Sirona Biochem (Germany) Market Value
| ZSB Stock | EUR 0.04 0.00 0.00% |
| Symbol | Sirona |
Sirona Biochem '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 Sirona Biochem'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 Sirona Biochem.
| 04/21/2025 |
| 07/20/2025 |
If you would invest 0.00 in Sirona Biochem on April 21, 2025 and sell it all today you would earn a total of 0.00 from holding Sirona Biochem Corp or generate 0.0% return on investment in Sirona Biochem over 90 days. Sirona Biochem is related to or competes with RETAIL FOOD, Ross Stores, ULTRA CLEAN, COSTCO WHOLESALE, Fuji Media, Fast Retailing, and Flutter Entertainment. Sirona Biochem Corp. operates as a cosmetic ingredient and drug discovery company in Canada and France More
Sirona Biochem 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 Sirona Biochem'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 Sirona Biochem Corp upside and downside potential and time the market with a certain degree of confidence.
Sirona Biochem Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirona Biochem's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirona Biochem's standard deviation. In reality, there are many statistical measures that can use Sirona Biochem historical prices to predict the future Sirona Biochem's volatility.Sirona Biochem Corp Backtested Returns
We have found three technical indicators for Sirona Biochem Corp, which you can use to evaluate the volatility of the company. The entity has a beta of 0.0, which indicates not very significant fluctuations relative to the market. the returns on MARKET and Sirona Biochem are completely uncorrelated.
Auto-correlation | 0.00 |
No correlation between past and present
Sirona Biochem Corp has no correlation between past and present. Overlapping area represents the amount of predictability between Sirona Biochem time series from 21st of April 2025 to 5th of June 2025 and 5th of June 2025 to 20th of July 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sirona Biochem Corp price movement. The serial correlation of 0.0 indicates that just 0.0% of current Sirona Biochem price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.0 | |
| Spearman Rank Test | 1.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
Sirona Biochem Corp lagged returns against current returns
Autocorrelation, which is Sirona Biochem 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 Sirona Biochem's stock expected returns. We can calculate the autocorrelation of Sirona Biochem returns to help us make a trade decision. For example, suppose you find that Sirona Biochem 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sirona Biochem 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 Sirona Biochem stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirona Biochem stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirona Biochem stock over time.
Current vs Lagged Prices |
| Timeline |
Sirona Biochem Lagged Returns
When evaluating Sirona Biochem's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sirona Biochem stock have on its future price. Sirona Biochem 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, Sirona Biochem autocorrelation shows the relationship between Sirona Biochem stock current value and its past values and can show if there is a momentum factor associated with investing in Sirona Biochem Corp.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
Other Information on Investing in Sirona Stock
Sirona Biochem financial ratios help investors to determine whether Sirona Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Sirona with respect to the benefits of owning Sirona Biochem security.