Sinclair Broadcast Group Stock Market Value
| SBGI Stock | USD 18.05 0.76 4.40% |
| Symbol | Sinclair |
Sinclair Broadcast Price To Book Ratio
Is Broadcasting 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 Sinclair Broadcast. If investors know Sinclair 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 Sinclair Broadcast 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 (0.87) | Dividend Share 1 | Earnings Share (3.16) | Revenue Per Share 51.806 | Quarterly Revenue Growth 0.196 |
The market value of Sinclair Broadcast is measured differently than its book value, which is the value of Sinclair that is recorded on the company's balance sheet. Investors also form their own opinion of Sinclair Broadcast's value that differs from its market value or its book value, called intrinsic value, which is Sinclair Broadcast'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 Sinclair Broadcast's market value can be influenced by many factors that don't directly affect Sinclair Broadcast'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 Sinclair Broadcast's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sinclair Broadcast is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sinclair Broadcast'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.
Sinclair Broadcast '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 Sinclair Broadcast'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 Sinclair Broadcast.
| 10/27/2024 |
| 11/26/2024 |
If you would invest 0.00 in Sinclair Broadcast on October 27, 2024 and sell it all today you would earn a total of 0.00 from holding Sinclair Broadcast Group or generate 0.0% return on investment in Sinclair Broadcast over 30 days. Sinclair Broadcast is related to or competes with News Corp, Liberty Media, Liberty Media, AMC Networks, Marcus, Warner Music, and Fox Corp. Sinclair Broadcast Group, Inc. operates as a media company in the United States More
Sinclair Broadcast 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 Sinclair Broadcast'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 Sinclair Broadcast Group upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.27 | |||
| Information Ratio | 0.1368 | |||
| Maximum Drawdown | 12.36 | |||
| Value At Risk | (2.91) | |||
| Potential Upside | 4.34 |
Sinclair Broadcast Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Sinclair Broadcast's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Sinclair Broadcast's standard deviation. In reality, there are many statistical measures that can use Sinclair Broadcast historical prices to predict the future Sinclair Broadcast's volatility.| Risk Adjusted Performance | 0.1522 | |||
| Jensen Alpha | 0.2844 | |||
| Total Risk Alpha | 0.0694 | |||
| Sortino Ratio | 0.1495 | |||
| Treynor Ratio | 0.3163 |
Sinclair Broadcast Backtested Returns
Sinclair Broadcast appears to be not too volatile, given 3 months investment horizon. Sinclair Broadcast owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.19, which indicates the firm had a 0.19% return per unit of risk over the last 3 months. We have found twenty-eight technical indicators for Sinclair Broadcast Group, which you can use to evaluate the volatility of the company. Please review Sinclair Broadcast's Coefficient Of Variation of 527.73, risk adjusted performance of 0.1522, and Semi Deviation of 1.86 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Sinclair Broadcast holds a performance score of 14. The entity has a beta of 1.45, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Sinclair Broadcast will likely underperform. Please check Sinclair Broadcast's semi variance, and the relationship between the maximum drawdown and accumulation distribution , to make a quick decision on whether Sinclair Broadcast's existing price patterns will revert.
Auto-correlation | -0.66 |
Very good reverse predictability
Sinclair Broadcast Group has very good reverse predictability. Overlapping area represents the amount of predictability between Sinclair Broadcast time series from 27th of October 2024 to 11th of November 2024 and 11th of November 2024 to 26th 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 Sinclair Broadcast price movement. The serial correlation of -0.66 indicates that around 66.0% of current Sinclair Broadcast price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.66 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.46 |
Sinclair Broadcast lagged returns against current returns
Autocorrelation, which is Sinclair Broadcast 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 Sinclair Broadcast's stock expected returns. We can calculate the autocorrelation of Sinclair Broadcast returns to help us make a trade decision. For example, suppose you find that Sinclair Broadcast 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 |
Sinclair Broadcast 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 Sinclair Broadcast stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Sinclair Broadcast stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Sinclair Broadcast stock over time.
Current vs Lagged Prices |
| Timeline |
Sinclair Broadcast Lagged Returns
When evaluating Sinclair Broadcast's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Sinclair Broadcast stock have on its future price. Sinclair Broadcast 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, Sinclair Broadcast autocorrelation shows the relationship between Sinclair Broadcast stock current value and its past values and can show if there is a momentum factor associated with investing in Sinclair Broadcast Group.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Sinclair Broadcast offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sinclair Broadcast's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sinclair Broadcast Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sinclair Broadcast Group Stock:Check out Sinclair Broadcast Correlation, Sinclair Broadcast Volatility and Sinclair Broadcast Alpha and Beta module to complement your research on Sinclair Broadcast. You can also try the Portfolio Backtesting module to avoid under-diversification and over-optimization by backtesting your portfolios.
Sinclair Broadcast 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.