Sandridge Energy Stock Technical Analysis
| SD Stock | USD 14.32 0.03 0.21% |
As of the 18th of April 2024, SandRidge Energy has the Semi Deviation of 2.04, coefficient of variation of 760.69, and Risk Adjusted Performance of 0.0898. In relation to fundamental indicators, the technical analysis model makes it possible for you to check existing technical drivers of SandRidge Energy, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to break down nineteen technical drivers for SandRidge Energy, which can be compared to its competition. Please validate SandRidge Energy variance, value at risk, as well as the relationship between the Value At Risk and skewness to decide if SandRidge Energy is priced more or less accurately, providing market reflects its prevalent price of 14.32 per share. Given that SandRidge Energy has jensen alpha of 0.2113, we advise you to double-check SandRidge Energy's current market performance to make sure the company can sustain itself at a future point.
SandRidge Energy Momentum Analysis
Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SandRidge, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SandRidgeSandRidge |
SandRidge Energy Analyst Consensus
| Target Price | Advice | # of Analysts | |
| 14.0 | Strong Sell | 0 | Odds |
Most SandRidge analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SandRidge stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SandRidge Energy, talking to its executives and customers, or listening to SandRidge conference calls.
SandRidge Analyst Advice DetailsSandRidge 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.
SandRidge Energy Technical Analysis
The output start index for this execution was three with a total number of output elements of fifty-eight. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SandRidge Energy volatility. High ATR values indicate high volatility, and low values indicate low volatility.
SandRidge Energy Trend Analysis
Use this graph to draw trend lines for SandRidge Energy. You can use it to identify possible trend reversals for SandRidge Energy as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SandRidge Energy price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.SandRidge Energy Best Fit Change Line
The following chart estimates an ordinary least squares regression model for SandRidge Energy applied against its price change over selected period. The best fit line has a slop of 0.05 , which suggests that SandRidge Energy will keep on generating value for investors. It has 122 observation points and a regression sum of squares at 90.11, which is the sum of squared deviations for the predicted SandRidge Energy price change compared to its average price change.About SandRidge Energy Technical Analysis
The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SandRidge Energy on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SandRidge Energy based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SandRidge Energy price pattern first instead of the macroeconomic environment surrounding SandRidge Energy. By analyzing SandRidge Energy's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SandRidge Energy's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SandRidge Energy specific price patterns or momentum indicators. Please read more on our technical analysis page.
| 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.001881 | 0.16 | 0.17 | Price To Sales Ratio | 2.46 | 3.54 | 5.21 |
SandRidge Energy April 18, 2024 Technical Indicators
Most technical analysis of SandRidge help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SandRidge from various momentum indicators to cycle indicators. When you analyze SandRidge charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
| Risk Adjusted Performance | 0.0898 | |||
| Market Risk Adjusted Performance | 0.2746 | |||
| Mean Deviation | 1.35 | |||
| Semi Deviation | 2.04 | |||
| Downside Deviation | 2.31 | |||
| Coefficient Of Variation | 760.69 | |||
| Standard Deviation | 2.02 | |||
| Variance | 4.07 | |||
| Information Ratio | 0.104 | |||
| Jensen Alpha | 0.2113 | |||
| Total Risk Alpha | 0.1097 | |||
| Sortino Ratio | 0.0909 | |||
| Treynor Ratio | 0.2646 | |||
| Maximum Drawdown | 12.09 | |||
| Value At Risk | (1.55) | |||
| Potential Upside | 2.89 | |||
| Downside Variance | 5.32 | |||
| Semi Variance | 4.17 | |||
| Expected Short fall | (1.43) | |||
| Skewness | (1.24) | |||
| Kurtosis | 7.03 |
SandRidge Energy April 18, 2024 Daily Trend Indicators
Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SandRidge stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
| Accumulation Distribution | 3,283 | ||
| Daily Balance Of Power | 0.13 | ||
| Rate Of Daily Change | 1.00 | ||
| Day Median Price | 14.34 | ||
| Day Typical Price | 14.33 | ||
| Price Action Indicator | 0.00 |
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SandRidge Energy. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in unemployment. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.Note that the SandRidge Energy information on this page should be used as a complementary analysis to other SandRidge Energy'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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.
Complementary Tools for SandRidge Stock analysis
When running SandRidge Energy's price analysis, check to measure SandRidge 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 SandRidge Energy is operating at the current time. Most of SandRidge Energy's value examination focuses on studying past and present price action to predict the probability of SandRidge 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 SandRidge Energy's price. Additionally, you may evaluate how the addition of SandRidge Energy to your portfolios can decrease your overall portfolio volatility.
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Is SandRidge 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 SandRidge Energy. If investors know SandRidge 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 SandRidge 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 (0.98) | Dividend Share 0.2 | Earnings Share 1.64 | Revenue Per Share 4.024 | Quarterly Revenue Growth (0.40) |
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge 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 SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge 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 SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge 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.