Stoneridge Stock Price on May 3, 2024

SRI Stock  USD 6.86  0.13  1.93%   
Below is the normalized historical share price chart for Stoneridge extending back to October 10, 1997. 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 Stoneridge stands at 6.86, as last reported on the 1st of December, with the highest price reaching 6.98 and the lowest price hitting 6.80 during the day.
IPO Date
10th of October 1997
200 Day MA
14.0218
50 Day MA
8.7756
Beta
1.359
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
If you're considering investing in Stoneridge Stock, it is important to understand the factors that can impact its price. Stoneridge owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.23, which indicates the firm had a -0.23% return per unit of risk over the last 3 months. Stoneridge exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Stoneridge's Variance of 17.8, risk adjusted performance of (0.18), and Coefficient Of Variation of (412.54) to confirm the risk estimate we provide.
  
As of now, Stoneridge's Stock Based Compensation is increasing as compared to previous years. The Stoneridge's current Stock Based Compensation To Revenue is estimated to increase to 0, while Total Stockholder Equity is projected to decrease to under 210.4 M. . As of now, Stoneridge's Price To Book Ratio is decreasing as compared to previous years. The Stoneridge's current Price Cash Flow Ratio is estimated to increase to 113.33, while Price To Sales Ratio is projected to decrease to 0.50. Stoneridge Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.2305

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Estimated Market Risk

 4.26
  actual daily
37
63% of assets are more volatile

Expected Return

 -0.98
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.23
  actual daily
0
Most of other assets perform better
Based on monthly moving average Stoneridge 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 Stoneridge by adding Stoneridge to a well-diversified portfolio.
Price Book
0.7
Enterprise Value Ebitda
7.3476
Price Sales
0.2066
Shares Float
24.2 M
Wall Street Target Price
14

Stoneridge Valuation on May 3, 2024

It is possible to determine the worth of Stoneridge on a given historical date. On May 3, 2024 Stoneridge was worth 15.25 at the beginning of the trading date compared to the closed value of 15.32. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Stoneridge stock. Still, in general, we apply an absolute valuation method to find Stoneridge'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 Stoneridge where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Stoneridge's related companies.
 Open High Low Close Volume
  14.97    15.43    14.72    14.80    183,721  
05/03/2024
  15.25    15.38    14.63    15.32    522,494  
  15.50    16.14    15.34    15.89    209,326  
Backtest Stoneridge  |  Stoneridge History  |  Stoneridge Valuation   PreviousNext  
Open Value
15.25
15.32
Closing Value
28.03
Upside

Stoneridge Trading Date Momentum on May 3, 2024

On May 06 2024 Stoneridge was traded for  15.89  at the closing time. Highest Stoneridge's price during the trading hours was 16.14  and the lowest price during the day was  15.34 . The net volume was 209.3 K. The overall trading history on the 6th of May contributed to the next trading period price growth. The trading price change to the next next day price was 3.72% . The trading price change to current price is 5.55% .

Stoneridge Fundamentals Correlations and Trends

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

About Stoneridge Stock history

Stoneridge 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 Stoneridge is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Stoneridge 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 Stoneridge stock prices may prove useful in developing a viable investing in Stoneridge
Last ReportedProjected for Next Year
Common Stock Shares Outstanding27.4 M26.9 M
Net Loss-16.2 M-15.4 M

Stoneridge Quarterly Net Working Capital

244.52 Million

Stoneridge Stock Technical Analysis

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

Stoneridge Period Price Range

Low
December 1, 2024
0.00  NaN%
High

 0.00 

     

 0.00 

Stoneridge 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.

Stoneridge December 1, 2024 Market Strength

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

Stoneridge Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Stoneridge's price direction in advance. Along with the technical and fundamental analysis of Stoneridge Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Stoneridge 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.

Complementary Tools for Stoneridge Stock analysis

When running Stoneridge's price analysis, check to measure Stoneridge's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Stoneridge is operating at the current time. Most of Stoneridge's value examination focuses on studying past and present price action to predict the probability of Stoneridge's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Stoneridge's price. Additionally, you may evaluate how the addition of Stoneridge to your portfolios can decrease your overall portfolio volatility.
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