Sfl Corporation Stock Technical Analysis

SFL Stock  USD 13.12  0.04  0.31%   
As of the 28th of March, SFL has the coefficient of variation of 591.07, and Risk Adjusted Performance of 0.0999. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of SFL Corporation, 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 analyze and collect data for nineteen technical drivers for SFL Corporation, which can be compared to its competition. Please validate SFL Corporation standard deviation, maximum drawdown, as well as the relationship between the Maximum Drawdown and expected short fall to decide if SFL is priced adequately, providing market reflects its prevalent price of 13.12 per share. Given that SFL Corporation has jensen alpha of 0.1321, we advise you to double-check SFL Corporation's current market performance to make sure the company can sustain itself at some point in the future.

SFL Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SFL, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SFL
  
SFL's Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

SFL Analyst Consensus

Target PriceAdvice# of Analysts
11.5Buy5Odds
SFL Corporation current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SFL 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 SFL stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SFL Corporation, talking to its executives and customers, or listening to SFL conference calls.
SFL Analyst Advice Details
SFL 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 SFL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SFL 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...

SFL Corporation Technical Analysis

Indicator
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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 SFL Corporation volatility. High ATR values indicate high volatility, and low values indicate low volatility.

SFL Corporation Trend Analysis

Use this graph to draw trend lines for SFL Corporation. You can use it to identify possible trend reversals for SFL 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 SFL price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SFL Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SFL Corporation applied against its price change over selected period. The best fit line has a slop of   0.04  , which may imply that SFL Corporation will maintain its good market sentiment and make money for investors. It has 122 observation points and a regression sum of squares at 53.14, which is the sum of squared deviations for the predicted SFL price change compared to its average price change.

About SFL 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 SFL Corporation 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 SFL Corporation based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SFL Corporation price pattern first instead of the macroeconomic environment surrounding SFL Corporation. By analyzing SFL'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 SFL'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 SFL specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2021 2022 2023 2024 (projected)
Dividend Yield0.07790.09130.08640.08
Price To Sales Ratio1.941.821.893.38

SFL March 28, 2024 Technical Indicators

Most technical analysis of SFL 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 SFL from various momentum indicators to cycle indicators. When you analyze SFL 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.

SFL March 28, 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 SFL 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.
When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
Note that the SFL Corporation information on this page should be used as a complementary analysis to other SFL'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 Portfolio Diagnostics module to use generated alerts and portfolio events aggregator to diagnose current holdings.

Complementary Tools for SFL Stock analysis

When running SFL's price analysis, check to measure SFL'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 SFL is operating at the current time. Most of SFL's value examination focuses on studying past and present price action to predict the probability of SFL's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SFL's price. Additionally, you may evaluate how the addition of SFL to your portfolios can decrease your overall portfolio volatility.
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Is SFL'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 SFL. If investors know SFL 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 SFL 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
(0.39)
Dividend Share
0.99
Earnings Share
0.66
Revenue Per Share
5.896
Quarterly Revenue Growth
0.057
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.