Sinclair Broadcast Group Stock Market Value
| SBGI Stock | USD 12.74 0.32 2.58% |
| Symbol | Sinclair |
Sinclair Broadcast Price To Book Ratio
Is Sinclair Broadcast'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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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 (0.93) | Dividend Share 1 | Earnings Share (4.46) | Revenue Per Share 48.123 | Quarterly Revenue Growth (0.14) |
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.
Sinclair Broadcast '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 Sinclair Broadcast's 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 Sinclair Broadcast.
| 03/26/2024 |
| 04/25/2024 |
If you would invest 0.00 in Sinclair Broadcast on March 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sinclair Broadcast Group or generate 0.0% return on investment in Sinclair Broadcast over 30 days. Sinclair Broadcast is related to or competes with Disney, AMC Entertainment, and Netflix. Sinclair Broadcast Group, Inc. operates as a media company in the United States More
Sinclair Broadcast 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 Sinclair Broadcast's 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 Sinclair Broadcast Group upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.07) | |||
| Maximum Drawdown | 22.69 | |||
| Value At Risk | (5.64) | |||
| Potential Upside | 7.18 |
Sinclair Broadcast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinclair Broadcast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinclair Broadcast's standard deviation. In reality, there are many statistical measures that can use Sinclair Broadcast historical prices to predict the future Sinclair Broadcast's volatility.| Risk Adjusted Performance | (0.02) | |||
| Jensen Alpha | (0.39) | |||
| Total Risk Alpha | (0.79) | |||
| Treynor Ratio | (0.11) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sinclair Broadcast's 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.
Sinclair Broadcast Backtested Returns
Sinclair Broadcast owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0852, which indicates the firm had a -0.0852% return per unit of risk over the last 3 months. Sinclair Broadcast Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sinclair Broadcast's Risk Adjusted Performance of (0.02), variance of 17.51, and Coefficient Of Variation of (2,000) to confirm the risk estimate we provide. The entity has a beta of 2.02, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sinclair Broadcast will likely underperform. Sinclair Broadcast has an expected return of -0.34%. Please make sure to validate Sinclair Broadcast skewness, as well as the relationship between the rate of daily change and period momentum indicator , to decide if Sinclair Broadcast performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.59 |
Good reverse predictability
Sinclair Broadcast Group has good reverse predictability. Overlapping area represents the amount of predictability between Sinclair Broadcast time series from 26th of March 2024 to 10th of April 2024 and 10th of April 2024 to 25th of April 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sinclair Broadcast price movement. The serial correlation of -0.59 indicates that roughly 59.0% of current Sinclair Broadcast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.59 | |
| Spearman Rank Test | -0.05 | |
| Residual Average | 0.0 | |
| Price Variance | 0.08 |
Sinclair Broadcast lagged returns against current returns
Autocorrelation, which is Sinclair Broadcast 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 Sinclair Broadcast's stock expected returns. We can calculate the autocorrelation of Sinclair Broadcast returns to help us make a trade decision. For example, suppose you find that Sinclair Broadcast 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 price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sinclair Broadcast 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 Sinclair Broadcast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinclair Broadcast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinclair Broadcast stock over time.
Current vs Lagged Prices |
| Timeline |
Sinclair Broadcast Lagged Returns
When evaluating Sinclair Broadcast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinclair Broadcast stock have on its future price. Sinclair Broadcast 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, Sinclair Broadcast autocorrelation shows the relationship between Sinclair Broadcast stock current value and its past values and can show if there is a momentum factor associated with investing in Sinclair Broadcast Group.
Regressed Prices |
| Timeline |
Sinclair Broadcast Investors Sentiment
The influence of Sinclair Broadcast's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Sinclair. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Sinclair Broadcast's public news can be used to forecast risks associated with an investment in Sinclair. The trend in average sentiment can be used to explain how an investor holding Sinclair can time the market purely based on public headlines and social activities around Sinclair Broadcast Group. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Sinclair Broadcast's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Sinclair Broadcast's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Sinclair Broadcast's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Sinclair Broadcast.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Sinclair Broadcast in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Sinclair Broadcast's short interest history, or implied volatility extrapolated from Sinclair Broadcast options trading.
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When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast'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 Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:Check out Sinclair Broadcast Correlation, Sinclair Broadcast Volatility and Sinclair Broadcast Alpha and Beta module to complement your research on Sinclair Broadcast. Note that the Sinclair Broadcast information on this page should be used as a complementary analysis to other Sinclair Broadcast'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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.
Complementary Tools for Sinclair Stock analysis
When running Sinclair Broadcast's price analysis, check to measure Sinclair Broadcast'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 Sinclair Broadcast is operating at the current time. Most of Sinclair Broadcast's value examination focuses on studying past and present price action to predict the probability of Sinclair Broadcast's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sinclair Broadcast's price. Additionally, you may evaluate how the addition of Sinclair Broadcast to your portfolios can decrease your overall portfolio volatility.
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Sinclair Broadcast 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.