Service International Stock Market Value
| SCI Stock | USD 86.13 0.71 0.83% |
| Symbol | Service |
Service International Price To Book Ratio
Is Diversified Consumer Services 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 Service International. If investors know Service 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 Service International 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 0.013 | Dividend Share 1.19 | Earnings Share 3.43 | Revenue Per Share 28.44 | Quarterly Revenue Growth 0.012 |
The market value of Service International is measured differently than its book value, which is the value of Service that is recorded on the company's balance sheet. Investors also form their own opinion of Service International's value that differs from its market value or its book value, called intrinsic value, which is Service International'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 Service International's market value can be influenced by many factors that don't directly affect Service International'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 Service International's value and its price as these two are different measures arrived at by different means. Investors typically determine if Service International is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Service International'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.
Service International '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 Service International'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 Service International.
| 11/28/2023 |
| 11/22/2024 |
If you would invest 0.00 in Service International on November 28, 2023 and sell it all today you would earn a total of 0.00 from holding Service International or generate 0.0% return on investment in Service International over 360 days. Service International is related to or competes with Bright Horizons, Rollins, Smart Share, Carriage Services, Mister Car, Frontdoor, and MEDIFAST INC. Service Corporation International provides deathcare products and services in the United States and Canada More
Service International 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 Service International'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 Service International upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 0.9236 | |||
| Information Ratio | 0.0889 | |||
| Maximum Drawdown | 8.36 | |||
| Value At Risk | (1.37) | |||
| Potential Upside | 2.11 |
Service International Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Service International's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Service International's standard deviation. In reality, there are many statistical measures that can use Service International historical prices to predict the future Service International's volatility.| Risk Adjusted Performance | 0.1243 | |||
| Jensen Alpha | 0.1631 | |||
| Total Risk Alpha | 0.0521 | |||
| Sortino Ratio | 0.131 | |||
| Treynor Ratio | 0.407 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Service International's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Service International Backtested Returns
Service International is very steady at the moment. Service International owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.14, which indicates the firm had a 0.14% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Service International, which you can use to evaluate the volatility of the company. Please validate Service International's Coefficient Of Variation of 628.77, semi deviation of 0.7282, and Risk Adjusted Performance of 0.1243 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. Service International has a performance score of 10 on a scale of 0 to 100. The entity has a beta of 0.51, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, Service International's returns are expected to increase less than the market. However, during the bear market, the loss of holding Service International is expected to be smaller as well. Service International right now has a risk of 1.36%. Please validate Service International expected short fall, and the relationship between the value at risk and daily balance of power , to decide if Service International will be following its existing price patterns.
Auto-correlation | 0.57 |
Modest predictability
Service International has modest predictability. Overlapping area represents the amount of predictability between Service International time series from 28th of November 2023 to 26th of May 2024 and 26th of May 2024 to 22nd 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 Service International price movement. The serial correlation of 0.57 indicates that roughly 57.0% of current Service International price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.57 | |
| Spearman Rank Test | 0.57 | |
| Residual Average | 0.0 | |
| Price Variance | 20.36 |
Service International lagged returns against current returns
Autocorrelation, which is Service International 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 Service International's stock expected returns. We can calculate the autocorrelation of Service International returns to help us make a trade decision. For example, suppose you find that Service International 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 |
Service International 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 Service International stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Service International stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Service International stock over time.
Current vs Lagged Prices |
| Timeline |
Service International Lagged Returns
When evaluating Service International's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Service International stock have on its future price. Service International 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, Service International autocorrelation shows the relationship between Service International stock current value and its past values and can show if there is a momentum factor associated with investing in Service International.
Regressed Prices |
| Timeline |
Currently Active Assets on Macroaxis
When determining whether Service International offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Service International'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 Service International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Service International Stock:Check out Service International Correlation, Service International Volatility and Service International Alpha and Beta module to complement your research on Service International. For more detail on how to invest in Service Stock please use our How to Invest in Service International guide.You can also try the Bollinger Bands module to use Bollinger Bands indicator to analyze target price for a given investing horizon.
Service International 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.