Sfl Corporation Stock Price on October 23, 2024
| SFL Stock | USD 10.89 0.25 2.35% |
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 10.89, as last reported on the 22nd of November, with the highest price reaching 10.94 and the lowest price hitting 10.71 during the day.
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 -0.0377, which indicates the firm had a -0.0377% 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 1.75, and Risk Adjusted Performance of (0.03) 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.
IPO Date 17th of June 2004 | 200 Day MA 12.4657 | 50 Day MA 11.0478 | Beta 0.722 |
SFL |
Sharpe Ratio = -0.0377
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| Negative Returns | SFL |
Estimated Market Risk
| 1.34 actual daily | 11 89% of assets are more volatile |
Expected Return
| -0.05 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| -0.04 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 1.2505 | Enterprise Value Ebitda 7.6394 | Price Sales 1.665 | Shares Float 108 M | Dividend Share 1.07 |
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SFL Valuation on October 23, 2024
It is possible to determine the worth of SFL on a given historical date. On October 23, 2024 SFL was worth 11.01 at the beginning of the trading date compared to the closed value of 10.82. 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 | |
| 11.18 | 11.19 | 11.08 | 11.10 | 436,286 | |
10/23/2024 | 11.01 | 11.02 | 10.79 | 10.82 | 682,652 |
| 10.84 | 10.86 | 10.75 | 10.86 | 532,562 |
| Backtest SFL | | | SFL History | | | SFL Valuation | Previous | Next |
SFL Trading Date Momentum on October 23, 2024
| On October 24 2024 SFL Corporation was traded for 10.86 at the closing time. Highest SFL's price during the trading hours was 10.86 and the lowest price during the day was 10.75 . The net volume was 532.6 K. The overall trading history on the 24th of October contributed to the next trading period price upswing. The trading price change to the next next day price was 0.37% . The trading price change to current price is 2.03% . |
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 Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 126.6 M | 100.5 M | |
| Net Income Applicable To Common Shares | 182.5 M | 111.3 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.
Price Boundaries
SFL Period Price Range
Low | November 22, 2024
| 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 22, 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.
| Risk Adjusted Performance | (0.03) | |||
| Jensen Alpha | (0.10) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.17) |
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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 Portfolio Optimization module to compute new portfolio that will generate highest expected return given your specified tolerance for risk.
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.