Sidi Kerir's market value is the price at which a share of Sidi Kerir trades on a public exchange. It measures the collective expectations of Sidi Kerir Petrochemicals investors about its performance. Sidi Kerir is trading at 22.90 as of the 17th of March 2025. This is a 0.66 percent increase since the beginning of the trading day. The stock's lowest day price was 22.72. With this module, you can estimate the performance of a buy and hold strategy of Sidi Kerir Petrochemicals and determine expected loss or profit from investing in Sidi Kerir over a given investment horizon. Check out World Market Map to better understand how to build diversified portfolios. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
Symbol
Sidi
Sidi Kerir '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 Sidi Kerir'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 Sidi Kerir.
0.00
12/17/2024
No Change 0.00
0.0
In 2 months and 31 days
03/17/2025
0.00
If you would invest 0.00 in Sidi Kerir on December 17, 2024 and sell it all today you would earn a total of 0.00 from holding Sidi Kerir Petrochemicals or generate 0.0% return on investment in Sidi Kerir over 90 days.
Sidi Kerir 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 Sidi Kerir'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 Sidi Kerir Petrochemicals 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 Sidi Kerir's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sidi Kerir's standard deviation. In reality, there are many statistical measures that can use Sidi Kerir historical prices to predict the future Sidi Kerir's volatility.
Sidi Kerir appears to be very steady, given 3 months investment horizon. Sidi Kerir Petrochemicals owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14 % return per unit of risk over the last 3 months. We have found thirty technical indicators for Sidi Kerir Petrochemicals, which you can use to evaluate the volatility of the company. Please review Sidi Kerir's Coefficient Of Variation of 1259.95, risk adjusted performance of 0.0747, and Semi Deviation of 1.46 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sidi Kerir holds a performance score of 11. The entity has a beta of 0.25, which indicates not very significant fluctuations relative to the market. As returns on the market increase, Sidi Kerir's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sidi Kerir is expected to be smaller as well. Please check Sidi Kerir's standard deviation, total risk alpha, and the relationship between the coefficient of variation and jensen alpha , to make a quick decision on whether Sidi Kerir's existing price patterns will revert.
Auto-correlation
0.66
Good predictability
Sidi Kerir Petrochemicals has good predictability. Overlapping area represents the amount of predictability between Sidi Kerir time series from 17th of December 2024 to 31st of January 2025 and 31st of January 2025 to 17th of March 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 Sidi Kerir Petrochemicals price movement. The serial correlation of 0.66 indicates that around 66.0% of current Sidi Kerir price fluctuation can be explain by its past prices.
Correlation Coefficient
0.66
Spearman Rank Test
0.65
Residual Average
0.0
Price Variance
0.97
Sidi Kerir Petrochemicals lagged returns against current returns
Autocorrelation, which is Sidi Kerir 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 Sidi Kerir's stock expected returns. We can calculate the autocorrelation of Sidi Kerir returns to help us make a trade decision. For example, suppose you find that Sidi Kerir 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
Sidi Kerir 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 Sidi Kerir stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sidi Kerir stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sidi Kerir stock over time.
Current vs Lagged Prices
Timeline
Sidi Kerir Lagged Returns
When evaluating Sidi Kerir's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sidi Kerir stock have on its future price. Sidi Kerir 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, Sidi Kerir autocorrelation shows the relationship between Sidi Kerir stock current value and its past values and can show if there is a momentum factor associated with investing in Sidi Kerir Petrochemicals.
Regressed Prices
Timeline
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