Sanmina Stock Price on November 29, 2024
| SANM Stock | USD 79.41 0.74 0.94% |
Below is the normalized historical share price chart for Sanmina extending back to April 14, 1993. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Sanmina stands at 79.41, as last reported on the 1st of December, with the highest price reaching 79.56 and the lowest price hitting 78.41 during the day.
If you're considering investing in Sanmina Stock, it is important to understand the factors that can impact its price. Sanmina appears to be very steady, given 3 months investment horizon. Sanmina owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found thirty technical indicators for Sanmina, which you can use to evaluate the volatility of the company. Please review Sanmina's Risk Adjusted Performance of 0.094, coefficient of variation of 873.77, and Semi Deviation of 1.4 to confirm if our risk estimates are consistent with your expectations.
At this time, Sanmina's Common Stock Shares Outstanding is very stable compared to the past year. As of the 1st of December 2024, Other Stockholder Equity is likely to grow to about 4.2 B, while Liabilities And Stockholders Equity is likely to drop about 3.7 B. . At this time, Sanmina's Price Earnings To Growth Ratio is very stable compared to the past year. As of the 1st of December 2024, Price To Operating Cash Flows Ratio is likely to grow to 13.35, while Price Earnings Ratio is likely to drop 10.13. Sanmina Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
IPO Date 14th of April 1993 | 200 Day MA 67.168 | 50 Day MA 72.0924 | Beta 0.892 |
Sanmina |
Sharpe Ratio = 0.138
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Estimated Market Risk
| 2.14 actual daily | 19 81% of assets are more volatile |
Expected Return
| 0.29 actual daily | 5 95% of assets have higher returns |
Risk-Adjusted Return
| 0.14 actual daily | 10 90% of assets perform better |
Based on monthly moving average Sanmina is performing at about 10% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Sanmina by adding it to a well-diversified portfolio.
Price Book 1.9495 | Enterprise Value Ebitda 8.4706 | Price Sales 0.5658 | Shares Float 53.1 M | Wall Street Target Price 70.3333 |
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The
Sanmina Valuation on November 29, 2024
It is possible to determine the worth of Sanmina on a given historical date. On November 29, 2024 Sanmina was worth 79.37 at the beginning of the trading date compared to the closed value of 79.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Sanmina stock. Still, in general, we apply an absolute valuation method to find Sanmina's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Sanmina where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Sanmina's related companies.
| Open | High | Low | Close | Volume | |
| 78.82 | 79.29 | 77.91 | 78.67 | 194,681 | |
11/29/2024 | 79.37 | 79.56 | 78.41 | 79.41 | 151,056 |
| 79.37 | 79.56 | 78.41 | 79.41 | 0.00 |
| Backtest Sanmina | | | Sanmina History | | | Sanmina Valuation | Previous | Next |
Sanmina Trading Date Momentum on November 29, 2024
| On December 01 2024 Sanmina was traded for 79.41 at the closing time. The top price for the day was 79.56 and the lowest listed price was 78.41 . There was no trading activity during the period 0.0. Lack of trading volume on December 1, 2024 did not result in any price rise and fall. The trading price change against the current closing price is 0.05% . |
Sanmina Fundamentals Correlations and Trends
By evaluating Sanmina's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Sanmina's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Sanmina financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Sanmina Stock history
Sanmina investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Sanmina is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Sanmina will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Sanmina stock prices may prove useful in developing a viable investing in Sanmina
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 57 M | 69.6 M | |
| Net Income Applicable To Common Shares | 294.5 M | 168.7 M |
Sanmina Quarterly Net Working Capital |
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Sanmina Stock Technical Analysis
Sanmina 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.
Price Boundaries
Sanmina Period Price Range
Low | December 1, 2024
| High |
0.00 | 0.00 |
Sanmina cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Sanmina December 1, 2024 Market Strength
Market strength indicators help investors to evaluate how Sanmina stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Sanmina shares will generate the highest return on investment. By undertsting and applying Sanmina stock market strength indicators, traders can identify Sanmina entry and exit signals to maximize returns
Sanmina Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Sanmina's price direction in advance. Along with the technical and fundamental analysis of Sanmina Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Sanmina to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.094 | |||
| Jensen Alpha | (0.01) | |||
| Total Risk Alpha | (0.12) | |||
| Sortino Ratio | 0.069 | |||
| Treynor Ratio | 0.1228 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Sanmina. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. To learn how to invest in Sanmina Stock, please use our How to Invest in Sanmina guide.You can also try the Portfolio Dashboard module to portfolio dashboard that provides centralized access to all your investments.
Is Electronic Equipment, Instruments & Components 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 Sanmina. If investors know Sanmina 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 Sanmina 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 0.05 | Earnings Share 3.91 | Revenue Per Share 136.141 | Quarterly Revenue Growth (0.02) | Return On Assets 0.0451 |
The market value of Sanmina is measured differently than its book value, which is the value of Sanmina that is recorded on the company's balance sheet. Investors also form their own opinion of Sanmina's value that differs from its market value or its book value, called intrinsic value, which is Sanmina'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 Sanmina's market value can be influenced by many factors that don't directly affect Sanmina'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 Sanmina's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sanmina is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sanmina'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.