Surf Air Mobility Stock Price on September 30, 2023
| SRFM Stock | 3.75 1.07 39.93% |
If you're considering investing in Surf Stock, it is important to understand the factors that can impact its price. As of today, the current price of Surf Air stands at 3.75, as last reported on the 25th of November, with the highest price reaching 3.89 and the lowest price hitting 2.75 during the day. Surf Air is extremely dangerous given 3 months investment horizon. Surf Air Mobility owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.15, which indicates the firm had a 0.15% return per unit of risk over the last 3 months. We were able to analyze and collect data for twenty-nine different technical indicators, which can help you to evaluate if expected returns of 1.91% are justified by taking the suggested risk. Use Surf Air Mobility Semi Deviation of 9.53, risk adjusted performance of 0.1093, and Coefficient Of Variation of 767.84 to evaluate company specific risk that cannot be diversified away.
At this time, Surf Air's Liabilities And Stockholders Equity is very stable compared to the past year. As of the 25th of November 2024, Stock Based Compensation is likely to grow to about 50.7 M, while Total Stockholder Equity is likely to drop (81.4 M). . As of the 25th of November 2024, Price To Sales Ratio is likely to drop to 0.96. In addition to that, Price Earnings Ratio is likely to drop to -0.26. Surf Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Surf |
Sharpe Ratio = 0.1523
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Estimated Market Risk
| 12.51 actual daily | 96 96% of assets are less volatile |
Expected Return
| 1.91 actual daily | 38 62% of assets have higher returns |
Risk-Adjusted Return
| 0.15 actual daily | 11 89% of assets perform better |
Based on monthly moving average Surf Air is performing at about 11% 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 Surf Air by adding it to a well-diversified portfolio.
Price Book 2.862 | Enterprise Value Ebitda (0.57) | Price Sales 0.3718 | Shares Float 8.3 M | Wall Street Target Price 11.6 |
Related Headline
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Surf Air Valuation on September 30, 2023
It is possible to determine the worth of Surf Air on a given historical date. On September 30, 2023 Surf was worth 11.76 at the beginning of the trading date compared to the closed value of 11.41. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Surf Air stock. Still, in general, we apply an absolute valuation method to find Surf Air'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 Surf Air where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Surf Air's related companies.
| Open | High | Low | Close | Volume | |
| 11.90 | 12.23 | 11.06 | 11.41 | 25,880 | |
09/29/2023 | 11.76 | 11.76 | 11.20 | 11.41 | 14,604 |
| 11.69 | 12.04 | 11.41 | 11.90 | 12,880 |
| Backtest Surf Air | | | Surf Air History | | | Surf Air Valuation | Previous | Next |
Surf Air Trading Date Momentum on September 30, 2023
| On October 02 2023 Surf Air Mobility was traded for 11.90 at the closing time. The top price for the day was 12.04 and the lowest listed price was 11.41 . The trading volume for the day was 12.9 K. The trading history from October 2, 2023 was a factor to the next trading day price boost. The trading price change against the next closing price was 4.29% . The trading price change against the current closing price is 14.72% . |
Surf Air Mobility Fundamentals Correlations and Trends
By evaluating Surf Air'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 Surf Air's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Surf financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Surf Air Stock history
Surf Air 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 Surf is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Surf Air Mobility 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 Surf Air stock prices may prove useful in developing a viable investing in Surf Air
| Last Reported | Projected for Next Year | ||
| Common Stock Shares Outstanding | 5.6 M | 5.4 M | |
| Net Loss | -66.9 M | -70.3 M |
Surf Air Stock Technical Analysis
Surf Air 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
Surf Air Period Price Range
Low | November 25, 2024
| High |
0.00 | 0.00 |
Surf Air Mobility 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.
Surf Air November 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Surf Air stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Surf Air shares will generate the highest return on investment. By undertsting and applying Surf Air stock market strength indicators, traders can identify Surf Air Mobility entry and exit signals to maximize returns
Surf Air Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Surf Air's price direction in advance. Along with the technical and fundamental analysis of Surf Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Surf 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 | 0.1093 | |||
| Jensen Alpha | 1.36 | |||
| Total Risk Alpha | (0.35) | |||
| Sortino Ratio | 0.1459 | |||
| Treynor Ratio | 0.7695 |
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Check out World Market Map to better understand how to build diversified portfolios, which includes a position in Surf Air Mobility. 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 Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.
Is Passenger Airlines 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 Surf Air. If investors know Surf 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 Surf Air listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (15.64) | Revenue Per Share 10.839 | Quarterly Revenue Growth 4.225 | Return On Assets (1.78) |
The market value of Surf Air Mobility is measured differently than its book value, which is the value of Surf that is recorded on the company's balance sheet. Investors also form their own opinion of Surf Air's value that differs from its market value or its book value, called intrinsic value, which is Surf Air'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 Surf Air's market value can be influenced by many factors that don't directly affect Surf Air'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 Surf Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Surf Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Surf Air'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.