Sonida Senior Living Stock Market Value
| SNDA Stock | USD 32.20 0.53 1.67% |
| Symbol | Sonida |
Sonida Senior Living Price To Book Ratio
Is Health Care Equipment & Supplies space 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 Sonida Senior. If investors know Sonida 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 Sonida Senior 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 (0.22) | Earnings Share (4.45) | Revenue Per Share 31.786 | Quarterly Revenue Growth 0.086 | Return On Assets (0.01) |
The market value of Sonida Senior Living is measured differently than its book value, which is the value of Sonida that is recorded on the company's balance sheet. Investors also form their own opinion of Sonida Senior's value that differs from its market value or its book value, called intrinsic value, which is Sonida Senior'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 Sonida Senior's market value can be influenced by many factors that don't directly affect Sonida Senior'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 Sonida Senior's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sonida Senior is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sonida Senior'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.
Sonida Senior '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 Sonida Senior'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 Sonida Senior.
| 06/26/2024 |
| 07/26/2024 |
If you would invest 0.00 in Sonida Senior on June 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sonida Senior Living or generate 0.0% return on investment in Sonida Senior over 30 days. Sonida Senior is related to or competes with Select Medical, Encompass Health, Pennant, InnovAge Holding, Acadia Healthcare, Surgery Partners, and Ensign. Sonida Senior Living, Inc. develops, owns, operates, and manages senior housing communities in the United States More
Sonida Senior 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 Sonida Senior'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 Sonida Senior Living upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 3.93 | |||
| Information Ratio | 0.0248 | |||
| Maximum Drawdown | 18.64 | |||
| Value At Risk | (6.61) | |||
| Potential Upside | 6.24 |
Sonida Senior Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sonida Senior's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sonida Senior's standard deviation. In reality, there are many statistical measures that can use Sonida Senior historical prices to predict the future Sonida Senior's volatility.| Risk Adjusted Performance | 0.0353 | |||
| Jensen Alpha | 0.1172 | |||
| Total Risk Alpha | (0.21) | |||
| Sortino Ratio | 0.0266 | |||
| Treynor Ratio | 0.207 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Sonida Senior'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.
Sonida Senior Living Backtested Returns
At this point, Sonida Senior is somewhat reliable. Sonida Senior Living owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0163, which indicates the firm had a 0.0163% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Sonida Senior Living, which you can use to evaluate the volatility of the company. Please validate Sonida Senior's Risk Adjusted Performance of 0.0353, semi deviation of 3.74, and Coefficient Of Variation of 2444.62 to confirm if the risk estimate we provide is consistent with the expected return of 0.0696%. Sonida Senior has a performance score of 1 on a scale of 0 to 100. The entity has a beta of 0.79, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sonida Senior's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sonida Senior is expected to be smaller as well. Sonida Senior Living right now has a risk of 4.26%. Please validate Sonida Senior expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to decide if Sonida Senior will be following its existing price patterns.
Auto-correlation | 0.07 |
Virtually no predictability
Sonida Senior Living has virtually no predictability. Overlapping area represents the amount of predictability between Sonida Senior time series from 26th of June 2024 to 11th of July 2024 and 11th of July 2024 to 26th of July 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 Sonida Senior Living price movement. The serial correlation of 0.07 indicates that barely 7.0% of current Sonida Senior price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.07 | |
| Spearman Rank Test | -0.21 | |
| Residual Average | 0.0 | |
| Price Variance | 0.95 |
Sonida Senior Living lagged returns against current returns
Autocorrelation, which is Sonida Senior 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 Sonida Senior's stock expected returns. We can calculate the autocorrelation of Sonida Senior returns to help us make a trade decision. For example, suppose you find that Sonida Senior 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 |
Sonida Senior 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 Sonida Senior stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sonida Senior stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sonida Senior stock over time.
Current vs Lagged Prices |
| Timeline |
Sonida Senior Lagged Returns
When evaluating Sonida Senior's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sonida Senior stock have on its future price. Sonida Senior 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, Sonida Senior autocorrelation shows the relationship between Sonida Senior stock current value and its past values and can show if there is a momentum factor associated with investing in Sonida Senior Living.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Additional Information and Resources on Investing in Sonida Stock
When determining whether Sonida Senior Living offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sonida Senior'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 Sonida Senior Living Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sonida Senior Living Stock:Check out Sonida Senior Correlation, Sonida Senior Volatility and Sonida Senior Alpha and Beta module to complement your research on Sonida Senior. You can also try the Portfolio Center module to all portfolio management and optimization tools to improve performance of your portfolios.
Sonida Senior 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.