Sandridge Energy Stock Market Value
| SD Stock | USD 12.08 0.09 0.74% |
| Symbol | SandRidge |
SandRidge Energy Price To Book Ratio
Is Oil & Gas Exploration & Production 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 SandRidge Energy. If investors know SandRidge 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 SandRidge Energy 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 0.373 | Dividend Share 0.43 | Earnings Share 1.26 | Revenue Per Share | Quarterly Revenue Growth (0.21) |
The market value of SandRidge Energy is measured differently than its book value, which is the value of SandRidge that is recorded on the company's balance sheet. Investors also form their own opinion of SandRidge Energy's value that differs from its market value or its book value, called intrinsic value, which is SandRidge Energy'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 SandRidge Energy's market value can be influenced by many factors that don't directly affect SandRidge Energy'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 SandRidge Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if SandRidge Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SandRidge Energy'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.
SandRidge Energy '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 SandRidge Energy'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 SandRidge Energy.
| 02/10/2023 |
| 01/30/2025 |
If you would invest 0.00 in SandRidge Energy on February 10, 2023 and sell it all today you would earn a total of 0.00 from holding SandRidge Energy or generate 0.0% return on investment in SandRidge Energy over 720 days. SandRidge Energy is related to or competes with Range Resources, SM Energy, and Northern Oil. SandRidge Energy, Inc. engages in the acquisition, development, and production of oil and natural gas primarily in the U... More
SandRidge Energy 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 SandRidge Energy'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 SandRidge Energy upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.54 | |||
| Information Ratio | 0.0325 | |||
| Maximum Drawdown | 10.68 | |||
| Value At Risk | (2.69) | |||
| Potential Upside | 3.06 |
SandRidge Energy Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SandRidge Energy's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SandRidge Energy's standard deviation. In reality, there are many statistical measures that can use SandRidge Energy historical prices to predict the future SandRidge Energy's volatility.| Risk Adjusted Performance | 0.071 | |||
| Jensen Alpha | 0.1289 | |||
| Total Risk Alpha | (0.03) | |||
| Sortino Ratio | 0.0394 | |||
| Treynor Ratio | 1.53 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of SandRidge Energy'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.
SandRidge Energy Backtested Returns
At this point, SandRidge Energy is not too volatile. SandRidge Energy owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.0997, which indicates the firm had a 0.0997 % return per unit of risk over the last 3 months. We have found twenty-seven technical indicators for SandRidge Energy, which you can use to evaluate the volatility of the company. Please validate SandRidge Energy's Coefficient Of Variation of 1280.84, semi deviation of 1.42, and Risk Adjusted Performance of 0.071 to confirm if the risk estimate we provide is consistent with the expected return of 0.19%. SandRidge Energy has a performance score of 7 on a scale of 0 to 100. The entity has a beta of 0.0888, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SandRidge Energy's returns are expected to increase less than the market. However, during the bear market, the loss of holding SandRidge Energy is expected to be smaller as well. SandRidge Energy right now has a risk of 1.95%. Please validate SandRidge Energy value at risk, as well as the relationship between the skewness and day typical price , to decide if SandRidge Energy will be following its existing price patterns.
Auto-correlation | -0.23 |
Weak reverse predictability
SandRidge Energy has weak reverse predictability. Overlapping area represents the amount of predictability between SandRidge Energy time series from 10th of February 2023 to 5th of February 2024 and 5th of February 2024 to 30th of January 2025. The more autocorrelation exist between current time interval and its lagged values, the more accurately you can make projection about the future pattern of SandRidge Energy price movement. The serial correlation of -0.23 indicates that over 23.0% of current SandRidge Energy price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.23 | |
| Spearman Rank Test | -0.27 | |
| Residual Average | 0.0 | |
| Price Variance | 0.92 |
SandRidge Energy lagged returns against current returns
Autocorrelation, which is SandRidge Energy 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 SandRidge Energy's stock expected returns. We can calculate the autocorrelation of SandRidge Energy returns to help us make a trade decision. For example, suppose you find that SandRidge Energy 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 |
SandRidge Energy 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 SandRidge Energy stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SandRidge Energy stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SandRidge Energy stock over time.
Current vs Lagged Prices |
| Timeline |
SandRidge Energy Lagged Returns
When evaluating SandRidge Energy's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SandRidge Energy stock have on its future price. SandRidge Energy 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, SandRidge Energy autocorrelation shows the relationship between SandRidge Energy stock current value and its past values and can show if there is a momentum factor associated with investing in SandRidge Energy.
Regressed Prices |
| Timeline |
Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.Check out SandRidge Energy Correlation, SandRidge Energy Volatility and SandRidge Energy Alpha and Beta module to complement your research on SandRidge Energy. For information on how to trade SandRidge Stock refer to our How to Trade SandRidge Stock guide.You can also try the Pair Correlation module to compare performance and examine fundamental relationship between any two equity instruments.
SandRidge Energy 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.