Sfl Corporation Stock Market Value
SFL Stock | USD 13.00 0.19 1.48% |
Symbol | SFL |
SFL Corporation Price To Book Ratio
Is SFL'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 SFL. If investors know SFL 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 SFL listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.39) | Dividend Share 0.99 | Earnings Share 0.66 | Revenue Per Share 5.896 | Quarterly Revenue Growth 0.057 |
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.
SFL '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 SFL'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 SFL.
02/23/2024 |
| 04/23/2024 |
If you would invest 0.00 in SFL on February 23, 2024 and sell it all today you would earn a total of 0.00 from holding SFL Corporation or generate 0.0% return on investment in SFL over 60 days. SFL is related to or competes with International Seaways, Scorpio Tankers, Dorian LPG, Euronav NV, and Teekay Tankers. SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, ... More
SFL 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 SFL'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 SFL Corporation upside and downside potential and time the market with a certain degree of confidence.
Downside Deviation | 0.9934 | |||
Information Ratio | 0.0307 | |||
Maximum Drawdown | 9.43 | |||
Value At Risk | (1.54) | |||
Potential Upside | 1.99 |
SFL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SFL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SFL's standard deviation. In reality, there are many statistical measures that can use SFL historical prices to predict the future SFL's volatility.Risk Adjusted Performance | 0.0651 | |||
Jensen Alpha | 0.0573 | |||
Total Risk Alpha | (0.05) | |||
Sortino Ratio | 0.0418 | |||
Treynor Ratio | 0.1509 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SFL'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.
SFL Corporation Backtested Returns
We consider SFL not too volatile. SFL Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0851, which indicates the firm had a 0.0851% return per unit of volatility over the last 3 months. We have found twenty-nine technical indicators for SFL Corporation, which you can use to evaluate the volatility of the company. Please validate SFL's coefficient of variation of 1032.4, and Risk Adjusted Performance of 0.0651 to confirm if the risk estimate we provide is consistent with the expected return of 0.12%. SFL has a performance score of 6 on a scale of 0 to 100. The entity has a beta of 0.8, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SFL's returns are expected to increase less than the market. However, during the bear market, the loss of holding SFL is expected to be smaller as well. SFL Corporation currently has a risk of 1.37%. Please validate SFL expected short fall, and the relationship between the maximum drawdown and rate of daily change , to decide if SFL will be following its existing price patterns.
Auto-correlation | 0.09 |
Virtually no predictability
SFL Corporation has virtually no predictability. Overlapping area represents the amount of predictability between SFL time series from 23rd of February 2024 to 24th of March 2024 and 24th of March 2024 to 23rd of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SFL Corporation price movement. The serial correlation of 0.09 indicates that less than 9.0% of current SFL price fluctuation can be explain by its past prices.
Correlation Coefficient | 0.09 | |
Spearman Rank Test | -0.31 | |
Residual Average | 0.0 | |
Price Variance | 0.07 |
SFL Corporation lagged returns against current returns
Autocorrelation, which is SFL 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 SFL's stock expected returns. We can calculate the autocorrelation of SFL returns to help us make a trade decision. For example, suppose you find that SFL 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 |
SFL 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 SFL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SFL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SFL stock over time.
Current vs Lagged Prices |
Timeline |
SFL Lagged Returns
When evaluating SFL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SFL stock have on its future price. SFL 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, SFL autocorrelation shows the relationship between SFL stock current value and its past values and can show if there is a momentum factor associated with investing in SFL Corporation.
Regressed Prices |
Timeline |
Currently Active Assets on Macroaxis
When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:Check out SFL Correlation, SFL Volatility and SFL Alpha and Beta module to complement your research on SFL. Note that the SFL Corporation information on this page should be used as a complementary analysis to other SFL'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 the Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.
Complementary Tools for SFL Stock analysis
When running SFL's price analysis, check to measure SFL'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 SFL is operating at the current time. Most of SFL's value examination focuses on studying past and present price action to predict the probability of SFL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SFL's price. Additionally, you may evaluate how the addition of SFL to your portfolios can decrease your overall portfolio volatility.
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SFL 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.