Sigma Stock Market Value

SGML
 Stock
  

USD 30.33  0.14  0.46%   

Sigma Lithium's market value is the price at which a share of Sigma Lithium stock trades on a public exchange. It measures the collective expectations of Sigma Lithium Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sigma Lithium Corp and determine expected loss or profit from investing in Sigma Lithium over a given investment horizon. Additionally, take a look at Sigma Lithium Correlation, Sigma Lithium Volatility and Sigma Lithium Alpha and Beta module to complement your research on Sigma Lithium.
Symbol


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
3.2 B
Return On Assets
(0.29) 
Return On Equity
(0.51) 
The market value of Sigma Lithium Corp 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.

Sigma Lithium '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 Sigma Lithium'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 Sigma Lithium.
0.00
05/02/2022
No Change 0.00  0.0 
In 6 months and 30 days
11/28/2022
0.00
If you would invest  0.00  in Sigma Lithium on May 2, 2022 and sell it all today you would earn a total of 0.00 from holding Sigma Lithium Corp or generate 0.0% return on investment in Sigma Lithium over 210 days. Sigma Lithium is related to or competes with Netflix. Sigma Lithium Corporation engages in the exploration and development of lithium deposits in Brazil More

Sigma Lithium 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 Sigma Lithium'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 Sigma Lithium Corp upside and downside potential and time the market with a certain degree of confidence.

Sigma Lithium Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sigma Lithium's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sigma Lithium's standard deviation. In reality, there are many statistical measures that can use Sigma Lithium historical prices to predict the future Sigma Lithium's volatility.
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
26.0730.2834.49
Details
Intrinsic
Valuation
LowReal ValueHigh
26.0330.2434.45
Details
Naive
Forecast
LowNext ValueHigh
28.3432.5636.77
Details
Bollinger
Band Projection (param)
LowerMiddle BandUpper
28.5831.0633.55
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 Corp.

Sigma Lithium Corp Backtested Returns

Sigma Lithium Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.15, which indicates the firm had -0.15% of return per unit of risk over the last month. Macroaxis standpoint towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. Sigma Lithium Corp exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate Sigma Lithium coefficient of variation of (548.84), and Risk Adjusted Performance of (0.22) to confirm the risk estimate we provide.
The entity has a beta of 1.1133, which indicates a somewhat significant risk relative to the market. Let's try to break down what Sigma's beta means in this case. Sigma Lithium returns are very sensitive to returns on the market. As the market goes up or down, Sigma Lithium is expected to follow. Even though it is essential to pay attention to Sigma Lithium Corp current price movements, it is always good to be careful when utilizing equity historical returns. Our philosophy towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. Sigma Lithium Corp exposes twenty-eight different technical indicators, which can help you to evaluate its performance. Sigma Lithium Corp has an expected return of -0.61%. Please be advised to validate Sigma Lithium downside variance, and the relationship between the sortino ratio and accumulation distribution to decide if Sigma Lithium Corp performance from the past will be repeated at some point in the near future.

Auto-correlation

    
  0.10  

Insignificant predictability

Sigma Lithium Corp has insignificant predictability. Overlapping area represents the amount of predictability between Sigma Lithium time series from 2nd of May 2022 to 15th of August 2022 and 15th of August 2022 to 28th of November 2022. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sigma Lithium Corp price movement. The serial correlation of 0.1 indicates that less than 10.0% of current Sigma Lithium price fluctuation can be explain by its past prices.
Correlation Coefficient0.1
Spearman Rank Test0.24
Residual Average0.0
Price Variance22.45

Sigma Lithium Corp lagged returns against current returns

Autocorrelation, which is Sigma Lithium 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 Sigma Lithium's stock expected returns. We can calculate the autocorrelation of Sigma Lithium returns to help us make a trade decision. For example, suppose you find that Sigma Lithium stock 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 stock movement to match the lagging time series.
   Current and Lagged Values   
Share
       Timeline  

Sigma Lithium 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 Sigma Lithium stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sigma Lithium stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sigma Lithium stock over time.
   Current vs Lagged Prices   
Share
       Timeline  

Sigma Lithium Lagged Returns

When evaluating Sigma Lithium's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sigma Lithium stock have on its future price. Sigma Lithium 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, Sigma Lithium autocorrelation shows the relationship between Sigma Lithium stock current value and its past values and can show if there is a momentum factor associated with investing in Sigma Lithium Corp.
   Regressed Prices   
Share
       Timeline  

Be your own money manager

Our tools can tell you how much better you can do entering a position in Sigma Lithium without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Equity Valuation Now

   

Equity Valuation

Check real value of public entities based on technical and fundamental data
All  Next Launch Module

Currently Active Assets on Macroaxis

Additionally, take a look at Sigma Lithium Correlation, Sigma Lithium Volatility and Sigma Lithium Alpha and Beta module to complement your research on Sigma Lithium. You can also try Global Markets Map module to get a quick overview of global market snapshot using zoomable world map. Drill down to check world indexes.

Complementary Tools for analysis

When running Sigma Lithium Corp 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.
Insider Screener
Find insiders across different sectors to evaluate their impact on performance
Go
Options Analysis
Analyze and evaluate options and option chains as a potential hedge for your portfolios
Go
Headlines Timeline
Stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Premium Stories
Follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope
Go
Aroon Oscillator
Analyze current equity momentum using Aroon Oscillator and other momentum ratios
Go
Equity Analysis
Research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities
Go
Sigma Lithium technical stock 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, stock market cycles, or different charting patterns.
A focus of Sigma Lithium technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sigma Lithium 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...