SBA Communications Stock Market Value

SBAC Stock

USD 251.20 5.21 2.03%

SBA Communications' market value is the price at which a share of SBA Communications stock trades on a public exchange. It measures the collective expectations of SBA Communications Corp investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of SBA Communications Corp and determine expected loss or profit from investing in SBA Communications over a given investment horizon. Check out SBA Communications Correlation, SBA Communications Volatility and SBA Communications Alpha and Beta module to complement your research on SBA Communications. For information on how to trade SBA Communications Stock refer to our How to Trade SBA Communications Stock guide.

Symbol

SBA Communications Corp company Valuation

Is SBA Communications' 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 SBA Communications. If investors know SBA Communications 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 SBA Communications 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

1.161

Dividend Share

2.84

Earnings Share

4.38

Revenue Per Share

24.394

Quarterly Revenue Growth

0.153

The market value of SBA Communications Corp is measured differently than its book value, which is the value of SBA Communications that is recorded on the company's balance sheet. Investors also form their own opinion of SBA Communications' value that differs from its market value or its book value, called intrinsic value, which is SBA Communications' 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 SBA Communications' market value can be influenced by many factors that don't directly affect SBA Communications' 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 SBA Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine SBA Communications value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SBA Communications' 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.

SBA Communications '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 SBA Communications' 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 SBA Communications.

0.00

02/25/2023

No Change 0.00

0.0

In 31 days

03/27/2023

0.00

If you would invest 0.00 in SBA Communications on February 25, 2023 and sell it all today you would earn a total of 0.00 from holding SBA Communications Corp or generate 0.0% return on investment in SBA Communications over 30 days. SBA Communications is related to or competes with Western Digital, Tesla, Visteon Corp, Gentex, BRP, and Cars. SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infr... More

SBA Communications 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 SBA Communications' 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 SBA Communications Corp upside and downside potential and time the market with a certain degree of confidence.

	Information Ratio	(0.039405)
	Maximum Drawdown	9.23
	Value At Risk	(3.55)
	Potential Upside	3.72

SBA Communications Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for SBA Communications' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SBA Communications' standard deviation. In reality, there are many statistical measures that can use SBA Communications historical prices to predict the future SBA Communications' volatility.

	Risk Adjusted Performance	(0.038651)
	Jensen Alpha	(0.08)
	Total Risk Alpha	(0.05)
	Treynor Ratio	(0.09)

Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of SBA Communications' 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. Please use the tools below to analyze the current value of SBA Communications in the context of predictive analytics.

Hype

Prediction

Low	Estimated Value	High
254.72	256.81	258.90

Details

Intrinsic

Valuation

Low	Real Value	High
230.77	261.39	263.48

Details

15 Analysts

Consensus

Low	Target Price	High
297.00	335.60	410.00

Details

Earnings

Estimates (8)

Low	Projected EPS	High
2.84	2.89	2.95

Details

Please note, it is not enough to conduct a financial or market analysis of a single entity such as SBA Communications. Your research has to be compared to or analyzed against SBA Communications' peers to derive any actionable benefits. When done correctly, SBA Communications' competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy towards taking a position in SBA Communications Corp.

SBA Communications Corp Backtested Returns

SBA Communications Corp retains Efficiency (Sharpe Ratio) of -0.0618, which indicates the company had -0.0618% of return per unit of risk over the last 3 months. Macroaxis approach towards measuring the risk of any stock is to look at both systematic and unsystematic factors of the business, including all available market data and technical indicators. SBA Communications exposes twenty-eight different technical indicators, which can help you to evaluate volatility that cannot be diversified away. Please be advised to validate SBA Communications Corp market risk adjusted performance of (0.08), and Standard Deviation of 2.03 to confirm the risk estimate we provide.

The firm owns a Beta (Systematic Risk) of 1.1624, which indicates a somewhat significant risk relative to the market. Let's try to break down what SBA Communications's beta means in this case. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, SBA Communications will likely underperform. Even though it is essential to pay attention to SBA Communications Corp existing price patterns, it is always good to be careful when utilizing equity price patterns. Our approach towards measuring any stock's future performance is to check both, its past performance charts as well as the business as a whole, including all available technical indicators. SBA Communications exposes twenty-eight different technical indicators, which can help you to evaluate its performance. SBA Communications Corp has an expected return of -0.13%. Please be advised to validate SBA Communications Corp downside deviation, total risk alpha, value at risk, as well as the relationship between the information ratio and treynor ratio to decide if SBA Communications Corp performance from the past will be repeated in the future.

Auto-correlation

0.09

Virtually no predictability

SBA Communications Corp has virtually no predictability. Overlapping area represents the amount of predictability between SBA Communications time series from 25th of February 2023 to 12th of March 2023 and 12th of March 2023 to 27th of March 2023. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SBA Communications Corp price movement. The serial correlation of 0.09 indicates that less than 9.0% of current SBA Communications price fluctuation can be explain by its past prices.

	Correlation Coefficient	0.09
	Spearman Rank Test	-0.26
	Residual Average	0.0
	Price Variance	17.73

SBA Communications Corp lagged returns against current returns

Autocorrelation, which is SBA Communications 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 SBA Communications' stock expected returns. We can calculate the autocorrelation of SBA Communications returns to help us make a trade decision. For example, suppose you find that SBA Communications stock 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 stock movement to match the lagging time series.

Current and Lagged Values

Timeline

SBA Communications 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 SBA Communications stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SBA Communications stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SBA Communications stock over time.

Current vs Lagged Prices

Timeline

SBA Communications Lagged Returns

When evaluating SBA Communications' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SBA Communications stock have on its future price. SBA Communications 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, SBA Communications autocorrelation shows the relationship between SBA Communications stock current value and its past values and can show if there is a momentum factor associated with investing in SBA Communications Corp.

Regressed Prices

Timeline

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Our tools can tell you how much better you can do entering a position in SBA Communications without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Check out SBA Communications Correlation, SBA Communications Volatility and SBA Communications Alpha and Beta module to complement your research on SBA Communications. For information on how to trade SBA Communications Stock refer to our How to Trade SBA Communications Stock guide. Note that the SBA Communications Corp information on this page should be used as a complementary analysis to other SBA Communications' 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 Headlines Timeline module to stay connected to all market stories and filter out noise. Drill down to analyze hype elasticity.

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When running SBA Communications Corp price analysis, check to measure SBA Communications' 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 SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.

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SBA Communications 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.

Volatility Indicators

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Value Movement

View

A focus of SBA Communications technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SBA Communications 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...

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SBA Communications Stock Market Value

SBA Communications Corp company Valuation

SBA Communications 'What if' Analysis

SBA Communications Upside/Downside Indicators

SBA Communications Market Risk Indicators

SBA Communications Corp Backtested Returns

Auto-correlation

Virtually no predictability

SBA Communications Corp lagged returns against current returns

SBA Communications regressed lagged prices vs. current prices

SBA Communications Lagged Returns

Be your own money manager

Did you try this?

Run Equity Analysis Now

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