Sirius Stock Market Value

SIRI -  USA Stock  

USD 6.08  0.01  0.16%

Sirius XM's market value is the price at which a share of Sirius XM stock trades on a public exchange. It measures the collective expectations of Sirius XM Holdings investors about the entity's future performance. With this module, you can estimate the performance of a buy and hold strategy of Sirius XM Holdings and determine expected loss or profit from investing in Sirius XM over a given investment horizon. Additionally, take a look at Sirius XM Hype Analysis, Sirius XM Correlation, Sirius XM Valuation, Sirius XM Volatility, as well as analyze Sirius XM Alpha and Beta and Sirius XM Performance.
Symbol
Backtest


The market value of Sirius XM Holdings is measured differently than its book value, which is the value of Sirius that is recorded on the company's balance sheet. Investors also form their own opinion of Sirius XM's value that differs from its market value or its book value, called intrinsic value, which is Sirius XM'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 Sirius XM's market value can be influenced by many factors that don't directly affect Sirius XM Holdings underlying business (such as pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sirius XM's value and its price as these two are different measures arrived at by different means. Investors typically determine Sirius XM value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sirius XM'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.

Sirius XM '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 Sirius XM'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 Sirius XM.
0.00
09/30/2019
No Change 0.00  0.0 
In 1 year 11 months and 21 days
09/19/2021
0.00
If you would invest  0.00  in Sirius XM on September 30, 2019 and sell it all today you would earn a total of 0.00 from holding Sirius XM Holdings or generate 0.0% return on investment in Sirius XM over 720 days. Sirius XM is related to or competes with Weibo Corp, Omnicom, Sohu Inc, Twitter, Boeing, Wal-Mart Stores, and HP. Sirius XM Holdings Inc. provides satellite radio services on a subscription fee basis in the United States

Sirius XM 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 Sirius XM'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 Sirius XM Holdings upside and downside potential and time the market with a certain degree of confidence.

Sirius XM Market Risk Indicators

Today, many novice investors tend to focus exclusively on investment returns with little concern for Sirius XM's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sirius XM's standard deviation. In reality, there are many statistical measures that can use Sirius XM historical prices to predict the future Sirius XM's volatility.
Sophisticated investors, who have witnessed many market ups and downs, frequently view the market will even out over time. This tendency of Sirius XM'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. Please use the tools below to analyze the current value of Sirius XM in the context of predictive analytics.
Hype
Prediction
LowEstimated ValueHigh
4.726.087.44
Details
Intrinsic
Valuation
LowReal ValueHigh
5.807.168.52
Details
Naive
Forecast
LowNext ValueHigh
4.565.917.27
Details
7 Analysts
Consensus
LowTarget PriceHigh
7.008.0910.25
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sirius XM. Your research has to be compared to or analyzed against Sirius XM's peers to derive any actionable benefits. When done correctly, Sirius XM's 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 Sirius XM Holdings.

Sirius XM Holdings Backtested Returns

We consider Sirius XM not too volatile. Sirius XM Holdings owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.009, which indicates the firm had 0.009% of return per unit of risk over the last 24 months. Our standpoint towards measuring the volatility of a stock is to use all available market data together with stock-specific technical indicators that cannot be diversified away. We have found twenty-seven technical indicators for Sirius XM Holdings, which you can use to evaluate the future volatility of the company. Please validate Sirius XM Coefficient Of Variation of 10069.76, risk adjusted performance of 0.0192, and Semi Deviation of 2.3 to confirm if the risk estimate we provide is consistent with the expected return of 0.0205%.
The entity has a beta of 0.8597, which indicates possible diversification benefits within a given portfolio. Let's try to break down what Sirius's beta means in this case. Sirius XM returns are very sensitive to returns on the market. As the market goes up or down, Sirius XM is expected to follow. Although it is extremely important to respect Sirius XM Holdings current price movements, it is better to be realistic regarding the information on equity historical returns. The philosophy towards measuring future performance of any stock is to evaluate the business as a whole together with its past performance, including all available fundamental and technical indicators. By inspecting Sirius XM Holdings technical indicators, you can presently evaluate if the expected return of 0.0205% will be sustainable into the future. Sirius XM Holdings right now has a risk of 2.28%. Please validate Sirius XM potential upside, as well as the relationship between the kurtosis and day typical price to decide if Sirius XM will be following its existing price patterns.
AdviceVolatility TrendExposureCorrelations

Auto-correlation

    
  (0.07)   

Very weak reverse predictability

Sirius XM Holdings has very weak reverse predictability. Overlapping area represents the amount of predictability between Sirius XM time series from 30th of September 2019 to 24th of September 2020 and 24th of September 2020 to 19th of September 2021. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sirius XM Holdings price movement. The serial correlation of -0.07 indicates that barely 7.0% of current Sirius XM price fluctuation can be explain by its past prices. Given that Sirius XM Holdings has negative autocorrelation for selected time horizon, investors may consider taking a contrarian position regarding future price movement of Sirius XM for similar time interval.
Correlation Coefficient-0.07
Spearman Rank Test-0.09
Residual Average0.0
Price Variance0.09

Sirius XM Holdings lagged returns against current returns

Autocorrelation, which is Sirius XM 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 Sirius XM's stock expected returns. We can calculate the autocorrelation of Sirius XM returns to help us make a trade decision. For example, suppose you find that Sirius XM 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 
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      Timeline 

Sirius XM 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 Sirius XM stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sirius XM stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sirius XM stock over time.
 Current vs Lagged Prices 
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      Timeline 

Sirius XM Lagged Returns

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

Sirius XM Investors Sentiment

The influence of Sirius XM'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 Sirius. 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 markets does not have a solid backing from leading economists and market statisticians.

Current Sentiment - SIRI

Sirius XM Holdings Investor Sentiment

Majority of Macroaxis users are at this time bullish on Sirius XM Holdings. What is your outlook on investing in Sirius XM Holdings? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish
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Additionally, take a look at Sirius XM Hype Analysis, Sirius XM Correlation, Sirius XM Valuation, Sirius XM Volatility, as well as analyze Sirius XM Alpha and Beta and Sirius XM Performance. Note that the Sirius XM Holdings information on this page should be used as a complementary analysis to other Sirius XM'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 Stock Screener module to find equities using custom stock filter or screen asymmetry in trading patterns, price, volume, or investment outlook..

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