Sfl Corporation Stock Market Value
| SFL Stock | USD 10.89 0.25 2.35% |
| Symbol | SFL |
SFL Corporation Price To Book Ratio
Is Oil & Gas Storage & Transportation 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 SFL. If investors know SFL 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 SFL 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 0.45 | Dividend Share 1.07 | Earnings Share 1 | Revenue Per Share 6.881 | Quarterly Revenue Growth 0.246 |
The market value of SFL Corporation is measured differently than its book value, which is the value of SFL that is recorded on the company's balance sheet. Investors also form their own opinion of SFL's value that differs from its market value or its book value, called intrinsic value, which is SFL'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 SFL's market value can be influenced by many factors that don't directly affect SFL'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 SFL's value and its price as these two are different measures arrived at by different means. Investors typically determine if SFL is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, SFL'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.
SFL '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 SFL'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 SFL.
| 05/26/2024 |
| 11/22/2024 |
If you would invest 0.00 in SFL on May 26, 2024 and sell it all today you would earn a total of 0.00 from holding SFL Corporation or generate 0.0% return on investment in SFL over 180 days. SFL is related to or competes with Danaos, Global Ship, Euroseas, Navios Maritime, Genco Shipping, Costamare, and Ardmore Shpng. SFL Corporation Ltd., a maritime and offshore asset owning and chartering company, engages in the ownership, operation, ... More
SFL 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 SFL'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 SFL Corporation upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.14) | |||
| Maximum Drawdown | 4.87 | |||
| Value At Risk | (2.52) | |||
| Potential Upside | 1.76 |
SFL Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for SFL's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as SFL's standard deviation. In reality, there are many statistical measures that can use SFL historical prices to predict the future SFL's volatility.| Risk Adjusted Performance | (0.05) | |||
| Jensen Alpha | (0.12) | |||
| Total Risk Alpha | (0.24) | |||
| Treynor Ratio | (0.28) |
SFL Corporation Backtested Returns
SFL Corporation owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0379, which indicates the firm had a -0.0379% return per unit of volatility over the last 3 months. SFL Corporation exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate SFL's risk adjusted performance of (0.05), and Variance of 1.67 to confirm the risk estimate we provide. The entity has a beta of 0.34, which indicates possible diversification benefits within a given portfolio. As returns on the market increase, SFL's returns are expected to increase less than the market. However, during the bear market, the loss of holding SFL is expected to be smaller as well. At this point, SFL Corporation has a negative expected return of -0.0511%. Please make sure to validate SFL's total risk alpha, skewness, as well as the relationship between the Skewness and day median price , to decide if SFL Corporation performance from the past will be repeated at future time.
Auto-correlation | 0.76 |
Good predictability
SFL Corporation has good predictability. Overlapping area represents the amount of predictability between SFL time series from 26th of May 2024 to 24th of August 2024 and 24th of August 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 SFL Corporation price movement. The serial correlation of 0.76 indicates that around 76.0% of current SFL price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.76 | |
| Spearman Rank Test | 0.53 | |
| Residual Average | 0.0 | |
| Price Variance | 0.19 |
SFL Corporation lagged returns against current returns
Autocorrelation, which is SFL 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 SFL's stock expected returns. We can calculate the autocorrelation of SFL returns to help us make a trade decision. For example, suppose you find that SFL 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 |
SFL 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 SFL stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if SFL stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in SFL stock over time.
Current vs Lagged Prices |
| Timeline |
SFL Lagged Returns
When evaluating SFL's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of SFL stock have on its future price. SFL 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, SFL autocorrelation shows the relationship between SFL stock current value and its past values and can show if there is a momentum factor associated with investing in SFL Corporation.
Regressed Prices |
| Timeline |
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SFL 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.