SAIPEM OTC Stock Performance

SAPMF -  USA Stock  

USD 2.53  0.14  5.24%

On a scale of 0 to 100, SAIPEM SPA holds a performance score of 7. The firm has a beta of -0.6445, which indicates possible diversification benefits within a given portfolio. Let's try to break down what SAIPEM's beta means in this case. As returns on the market increase, returns on owning SAIPEM SPA are expected to decrease at a much lower rate. During the bear market, SAIPEM SPA is likely to outperform the market. Although it is vital to follow SAIPEM SPA current price movements, it is good to be conservative about what you can do with the information regarding equity historical returns. The way of measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By analyzing SAIPEM SPA technical indicators, you can today evaluate if the expected return of 0.29% will be sustainable into the future. Please operates SAIPEM SPA potential upside, and the relationship between the sortino ratio and skewness to make a quick decision on whether SAIPEM SPA existing price patterns will revert.

SAIPEM O TC Stock Performance 

 
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 SAIPEM Performance
7 of 100
Compared to the overall equity markets, risk-adjusted returns on investments in SAIPEM SPA are ranked lower than 7 (%) of all global equities and portfolios over the last 90 days. In spite of rather unsteady primary indicators, SAIPEM SPA exhibited solid returns over the last few months and may actually be approaching a breakup point. ...more

SAIPEM Price Channel

Quick Ratio0.96
Fifty Two Week Low1.7500
Fifty Two Week High3.1000

SAIPEM SPA Relative Risk vs. Return Landscape

If you would invest  216.00  in SAIPEM SPA on July 18, 2021 and sell it today you would earn a total of  37.00  from holding SAIPEM SPA or generate 17.13% return on investment over 90 days. SAIPEM SPA is currently producing 0.2858% returns and takes up 2.969% volatility of returns over 90 trading days. Put another way, 25% of traded otc stocks are less volatile than SAIPEM, and 95% of all traded equity instruments are likely to generate higher returns over the next 90 trading days.
 Daily Expected Return (%) 
      Risk (%) 
Assuming the 90 days horizon SAIPEM SPA is expected to generate 4.01 times more return on investment than the market. However, the company is 4.01 times more volatile than its market benchmark. It trades about 0.1 of its potential returns per unit of risk. The DOW is currently generating roughly 0.08 per unit of risk.

SAIPEM SPA Market Risk Analysis

Today, many novice investors tend to focus exclusively on investment returns with little concern for SAIPEM SPA's investment risk. Standard deviation is the most common way to measure market volatility of otc stocks, such as SAIPEM SPA, and traders can use it to determine the average amount a SAIPEM SPA's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.

Sharpe Ratio = 0.0963

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Estimated Market Risk
 2.97
  actual daily
 
 25 %
of total potential
 
2525
Expected Return
 0.29
  actual daily
 
 5 %
of total potential
 
55
Risk-Adjusted Return
 0.1
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 7 %
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77
Based on monthly moving average SAIPEM SPA is performing at about 7% 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.

About SAIPEM SPA Performance

To evaluate SAIPEM SPA OTC Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when SAIPEM SPA generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare SAIPEM OTC Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand SAIPEM SPA stock market performance in a much more refined way. At Macroaxis, we take it even further. The Macroaxis performance score is an integer between 0 and 100 that represents SAIPEM's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.
Saipem SpA engages in the engineering, procurement, and construction of projects in the energy and infrastructure sectors worldwide. The company also operates 9 fabrication yards and a sea fleet of 44 vessels and onshore drilling fleet comprised 85 units. SAIPEM SPA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 31634 people.

Things to note about SAIPEM SPA

Checking the ongoing alerts about SAIPEM SPA for important developments is a great way to find new opportunities for your next move. Our stock alerts and notifications screener for SAIPEM SPA help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.

SAIPEM SPA Alerts

Equity Alerts and Improvement Suggestions

The company reported the revenue of 6.87 B. Net Loss for the year was (1.03 B) with profit before overhead, payroll, taxes, and interest of 1.99 B.
About 44.0% of the company outstanding shares are owned by corporate insiders
Additionally, take a look at World Market Map. Note that the SAIPEM SPA information on this page should be used as a complementary analysis to other SAIPEM SPA's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

Complementary Tools for SAIPEM OTC Stock analysis

When running SAIPEM SPA 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 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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The market value of SAIPEM SPA is measured differently than its book value, which is the value of SAIPEM that is recorded on the company's balance sheet. Investors also form their own opinion of SAIPEM SPA's value that differs from its market value or its book value, called intrinsic value, which is SAIPEM SPA's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because SAIPEM SPA's market value can be influenced by many factors that don't directly affect SAIPEM SPA underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
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 SAIPEM SPA value 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.