SBA Communications Stock Technical Analysis

SBAC Stock  USD 257.21  1.23  0.48%   
As of the 21st of March, SBA Communications owns the market risk adjusted performance of (0.18), and Standard Deviation of 1.99. In respect to fundamental indicators, the technical analysis model makes it possible for you to check possible technical drivers of SBA Communications Corp, as well as the relationship between them. Strictly speaking, you can use this information to find out if the entity will indeed mirror its model of historical prices and volume patterns, or the prices will eventually revert. We were able to analyze nineteen technical drivers for SBA Communications, which can be compared to its peers in the sector. Please validate SBA Communications Corp information ratio, value at risk, and the relationship between the standard deviation and treynor ratio to decide if SBA Communications Corp is priced fairly, providing market reflects its prevailing price of 257.21 per share. Given that SBA Communications Corp has jensen alpha of (0.13), we advise you to double-check SBA Communications's latest market performance to make sure the company can sustain itself in the future.
  

SBA Communications Momentum Analysis

Momentum indicators are widely used technical indicators which help to measure the pace at which the price of specific equity, such as SBA Communications, fluctuates. Many momentum indicators also complement each other and can be helpful when the market is rising or falling as compared to SBA Communications
SBA Communications' Momentum analyses are specifically helpful, as they help investors time the market using mark points where the market can reverse. The reversal spots are usually identified through divergence between price movement and momentum.

SBA Communications Analyst Consensus

Target PriceAdvice# of Analysts
335.6Buy15Odds
SBA Communications Corp current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most SBA Communications analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand SBA Communications stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of SBA Communications Corp, talking to its executives and customers, or listening to SBA Communications conference calls.
SBA Communications Analyst Advice Details
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.
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...

SBA Communications Corp Technical Analysis

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Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Average True Range was developed by J. Welles Wilder in 1970s. It is one of components of the Welles Wilder Directional Movement indicators. The ATR is a measure of SBA Communications Corp volatility. High ATR values indicate high volatility, and low values indicate low volatility.
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SBA Communications Corp Trend Analysis

Use this graph to draw trend lines for SBA Communications Corp. You can use it to identify possible trend reversals for SBA Communications as well as other signals and approximate when it will take place. Remember, you need at least two touches of the trend line with actual SBA Communications price movement. To start drawing, click on the pencil icon on top-right. To remove the trend, use eraser icon.

SBA Communications Best Fit Change Line

The following chart estimates an ordinary least squares regression model for SBA Communications Corp applied against its price change over selected period. The best fit line has a slop of   0.71  , which may suggest that SBA Communications Corp market price will keep on failing further. It has 122 observation points and a regression sum of squares at 19098.02, which is the sum of squared deviations for the predicted SBA Communications price change compared to its average price change.

About SBA Communications Technical Analysis

The technical analysis module can be used to analyzes prices, returns, volume, basic money flow, and other market information and help investors to determine the real value of SBA Communications Corp on a daily or weekly bases. We use both bottom-up as well as top-down valuation methodologies to arrive at the intrinsic value of SBA Communications Corp based on its technical analysis. In general, a bottom-up approach, as applied to this company, focuses on SBA Communications Corp price pattern first instead of the macroeconomic environment surrounding SBA Communications Corp. By analyzing SBA Communications's financials, daily price indicators, and related drivers such as dividends, momentum ratios, and various types of growth rates, we attempt to find the most accurate representation of SBA Communications's intrinsic value. As compared to a bottom-up approach, our top-down model examines the macroeconomic factors that affect the industry/economy before zooming in to SBA Communications specific price patterns or momentum indicators. Please read more on our technical analysis page.
 2022 2023 (projected)
Long Term Debt to Equity13.611.58
Interest Coverage2.262.44

SBA Communications March 21, 2023 Technical Indicators

Most technical analysis of SBA Communications help investors determine whether a current trend will continue and, if not, when it will shift. We provide a combination of tools to recognize potential entry and exit points for SBA Communications from various momentum indicators to cycle indicators. When you analyze SBA Communications charts, please remember that the event formation may indicate an entry point for a short seller, and look at different other indicators across different periods to confirm that a breakdown or reversion is likely to occur.

SBA Communications March 21, 2023 Daily Trend Indicators

Traders often use several different daily volumes and price technical indicators to supplement a more traditional technical analysis when analyzing securities such as SBA Communications stock. With literally thousands of different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
Additionally, take a look at World Market Map. 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 Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

Complementary Tools for SBA Communications Stock analysis

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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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
4.22
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.