Shengfeng Development Limited Stock Market Value
| SFWL Stock | 1.18 0.05 4.07% |
| Symbol | Shengfeng |
Shengfeng Development Price To Book Ratio
Is Air Freight & Logistics 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 Shengfeng Development. If investors know Shengfeng 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 Shengfeng Development 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 (0.23) | Earnings Share 0.11 | Revenue Per Share 5.411 | Quarterly Revenue Growth 0.228 | Return On Assets 0.0304 |
The market value of Shengfeng Development is measured differently than its book value, which is the value of Shengfeng that is recorded on the company's balance sheet. Investors also form their own opinion of Shengfeng Development's value that differs from its market value or its book value, called intrinsic value, which is Shengfeng Development'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 Shengfeng Development's market value can be influenced by many factors that don't directly affect Shengfeng Development'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 Shengfeng Development's value and its price as these two are different measures arrived at by different means. Investors typically determine if Shengfeng Development is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Shengfeng Development'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.
Shengfeng Development '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 Shengfeng Development'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 Shengfeng Development.
| 08/28/2024 |
| 11/26/2024 |
If you would invest 0.00 in Shengfeng Development on August 28, 2024 and sell it all today you would earn a total of 0.00 from holding Shengfeng Development Limited or generate 0.0% return on investment in Shengfeng Development over 90 days. Shengfeng Development is related to or competes with Jayud Global, Freightos Limited, Air T, Forward Air, Hub, Landstar System, and CH Robinson. Shengfeng Development is entity of United States More
Shengfeng Development 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 Shengfeng Development'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 Shengfeng Development Limited upside and downside potential and time the market with a certain degree of confidence.
| Downside Deviation | 2.88 | |||
| Information Ratio | (0.04) | |||
| Maximum Drawdown | 16.2 | |||
| Value At Risk | (4.31) | |||
| Potential Upside | 4.03 |
Shengfeng Development Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Shengfeng Development's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Shengfeng Development's standard deviation. In reality, there are many statistical measures that can use Shengfeng Development historical prices to predict the future Shengfeng Development's volatility.| Risk Adjusted Performance | 0.009 | |||
| Jensen Alpha | (0.11) | |||
| Total Risk Alpha | (0.46) | |||
| Sortino Ratio | (0.04) | |||
| Treynor Ratio | (0) |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Shengfeng Development'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.
Shengfeng Development Backtested Returns
Shengfeng Development owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.023, which indicates the firm had a -0.023% return per unit of risk over the last 3 months. Shengfeng Development Limited exposes twenty-eight different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Shengfeng Development's Coefficient Of Variation of 49240.09, semi deviation of 2.52, and Risk Adjusted Performance of 0.009 to confirm the risk estimate we provide. The entity has a beta of 0.88, which indicates possible diversification benefits within a given portfolio. Shengfeng Development returns are very sensitive to returns on the market. As the market goes up or down, Shengfeng Development is expected to follow. At this point, Shengfeng Development has a negative expected return of -0.0698%. Please make sure to validate Shengfeng Development's kurtosis, day typical price, as well as the relationship between the potential upside and total risk alpha , to decide if Shengfeng Development performance from the past will be repeated at some point in the near future.
Auto-correlation | 0.13 |
Insignificant predictability
Shengfeng Development Limited has insignificant predictability. Overlapping area represents the amount of predictability between Shengfeng Development time series from 28th of August 2024 to 12th of October 2024 and 12th of October 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 Shengfeng Development price movement. The serial correlation of 0.13 indicates that less than 13.0% of current Shengfeng Development price fluctuation can be explain by its past prices.
| Correlation Coefficient | 0.13 | |
| Spearman Rank Test | -0.02 | |
| Residual Average | 0.0 | |
| Price Variance | 0.01 |
Shengfeng Development lagged returns against current returns
Autocorrelation, which is Shengfeng Development 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 Shengfeng Development's stock expected returns. We can calculate the autocorrelation of Shengfeng Development returns to help us make a trade decision. For example, suppose you find that Shengfeng Development 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 |
Shengfeng Development 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 Shengfeng Development stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Shengfeng Development stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Shengfeng Development stock over time.
Current vs Lagged Prices |
| Timeline |
Shengfeng Development Lagged Returns
When evaluating Shengfeng Development's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Shengfeng Development stock have on its future price. Shengfeng Development 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, Shengfeng Development autocorrelation shows the relationship between Shengfeng Development stock current value and its past values and can show if there is a momentum factor associated with investing in Shengfeng Development Limited.
Regressed Prices |
| Timeline |
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Shengfeng Development 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.