Sibanye Stillwater (South Africa) Market Value
| SSW Stock | 1,788 5.00 0.28% |
| 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.
| 10/31/2024 |
| 11/30/2024 |
If you would invest 0.00 in Sibanye Stillwater on October 31, 2024 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 30 days. Sibanye Stillwater is related to or competes with Kumba Iron, Brimstone Investment, Hosken Consolidated, HomeChoice Investments, ABSA Bank, Standard Bank, and Ascendis Health. 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 | 4.12 | |||
| Information Ratio | (0.02) | |||
| 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 | 0.0185 | |||
| Jensen Alpha | 0.0895 | |||
| Total Risk Alpha | (0.68) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.15) |
Sibanye Stillwater Backtested Returns
At this point, Sibanye Stillwater is very steady. Sibanye Stillwater owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0344, which indicates the firm had a 0.0344% 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 validate Sibanye Stillwater's Risk Adjusted Performance of 0.0185, coefficient of variation of 7450.76, and Semi Deviation of 3.99 to confirm if the risk estimate we provide is consistent with the expected return of 0.15%. Sibanye Stillwater has a performance score of 2 on a scale of 0 to 100. The entity has a beta of -0.32, which indicates possible diversification benefits within a given portfolio. 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. Sibanye Stillwater right now has a risk of 4.31%. Please validate Sibanye Stillwater maximum drawdown, skewness, and the relationship between the total risk alpha and downside variance , to decide if Sibanye Stillwater will be following its existing price patterns.
Auto-correlation | 0.88 |
Very good predictability
Sibanye Stillwater has very good predictability. Overlapping area represents the amount of predictability between Sibanye Stillwater time series from 31st of October 2024 to 15th of November 2024 and 15th of November 2024 to 30th of November 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 0.88 indicates that approximately 88.0% of current Sibanye Stillwater price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.88 | |
| Spearman Rank Test | 0.62 | |
| Residual Average | 0.0 | |
| Price Variance | 1990.52 |
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.