Security National Financial Stock Market Value
| SNFCA Stock | USD 6.70 0.11 1.67% |
| Symbol | Security |
Security National Price To Book Ratio
Is Security National'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 Security National. If investors know Security 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 Security National 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 (0.86) | Earnings Share 0.64 | Revenue Per Share 14.422 | Quarterly Revenue Growth (0.31) | Return On Assets 0.0092 |
The market value of Security National is measured differently than its book value, which is the value of Security that is recorded on the company's balance sheet. Investors also form their own opinion of Security National's value that differs from its market value or its book value, called intrinsic value, which is Security National'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 Security National's market value can be influenced by many factors that don't directly affect Security National'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 Security National's value and its price as these two are different measures arrived at by different means. Investors typically determine if Security National is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Security National'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.
Security National '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 Security National'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 Security National.
| 11/08/2023 |
| 05/06/2024 |
If you would invest 0.00 in Security National on November 8, 2023 and sell it all today you would earn a total of 0.00 from holding Security National Financial or generate 0.0% return on investment in Security National over 180 days. Security National is related to or competes with Encore Capital, Timbercreek Financial, and Guild HoldingsCo. Security National Financial Corporation engages in the life insurance, cemetery and mortuary, and mortgage businesses More
Security National 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 Security National'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 Security National Financial upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.12) | |||
| Maximum Drawdown | 14.12 | |||
| Value At Risk | (3.60) | |||
| Potential Upside | 4.14 |
Security National Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Security National's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Security National's standard deviation. In reality, there are many statistical measures that can use Security National historical prices to predict the future Security National's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.36) | |||
| Total Risk Alpha | (0.52) | |||
| Treynor Ratio | (0.14) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Security National'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.
Security National Backtested Returns
Security National owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0837, which indicates the firm had a -0.0837% return per unit of risk over the last 3 months. Security National Financial exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Security National's Coefficient Of Variation of (1,138), risk adjusted performance of (0.05), and Variance of 6.72 to confirm the risk estimate we provide. The entity has a beta of 1.73, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Security National will likely underperform. Security National has an expected return of -0.22%. Please make sure to validate Security National jensen alpha, value at risk, accumulation distribution, as well as the relationship between the treynor ratio and skewness , to decide if Security National performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
Security National Financial has insignificant predictability. Overlapping area represents the amount of predictability between Security National time series from 8th of November 2023 to 6th of February 2024 and 6th of February 2024 to 6th of May 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 Security National price movement. The serial correlation of 0.11 indicates that less than 11.0% of current Security National price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | -0.39 | |
| Residual Average | 0.0 | |
| Price Variance | 0.39 |
Security National lagged returns against current returns
Autocorrelation, which is Security National 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 Security National's stock expected returns. We can calculate the autocorrelation of Security National returns to help us make a trade decision. For example, suppose you find that Security National 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 |
Security National 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 Security National stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Security National stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Security National stock over time.
Current vs Lagged Prices |
| Timeline |
Security National Lagged Returns
When evaluating Security National's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Security National stock have on its future price. Security National 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, Security National autocorrelation shows the relationship between Security National stock current value and its past values and can show if there is a momentum factor associated with investing in Security National Financial.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Security National offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Security National's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Security National Financial Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Security National Financial Stock:Check out Security National Correlation, Security National Volatility and Security National Alpha and Beta module to complement your research on Security National. Note that the Security National information on this page should be used as a complementary analysis to other Security National'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 Idea Optimizer module to use advanced portfolio builder with pre-computed micro ideas to build optimal portfolio .
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When running Security National's price analysis, check to measure Security National'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 Security National is operating at the current time. Most of Security National's value examination focuses on studying past and present price action to predict the probability of Security National's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Security National's price. Additionally, you may evaluate how the addition of Security National to your portfolios can decrease your overall portfolio volatility.
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Security National 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.