Sibanye Stillwater (South Africa) Market Value
| SSW Stock | 1,831 43.00 2.40% |
| Symbol | Sibanye |
Sibanye Stillwater '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 Sibanye Stillwater'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 Sibanye Stillwater.
| 12/14/2022 |
| 12/03/2024 |
If you would invest 0.00 in Sibanye Stillwater on December 14, 2022 and sell it all today you would earn a total of 0.00 from holding Sibanye Stillwater or generate 0.0% return on investment in Sibanye Stillwater over 720 days. Sibanye Stillwater is related to or competes with Frontier Transport, Capitec Bank, RCL Foods, Afine Investments, and Astoria Investments. More
Sibanye Stillwater 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 Sibanye Stillwater'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 Sibanye Stillwater upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 4.05 | |||
| Information Ratio | 0.0134 | |||
| Maximum Drawdown | 20.41 | |||
| Value At Risk | (6.80) | |||
| Potential Upside | 8.64 |
Sibanye Stillwater Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sibanye Stillwater's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sibanye Stillwater's standard deviation. In reality, there are many statistical measures that can use Sibanye Stillwater historical prices to predict the future Sibanye Stillwater's volatility.| Risk Adjusted Performance | 0.0406 | |||
| Jensen Alpha | 0.2034 | |||
| Total Risk Alpha | (0.47) | |||
| Sortino Ratio | 0.0142 | |||
| Treynor Ratio | (0.62) |
Sibanye Stillwater Backtested Returns
Sibanye Stillwater appears to be very steady, given 3 months investment horizon. Sibanye Stillwater owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0658, which indicates the firm had a 0.0658% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sibanye Stillwater, which you can use to evaluate the volatility of the company. Please review Sibanye Stillwater's Coefficient Of Variation of 2357.9, semi deviation of 3.9, and Risk Adjusted Performance of 0.0406 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sibanye Stillwater holds a performance score of 5. The entity has a beta of -0.28, which indicates not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Sibanye Stillwater are expected to decrease at a much lower rate. During the bear market, Sibanye Stillwater is likely to outperform the market. Please check Sibanye Stillwater's maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to make a quick decision on whether Sibanye Stillwater's existing price patterns will revert.
Auto-correlation | 0.64 |
Good predictability
Sibanye Stillwater has good predictability. Overlapping area represents the amount of predictability between Sibanye Stillwater time series from 14th of December 2022 to 9th of December 2023 and 9th of December 2023 to 3rd 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 Sibanye Stillwater price movement. The serial correlation of 0.64 indicates that roughly 64.0% of current Sibanye Stillwater price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.64 | |
| Spearman Rank Test | 0.63 | |
| Residual Average | 0.0 | |
| Price Variance | 57.6 K |
Sibanye Stillwater lagged returns against current returns
Autocorrelation, which is Sibanye Stillwater 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 Sibanye Stillwater's stock expected returns. We can calculate the autocorrelation of Sibanye Stillwater returns to help us make a trade decision. For example, suppose you find that Sibanye Stillwater 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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Sibanye Stillwater 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 Sibanye Stillwater stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sibanye Stillwater stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sibanye Stillwater stock over time.
Current vs Lagged Prices |
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Sibanye Stillwater Lagged Returns
When evaluating Sibanye Stillwater's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sibanye Stillwater stock have on its future price. Sibanye Stillwater 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, Sibanye Stillwater autocorrelation shows the relationship between Sibanye Stillwater stock current value and its past values and can show if there is a momentum factor associated with investing in Sibanye Stillwater.
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.Other Information on Investing in Sibanye Stock
Sibanye Stillwater financial ratios help investors to determine whether Sibanye 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 Sibanye with respect to the benefits of owning Sibanye Stillwater security.