Seneca Foods Corp Stock Market Value
| SENEA Stock | USD 72.98 1.01 1.40% |
| Symbol | Seneca |
Seneca Foods Corp Price To Book Ratio
Is Packaged Foods & Meats 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 Seneca Foods. If investors know Seneca 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 Seneca Foods 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 (0.42) | Earnings Share 5.96 | Revenue Per Share 211.009 | Quarterly Revenue Growth 0.044 | Return On Assets 0.0366 |
The market value of Seneca Foods Corp is measured differently than its book value, which is the value of Seneca that is recorded on the company's balance sheet. Investors also form their own opinion of Seneca Foods' value that differs from its market value or its book value, called intrinsic value, which is Seneca Foods' 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 Seneca Foods' market value can be influenced by many factors that don't directly affect Seneca Foods' 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 Seneca Foods' value and its price as these two are different measures arrived at by different means. Investors typically determine if Seneca Foods is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Seneca Foods' 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.
Seneca Foods '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 Seneca Foods' 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 Seneca Foods.
| 12/03/2022 |
| 11/22/2024 |
If you would invest 0.00 in Seneca Foods on December 3, 2022 and sell it all today you would earn a total of 0.00 from holding Seneca Foods Corp or generate 0.0% return on investment in Seneca Foods over 720 days. Seneca Foods is related to or competes with Bellring Brands, Treehouse Foods, Ingredion Incorporated, JM Smucker, Nomad Foods, and Simply Good. Seneca Foods Corporation provides packaged fruits and vegetables in the United States and internationally More
Seneca Foods 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 Seneca Foods' 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 Seneca Foods Corp upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 1.8 | |||
| Information Ratio | 0.0903 | |||
| Maximum Drawdown | 11.87 | |||
| Value At Risk | (1.85) | |||
| Potential Upside | 2.87 |
Seneca Foods Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Seneca Foods' investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Seneca Foods' standard deviation. In reality, there are many statistical measures that can use Seneca Foods historical prices to predict the future Seneca Foods' volatility.| Risk Adjusted Performance | 0.1238 | |||
| Jensen Alpha | 0.1601 | |||
| Total Risk Alpha | 0.0318 | |||
| Sortino Ratio | 0.0848 | |||
| Treynor Ratio | 0.2728 |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Seneca Foods' 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.
Seneca Foods Corp Backtested Returns
Seneca Foods appears to be very steady, given 3 months investment horizon. Seneca Foods Corp owns Efficiency Ratio (i.e., Sharpe Ratio) of 0.18, which indicates the firm had a 0.18% return per unit of risk over the last 3 months. We have found twenty-nine technical indicators for Seneca Foods Corp, which you can use to evaluate the volatility of the company. Please review Seneca Foods' Risk Adjusted Performance of 0.1238, semi deviation of 1.48, and Coefficient Of Variation of 644.44 to confirm if our risk estimates are consistent with your expectations. On a scale of 0 to 100, Seneca Foods holds a performance score of 13. The entity has a beta of 0.92, which indicates possible diversification benefits within a given portfolio. Seneca Foods returns are very sensitive to returns on the market. As the market goes up or down, Seneca Foods is expected to follow. Please check Seneca Foods' expected short fall, day median price, and the relationship between the potential upside and accumulation distribution , to make a quick decision on whether Seneca Foods' existing price patterns will revert.
Auto-correlation | -0.46 |
Modest reverse predictability
Seneca Foods Corp has modest reverse predictability. Overlapping area represents the amount of predictability between Seneca Foods time series from 3rd of December 2022 to 28th of November 2023 and 28th of November 2023 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 Seneca Foods Corp price movement. The serial correlation of -0.46 indicates that about 46.0% of current Seneca Foods price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.46 | |
| Spearman Rank Test | -0.42 | |
| Residual Average | 0.0 | |
| Price Variance | 24.58 |
Seneca Foods Corp lagged returns against current returns
Autocorrelation, which is Seneca Foods 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 Seneca Foods' stock expected returns. We can calculate the autocorrelation of Seneca Foods returns to help us make a trade decision. For example, suppose you find that Seneca Foods 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 |
Seneca Foods 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 Seneca Foods stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Seneca Foods stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Seneca Foods stock over time.
Current vs Lagged Prices |
| Timeline |
Seneca Foods Lagged Returns
When evaluating Seneca Foods' market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Seneca Foods stock have on its future price. Seneca Foods 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, Seneca Foods autocorrelation shows the relationship between Seneca Foods stock current value and its past values and can show if there is a momentum factor associated with investing in Seneca Foods Corp.
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.When determining whether Seneca Foods Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Seneca Foods' 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 Seneca Foods Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Seneca Foods Corp Stock:Check out Seneca Foods Correlation, Seneca Foods Volatility and Seneca Foods Alpha and Beta module to complement your research on Seneca Foods. You can also try the Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
Seneca Foods 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.