Saipem Spa Adr Stock Price on October 18, 2021
| SAPMY Stock | USD 0.46 0.04 8.00% |
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 0.46, as last reported on the 19th of April, with the highest price reaching 0.46 and the lowest price hitting 0.46 during the day. Saipem SpA is out of control given 3 months investment horizon. Saipem SpA ADR owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We have collected data for twenty-eight different technical indicators, which can help you to evaluate if expected returns of 1.02% are justified by taking the suggested risk. Use Saipem SpA ADR Risk Adjusted Performance of 0.101, semi deviation of 5.22, and Coefficient Of Variation of 671.88 to evaluate company specific risk that cannot be diversified away.
Saipem Pink Sheet price history is provided at the adjusted basis, taking into account all of the recent filings.
Saipem |
Sharpe Ratio = 0.1536
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | SAPMY | |||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns |
Estimated Market Risk
| 6.66 actual daily | 58 58% of assets are less volatile |
Expected Return
| 1.02 actual daily | 20 80% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 12 88% of assets perform better |
Based on monthly moving average Saipem SpA is performing at about 12% 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 October 18, 2021
It is possible to determine the worth of Saipem SpA on a given historical date. On October 18, 2021 Saipem was worth 2.48 at the beginning of the trading date compared to the closed value of 2.48. 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 | |
04/04/2022 | 2.48 | 2.48 | 2.48 | 2.48 | 1.00 |
| 2.48 | 2.48 | 2.48 | 2.48 | 1.00 |
| Backtest Saipem SpA | | | Saipem SpA History | | | Saipem SpA Valuation | Next |
Saipem SpA Trading Date Momentum on October 18, 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.
Price Boundaries
Saipem SpA Period Price Range
Low | April 4, 2022
| High |
2.48 | 2.48 |
Saipem SpA April 19, 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
| Rate Of Daily Change | 1.0 | |||
| Day Median Price | 2.48 | |||
| Day Typical Price | 2.48 | |||
| Period Momentum Indicator | (2.02) | |||
| Relative Strength Index | 62.76 |
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.
| Risk Adjusted Performance | 0.101 | |||
| Jensen Alpha | 1.02 | |||
| Total Risk Alpha | 0.3388 | |||
| Sortino Ratio | 0.1141 | |||
| Treynor Ratio | (0.87) |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
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 Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.
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.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Price Ceiling Movement Calculate and plot Price Ceiling Movement for different equity instruments | |
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| AI Portfolio Architect Use AI to generate optimal portfolios and find profitable investment opportunities | |
| Portfolio Suggestion Get suggestions outside of your existing asset allocation including your own model portfolios | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Fundamentals Comparison Compare fundamentals across multiple equities to find investing opportunities | |
| Fundamental Analysis View fundamental data based on most recent published financial statements | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Stock Screener Find equities using a custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook. |