Sinclair Competitors
| SBGI Stock | USD 15.05 0.39 2.53% |
Sinclair Broadcast vs GCI Liberty Correlation
Very good diversification
The correlation between Sinclair Broadcast Group and GLIBA is -0.32 (i.e., Very good diversification) for selected investment horizon. Overlapping area represents the amount of risk that can be diversified away by holding Sinclair Broadcast Group and GLIBA in the same portfolio, assuming nothing else is changed.
Moving against Sinclair Stock
| 0.82 | RXRX | Recursion Pharmaceuticals | PairCorr |
| 0.71 | AUR | Aurora Innovation | PairCorr |
| 0.68 | NEC | Nine Entertainment | PairCorr |
| 0.62 | PLUG | Plug Power Aggressive Push | PairCorr |
| 0.52 | A1N | Arn Media | PairCorr |
Sinclair Broadcast Competition Correlation Matrix
Typically, diversification allows investors to combine positions across different asset classes to reduce overall portfolio risk. Correlation between Sinclair Broadcast and its competitors represents the degree of relationship between the price movements of corresponding stocks. A correlation of about +1.0 implies that the price of Sinclair and its corresponding peer move in tandem. A correlation of -1.0 means that prices move in opposite directions. A correlation of close to zero suggests that the price movements of assets are uncorrelated; in other words, the historical price movement of Sinclair Broadcast does not affect the price movement of the other competitor.
High positive correlations
| High negative correlations
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Risk-Adjusted Indicators
There is a big difference between Sinclair Stock performing well and Sinclair Broadcast Company doing well as a business compared to the competition. There are so many exceptions to the norm that investors cannot definitively determine what's good or bad unless they analyze Sinclair Broadcast's multiple risk-adjusted performance indicators across the competitive landscape. These indicators are quantitative in nature and help investors forecast volatility and risk-adjusted expected returns across various positions.| Mean Deviation | Jensen Alpha | Sortino Ratio | Treynor Ratio | Semi Deviation | Expected Shortfall | Potential Upside | Value @Risk | Maximum Drawdown | ||
|---|---|---|---|---|---|---|---|---|---|---|
| SSTK | 2.29 | (0.42) | 0.00 | (0.13) | 0.00 | 5.38 | 16.71 | |||
| DLX | 1.56 | 0.41 | 0.22 | 0.60 | 1.44 | 3.55 | 18.48 | |||
| CABO | 2.76 | (1.17) | 0.00 | (0.54) | 0.00 | 4.00 | 17.97 | |||
| GETY | 2.52 | (0.73) | 0.00 | (0.48) | 0.00 | 5.51 | 18.86 | |||
| ATHM | 1.39 | (0.23) | 0.00 | (0.33) | 0.00 | 2.84 | 7.71 | |||
| TBLA | 1.89 | 0.49 | 0.20 | 8.94 | 1.65 | 3.94 | 15.48 | |||
| HUYA | 2.55 | 0.17 | 0.06 | 0.26 | 2.59 | 6.30 | 19.32 | |||
| EVER | 1.93 | 0.27 | 0.10 | 0.54 | 2.11 | 4.31 | 14.16 | |||
| PLAY | 3.23 | 0.16 | 0.06 | 0.14 | 3.37 | 7.62 | 21.14 | |||
| GLIBA | 1.59 | 0.07 | 0.01 | 0.64 | 2.30 | 3.52 | 13.46 |
Cross Equities Net Income Analysis
Compare Sinclair Broadcast and related stocks such as Shutterstock, Deluxe, and Cable One Net Income Over Time
Select Fundamental| 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| SSTK | 18.8 M | 21.9 M | 47.5 M | 26.5 M | 22.1 M | 19.6 M | 32.6 M | 16.7 M | 54.7 M | 20.1 M | 71.8 M | 91.9 M | 76.1 M | 110.3 M | 35.9 M | 41.3 M | 47.1 M |
| DLX | 104.2 M | 144.6 M | 170.5 M | 186.7 M | 199.8 M | 218.6 M | 229.4 M | 230.2 M | 155.9 M | (223.8 M) | 5.2 M | 62.6 M | 65.4 M | 26.1 M | 52.8 M | 47.5 M | 45.1 M |
| CABO | 93.9 M | 93.9 M | 93.9 M | 104.5 M | 147.3 M | 89 M | 98.9 M | 234 M | 164.8 M | 178.6 M | 304.4 M | 291.8 M | 213.1 M | 267.4 M | 14.5 M | 16.7 M | 15.8 M |
| GETY | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | (37.2 M) | 117.1 M | (77.6 M) | 19.3 M | 39.5 M | 45.5 M | 47.7 M |
| ATHM | 88 M | 131.3 M | 212.9 M | 456.2 M | 748.7 M | 990.6 M | 1.2 B | 2 B | 2.9 B | 3.2 B | 3.4 B | 2.6 B | 1.9 B | 2 B | 1.8 B | 2.1 B | 1.7 B |
