Symphony Environmental (UK) Market Value
| SYM Stock | 3.15 0.10 3.08% |
| Symbol | Symphony |
Symphony Environmental '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 Symphony Environmental'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 Symphony Environmental.
| 07/20/2023 |
| 12/11/2024 |
If you would invest 0.00 in Symphony Environmental on July 20, 2023 and sell it all today you would earn a total of 0.00 from holding Symphony Environmental Technologies or generate 0.0% return on investment in Symphony Environmental over 510 days. Symphony Environmental is related to or competes with Givaudan, Antofagasta PLC, Ferrexpo PLC, Atalaya Mining, Central Asia, Amaroq Minerals, and Anglo Asian. Symphony Environmental is entity of United Kingdom More
Symphony Environmental 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 Symphony Environmental'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 Symphony Environmental Technologies upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 5.33 | |||
| Information Ratio | (0.03) | |||
| Maximum Drawdown | 27.81 | |||
| Value At Risk | (3.08) | |||
| Potential Upside | 4.62 |
Symphony Environmental Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Symphony Environmental's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Symphony Environmental's standard deviation. In reality, there are many statistical measures that can use Symphony Environmental historical prices to predict the future Symphony Environmental's volatility.| Risk Adjusted Performance | 0.0107 | |||
| Jensen Alpha | 0.0378 | |||
| Total Risk Alpha | (0.56) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.01) |
Symphony Environmental Backtested Returns
At this point, Symphony Environmental is risky. Symphony Environmental owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0038, which indicates the firm had a 0.0038% return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for Symphony Environmental Technologies, which you can use to evaluate the volatility of the company. Please validate Symphony Environmental's Semi Deviation of 2.17, risk adjusted performance of 0.0107, and Coefficient Of Variation of 26715.24 to confirm if the risk estimate we provide is consistent with the expected return of 0.0138%. The entity has a beta of -0.3, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning Symphony Environmental are expected to decrease at a much lower rate. During the bear market, Symphony Environmental is likely to outperform the market. Symphony Environmental right now has a risk of 3.64%. Please validate Symphony Environmental semi variance, rate of daily change, and the relationship between the value at risk and kurtosis , to decide if Symphony Environmental will be following its existing price patterns.
Auto-correlation | -0.06 |
Very weak reverse predictability
Symphony Environmental Technologies has very weak reverse predictability. Overlapping area represents the amount of predictability between Symphony Environmental time series from 20th of July 2023 to 31st of March 2024 and 31st of March 2024 to 11th 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 Symphony Environmental price movement. The serial correlation of -0.06 indicates that barely 6.0% of current Symphony Environmental price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.06 | |
| Spearman Rank Test | -0.48 | |
| Residual Average | 0.0 | |
| Price Variance | 0.21 |
Symphony Environmental lagged returns against current returns
Autocorrelation, which is Symphony Environmental 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 Symphony Environmental's stock expected returns. We can calculate the autocorrelation of Symphony Environmental returns to help us make a trade decision. For example, suppose you find that Symphony Environmental 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 |
Symphony Environmental 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 Symphony Environmental stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Symphony Environmental stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Symphony Environmental stock over time.
Current vs Lagged Prices |
| Timeline |
Symphony Environmental Lagged Returns
When evaluating Symphony Environmental's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Symphony Environmental stock have on its future price. Symphony Environmental 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, Symphony Environmental autocorrelation shows the relationship between Symphony Environmental stock current value and its past values and can show if there is a momentum factor associated with investing in Symphony Environmental Technologies.
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 Symphony Stock
Symphony Environmental financial ratios help investors to determine whether Symphony 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 Symphony with respect to the benefits of owning Symphony Environmental security.