Sonida Senior Living Stock Market Value

SNDA Stock  USD 29.61  0.96  3.35%   
Sonida Senior's market value is the price at which a share of Sonida Senior trades on a public exchange. It measures the collective expectations of Sonida Senior Living investors about its performance. Sonida Senior is trading at 29.61 as of the 19th of April 2024, a 3.35 percent up since the beginning of the trading day. The stock's open price was 28.65.
With this module, you can estimate the performance of a buy and hold strategy of Sonida Senior Living and determine expected loss or profit from investing in Sonida Senior over a given investment horizon. Check out Sonida Senior Correlation, Sonida Senior Volatility and Sonida Senior Alpha and Beta module to complement your research on Sonida Senior.
Symbol

Sonida Senior Living Price To Book Ratio

Is Sonida Senior'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 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.
Earnings Share
(3.85)
Revenue Per Share
34.516
Quarterly Revenue Growth
0.112
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.
0.00
02/19/2024
No Change 0.00  0.0 
In 2 months and 2 days
04/19/2024
0.00
If you would invest  0.00  in Sonida Senior on February 19, 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 60 days. Sonida Senior is related to or competes with Agilent Technologies, Illumina, Waters, Thermo Fisher, Mettler Toledo, Charles River, and Guardant Health. 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.

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.
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.
Hype
Prediction
LowEstimatedHigh
20.4928.4436.39
Details
Intrinsic
Valuation
LowRealHigh
6.9514.9032.57
Details
Naive
Forecast
LowNextHigh
23.1031.0538.99
Details
0 Analysts
Consensus
LowTargetHigh
4.555.005.55
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Sonida Senior. Your research has to be compared to or analyzed against Sonida Senior's peers to derive any actionable benefits. When done correctly, Sonida Senior's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Sonida Senior Living.

Sonida Senior Living Backtested Returns

Sonida Senior is unstable given 3 months investment horizon. Sonida Senior Living owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.28, which indicates the firm had a 0.28% return per unit of risk over the last 3 months. We were able to break down twenty-nine different technical indicators, which can help you to evaluate if expected returns of 2.21% are justified by taking the suggested risk. Use Sonida Senior Living Risk Adjusted Performance of 0.1705, coefficient of variation of 383.12, and Semi Deviation of 3.8 to evaluate company specific risk that cannot be diversified away. Sonida Senior holds a performance score of 21 on a scale of zero to a hundred. The entity has a beta of 1.31, 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, Sonida Senior will likely underperform. Use Sonida Senior Living expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to analyze future returns on Sonida Senior Living.

Auto-correlation

    
  -0.28  

Weak reverse predictability

Sonida Senior Living has weak reverse predictability. Overlapping area represents the amount of predictability between Sonida Senior time series from 19th of February 2024 to 20th of March 2024 and 20th of March 2024 to 19th 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 Sonida Senior Living price movement. The serial correlation of -0.28 indicates that nearly 28.0% of current Sonida Senior price fluctuation can be explain by its past prices.
Correlation Coefficient-0.28
Spearman Rank Test-0.3
Residual Average0.0
Price Variance1.48

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  

Currently Active Assets on Macroaxis

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.
Note that the Sonida Senior Living information on this page should be used as a complementary analysis to other Sonida Senior'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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.

Complementary Tools for Sonida Stock analysis

When running Sonida Senior's price analysis, check to measure Sonida Senior'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 Sonida Senior is operating at the current time. Most of Sonida Senior's value examination focuses on studying past and present price action to predict the probability of Sonida Senior's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sonida Senior's price. Additionally, you may evaluate how the addition of Sonida Senior to your portfolios can decrease your overall portfolio volatility.
CEOs Directory
Screen CEOs from public companies around the world
Economic Indicators
Top statistical indicators that provide insights into how an economy is performing
Portfolio Manager
State of the art Portfolio Manager to monitor and improve performance of your invested capital
Commodity Directory
Find actively traded commodities issued by global exchanges
FinTech Suite
Use AI to screen and filter profitable investment opportunities
Top Crypto Exchanges
Search and analyze digital assets across top global cryptocurrency exchanges
Content Syndication
Quickly integrate customizable finance content to your own investment portal
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.
A focus of Sonida Senior technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Sonida Senior 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...