Stoneridge Stock Price on May 1, 2024
| SRI Stock | USD 15.32 0.52 3.51% |
Below is the normalized historical share price chart for Stoneridge extending back to October 10, 1997. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Stoneridge stands at 15.32, as last reported on the 3rd of May, with the highest price reaching 15.43 and the lowest price hitting 14.72 during the day.
If you're considering investing in Stoneridge Stock, it is important to understand the factors that can impact its price. Stoneridge owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.11, which indicates the firm had a -0.11% return per unit of risk over the last 3 months. Stoneridge exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stoneridge's Risk Adjusted Performance of (0.07), coefficient of variation of (812.70), and Variance of 6.12 to confirm the risk estimate we provide.
As of now, Stoneridge's Stock Based Compensation is increasing as compared to previous years. The Stoneridge's current Stock Based Compensation To Revenue is estimated to increase to 0.01, while Total Stockholder Equity is projected to decrease to under 210.4 M. . As of now, Stoneridge's Price To Book Ratio is decreasing as compared to previous years. The Stoneridge's current Price Cash Flow Ratio is estimated to increase to 114.01, while Price To Sales Ratio is projected to decrease to 0.50. Stoneridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 10th of October 1997 | 200 Day MA 18.1866 | 50 Day MA 16.8358 | Beta 1.38 |
Stoneridge |
Sharpe Ratio = -0.1145
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Estimated Market Risk
| 2.45 actual daily | 21 79% of assets are more volatile |
Expected Return
| -0.28 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.11 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Stoneridge is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Stoneridge by adding Stoneridge to a well-diversified portfolio.
Price Book 1.5327 | Enterprise Value Ebitda 13.0397 | Price Sales 0.4519 | Shares Float 24.2 M | Wall Street Target Price 26.5 |
Stoneridge Valuation on May 1, 2024
It is possible to determine the worth of Stoneridge on a given historical date. On May 1, 2024 Stoneridge was worth 14.92 at the beginning of the trading date compared to the closed value of 14.96. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stoneridge stock. Still, in general, we apply an absolute valuation method to find Stoneridge's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Stoneridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stoneridge's related companies.
| Open | High | Low | Close | Volume | |
| 15.27 | 15.40 | 14.83 | 14.98 | 115,508 | |
05/01/2024 | 14.92 | 15.40 | 14.89 | 14.96 | 104,884 |
| 14.97 | 15.43 | 14.72 | 14.80 | 183,721 |
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Stoneridge Trading Date Momentum on May 1, 2024
| On May 02 2024 Stoneridge was traded for 14.80 at the closing time. Highest Stoneridge's price during the trading hours was 15.43 and the lowest price during the day was 14.72 . The net volume was 183.7 K. The overall trading history on the 2nd of May contributed to the next trading period price depreciation. The trading price change to the next next day price was 1.07% . The trading price change to current price is 1.07% . |
Stoneridge Fundamentals Correlations and Trends
By evaluating Stoneridge's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Stoneridge's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Stoneridge financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Stoneridge Stock history
Stoneridge investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Stoneridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stoneridge will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Stoneridge stock prices may prove useful in developing a viable investing in Stoneridge
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 27.4 M | 26.9 M | |
| Net Loss | -16.2 M | -15.4 M |
Stoneridge Quarterly Net Working Capital |
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Stoneridge Stock Technical Analysis
Stoneridge 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.
Price Boundaries
Stoneridge Period Price Range
Low | May 1, 2024
| High |
14.92 | 14.96 |
Stoneridge May 3, 2024 Market Strength
Market strength indicators help investors to evaluate how Stoneridge stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Stoneridge shares will generate the highest return on investment. By undertsting and applying Stoneridge stock market strength indicators, traders can identify Stoneridge entry and exit signals to maximize returns
Stoneridge Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Stoneridge's price direction in advance. Along with the technical and fundamental analysis of Stoneridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stoneridge to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | (0.07) | |||
| Jensen Alpha | (0.42) | |||
| Total Risk Alpha | (0.49) | |||
| Treynor Ratio | (0.13) |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Stoneridge. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. For more detail on how to invest in Stoneridge Stock please use our How to Invest in Stoneridge guide.You can also try the Idea Analyzer module to analyze all characteristics, volatility and risk-adjusted return of Macroaxis ideas.
Complementary Tools for Stoneridge Stock analysis
When running Stoneridge's price analysis, check to measure Stoneridge'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 Stoneridge is operating at the current time. Most of Stoneridge's value examination focuses on studying past and present price action to predict the probability of Stoneridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stoneridge's price. Additionally, you may evaluate how the addition of Stoneridge to your portfolios can decrease your overall portfolio volatility.
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Is Stoneridge'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 Stoneridge. If investors know Stoneridge 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 Stoneridge 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 1.948 | Earnings Share (0.14) | Revenue Per Share 35.421 | Quarterly Revenue Growth (0.01) | Return On Assets 0.0202 |
The market value of Stoneridge is measured differently than its book value, which is the value of Stoneridge that is recorded on the company's balance sheet. Investors also form their own opinion of Stoneridge's value that differs from its market value or its book value, called intrinsic value, which is Stoneridge'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 Stoneridge's market value can be influenced by many factors that don't directly affect Stoneridge'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 Stoneridge's value and its price as these two are different measures arrived at by different means. Investors typically determine if Stoneridge is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Stoneridge'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.