Saipem Spa Adr Stock Price on September 28, 2021

SAPMY Stock  USD 0.48  0.02  4.35%   
If you're considering investing in Saipem Pink Sheet, it is important to understand the factors that can impact its price. As of today, the current price of Saipem SpA stands at 0.48, as last reported on the 28th of March, with the highest price reaching 0.48 and the lowest price hitting 0.41 during the day. Saipem SpA appears to be out of control, given 3 months investment horizon. Saipem SpA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.13, which indicates the firm had a 0.13% return per unit of risk over the last 3 months. By inspecting Saipem SpA's technical indicators, you can evaluate if the expected return of 0.91% is justified by implied risk. Please review Saipem SpA's Coefficient Of Variation of 555.85, semi deviation of 5.83, and Risk Adjusted Performance of 0.1092 to confirm if our risk estimates are consistent with your expectations.
  
Saipem Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.1277

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Estimated Market Risk

 7.1
  actual daily
62
62% of assets are less volatile

Expected Return

 0.91
  actual daily
17
83% of assets have higher returns

Risk-Adjusted Return

 0.13
  actual daily
9
91% of assets perform better
Based on monthly moving average Saipem SpA is performing at about 9% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Saipem SpA by adding it to a well-diversified portfolio.

Saipem SpA Valuation on September 28, 2021

It is possible to determine the worth of Saipem SpA on a given historical date. On September 28, 2021 Saipem was worth 2.05 at the beginning of the trading date compared to the closed value of 2.05. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Saipem SpA pink sheet. Still, in general, we apply an absolute valuation method to find Saipem SpA's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Saipem SpA where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Saipem SpA's related companies.
 Open High Low Close Volume
03/14/2022
  2.05    2.05    2.05    2.05    200.00  
  2.10    2.10    2.10    2.10    500.00  
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Open Value
2.05
2.05
Closing Value
23.34
Upside

Saipem SpA Trading Date Momentum on September 28, 2021

The event impact on price volatility cannot be determined at this time. Please check this event after some time to allow current data to be analyzed.

Saipem SpA ADR Fundamentals Correlations and Trends

By evaluating Saipem SpA's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Saipem SpA's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Saipem financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Saipem SpA Pink Sheet history

Saipem SpA investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Saipem is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Saipem SpA ADR will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Saipem SpA stock prices may prove useful in developing a viable investing in Saipem SpA
Saipem SpA provides energy and infrastructure solutions worldwide. The company also operates 9 fabrication yards and a sea fleet of 41 vessels and onshore drilling fleet comprised 84 units. SAIPEM SPA operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 32000 people.

Saipem SpA Pink Sheet Technical Analysis

Saipem SpA technical pink sheet analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, pink sheet market cycles, or different charting patterns.
A focus of Saipem SpA technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Saipem SpA trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Saipem SpA Period Price Range

Low
March 14, 2022
High

 2.05 

  

 2.05 

0.000.00%

Saipem SpA March 28, 2024 Market Strength

Market strength indicators help investors to evaluate how Saipem SpA pink sheet reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Saipem SpA shares will generate the highest return on investment. By undertsting and applying Saipem SpA pink sheet market strength indicators, traders can identify Saipem SpA ADR entry and exit signals to maximize returns

Saipem SpA Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Saipem SpA's price direction in advance. Along with the technical and fundamental analysis of Saipem Pink Sheet historical price patterns, it is also worthwhile for investors to track various predictive indicators of Saipem to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Saipem SpA ADR. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in population.
You can also try the Commodity Directory module to find actively traded commodities issued by global exchanges.

Complementary Tools for Saipem Pink Sheet analysis

When running Saipem SpA's price analysis, check to measure Saipem SpA's 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 Saipem SpA is operating at the current time. Most of Saipem SpA's value examination focuses on studying past and present price action to predict the probability of Saipem SpA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Saipem SpA's price. Additionally, you may evaluate how the addition of Saipem SpA to your portfolios can decrease your overall portfolio volatility.
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Please note, there is a significant difference between Saipem SpA's value and its price as these two are different measures arrived at by different means. Investors typically determine if Saipem SpA is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Saipem SpA's 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.