Sturm Ruger Stock Market Value
| RGR Stock | USD 38.53 0.56 1.47% |
| Symbol | Sturm |
Sturm Ruger Price To Book Ratio
Is Leisure Products 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 Sturm Ruger. If investors know Sturm 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 Sturm Ruger 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 1.381 | Dividend Share 3.36 | Earnings Share 1.73 | Revenue Per Share 41.553 | Quarterly Revenue Growth 0.536 |
The market value of Sturm Ruger is measured differently than its book value, which is the value of Sturm that is recorded on the company's balance sheet. Investors also form their own opinion of Sturm Ruger's value that differs from its market value or its book value, called intrinsic value, which is Sturm Ruger'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 Sturm Ruger's market value can be influenced by many factors that don't directly affect Sturm Ruger'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 Sturm Ruger's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sturm Ruger is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sturm Ruger'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.
Sturm Ruger 'What if' Analysis
In the world of financial modeling, what-if analysis is part of sensitivity analysis performed to test how changes in assumptions impact individual outputs in a model. When applied to Sturm Ruger's stock what-if analysis refers to the analyzing how the change in your past investing horizon will affect the profitability against the current market value of Sturm Ruger.
| 10/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Sturm Ruger on October 26, 2024 and sell it all today you would earn a total of 0.00 from holding Sturm Ruger or generate 0.0% return on investment in Sturm Ruger over 30 days. Sturm Ruger is related to or competes with Ammo, Kratos Defense, VSE, Ammo Preferred, Smith Wesson, National Presto, and Park Electrochemical. Sturm, Ruger Company, Inc., together with its subsidiaries, designs, manufactures, and sells firearms under the Ruger na... More
Sturm Ruger Upside/Downside Indicators
Understanding different market momentum indicators often help investors to time their next move. Potential upside and downside technical ratios enable traders to measure Sturm Ruger's stock current market value against overall market sentiment and can be a good tool during both bulling and bearish trends. Here we outline some of the essential indicators to assess Sturm Ruger upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.21) | |||
| Maximum Drawdown | 6.3 | |||
| Value At Risk | (2.38) | |||
| Potential Upside | 1.76 |
Sturm Ruger Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sturm Ruger's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sturm Ruger's standard deviation. In reality, there are many statistical measures that can use Sturm Ruger historical prices to predict the future Sturm Ruger's volatility.| Risk Adjusted Performance | (0.08) | |||
| Jensen Alpha | (0.18) | |||
| Total Risk Alpha | (0.34) | |||
| Treynor Ratio | (0.44) |
Sturm Ruger Backtested Returns
Sturm Ruger owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.12, which indicates the firm had a -0.12% return per unit of risk over the last 3 months. Sturm Ruger exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Sturm Ruger's Coefficient Of Variation of (963.15), variance of 1.57, and Risk Adjusted Performance of (0.08) to confirm the risk estimate we provide. The entity has a beta of 0.32, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Sturm Ruger's returns are expected to increase less than the market. However, during the bear market, the loss of holding Sturm Ruger is expected to be smaller as well. At this point, Sturm Ruger has a negative expected return of -0.16%. Please make sure to validate Sturm Ruger's value at risk, daily balance of power, as well as the relationship between the Daily Balance Of Power and period momentum indicator , to decide if Sturm Ruger performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.18 |
Very weak predictability
Sturm Ruger has very weak predictability. Overlapping area represents the amount of predictability between Sturm Ruger time series from 26th of October 2024 to 10th of November 2024 and 10th of November 2024 to 25th of November 2024. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of Sturm Ruger price movement. The serial correlation of 0.18 indicates that over 18.0% of current Sturm Ruger price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.18 | |
| Spearman Rank Test | -0.28 | |
| Residual Average | 0.0 | |
| Price Variance | 1.11 |
Sturm Ruger lagged returns against current returns
Autocorrelation, which is Sturm Ruger stock's lagged correlation, explains the relationship between observations of its time series of returns over different periods of time. The observations are said to be independent if autocorrelation is zero. Autocorrelation is calculated as a function of mean and variance and can have practical application in predicting Sturm Ruger's stock expected returns. We can calculate the autocorrelation of Sturm Ruger returns to help us make a trade decision. For example, suppose you find that Sturm Ruger has exhibited high autocorrelation historically, and you observe that the stock is moving up for the past few days. In that case, you can expect the price movement to match the lagging time series.
Current and Lagged Values |
| Timeline |
Sturm Ruger regressed lagged prices vs. current prices
Serial correlation can be approximated by using the Durbin-Watson (DW) test. The correlation can be either positive or negative. If Sturm Ruger stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sturm Ruger stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sturm Ruger stock over time.
Current vs Lagged Prices |
| Timeline |
Sturm Ruger Lagged Returns
When evaluating Sturm Ruger's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sturm Ruger stock have on its future price. Sturm Ruger autocorrelation represents the degree of similarity between a given time horizon and a lagged version of the same horizon over the previous time interval. In other words, Sturm Ruger autocorrelation shows the relationship between Sturm Ruger stock current value and its past values and can show if there is a momentum factor associated with investing in Sturm Ruger.
Regressed Prices |
| Timeline |
Pair Trading with Sturm Ruger
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Sturm Ruger position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Sturm Ruger will appreciate offsetting losses from the drop in the long position's value.Moving against Sturm Stock
| 0.65 | AS | Amer Sports, | PairCorr |
| 0.61 | HBI | Hanesbrands | PairCorr |
| 0.56 | DOGZ | Dogness International Downward Rally | PairCorr |
| 0.5 | GIL | Gildan Activewear | PairCorr |
| 0.47 | VSTO | Vista Outdoor | PairCorr |
The ability to find closely correlated positions to Sturm Ruger could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Sturm Ruger when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Sturm Ruger - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Sturm Ruger to buy it.
The correlation of Sturm Ruger is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Sturm Ruger moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Sturm Ruger moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Sturm Ruger can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Sturm Stock Analysis
When running Sturm Ruger's price analysis, check to measure Sturm Ruger'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 Sturm Ruger is operating at the current time. Most of Sturm Ruger's value examination focuses on studying past and present price action to predict the probability of Sturm Ruger's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Sturm Ruger's price. Additionally, you may evaluate how the addition of Sturm Ruger to your portfolios can decrease your overall portfolio volatility.