Sfl Corporation Stock Price on September 16, 2024

SFL Stock  USD 10.77  0.22  2.00%   
Below is the normalized historical share price chart for SFL Corporation extending back to June 14, 2004. 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 SFL stands at 10.77, as last reported on the 26th of November, with the highest price reaching 11.01 and the lowest price hitting 10.75 during the day.
IPO Date
17th of June 2004
200 Day MA
12.4558
50 Day MA
11.0456
Beta
0.722
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in SFL Stock, it is important to understand the factors that can impact its price. SFL Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0505, which indicates the firm had a -0.0505% return per unit of volatility over the last 3 months. SFL Corporation exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SFL's variance of 1.76, and Risk Adjusted Performance of (0.01) to confirm the risk estimate we provide.
  
Stock Based Compensation To Revenue is expected to rise to 0 this year, although the value of Total Stockholder Equity will most likely fall to about 969.5 M. . At this time, SFL's Price Cash Flow Ratio is quite stable compared to the past year. Price Sales Ratio is expected to rise to 3.38 this year, although the value of Price Earnings Ratio will most likely fall to 9.87. SFL Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0505

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Negative ReturnsSFL

Estimated Market Risk

 1.36
  actual daily
12
88% of assets are more volatile

Expected Return

 -0.07
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.05
  actual daily
0
Most of other assets perform better
Based on monthly moving average SFL is not performing at its full potential. However, 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 SFL by adding SFL to a well-diversified portfolio.
Price Book
1.2917
Enterprise Value Ebitda
7.728
Price Sales
1.6803
Shares Float
108 M
Dividend Share
1.07

SFL Valuation on September 16, 2024

It is possible to determine the worth of SFL on a given historical date. On September 16, 2024 SFL was worth 11.12 at the beginning of the trading date compared to the closed value of 11.21. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of SFL stock. Still, in general, we apply an absolute valuation method to find SFL'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 SFL where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against SFL's related companies.
 Open High Low Close Volume
  11.01    11.17    10.97    11.05    697,370  
09/16/2024
  11.12    11.27    11.11    11.21    683,504  
  11.28    11.29    11.05    11.10    973,299  
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Open Value
11.12
11.21
Closing Value
15.19
Upside

SFL Trading Date Momentum on September 16, 2024

On September 17 2024 SFL Corporation was traded for  11.10  at the closing time. Highest SFL's price during the trading hours was 11.29  and the lowest price during the day was  11.05 . The net volume was 973.3 K. The overall trading history on the 17th of September 2024 contributed to the next trading period price depreciation. The trading price change to the next next day price was 0.98% . The trading price change to current price is 2.14% .

SFL Corporation Fundamentals Correlations and Trends

By evaluating SFL'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 SFL's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. SFL financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About SFL Stock history

SFL 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 SFL is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in SFL Corporation 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 SFL stock prices may prove useful in developing a viable investing in SFL
Last ReportedProjected for Next Year
Common Stock Shares Outstanding126.6 M100.5 M
Net Income Applicable To Common Shares182.5 M111.3 M

SFL Stock Technical Analysis

SFL 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 SFL technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of SFL 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...

Price Boundaries

SFL Period Price Range

Low
November 26, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

SFL Corporation cannot be verified against its exchange. Please verify the symbol is currently traded on New York Stock 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.

SFL November 26, 2024 Market Strength

Market strength indicators help investors to evaluate how SFL stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading SFL shares will generate the highest return on investment. By undertsting and applying SFL stock market strength indicators, traders can identify SFL Corporation entry and exit signals to maximize returns

SFL Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for SFL's price direction in advance. Along with the technical and fundamental analysis of SFL Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of SFL 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.
When determining whether SFL Corporation is a strong investment it is important to analyze SFL's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact SFL's future performance. For an informed investment choice regarding SFL Stock, refer to the following important reports:
Check out World Market Map to better understand how to build diversified portfolios, which includes a position in SFL Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
You can also try the Correlation Analysis module to reduce portfolio risk simply by holding instruments which are not perfectly correlated.
Is Oil & Gas Storage & Transportation 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 SFL. If investors know SFL 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 SFL 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
0.45
Dividend Share
1.07
Earnings Share
1
Revenue Per Share
6.881
Quarterly Revenue Growth
0.246
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.