Suncoke Energy Stock Market Value
| SXC Stock | USD 10.31 0.14 1.34% |
| Symbol | SunCoke |
SunCoke Energy Price To Book Ratio
Is SunCoke Energy'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 SunCoke Energy. If investors know SunCoke 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 SunCoke Energy 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 0.211 | Dividend Share 0.38 | Earnings Share 0.72 | Revenue Per Share 24.33 | Quarterly Revenue Growth 0.001 |
The market value of SunCoke Energy is measured differently than its book value, which is the value of SunCoke that is recorded on the company's balance sheet. Investors also form their own opinion of SunCoke Energy's value that differs from its market value or its book value, called intrinsic value, which is SunCoke Energy'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 SunCoke Energy's market value can be influenced by many factors that don't directly affect SunCoke Energy'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 SunCoke Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SunCoke Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SunCoke Energy'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.
SunCoke Energy '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 SunCoke Energy'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 SunCoke Energy.
| 02/11/2024 |
| 05/11/2024 |
If you would invest 0.00 in SunCoke Energy on February 11, 2024 and sell it all today you would earn a total of 0.00 from holding SunCoke Energy or generate 0.0% return on investment in SunCoke Energy over 90 days. SunCoke Energy is related to or competes with Arch Resources, Alpha Metallurgical, and American Resources. SunCoke Energy, Inc. operates as an independent producer of coke in the Americas and Brazil More
SunCoke Energy 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 SunCoke Energy'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 SunCoke Energy upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.09) | |||
| Maximum Drawdown | 8.71 | |||
| Value At Risk | (2.85) | |||
| Potential Upside | 3.03 |
SunCoke Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SunCoke Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SunCoke Energy's standard deviation. In reality, there are many statistical measures that can use SunCoke Energy historical prices to predict the future SunCoke Energy's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.14) | |||
| Total Risk Alpha | (0.33) | |||
| Treynor Ratio | (0.21) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SunCoke Energy'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.
SunCoke Energy Backtested Returns
SunCoke Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0582, which indicates the firm had a -0.0582% return per unit of risk over the last 3 months. SunCoke Energy exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SunCoke Energy's Variance of 3.58, coefficient of variation of (2,073), and Risk Adjusted Performance of (0.02) to confirm the risk estimate we provide. The entity has a beta of 0.49, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SunCoke Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding SunCoke Energy is expected to be smaller as well. SunCoke Energy has an expected return of -0.11%. Please make sure to validate SunCoke Energy treynor ratio, kurtosis, as well as the relationship between the Kurtosis and day typical price , to decide if SunCoke Energy performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.11 |
Insignificant predictability
SunCoke Energy has insignificant predictability. Overlapping area represents the amount of predictability between SunCoke Energy time series from 11th of February 2024 to 27th of March 2024 and 27th of March 2024 to 11th 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 SunCoke Energy price movement. The serial correlation of 0.11 indicates that less than 11.0% of current SunCoke Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.11 | |
| Spearman Rank Test | 0.0 | |
| Residual Average | 0.0 | |
| Price Variance | 0.15 |
SunCoke Energy lagged returns against current returns
Autocorrelation, which is SunCoke Energy 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 SunCoke Energy's stock expected returns. We can calculate the autocorrelation of SunCoke Energy returns to help us make a trade decision. For example, suppose you find that SunCoke Energy 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 |
SunCoke Energy 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 SunCoke Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SunCoke Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SunCoke Energy stock over time.
Current vs Lagged Prices |
| Timeline |
SunCoke Energy Lagged Returns
When evaluating SunCoke Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SunCoke Energy stock have on its future price. SunCoke Energy 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, SunCoke Energy autocorrelation shows the relationship between SunCoke Energy stock current value and its past values and can show if there is a momentum factor associated with investing in SunCoke Energy.
Regressed Prices |
| Timeline |
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards SunCoke Energy in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, SunCoke Energy's short interest history, or implied volatility extrapolated from SunCoke Energy options trading.
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When determining whether SunCoke Energy offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of SunCoke Energy'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 Suncoke Energy Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Suncoke Energy Stock:Check out SunCoke Energy Correlation, SunCoke Energy Volatility and SunCoke Energy Alpha and Beta module to complement your research on SunCoke Energy. For information on how to trade SunCoke Stock refer to our How to Trade SunCoke Stock guide.You can also try the Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
Complementary Tools for SunCoke Stock analysis
When running SunCoke Energy's price analysis, check to measure SunCoke Energy'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 SunCoke Energy is operating at the current time. Most of SunCoke Energy's value examination focuses on studying past and present price action to predict the probability of SunCoke Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SunCoke Energy's price. Additionally, you may evaluate how the addition of SunCoke Energy to your portfolios can decrease your overall portfolio volatility.
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SunCoke Energy 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.