| TBLA | 10.7 M | 10.7 M | 10.7 M | 10.7 M | 10.7 M | 10.7 M | 10.7 M | 10.7 M | 10.7 M | (28 M) | 8.5 M | (24.9 M) | (12 M) | (82 M) | (3.8 M) | (3.4 M) | (3.6 M) |
| HUYA | (625.6 M) | (625.6 M) | (625.6 M) | (625.6 M) | (625.6 M) | (625.6 M) | (625.6 M) | (81 M) | (2.1 B) | 67.4 M | 884.2 M | 583.5 M | (547.7 M) | (204.5 M) | (48 M) | (55.1 M) | (57.9 M) |
| EVER | 52.7 M | 52.7 M | 52.7 M | 74 M | 74 M | (3.4 M) | (933 K) | (5.1 M) | (13.8 M) | (7.1 M) | (11.2 M) | (19.4 M) | (24.4 M) | (51.3 M) | 32.2 M | 29 M | 30.4 M |
| PLAY | 5.2 M | (7 M) | 8.8 M | 2.2 M | 7.6 M | 59.6 M | 90.8 M | 120.9 M | 117.2 M | 100.3 M | (207 M) | 108.7 M | 137.1 M | 126.9 M | 58.3 M | 67 M | 40.1 M |
| GLIBA | 18.5 M | 5.8 M | 9.4 M | 9.4 M | 7.6 M | (26 M) | (3.7 M) | 724.6 M | (873.3 M) | 2.2 B | 41 M | 41 M | 41 M | 41 M | 70 M | 80.5 M | 159.9 M |
Sinclair Broadcast and related stocks such as Shutterstock, Deluxe, and Cable One Net Income description
Net income is one of the most important fundamental items in finance. It plays a large role in Sinclair Broadcast financial statement analysis. It represents the amount of money remaining after all of Sinclair Broadcast Group operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Sinclair Broadcast Competitive Analysis
The better you understand Sinclair Broadcast competitors, the better chance you have of utilizing it as a position in your portfolios. From an individual investor's perspective, Sinclair Broadcast's competitive analysis can cover a whole range of metrics. Some of these will be more critical depending on who you are as an investor and how you react to market volatility. However, if you are locking your investment sandscape to a long-term horizon, comparing the fundamental indicator across Sinclair Broadcast's competition over several years is one of the best ways to analyze its investment potential.| Better Than Average | Worse Than Peers | View Performance Chart |
Sinclair Broadcast Competition Performance Charts
Five steps to successful analysis of Sinclair Broadcast Competition
Sinclair Broadcast's competitive analysis is the process of researching and evaluating its competitive landscape. It provides an understanding of the strengths, weaknesses, opportunities, and threats (SWOT) faced by Sinclair Broadcast in relation to its competition. Sinclair Broadcast's competition analysis typically involves several steps, including:- Identifying the key players in the market: This involves identifying the major competitors of Sinclair Broadcast in the market, both direct and indirect, as well as new entrants and disruptive technologies.
- Assessing the strengths and weaknesses of each competitor: This involves evaluating each competitor's strengths and weaknesses in areas such as product offerings, market share, brand recognition, financial performance, and distribution channels.
- Understanding the competitive environment: This involves evaluating the regulatory environment, economic conditions, and other factors that may impact Sinclair Broadcast's competitive landscape.
- Identifying opportunities and threats: This involves using the information gathered during the analysis to identify opportunities and threats to Sinclair Broadcast, and developing a strategy to address them.
- Evaluating the competitive landscape: This involves understanding the competitive dynamics of the market, such as pricing, marketing, and distribution strategies, as well as analyzing the competitive advantage of each competitor.
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Check out Sinclair Broadcast Correlation with its peers. You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.
Is Broadcasting 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 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 (0.87) | Dividend Share 1 | Earnings Share (0.56) | Revenue Per Share | Quarterly Revenue Growth (0.16) |
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.