Sifco Industries Stock Market Value
| SIF Stock | USD 3.10 0.10 3.33% |
| Symbol | SIFCO |
SIFCO Industries Price To Book Ratio
Is SIFCO Industries' 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 SIFCO Industries. If investors know SIFCO 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 SIFCO Industries 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 (0.90) | Earnings Share (1.47) | Revenue Per Share 14.599 | Quarterly Revenue Growth (0.01) | Return On Assets (0.04) |
The market value of SIFCO Industries is measured differently than its book value, which is the value of SIFCO that is recorded on the company's balance sheet. Investors also form their own opinion of SIFCO Industries' value that differs from its market value or its book value, called intrinsic value, which is SIFCO Industries' 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 SIFCO Industries' market value can be influenced by many factors that don't directly affect SIFCO Industries' 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 SIFCO Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if SIFCO Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SIFCO Industries' 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.
SIFCO Industries '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 SIFCO Industries' 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 SIFCO Industries.
| 03/25/2024 |
| 04/24/2024 |
If you would invest 0.00 in SIFCO Industries on March 25, 2024 and sell it all today you would earn a total of 0.00 from holding SIFCO Industries or generate 0.0% return on investment in SIFCO Industries over 30 days. SIFCO Industries is related to or competes with HEICO, L3Harris Technologies, Huntington Ingalls, Lockheed Martin, Northrop Grumman, and General Dynamics. SIFCO Industries, Inc. produces and sells forgings and machined components primarily for the aerospace and energy market... More
SIFCO Industries 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 SIFCO Industries' 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 SIFCO Industries upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.5 | |||
| Information Ratio | (0.02) | |||
| Maximum Drawdown | 20.0 | |||
| Value At Risk | (3.98) | |||
| Potential Upside | 4.24 |
SIFCO Industries Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SIFCO Industries' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SIFCO Industries' standard deviation. In reality, there are many statistical measures that can use SIFCO Industries historical prices to predict the future SIFCO Industries' volatility.| Risk Adjusted Performance | 0.0139 | |||
| Jensen Alpha | 0.0488 | |||
| Total Risk Alpha | (0.38) | |||
| Sortino Ratio | (0.02) | |||
| Treynor Ratio | (0.05) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SIFCO Industries' 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.
SIFCO Industries Backtested Returns
SIFCO Industries owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0207, which indicates the firm had a -0.0207% return per unit of volatility over the last 3 months. SIFCO Industries exposes twenty-nine different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SIFCO Industries' coefficient of variation of 10337.21, and Risk Adjusted Performance of 0.0139 to confirm the risk estimate we provide. The entity has a beta of -0.36, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, returns on owning SIFCO Industries are expected to decrease at a much lower rate. During the bear market, SIFCO Industries is likely to outperform the market. SIFCO Industries has an expected return of -0.0604%. Please make sure to validate SIFCO Industries total risk alpha, expected short fall, price action indicator, as well as the relationship between the value at risk and daily balance of power , to decide if SIFCO Industries performance from the past will be repeated at future time.
Auto-correlation | 0.04 |
Virtually no predictability
SIFCO Industries has virtually no predictability. Overlapping area represents the amount of predictability between SIFCO Industries time series from 25th of March 2024 to 9th of April 2024 and 9th of April 2024 to 24th 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 SIFCO Industries price movement. The serial correlation of 0.04 indicates that only as little as 4.0% of current SIFCO Industries price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.04 | |
| Spearman Rank Test | -0.13 | |
| Residual Average | 0.0 | |
| Price Variance | 0.0 |
SIFCO Industries lagged returns against current returns
Autocorrelation, which is SIFCO Industries 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 SIFCO Industries' stock expected returns. We can calculate the autocorrelation of SIFCO Industries returns to help us make a trade decision. For example, suppose you find that SIFCO Industries 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 |
SIFCO Industries 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 SIFCO Industries stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SIFCO Industries stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SIFCO Industries stock over time.
Current vs Lagged Prices |
| Timeline |
SIFCO Industries Lagged Returns
When evaluating SIFCO Industries' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SIFCO Industries stock have on its future price. SIFCO Industries 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, SIFCO Industries autocorrelation shows the relationship between SIFCO Industries stock current value and its past values and can show if there is a momentum factor associated with investing in SIFCO Industries.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether SIFCO Industries is a strong investment it is important to analyze SIFCO Industries' 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 SIFCO Industries' future performance. For an informed investment choice regarding SIFCO Stock, refer to the following important reports:Check out SIFCO Industries Correlation, SIFCO Industries Volatility and SIFCO Industries Alpha and Beta module to complement your research on SIFCO Industries. For more detail on how to invest in SIFCO Stock please use our How to Invest in SIFCO Industries guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for SIFCO Stock analysis
When running SIFCO Industries' price analysis, check to measure SIFCO Industries' 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 SIFCO Industries is operating at the current time. Most of SIFCO Industries' value examination focuses on studying past and present price action to predict the probability of SIFCO Industries' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SIFCO Industries' price. Additionally, you may evaluate how the addition of SIFCO Industries to your portfolios can decrease your overall portfolio volatility.
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SIFCO Industries 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.