Super League Enterprise Stock Market Value
| SLE Stock | 0.61 0.03 5.17% |
| Symbol | Super |
Super League Enterprise Price To Book Ratio
Is Interactive Media & 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 Super League. If investors know Super 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 Super League listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (7.42) | Revenue Per Share 5.196 | Quarterly Revenue Growth (0.18) | Return On Assets (0.56) | Return On Equity (2.17) |
The market value of Super League Enterprise is measured differently than its book value, which is the value of Super that is recorded on the company's balance sheet. Investors also form their own opinion of Super League's value that differs from its market value or its book value, called intrinsic value, which is Super League'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 Super League's market value can be influenced by many factors that don't directly affect Super League'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 Super League's value and its price as these two are different measures arrived at by different means. Investors typically determine if Super League is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Super League'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.
Super League '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 Super League'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 Super League.
| 09/26/2024 |
| 11/25/2024 |
If you would invest 0.00 in Super League on September 26, 2024 and sell it all today you would earn a total of 0.00 from holding Super League Enterprise or generate 0.0% return on investment in Super League over 60 days. Super League is related to or competes with Alphabet, Twilio, Snap, Baidu, Meta Platforms, and Tencent Holdings. Sara Lee Corporationration engages in the manufacture and marketing of a range of branded packaged meat, bakery, and beverage solutions worldwide. More
Super League 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 Super League'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 Super League Enterprise upside and downside potential and time the market with a certain degree of confidence.
| Information Ratio | (0.11) | |||
| Maximum Drawdown | 44.2 | |||
| Value At Risk | (14.71) | |||
| Potential Upside | 14.74 |
Super League Market Risk Indicators
Today, many novice investors tend to focus exclusively on investment returns with little concern for Super League's investment risk. Other traders do consider volatility but use just one or two very conventional indicators such as Super League's standard deviation. In reality, there are many statistical measures that can use Super League historical prices to predict the future Super League's volatility.| Risk Adjusted Performance | (0.06) | |||
| Jensen Alpha | (0.91) | |||
| Total Risk Alpha | (1.98) | |||
| Treynor Ratio | (0.59) |
Super League Enterprise Backtested Returns
Super League Enterprise owns Efficiency Ratio (i.e., Sharpe Ratio) of -0.0906, which indicates the firm had a -0.0906% return per unit of risk over the last 3 months. Super League Enterprise exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please validate Super League's Coefficient Of Variation of (1,050), risk adjusted performance of (0.06), and Variance of 60.69 to confirm the risk estimate we provide. The entity has a beta of 1.27, which indicates a somewhat significant risk relative to the market. As the market goes up, the company is expected to outperform it. However, if the market returns are negative, Super League will likely underperform. At this point, Super League Enterprise has a negative expected return of -0.71%. Please make sure to validate Super League's skewness, as well as the relationship between the rate of daily change and price action indicator , to decide if Super League Enterprise performance from the past will be repeated at some point in the near future.
Auto-correlation | -0.35 |
Poor reverse predictability
Super League Enterprise has poor reverse predictability. Overlapping area represents the amount of predictability between Super League time series from 26th of September 2024 to 26th of October 2024 and 26th of October 2024 to 25th 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 Super League Enterprise price movement. The serial correlation of -0.35 indicates that nearly 35.0% of current Super League price fluctuation can be explain by its past prices.
| Correlation Coefficient | -0.35 | |
| Spearman Rank Test | -0.56 | |
| Residual Average | 0.0 | |
| Price Variance | 0.03 |
Super League Enterprise lagged returns against current returns
Autocorrelation, which is Super League 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 Super League's stock expected returns. We can calculate the autocorrelation of Super League returns to help us make a trade decision. For example, suppose you find that Super League 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 |
Super League 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 Super League stock is displaying a positive serial correlation, investors will expect a positive pattern to continue. However, if Super League stock is observed to have a negative serial correlation, investors will generally project negative sentiment on having a locked-in long position in Super League stock over time.
Current vs Lagged Prices |
| Timeline |
Super League Lagged Returns
When evaluating Super League's market value, investors can use the concept of autocorrelation to see how much of an impact past prices of Super League stock have on its future price. Super League 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, Super League autocorrelation shows the relationship between Super League stock current value and its past values and can show if there is a momentum factor associated with investing in Super League Enterprise.
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 Super League Enterprise is a strong investment it is important to analyze Super League's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Super League's future performance. For an informed investment choice regarding Super Stock, refer to the following important reports:Check out Super League Correlation, Super League Volatility and Super League Alpha and Beta module to complement your research on Super League. You can also try the Crypto Correlations module to use cryptocurrency correlation module to diversify your cryptocurrency portfolio across multiple coins.
Super League 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.