Stock
Siemens Aktiengesellschaft
Official Company Name: Siemens AG
Stock Symbol: SIEME
Stock Market: Budapest Stock Exchange - BudSE
Currency: Hungarian forint - HUF
Germany
Company Description
Siemens is a global technology company specializing in areas of automation and digitalization. It operates through Digital Industries, Smart Infrastructure, Mobility, Siemens Healthineers, and Siemens Financial Services segments. The company offers various products and services such as automation systems, numerical control systems, process control systems, cloud-based IoT operating systems, electrification products, transportation solutions, healthcare diagnostic and therapeutic products, and financial services.
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Past performance is not a guarantee of future performance. Patterns tend to repeat themselves, but they don't necessarily have to.
Successful backtests on past data do not guarantee the future success of the strategy backtested, especially as backtest overfitting may occur: when the price of a stock may fit particularly well a given trading strategy over a given period, but not necessarily outside of that period. Besides, backtests do not account for exact market conditions and may yield significantly different results in real trading practice (fees, slippage...).
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