Sigma Competitors

Specify up to 10 symbols:
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sigma Lithium's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy. Please use the tools below to analyze the current value of Sigma Lithium in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
30.1134.3038.49
Details
Intrinsic
Valuation
LowReal ValueHigh
26.3430.5334.72
Details
Naive
Forecast
LowNext ValueHigh
31.5535.7339.92
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
27.7132.9638.20
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sigma Lithium. Your research has to be compared to or analyzed against Sigma Lithium's peers to derive any actionable benefits. When done correctly, Sigma Lithium's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in Sigma Lithium Resources.

Sigma Lithium Competition Correlation Matrix

Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sigma Lithium and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Sigma and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Sigma Lithium Resources does not affect the price movement of the other competitor.
Click cells to compare fundamentals   Check Volatility   Backtest Portfolio

Sigma Lithium Competition Risk-Adjusted Indicators

Nowadays, there is a big difference between Sigma Stock performing well and Sigma Lithium company doing well compared to the competition. There are way too many exceptions to the normal that investors can tell for sure what's good or bad unless they analyze Sigma Lithium's multiple risk-adjusted performance indicators. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.
Mean
Deviation
Jensen
Alpha
Sortino
Ratio
Treynor
Ratio
Semi
Deviation
Information
Ratio
Expected
Shortfall
Potential
Upside
Value
At Risk
Maximum
Drawdown
TWTR 1.73  0.48  0.18  2.46  1.73  0.13 (1.84)  3.56 (2.97)  27.10 
MSFT 1.81 (0.12)  0.00 (0.02)  0.00 (0.0384)  0.00  3.92 (3.54)  11.64 
UBER 2.79 (0.01)  0.01  0.06  3.22  0.0048 (3.38)  8.60 (5.58)  19.67 
F 1.95 (0.20)  0.00 (0.07)  0.00 (0.06)  0.00  2.75 (5.14)  14.93 
T 1.27  0.11  0.06  0.21  1.22  0.05 (1.43)  2.54 (2.11)  9.29 
A 1.71  0.22  0.13  0.24  1.62  0.11 (2.06)  3.98 (2.97)  11.04 
CRM 2.20 (0.06) (0.01)  0.02  2.64 (0.013) (2.24)  4.31 (4.29)  14.31 
JPM 1.49  0.24  0.15  0.29  1.27  0.13 (1.60)  4.20 (2.15)  7.57 
MRK 1.03  0.34  0.23  1.09  0.89  0.22 (1.22)  2.44 (1.71)  7.38 
XOM 1.62  0.12  0.06  0.20  1.90  0.06 (1.68)  3.65 (3.00)  9.75 

Sigma Lithium Competitive Analysis

The better you understand Sigma Lithium competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sigma Lithium's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Sigma Lithium's competition over several years is one of the best ways to analyze its investment potential.
    
 Better Than Average     
    
 Worse Than Peers    View Performance Chart
SGML
MSFT
 11.57 
 30.33 
 5.24 
 241.76 
Market Volatility
(90 Days Market Risk)
Market Performance
(90 Days Performance)
Odds of Financial Distress
(Probability Of Bankruptcy)
Current Valuation
(Equity Enterprise Value)
Buy or Sell Advice
(Average Analysts Consensus)
Not Available
Trade Advice
(90 Days Macroaxis Advice)
Number of Shares Shorted
Shares Owned by Insiders
Current Ratio
Net Asset
Profit Margin
EBITDA
Current Valuation
Cash Flow from Operations
Operating Margin
Retained Earnings
Current Asset
Five Year Return
Beta
Price to Book
Shares Outstanding
Annual Yield
Total Debt
Return On Equity
Price to Earning
Z Score
Shares Owned by Institutions
Return On Asset
Book Value Per Share
Cash and Equivalents
Price to Earnings To Growth
Current Liabilities
Total Asset
Short Ratio
Target Price
Last Dividend Paid
Market Capitalization
Price to Sales
Cash per Share
Net Income
Earnings Per Share
Debt to Equity
Revenue
Working Capital
Gross Profit
Coefficient Of Variation
Mean Deviation
Jensen Alpha
Total Risk Alpha
Sortino Ratio
Downside Variance
Standard Deviation
Kurtosis
Potential Upside
Treynor Ratio
Maximum Drawdown
Variance
Market Risk Adjusted Performance
Risk Adjusted Performance
Skewness
Semi Deviation
Information Ratio
Value At Risk
Expected Short fall
Downside Deviation
Semi Variance

Sigma Lithium Competition Performance Charts

Complement your Sigma Lithium position

In addition to having Sigma Lithium in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

Did You Try This Idea?

Run ETFs Thematic Idea Now

ETFs
ETFs Theme
Public companies that diversify risk by investing across different stocks, funds, or indexes. The ETFs theme has 20 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize ETFs Theme or any other thematic opportunities.
View All  Next Launch
Additionally, take a look at Sigma Lithium Correlation with its peers. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for analysis

When running Sigma Lithium Resources price analysis, check to measure Sigma Lithium'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 Sigma Lithium is operating at the current time. Most of Sigma Lithium's value examination focuses on studying past and present price action to predict the probability of Sigma Lithium's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Sigma Lithium's price. Additionally, you may evaluate how the addition of Sigma Lithium to your portfolios can decrease your overall portfolio volatility.
Idea Analyzer
Analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas
Go
Volatility Analysis
Get historical volatility and risk analysis based on latest market data
Go
Pair Correlation
Compare performance and examine fundamental relationship between any two equity instruments
Go
Sync Your Broker
Sync your existing holdings, watchlists, positions or portfolios from thousands of online brokerage services, banks, investment account aggregators and robo-advisors.
Go
Fundamentals Comparison
Compare fundamentals across multiple equities to find investing opportunities
Go
Instant Ratings
Determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance
Go
Is Sigma Lithium's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sigma Lithium. If investors know Sigma will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sigma Lithium listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
3.6 B
Return On Assets
(0.29) 
Return On Equity
(0.51) 
The market value of Sigma Lithium Resources is measured differently than its book value, which is the value of Sigma that is recorded on the company's balance sheet. Investors also form their own opinion of Sigma Lithium's value that differs from its market value or its book value, called intrinsic value, which is Sigma Lithium'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 Sigma Lithium's market value can be influenced by many factors that don't directly affect Sigma Lithium's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sigma Lithium's value and its price as these two are different measures arrived at by different means. Investors typically determine Sigma Lithium value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sigma Lithium'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.
SGML
 Stock
  

USD 30.33  3.97  11.57%   

Sigma Lithium Resources competes with Microsoft; as well as few others. The company conducts business under Basic Materials sector and is part of Other Industrial Metals & Mining industry. Analyzing Sigma Lithium competition allows you to expand the diversification possibilities of your existing portfolios and to get a better perspective on locking in new positions. Investors sometimes prefer comparable analysis of Sigma Lithium to its intrinsic valuation because they are able to contrast its competitors on a relative basis.
You can use the Comparative Equity Analysis module to analyze the advantages of investing in your portfolio's related equities across multiple sectors and thematic ideas. Please use the input box below to enter symbols for particular investments you would like to analyze. With the equity comparison module, you can estimate the relative effect of Sigma Lithium competition on your existing holdings. Additionally, take a look at Sigma Lithium Correlation with its peers.