Stoneridge Stock Price on August 28, 2018

SRI Stock  USD 18.44  0.54  3.02%   
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 18.44, as last reported on the 29th of March, with the highest price reaching 18.45 and the lowest price hitting 17.96 during the day.
IPO Date
10th of October 1997
200 Day MA
18.4393
50 Day MA
17.707
Beta
1.385
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
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 -0.0121, which indicates the firm had a -0.0121% return per unit of risk over the last 3 months. Stoneridge exposes twenty-two different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stoneridge's Coefficient Of Variation of (3,059), variance of 5.43, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
The Stoneridge's current Stock Based Compensation is estimated to increase to about 4.7 M, 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 Earnings Ratio is forecasted to increase to (98.44). Stoneridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0121

Best PortfolioBest Equity
Good Returns
Average Returns
Small Returns
CashSmall RiskAverage RiskHigh RiskHuge Risk
Negative ReturnsSRI

Estimated Market Risk

 2.4
  actual daily
21
79% of assets are more volatile

Expected Return

 -0.03
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.01
  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
1.7142
Enterprise Value Ebitda
14.1759
Price Sales
0.5054
Shares Float
24.1 M
Wall Street Target Price
27

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.

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 ReportedProjected for 2024
Common Stock Shares Outstanding27.4 M26.9 M
Net Loss-16.2 M-15.4 M

Stoneridge Quarterly Net Working Capital

251.15 Million

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.
A focus of Stoneridge technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Stoneridge trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Stoneridge Period Price Range

Stoneridge March 29, 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.
When determining whether Stoneridge offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Stoneridge'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 Stoneridge Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Stoneridge Stock:
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 Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

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.
Latest Portfolios
Quick portfolio dashboard that showcases your latest portfolios
Performance Analysis
Check effects of mean-variance optimization against your current asset allocation
Funds Screener
Find actively-traded funds from around the world traded on over 30 global exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Portfolio Volatility
Check portfolio volatility and analyze historical return density to properly model market risk
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
(0.19)
Revenue Per Share
35.558
Quarterly Revenue Growth
(0.01)
Return On Assets
0.0163
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.