you would invest  0.00  in Siemens Healthineers on January 2, 2023 and sell it all today you would earn a total of 0.00 from holding Siemens Healthineers AG or generate 0.0% return on investment in Siemens Healthineers over 720 days. Siemens Healthineers is related to or competes with Abbott Laboratories, Medtronic PLC, Stryker, Boston Scientific, Edwards Lifesciences, and Align Technology. More

Siemens Healthineers 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 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.

Siemens Healthineers Market Risk Indicators

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.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Siemens Healthineers' price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
50.5252.1053.68
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Intrinsic
Valuation
LowRealHigh
46.8957.2358.81
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Siemens Healthineers Backtested Returns

Currently, Siemens Healthineers AG is very steady. Siemens Healthineers owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.085, which indicates the firm had a 0.085% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Siemens Healthineers AG, which you can use to evaluate the volatility of the company. Please validate Siemens Healthineers' Semi Deviation of 1.03, risk adjusted performance of 0.072, and Coefficient Of Variation of 1181.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.13%. Siemens Healthineers has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.61, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Siemens Healthineers' returns are expected to increase less than the market. However, during the bear market, the loss of holding Siemens Healthineers is expected to be smaller as well. Siemens Healthineers right now has a risk of 1.58%. Please validate Siemens Healthineers jensen alpha, semi variance, day typical price, as well as the relationship between the maximum drawdown and accumulation distribution , to decide if Siemens Healthineers will be following its existing price patterns.

Auto-correlation

    
  0.43  

Average predictability

Siemens Healthineers AG has average predictability. Overlapping area represents the amount of predictability between Siemens Healthineers time series from 2nd of January 2023 to 28th of December 2023 and 28th of December 2023 to 22nd of December 2024. 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 0.43 indicates that just about 43.0% of current Siemens Healthineers price fluctuation can be explain by its past prices.
Correlation Coefficient0.43
Spearman Rank Test0.14
Residual Average0.0
Price Variance3.32

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   
       Timeline  

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  

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Additional Tools for Siemens Stock Analysis

When running Siemens Healthineers' price analysis, check to measure Siemens Healthineers' 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 Siemens Healthineers is operating at the current time. Most of Siemens Healthineers' value examination focuses on studying past and present price action to predict the probability of Siemens Healthineers' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Siemens Healthineers' price. Additionally, you may evaluate how the addition of Siemens Healthineers to your portfolios can decrease your overall portfolio volatility.